HQGO vs. HSRT

Last updated Jun 4, 2026

HQGO (Hartford US Quality Growth ETF) and HSRT (Hartford AAA CLO ETF) are both exchange-traded funds - HQGO is a Large Cap Growth Equities fund tracking the Hartford US Quality Growth Index - Benchmark TR Gross, while HSRT is a CLO fund tracking the JP Morgan CLOIE AAA Index. Both are passively managed. At a 0.06 correlation, their price movements are largely independent. HQGO charges 0.34%/yr vs 0.24%/yr for HSRT.

Performance

HQGO vs. HSRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford US Quality Growth ETF (HQGO) and Hartford AAA CLO ETF (HSRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HQGO

• 1D: -0.57%
• 1M: 5.79%
• YTD: 10.17%
• 6M: 9.44%
• 1Y: 25.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HQGO vs. HSRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HQGO Hartford US Quality Growth ETF	10.17%	15.15%	25.09%	6.12%
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	1.34%

Correlation

The correlation between HQGO and HSRT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.06

Return for Risk

HQGO vs. HSRT — Risk / Return Rank

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

HQGO

HQGO Risk / Return Rank: 56
HQGO Sharpe Ratio Rank: 58
HQGO Sortino Ratio Rank: 57
HQGO Omega Ratio Rank: 56
HQGO Calmar Ratio Rank: 51
HQGO Martin Ratio Rank: 59

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.

HQGO vs. HSRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Quality Growth ETF (HQGO) and Hartford AAA CLO ETF (HSRT). 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.

	HQGO	HSRT	Difference
Sharpe ratio Return per unit of total volatility	1.95	—	—
Sortino ratio Return per unit of downside risk	2.69	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.51	—	—
Martin ratio Return relative to average drawdown	10.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HQGO	HSRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	—	—

Drawdowns

Drawdown Indicators

	HQGO	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-20.85%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	—	—
Current Drawdown Current decline from peak	-0.85%	—	—
Average Drawdown Average peak-to-trough decline	-2.52%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	HQGO	HSRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	—	—

HQGO vs. HSRT - Expense Ratio Comparison

HQGO has a 0.34% expense ratio, which is higher than HSRT's 0.24% expense ratio.

Dividends

HQGO vs. HSRT - Dividend Comparison

HQGO's dividend yield for the trailing twelve months is around 0.46%, while HSRT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HQGO Hartford US Quality Growth ETF	0.46%	0.51%	0.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%

Frequently Asked Questions

Can I hold both HQGO and HSRT in my portfolio?

HQGO and HSRT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HQGO or HSRT?

On fees, HSRT is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HQGO or HSRT?

HSRT is cheaper with a 0.24% expense ratio, compared with 0.34% for HQGO.

Which ETF pays a higher dividend yield, HQGO or HSRT?

HQGO has the higher dividend yield at 0.46%, compared with 0.00% for HSRT.

What is the main difference between HQGO and HSRT?

HQGO is categorized as Large Cap Growth Equities, while HSRT is CLO. HQGO tracks Hartford US Quality Growth Index - Benchmark TR Gross, while HSRT tracks JP Morgan CLOIE AAA Index. Their fees differ too: 0.34% for HQGO and 0.24% for HSRT.