HFSI vs. JCPB

Last updated Jun 24, 2026

HFSI (Hartford Strategic Income ETF) and JCPB (JPMorgan Core Plus Bond ETF) are both exchange-traded funds - HFSI is a Multisector Bonds fund actively managed by Hartford, while JCPB is a Intermediate Core-Plus Bond fund actively managed by JPMorgan. Both are actively managed. Over the past 3 years, HFSI returned 8.17%/yr vs 5.17%/yr for JCPB. Their correlation of 0.82 suggests significant overlap in exposure. HFSI charges 0.49%/yr vs 0.38%/yr for JCPB.

Performance

HFSI vs. JCPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Strategic Income ETF (HFSI) and JPMorgan Core Plus Bond ETF (JCPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HFSI achieves a 1.45% return, which is significantly higher than JCPB's 0.88% return.

HFSI

• 1D: -0.02%
• 1M: 0.82%
• YTD: 1.45%
• 6M: 1.51%
• 1Y: 7.10%
• 3Y*: 8.17%
• 5Y*: —
• 10Y*: —

JCPB

• 1D: 0.11%
• 1M: 0.75%
• YTD: 0.88%
• 6M: 1.01%
• 1Y: 5.28%
• 3Y*: 5.17%
• 5Y*: 1.10%
• 10Y*: —

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

HFSI vs. JCPB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HFSI Hartford Strategic Income ETF	1.45%	9.56%	7.91%	9.91%	-12.60%	-1.24%
JCPB JPMorgan Core Plus Bond ETF	0.88%	7.98%	2.96%	7.13%	-12.90%	-0.45%

Correlation

The correlation between HFSI and JCPB is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021	0.82

The correlation between HFSI and JCPB has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

HFSI vs. JCPB — Risk / Return Rank

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

HFSI

HFSI Risk / Return Rank: 61
HFSI Sharpe Ratio Rank: 65
HFSI Sortino Ratio Rank: 69
HFSI Omega Ratio Rank: 68
HFSI Calmar Ratio Rank: 49
HFSI Martin Ratio Rank: 55

JCPB

JCPB Risk / Return Rank: 41
JCPB Sharpe Ratio Rank: 42
JCPB Sortino Ratio Rank: 44
JCPB Omega Ratio Rank: 40
JCPB Calmar Ratio Rank: 41
JCPB Martin Ratio Rank: 38

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.

HFSI vs. JCPB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Strategic Income ETF (HFSI) and JPMorgan Core Plus Bond ETF (JCPB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HFSI	JCPB	Difference
Sharpe ratio: Return per unit of total volatility	2.02	1.43	+0.59
Sortino ratio: Return per unit of downside risk	2.97	2.12	+0.85
Omega ratio: Gain probability vs. loss probability	1.38	1.25	+0.13
Calmar ratio: Return relative to maximum drawdown	2.33	1.95	+0.37
Martin ratio: Return relative to average drawdown	9.30	5.62	+3.69

HFSI vs. JCPB - Sharpe Ratio Comparison

The current HFSI Sharpe Ratio is 2.02, which is higher than the JCPB Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of HFSI and JCPB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HFSI vs. JCPB - Drawdown Comparison

The maximum HFSI drawdown since its inception was -19.34%, which is greater than JCPB's maximum drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for HFSI and JCPB.

Drawdown Indicators

	HFSI	JCPB	Difference
Max Drawdown Largest peak-to-trough decline	-19.34%	-16.67%	-2.67%
Max Drawdown (1Y) Largest decline over 1 year	-3.06%	-2.71%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-5.11%	-5.97%	+0.86%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.67%	—
Current Drawdown Current decline from peak	-0.37%	-1.19%	+0.82%
Average Drawdown Average peak-to-trough decline	-5.66%	-4.24%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	0.94%	-0.18%

Volatility

HFSI vs. JCPB - Volatility Comparison

Hartford Strategic Income ETF (HFSI) and JPMorgan Core Plus Bond ETF (JCPB) have volatilities of 1.04% and 1.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HFSI	JCPB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.04%	1.06%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	2.63%	2.82%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	3.57%	3.73%	-0.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.96%	5.39%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.96%	5.04%	-0.08%

HFSI vs. JCPB - Expense Ratio Comparison

HFSI has a 0.49% expense ratio, which is higher than JCPB's 0.38% expense ratio.

Dividends

HFSI vs. JCPB - Dividend Comparison

HFSI's dividend yield for the trailing twelve months is around 5.54%, more than JCPB's 4.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HFSI Hartford Strategic Income ETF	5.54%	5.67%	6.51%	5.77%	4.87%	0.71%	0.00%	0.00%
JCPB JPMorgan Core Plus Bond ETF	4.91%	4.90%	5.16%	4.32%	3.01%	2.19%	2.97%	3.01%

Frequently Asked Questions

Can I hold both HFSI and JCPB in my portfolio?

HFSI and JCPB have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HFSI or JCPB?

JCPB has higher volatility (1.06%) compared to HFSI (1.04%). In terms of maximum drawdown, HFSI dropped -19.34% vs JCPB's -16.67%.

Which ETF is better, HFSI or JCPB?

On 3-year performance, HFSI leads with 8.17% vs 5.17% for JCPB. On fees, JCPB is cheaper at 0.38% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HFSI or JCPB?

Over the 3-year period, HFSI has performed better with a 8.17% return vs 5.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HFSI or JCPB?

JCPB is cheaper with a 0.38% expense ratio, compared with 0.49% for HFSI.

Which ETF pays a higher dividend yield, HFSI or JCPB?

HFSI has the higher dividend yield at 5.54%, compared with 4.91% for JCPB.

What is the main difference between HFSI and JCPB?

HFSI is categorized as Multisector Bonds, while JCPB is Intermediate Core-Plus Bond. They also come from different issuers: Hartford and JPMorgan. Their fees differ too: 0.49% for HFSI and 0.38% for JCPB.

Which has better risk-adjusted returns?

HFSI currently has the higher Sharpe Ratio (2.02 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.