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HOSBX vs. DHEAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HOSBX vs. DHEAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Homestead Funds Short Term Bond Fund (HOSBX) and Diamond Hill Short Duration Securitized Bond Fund (DHEAX). The values are adjusted to include any dividend payments, if applicable.

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HOSBX vs. DHEAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HOSBX
Homestead Funds Short Term Bond Fund
-0.39%5.87%3.78%5.08%-5.71%-1.11%5.38%3.89%1.45%1.66%
DHEAX
Diamond Hill Short Duration Securitized Bond Fund
0.75%5.70%9.15%8.38%-3.57%2.42%2.87%4.44%2.88%3.97%

Returns By Period

In the year-to-date period, HOSBX achieves a -0.39% return, which is significantly lower than DHEAX's 0.75% return.


HOSBX

1D
0.20%
1M
-1.20%
YTD
-0.39%
6M
0.74%
1Y
3.56%
3Y*
4.01%
5Y*
1.53%
10Y*
2.03%

DHEAX

1D
0.11%
1M
-0.29%
YTD
0.75%
6M
1.62%
1Y
4.87%
3Y*
7.37%
5Y*
4.17%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HOSBX vs. DHEAX - Expense Ratio Comparison

HOSBX has a 0.79% expense ratio, which is lower than DHEAX's 0.83% expense ratio.


Return for Risk

HOSBX vs. DHEAX — Risk / Return Rank

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

HOSBX
HOSBX Risk / Return Rank: 8585
Overall Rank
HOSBX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
HOSBX Sortino Ratio Rank: 8484
Sortino Ratio Rank
HOSBX Omega Ratio Rank: 8383
Omega Ratio Rank
HOSBX Calmar Ratio Rank: 9191
Calmar Ratio Rank
HOSBX Martin Ratio Rank: 8989
Martin Ratio Rank

DHEAX
DHEAX Risk / Return Rank: 9999
Overall Rank
DHEAX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
DHEAX Sortino Ratio Rank: 9999
Sortino Ratio Rank
DHEAX Omega Ratio Rank: 9999
Omega Ratio Rank
DHEAX Calmar Ratio Rank: 9999
Calmar Ratio Rank
DHEAX Martin Ratio Rank: 9999
Martin Ratio Rank
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.

HOSBX vs. DHEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Short Term Bond Fund (HOSBX) and Diamond Hill Short Duration Securitized Bond Fund (DHEAX). 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.


HOSBXDHEAXDifference

Sharpe ratio

Return per unit of total volatility

1.47

4.13

-2.66

Sortino ratio

Return per unit of downside risk

2.21

6.62

-4.41

Omega ratio

Gain probability vs. loss probability

1.33

2.22

-0.89

Calmar ratio

Return relative to maximum drawdown

2.58

10.12

-7.54

Martin ratio

Return relative to average drawdown

9.87

38.95

-29.08

HOSBX vs. DHEAX - Sharpe Ratio Comparison

The current HOSBX Sharpe Ratio is 1.47, which is lower than the DHEAX Sharpe Ratio of 4.13. The chart below compares the historical Sharpe Ratios of HOSBX and DHEAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HOSBXDHEAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

4.13

-2.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

2.77

-2.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.85

Sharpe Ratio (All Time)

Calculated using the full available price history

1.56

1.73

-0.17

Correlation

The correlation between HOSBX and DHEAX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

HOSBX vs. DHEAX - Dividend Comparison

HOSBX's dividend yield for the trailing twelve months is around 3.52%, less than DHEAX's 5.72% yield.


TTM20252024202320222021202020192018201720162015
HOSBX
Homestead Funds Short Term Bond Fund
3.52%3.86%3.50%2.85%1.74%1.37%3.57%2.66%1.83%1.65%1.55%1.40%
DHEAX
Diamond Hill Short Duration Securitized Bond Fund
5.72%5.27%5.94%5.25%3.41%2.31%2.92%3.76%3.45%3.20%0.00%0.00%

Drawdowns

HOSBX vs. DHEAX - Drawdown Comparison

The maximum HOSBX drawdown since its inception was -8.84%, smaller than the maximum DHEAX drawdown of -12.34%. Use the drawdown chart below to compare losses from any high point for HOSBX and DHEAX.


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Drawdown Indicators


HOSBXDHEAXDifference

Max Drawdown

Largest peak-to-trough decline

-8.84%

-12.34%

+3.50%

Max Drawdown (1Y)

Largest decline over 1 year

-1.59%

-0.50%

-1.09%

Max Drawdown (5Y)

Largest decline over 5 years

-8.84%

-5.06%

-3.78%

Max Drawdown (10Y)

Largest decline over 10 years

-8.84%

Current Drawdown

Current decline from peak

-1.20%

-0.29%

-0.91%

Average Drawdown

Average peak-to-trough decline

-0.65%

-0.82%

+0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.42%

0.13%

+0.29%

Volatility

HOSBX vs. DHEAX - Volatility Comparison

Homestead Funds Short Term Bond Fund (HOSBX) has a higher volatility of 0.93% compared to Diamond Hill Short Duration Securitized Bond Fund (DHEAX) at 0.42%. This indicates that HOSBX's price experiences larger fluctuations and is considered to be riskier than DHEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HOSBXDHEAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.93%

0.42%

+0.51%

Volatility (6M)

Calculated over the trailing 6-month period

1.66%

0.79%

+0.87%

Volatility (1Y)

Calculated over the trailing 1-year period

2.67%

1.19%

+1.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.96%

1.51%

+1.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.40%

2.29%

+0.11%