HFGO vs. HSRT

Last updated Jun 4, 2026

HFGO (Hartford Large Cap Growth ETF) and HSRT (Hartford AAA CLO ETF) are both exchange-traded funds - HFGO is a Large Cap Growth Equities fund actively managed by Hartford, while HSRT is a CLO fund tracking the JP Morgan CLOIE AAA Index. HFGO is actively managed, while HSRT is passively managed. At a 0.24 correlation, their price movements are largely independent. HFGO charges 0.60%/yr vs 0.24%/yr for HSRT.

Performance

HFGO vs. HSRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Large Cap Growth ETF (HFGO) and Hartford AAA CLO ETF (HSRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HFGO

• 1D: -1.26%
• 1M: 8.28%
• YTD: 11.58%
• 6M: 10.04%
• 1Y: 30.26%
• 3Y*: 26.77%
• 5Y*: —
• 10Y*: —

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HFGO vs. HSRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HFGO Hartford Large Cap Growth ETF	11.58%	15.52%	40.73%	42.45%	-36.69%	-5.15%
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	7.52%	-4.40%	0.13%

Correlation

The correlation between HFGO and HSRT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.24

The correlation between HFGO and HSRT shifts across timeframes, from 0.14 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HFGO vs. HSRT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HFGO

HFGO Risk / Return Rank: 42
HFGO Sharpe Ratio Rank: 49
HFGO Sortino Ratio Rank: 46
HFGO Omega Ratio Rank: 46
HFGO Calmar Ratio Rank: 34
HFGO Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HFGO vs. HSRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Large Cap Growth ETF (HFGO) and Hartford AAA CLO ETF (HSRT). 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.

	HFGO	HSRT	Difference
Sharpe ratio: Return per unit of total volatility	1.69	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.66	—	—
Martin ratio: Return relative to average drawdown	5.35	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HFGO	HSRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Drawdowns

Drawdown Indicators

	HFGO	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-44.64%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-18.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.19%	—	—
Current Drawdown Current decline from peak	-1.36%	—	—
Average Drawdown Average peak-to-trough decline	-16.11%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.67%	—	—

Volatility

Volatility by Period

	HFGO	HSRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.91%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.91%	—	—

HFGO vs. HSRT - Expense Ratio Comparison

HFGO has a 0.60% expense ratio, which is higher than HSRT's 0.24% expense ratio.

Dividends

HFGO vs. HSRT - Dividend Comparison

Neither HFGO nor HSRT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HFGO Hartford Large Cap Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%

Frequently Asked Questions

Can I hold both HFGO and HSRT in my portfolio?

HFGO and HSRT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HFGO or HSRT?

On fees, HSRT is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HFGO or HSRT?

HSRT is cheaper with a 0.24% expense ratio, compared with 0.60% for HFGO.

Which ETF pays a higher dividend yield, HFGO or HSRT?

HFGO and HSRT have nearly identical dividend yields, around 0.00%.

What is the main difference between HFGO and HSRT?

HFGO is categorized as Large Cap Growth Equities, while HSRT is CLO. Their fees differ too: 0.60% for HFGO and 0.24% for HSRT.