HCVAX vs. TIBIX
Compare and contrast key facts about Hartford Conservative Allocation Fund (HCVAX) and Thornburg Investment Income Builder Fund Class I (TIBIX).
HCVAX is managed by Hartford. It was launched on May 27, 2004. TIBIX is an actively managed fund by Thornburg. It was launched on Dec 24, 2002.
Performance
HCVAX vs. TIBIX - Performance Comparison
Loading graphics...
HCVAX vs. TIBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HCVAX Hartford Conservative Allocation Fund | -1.17% | 11.09% | 8.52% | 9.63% | -13.42% | 5.38% | 8.75% | 13.79% | -3.78% | 10.07% |
TIBIX Thornburg Investment Income Builder Fund Class I | 9.82% | 37.01% | 13.48% | 18.28% | -7.69% | 20.36% | -0.40% | 18.01% | -4.31% | 15.23% |
Returns By Period
In the year-to-date period, HCVAX achieves a -1.17% return, which is significantly lower than TIBIX's 9.82% return. Over the past 10 years, HCVAX has underperformed TIBIX with an annualized return of 4.94%, while TIBIX has yielded a comparatively higher 12.18% annualized return.
HCVAX
- 1D
- 1.20%
- 1M
- -3.04%
- YTD
- -1.17%
- 6M
- 0.04%
- 1Y
- 8.71%
- 3Y*
- 8.01%
- 5Y*
- 3.24%
- 10Y*
- 4.94%
TIBIX
- 1D
- 1.69%
- 1M
- -2.43%
- YTD
- 9.82%
- 6M
- 16.92%
- 1Y
- 38.14%
- 3Y*
- 24.21%
- 5Y*
- 15.48%
- 10Y*
- 12.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HCVAX vs. TIBIX - Expense Ratio Comparison
HCVAX has a 0.59% expense ratio, which is lower than TIBIX's 0.93% expense ratio.
Return for Risk
HCVAX vs. TIBIX — Risk / Return Rank
HCVAX
TIBIX
HCVAX vs. TIBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Conservative Allocation Fund (HCVAX) and Thornburg Investment Income Builder Fund Class I (TIBIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HCVAX | TIBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 3.57 | -2.26 |
Sortino ratioReturn per unit of downside risk | 1.85 | 4.54 | -2.69 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.79 | -0.52 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 4.43 | -2.61 |
Martin ratioReturn relative to average drawdown | 7.75 | 21.79 | -14.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HCVAX | TIBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 3.57 | -2.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 1.40 | -0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.91 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.75 | -0.17 |
Correlation
The correlation between HCVAX and TIBIX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HCVAX vs. TIBIX - Dividend Comparison
HCVAX's dividend yield for the trailing twelve months is around 3.23%, less than TIBIX's 5.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCVAX Hartford Conservative Allocation Fund | 3.23% | 3.19% | 2.95% | 2.54% | 2.52% | 4.72% | 1.51% | 2.52% | 3.22% | 3.01% | 1.35% | 1.66% |
TIBIX Thornburg Investment Income Builder Fund Class I | 5.40% | 5.83% | 5.67% | 4.89% | 5.89% | 5.33% | 4.31% | 4.46% | 4.77% | 4.52% | 4.14% | 4.66% |
Drawdowns
HCVAX vs. TIBIX - Drawdown Comparison
The maximum HCVAX drawdown since its inception was -31.09%, smaller than the maximum TIBIX drawdown of -48.88%. Use the drawdown chart below to compare losses from any high point for HCVAX and TIBIX.
Loading graphics...
Drawdown Indicators
| HCVAX | TIBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.09% | -48.88% | +17.79% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -8.58% | +3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -18.45% | -20.79% | +2.34% |
Max Drawdown (10Y)Largest decline over 10 years | -18.45% | -34.85% | +16.40% |
Current DrawdownCurrent decline from peak | -3.36% | -3.47% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -3.75% | -6.00% | +2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 1.75% | -0.58% |
Volatility
HCVAX vs. TIBIX - Volatility Comparison
The current volatility for Hartford Conservative Allocation Fund (HCVAX) is 2.78%, while Thornburg Investment Income Builder Fund Class I (TIBIX) has a volatility of 3.68%. This indicates that HCVAX experiences smaller price fluctuations and is considered to be less risky than TIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HCVAX | TIBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 3.68% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 4.14% | 6.57% | -2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.85% | 10.83% | -3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.89% | 11.11% | -4.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.70% | 13.48% | -6.78% |