HFSI vs. PYLD

Last updated Apr 1, 2026

Compare and contrast key facts about Hartford Strategic Income ETF (HFSI) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD).

HFSI and PYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFSI is an actively managed fund by Hartford. It was launched on Sep 21, 2021. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.

Performance

HFSI vs. PYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Strategic Income ETF (HFSI) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). The values are adjusted to include any dividend payments, if applicable.

HFSI vs. PYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HFSI Hartford Strategic Income ETF	-0.99%	9.56%	7.91%	5.66%
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund	-0.92%	9.57%	7.69%	5.60%

Returns By Period

In the year-to-date period, HFSI achieves a -0.99% return, which is significantly lower than PYLD's -0.92% return.

HFSI

• 1D: 0.35%
• 1M: -2.49%
• YTD: -0.99%
• 6M: 0.35%
• 1Y: 6.27%
• 3Y*: 7.40%
• 5Y*: —
• 10Y*: —

PYLD

• 1D: 0.50%
• 1M: -2.28%
• YTD: -0.92%
• 6M: 0.90%
• 1Y: 5.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HFSI vs. PYLD - Expense Ratio Comparison

HFSI has a 0.49% expense ratio, which is lower than PYLD's 0.55% expense ratio.

PYLD

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

HFSI

Hartford Strategic Income ETF

Return for Risk

HFSI vs. PYLD — Risk / Return Rank

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

HFSI

HFSI Risk / Return Rank: 77
HFSI Sharpe Ratio Rank: 81
HFSI Sortino Ratio Rank: 80
HFSI Omega Ratio Rank: 80
HFSI Calmar Ratio Rank: 72
HFSI Martin Ratio Rank: 72

PYLD

PYLD Risk / Return Rank: 83
PYLD Sharpe Ratio Rank: 87
PYLD Sortino Ratio Rank: 89
PYLD Omega Ratio Rank: 87
PYLD Calmar Ratio Rank: 75
PYLD Martin Ratio Rank: 76

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. PYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Strategic Income ETF (HFSI) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). 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.

	HFSI	PYLD	Difference
Sharpe ratio Return per unit of total volatility	1.47	1.72	-0.24
Sortino ratio Return per unit of downside risk	2.01	2.39	-0.38
Omega ratio Gain probability vs. loss probability	1.29	1.34	-0.04
Calmar ratio Return relative to maximum drawdown	1.78	1.84	-0.07
Martin ratio Return relative to average drawdown	7.04	7.60	-0.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HFSI vs. PYLD - Sharpe Ratio Comparison

The current HFSI Sharpe Ratio is 1.47, which is comparable to the PYLD Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of HFSI and PYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HFSI	PYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	1.72	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	1.99	-1.53

Correlation

The correlation between HFSI and PYLD is 0.85, 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

HFSI vs. PYLD - Dividend Comparison

HFSI's dividend yield for the trailing twelve months is around 5.66%, less than PYLD's 6.36% yield.

	TTM	2025	2024	2023	2022	2021
HFSI Hartford Strategic Income ETF	5.66%	5.67%	6.51%	5.77%	4.87%	0.71%
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund	6.36%	6.21%	6.40%	2.72%	0.00%	0.00%

Drawdowns

HFSI vs. PYLD - Drawdown Comparison

The maximum HFSI drawdown since its inception was -19.34%, which is greater than PYLD's maximum drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for HFSI and PYLD.

Drawdown Indicators

	HFSI	PYLD	Difference
Max Drawdown Largest peak-to-trough decline	-19.34%	-4.52%	-14.82%
Max Drawdown (1Y) Largest decline over 1 year	-3.56%	-3.25%	-0.31%
Current Drawdown Current decline from peak	-2.49%	-2.28%	-0.21%
Average Drawdown Average peak-to-trough decline	-5.91%	-0.64%	-5.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	0.79%	+0.11%

Volatility

HFSI vs. PYLD - Volatility Comparison

Hartford Strategic Income ETF (HFSI) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) have volatilities of 1.61% and 1.61%, 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	PYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	1.61%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.37%	2.12%	+0.25%
Volatility (1Y) Calculated over the trailing 1-year period	4.27%	3.43%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.02%	4.00%	+1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.02%	4.00%	+1.02%