HMCNX vs. HABDX
HMCNX (Harbor Mid Cap Fund) and HABDX (Harbor Core Plus Fund) are both mutual funds - HMCNX is a Mid Cap Blend Equities fund managed by Harbor, while HABDX is a Intermediate Core-Plus Bond fund managed by Harbor. Over the past 5 years, HMCNX returned 6.60%/yr vs 0.19%/yr for HABDX. Their 0.10 correlation means their historical movements had little consistent relationship. HMCNX charges 1.24%/yr vs 0.38%/yr for HABDX.
Performance
HMCNX vs. HABDX - Performance Comparison
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Returns By Period
In the year-to-date period, HMCNX achieves a 13.54% return, which is significantly higher than HABDX's -0.02% return.
HMCNX
- 1D
- 0.34%
- 1M
- -1.23%
- 6M
- 7.41%
- YTD
- 13.54%
- 1Y
- 23.52%
- 3Y*
- 11.51%
- 5Y*
- 6.60%
- 10Y*
- —
- ALL TIME*
- 10.50%
HABDX
- 1D
- 0.10%
- 1M
- -0.99%
- 6M
- -0.44%
- YTD
- -0.02%
- 1Y
- 2.46%
- 3Y*
- 4.42%
- 5Y*
- 0.19%
- 10Y*
- 2.01%
- ALL TIME*
- 5.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
HMCNX Harbor Mid Cap Fund | $0.00 | $0.00 | $0.00 |
HMCNX vs. HABDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HMCNX Harbor Mid Cap Fund | 13.54% | 9.38% | 7.01% | 16.44% | -17.46% | 24.12% | 18.45% | 3.52% |
HABDX Harbor Core Plus Fund | -0.02% | 7.28% | 2.56% | 6.70% | -13.23% | -0.64% | 8.88% | -0.35% |
Correlation
The correlation between HMCNX and HABDX is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2019 | 0.10 |
Over the past year, HMCNX and HABDX have become more correlated (0.34) than their long-term average of 0.10, meaning their price movements have been converging.
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Return for Risk
HMCNX vs. HABDX — Risk / Return Rank
HMCNX
HABDX
HMCNX vs. HABDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Mid Cap Fund (HMCNX) and Harbor Core Plus Fund (HABDX). 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.
| HMCNX | HABDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.16 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 1.23 | +1.08 |
| Martin ratioReturn relative to average drawdown | 9.05 | 3.17 | +5.87 |
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Drawdowns
HMCNX vs. HABDX - Drawdown Comparison
The maximum HMCNX drawdown since its inception was -38.10%, which is greater than HABDX's maximum drawdown of -17.94%. Use the drawdown chart below to compare losses from any high point for HMCNX and HABDX.
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Drawdown Indicators
| HMCNX | HABDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.10% | -17.94% | -20.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.00% | -2.73% | -6.27% |
Max Drawdown (3Y)Largest decline over 3 years | -20.80% | -5.07% | -15.73% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -17.94% | -5.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.94% | — |
Current DrawdownCurrent decline from peak | -2.53% | -1.91% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -1.86% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 1.06% | +1.25% |
Volatility
HMCNX vs. HABDX - Volatility Comparison
Harbor Mid Cap Fund (HMCNX) has a higher volatility of 3.19% compared to Harbor Core Plus Fund (HABDX) at 1.03%. This indicates that HMCNX's price experiences larger fluctuations and is considered to be riskier than HABDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HMCNX | HABDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 1.03% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 10.88% | 2.85% | +8.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.49% | 3.68% | +10.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.07% | 5.69% | +11.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.17% | 4.84% | +16.33% |
HMCNX vs. HABDX - Expense Ratio Comparison
HMCNX has a 1.24% expense ratio, which is higher than HABDX's 0.38% expense ratio.
Dividends
HMCNX vs. HABDX - Dividend Comparison
HMCNX's dividend yield for the trailing twelve months is around 2.20%, less than HABDX's 4.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HABDX Harbor Core Plus Fund | 4.41% | 4.65% | 4.46% | 4.24% | 3.41% | 3.12% | 3.27% | 3.19% | 3.08% | 3.41% | 3.86% | 5.40% |
HMCNX Harbor Mid Cap Fund | 2.20% | 2.50% | 0.27% | 1.94% | 2.93% | 1.79% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HMCNX and HABDX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HMCNX has higher volatility (3.19%) compared to HABDX (1.03%). In terms of maximum drawdown, HMCNX dropped -38.10% vs HABDX's -17.94%.
HMCNX currently has the higher Sharpe Ratio (1.44 vs 0.92), 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.
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