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HOSBX vs. HSCSX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HOSBX vs. HSCSX - Performance Comparison

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

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Returns By Period

In the year-to-date period, HOSBX achieves a 0.13% return, which is significantly lower than HSCSX's 10.75% return. Over the past 10 years, HOSBX has underperformed HSCSX with an annualized return of 2.02%, while HSCSX has yielded a comparatively higher 6.94% annualized return.


HOSBX

1D
0.20%
1M
0.32%
YTD
0.13%
6M
0.64%
1Y
3.43%
3Y*
4.38%
5Y*
1.55%
10Y*
2.02%

HSCSX

1D
2.04%
1M
3.72%
YTD
10.75%
6M
8.35%
1Y
22.20%
3Y*
9.74%
5Y*
4.14%
10Y*
6.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HOSBX vs. HSCSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HOSBX
Homestead Funds Short Term Bond Fund
0.13%5.87%3.78%5.08%-5.71%-1.11%5.38%3.89%1.45%1.66%
HSCSX
Homestead Small Company Stock Fund
10.75%0.54%8.52%17.21%-16.97%20.38%22.25%22.41%-27.09%12.03%

Correlation

The correlation between HOSBX and HSCSX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.20

Correlation (3Y)
Calculated over the trailing 3-year period

0.13

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (10Y)
Calculated over the trailing 10-year period

-0.01

Correlation (All Time)
Calculated using the full available price history since Mar 4, 1998

-0.07

The correlation between HOSBX and HSCSX shifts across timeframes, from -0.07 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

HOSBX vs. HSCSX — Risk / Return Rank

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

HOSBX
HOSBX Risk / Return Rank: 3434
Overall Rank
HOSBX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
HOSBX Sortino Ratio Rank: 3131
Sortino Ratio Rank
HOSBX Omega Ratio Rank: 4242
Omega Ratio Rank
HOSBX Calmar Ratio Rank: 3636
Calmar Ratio Rank
HOSBX Martin Ratio Rank: 3636
Martin Ratio Rank

HSCSX
HSCSX Risk / Return Rank: 2424
Overall Rank
HSCSX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
HSCSX Sortino Ratio Rank: 2121
Sortino Ratio Rank
HSCSX Omega Ratio Rank: 1717
Omega Ratio Rank
HSCSX Calmar Ratio Rank: 3232
Calmar Ratio Rank
HSCSX Martin Ratio Rank: 3131
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. HSCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Short Term Bond Fund (HOSBX) and Homestead Small Company Stock Fund (HSCSX). 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.


HOSBXHSCSXDifference
Sharpe ratioReturn per unit of total volatility

+0.26

Sortino ratioReturn per unit of downside risk

+0.36

Omega ratioGain probability vs. loss probability

1.32

1.20

+0.12

Calmar ratioReturn relative to maximum drawdown

2.16

2.03

+0.13

Martin ratioReturn relative to average drawdown

7.50

6.62

+0.88

HOSBX vs. HSCSX - Sharpe Ratio Comparison

The current HOSBX Sharpe Ratio is 1.42, which is comparable to the HSCSX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of HOSBX and HSCSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HOSBX vs. HSCSX - Drawdown Comparison

The maximum HOSBX drawdown since its inception was -8.84%, smaller than the maximum HSCSX drawdown of -55.79%. Use the drawdown chart below to compare losses from any high point for HOSBX and HSCSX.


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Drawdown Indicators


HOSBXHSCSXDifference

Max Drawdown

Largest peak-to-trough decline

-8.84%

-55.79%

+46.95%

Max Drawdown (1Y)

Largest decline over 1 year

-1.59%

-10.95%

+9.36%

Max Drawdown (3Y)

Largest decline over 3 years

-1.59%

-29.42%

+27.83%

Max Drawdown (5Y)

Largest decline over 5 years

-8.84%

-29.42%

+20.58%

Max Drawdown (10Y)

Largest decline over 10 years

-8.84%

-44.64%

+35.80%

Current Drawdown

Current decline from peak

-0.67%

-0.00%

-0.67%

Average Drawdown

Average peak-to-trough decline

-0.65%

-9.29%

+8.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.46%

3.35%

-2.89%

Volatility

HOSBX vs. HSCSX - Volatility Comparison

The current volatility for Homestead Funds Short Term Bond Fund (HOSBX) is 0.91%, while Homestead Small Company Stock Fund (HSCSX) has a volatility of 6.10%. This indicates that HOSBX experiences smaller price fluctuations and is considered to be less risky than HSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HOSBXHSCSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.91%

6.10%

-5.19%

Volatility (6M)

Calculated over the trailing 6-month period

1.84%

13.82%

-11.98%

Volatility (1Y)

Calculated over the trailing 1-year period

2.42%

19.19%

-16.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.01%

21.88%

-18.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.42%

22.45%

-20.03%

HOSBX vs. HSCSX - Expense Ratio Comparison

HOSBX has a 0.79% expense ratio, which is lower than HSCSX's 1.06% expense ratio.


Dividends

HOSBX vs. HSCSX - Dividend Comparison

HOSBX's dividend yield for the trailing twelve months is around 3.81%, less than HSCSX's 9.82% yield.


PositionTTM20252024202320222021202020192018201720162015
HOSBX
Homestead Funds Short Term Bond Fund
3.81%3.86%3.50%2.85%1.74%1.37%3.57%2.66%1.83%1.65%1.55%1.40%
HSCSX
Homestead Small Company Stock Fund
9.82%10.88%5.42%3.87%5.12%18.41%12.67%18.73%26.80%4.45%2.43%5.07%

Frequently Asked Questions


HOSBX and HSCSX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HSCSX has higher volatility (6.10%) compared to HOSBX (0.91%). In terms of maximum drawdown, HOSBX dropped -8.84% vs HSCSX's -55.79%.

HOSBX currently has the higher Sharpe Ratio (1.42 vs 1.16), 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.

Portfolio Optimizer

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