HMCNX vs. HABDX

Last updated Apr 1, 2026

Compare and contrast key facts about Harbor Mid Cap Fund (HMCNX) and Harbor Core Plus Fund (HABDX).

HMCNX is managed by Harbor. It was launched on Dec 2, 2019. HABDX is managed by Harbor. It was launched on Dec 29, 1987.

Performance

HMCNX vs. HABDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Mid Cap Fund (HMCNX) and Harbor Core Plus Fund (HABDX). The values are adjusted to include any dividend payments, if applicable.

HMCNX vs. HABDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HMCNX Harbor Mid Cap Fund	0.58%	9.38%	7.01%	16.44%	-17.46%	24.12%	18.45%	3.52%
HABDX Harbor Core Plus Fund	-0.23%	7.28%	2.56%	6.70%	-13.23%	-0.64%	8.88%	-0.10%

Returns By Period

In the year-to-date period, HMCNX achieves a 0.58% return, which is significantly higher than HABDX's -0.23% return.

HMCNX

• 1D: -0.95%
• 1M: -8.68%
• YTD: 0.58%
• 6M: 4.57%
• 1Y: 14.16%
• 3Y*: 9.53%
• 5Y*: 5.14%
• 10Y*: —

HABDX

• 1D: 0.49%
• 1M: -2.12%
• YTD: -0.23%
• 6M: 0.66%
• 1Y: 4.23%
• 3Y*: 4.24%
• 5Y*: 0.76%
• 10Y*: 2.30%

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

HMCNX vs. HABDX - Expense Ratio Comparison

HMCNX has a 1.24% expense ratio, which is higher than HABDX's 0.38% expense ratio.

HMCNX

Harbor Mid Cap Fund

HABDX

Harbor Core Plus Fund

Return for Risk

HMCNX vs. HABDX — Risk / Return Rank

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

HMCNX

HMCNX Risk / Return Rank: 38
HMCNX Sharpe Ratio Rank: 40
HMCNX Sortino Ratio Rank: 40
HMCNX Omega Ratio Rank: 36
HMCNX Calmar Ratio Rank: 37
HMCNX Martin Ratio Rank: 38

HABDX

HABDX Risk / Return Rank: 60
HABDX Sharpe Ratio Rank: 59
HABDX Sortino Ratio Rank: 58
HABDX Omega Ratio Rank: 44
HABDX Calmar Ratio Rank: 79
HABDX Martin Ratio Rank: 57

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.

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.

	HMCNX	HABDX	Difference
Sharpe ratio Return per unit of total volatility	0.87	1.06	-0.19
Sortino ratio Return per unit of downside risk	1.28	1.52	-0.24
Omega ratio Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio Return relative to maximum drawdown	0.99	1.87	-0.88
Martin ratio Return relative to average drawdown	4.09	5.46	-1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HMCNX vs. HABDX - Sharpe Ratio Comparison

The current HMCNX Sharpe Ratio is 0.87, which is comparable to the HABDX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of HMCNX and HABDX, 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

	HMCNX	HABDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	1.06	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.13	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	1.33	-0.91

Correlation

The correlation between HMCNX and HABDX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HMCNX vs. HABDX - Dividend Comparison

HMCNX's dividend yield for the trailing twelve months is around 2.49%, less than HABDX's 4.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HMCNX Harbor Mid Cap Fund	2.49%	2.50%	0.27%	1.94%	2.93%	1.79%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%
HABDX Harbor Core Plus Fund	4.28%	4.65%	4.46%	4.24%	3.41%	3.12%	3.27%	3.19%	3.08%	3.41%	3.86%	5.40%

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.

Drawdown Indicators

	HMCNX	HABDX	Difference
Max Drawdown Largest peak-to-trough decline	-38.10%	-17.94%	-20.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.04%	-2.64%	-10.40%
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 Drawdown Current decline from peak	-9.00%	-2.12%	-6.88%
Average Drawdown Average peak-to-trough decline	-7.04%	-1.87%	-5.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	0.91%	+2.26%

Volatility

HMCNX vs. HABDX - Volatility Comparison

Harbor Mid Cap Fund (HMCNX) has a higher volatility of 4.82% compared to Harbor Core Plus Fund (HABDX) at 1.49%. 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.

Volatility by Period

	HMCNX	HABDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	1.49%	+3.33%
Volatility (6M) Calculated over the trailing 6-month period	10.30%	2.46%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	17.12%	4.19%	+12.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.96%	5.65%	+11.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.46%	4.82%	+16.64%