HIASX vs. HIABX

Last updated Jun 6, 2026

HIASX (Hartford Small Company HLS Fund) and HIABX (Hartford Total Return Bond HLS Fund) are both mutual funds - HIASX is a Small Cap Growth Equities fund managed by Hartford, while HIABX is a Intermediate Core-Plus Bond fund managed by Hartford. Over the past 10 years, HIASX returned 12.03%/yr vs 1.30%/yr for HIABX. At a correlation of -0.09, they often move in opposite directions. HIASX charges 0.77%/yr vs 0.50%/yr for HIABX.

Performance

HIASX vs. HIABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Small Company HLS Fund (HIASX) and Hartford Total Return Bond HLS Fund (HIABX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIASX achieves a 10.08% return, which is significantly higher than HIABX's 0.42% return. Over the past 10 years, HIASX has outperformed HIABX with an annualized return of 12.03%, while HIABX has yielded a comparatively lower 1.30% annualized return.

HIASX

• 1D: 1.01%
• 1M: 2.14%
• YTD: 10.08%
• 6M: 8.29%
• 1Y: 28.62%
• 3Y*: 15.57%
• 5Y*: 2.51%
• 10Y*: 12.03%

HIABX

• 1D: 0.21%
• 1M: -0.10%
• YTD: 0.42%
• 6M: 0.63%
• 1Y: 5.39%
• 3Y*: 4.72%
• 5Y*: 0.40%
• 10Y*: 1.30%

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

HIASX vs. HIABX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HIASX Hartford Small Company HLS Fund	10.08%	12.95%	12.00%	16.74%	-31.56%	1.88%	55.51%	36.72%	-4.21%	26.36%
HIABX Hartford Total Return Bond HLS Fund	0.42%	7.29%	2.34%	6.97%	-14.21%	-0.94%	4.95%	10.66%	-4.70%	5.16%

Correlation

The correlation between HIASX and HIABX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Aug 12, 1996	-0.09

The correlation between HIASX and HIABX shifts across timeframes, from -0.09 (all time) to 0.29 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HIASX vs. HIABX — Risk / Return Rank

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

HIASX

HIASX Risk / Return Rank: 34
HIASX Sharpe Ratio Rank: 34
HIASX Sortino Ratio Rank: 34
HIASX Omega Ratio Rank: 30
HIASX Calmar Ratio Rank: 34
HIASX Martin Ratio Rank: 39

HIABX

HIABX Risk / Return Rank: 25
HIABX Sharpe Ratio Rank: 24
HIABX Sortino Ratio Rank: 25
HIABX Omega Ratio Rank: 23
HIABX Calmar Ratio Rank: 28
HIABX Martin Ratio Rank: 25

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.

HIASX vs. HIABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Small Company HLS Fund (HIASX) and Hartford Total Return Bond HLS Fund (HIABX). 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.

	HIASX	HIABX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	1.35	+0.26
Sortino ratio: Return per unit of downside risk	2.33	2.00	+0.33
Omega ratio: Gain probability vs. loss probability	1.28	1.24	+0.04
Calmar ratio: Return relative to maximum drawdown	2.09	1.88	+0.21
Martin ratio: Return relative to average drawdown	8.26	5.73	+2.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIASX vs. HIABX - Sharpe Ratio Comparison

The current HIASX Sharpe Ratio is 1.60, which is comparable to the HIABX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of HIASX and HIABX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HIASX	HIABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	1.35	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	0.07	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.25	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.03	+0.07

Drawdowns

HIASX vs. HIABX - Drawdown Comparison

The maximum HIASX drawdown since its inception was -68.04%, smaller than the maximum HIABX drawdown of -91.15%. Use the drawdown chart below to compare losses from any high point for HIASX and HIABX.

Drawdown Indicators

	HIASX	HIABX	Difference
Max Drawdown Largest peak-to-trough decline	-68.04%	-91.15%	+23.11%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	-2.77%	-11.07%
Max Drawdown (3Y) Largest decline over 3 years	-26.87%	-6.53%	-20.34%
Max Drawdown (5Y) Largest decline over 5 years	-40.94%	-19.40%	-21.54%
Max Drawdown (10Y) Largest decline over 10 years	-42.36%	-21.48%	-20.88%
Current Drawdown Current decline from peak	-0.77%	-2.56%	+1.79%
Average Drawdown Average peak-to-trough decline	-21.38%	-24.49%	+3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	0.91%	+2.58%

Volatility

HIASX vs. HIABX - Volatility Comparison

Hartford Small Company HLS Fund (HIASX) has a higher volatility of 5.20% compared to Hartford Total Return Bond HLS Fund (HIABX) at 1.41%. This indicates that HIASX's price experiences larger fluctuations and is considered to be riskier than HIABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIASX	HIABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.20%	1.41%	+3.79%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	2.81%	+10.52%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	3.91%	+14.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.09%	5.90%	+17.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.42%	5.32%	+18.10%

HIASX vs. HIABX - Expense Ratio Comparison

HIASX has a 0.77% expense ratio, which is higher than HIABX's 0.50% expense ratio.

Dividends

HIASX vs. HIABX - Dividend Comparison

HIASX's dividend yield for the trailing twelve months is around 0.36%, less than HIABX's 5.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HIABX Hartford Total Return Bond HLS Fund	5.56%	5.59%	3.71%	3.42%	4.63%	5.14%	0.23%	3.96%	0.37%	3.00%	0.40%
HIASX Hartford Small Company HLS Fund	0.36%	0.40%	0.00%	0.00%	26.96%	13.78%	12.10%	20.73%	8.06%	0.00%	10.42%

Frequently Asked Questions

Can I hold both HIASX and HIABX in my portfolio?

HIASX and HIABX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIASX or HIABX?

HIASX has higher volatility (5.20%) compared to HIABX (1.41%). In terms of maximum drawdown, HIASX dropped -68.04% vs HIABX's -91.15%.

Which has better risk-adjusted returns?

HIASX currently has the higher Sharpe Ratio (1.60 vs 1.35), 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.