HRLYX vs. CIBFX

Last updated Jun 4, 2026

HRLYX (Hartford Real Asset Fund) and CIBFX (American Funds Capital Income Builder Fund Class F-1) are both Global Allocation funds. Over the past 10 years, HRLYX returned 7.43%/yr vs 7.90%/yr for CIBFX. A 0.77 correlation means they provide meaningful diversification when combined. HRLYX charges 0.90%/yr vs 0.64%/yr for CIBFX.

Performance

HRLYX vs. CIBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Real Asset Fund (HRLYX) and American Funds Capital Income Builder Fund Class F-1 (CIBFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRLYX achieves a 13.90% return, which is significantly higher than CIBFX's 7.75% return. Over the past 10 years, HRLYX has underperformed CIBFX with an annualized return of 7.43%, while CIBFX has yielded a comparatively higher 7.90% annualized return.

HRLYX

• 1D: 0.46%
• 1M: -0.36%
• YTD: 13.90%
• 6M: 14.93%
• 1Y: 25.00%
• 3Y*: 11.76%
• 5Y*: 8.36%
• 10Y*: 7.43%

CIBFX

• 1D: 0.56%
• 1M: 2.02%
• YTD: 7.75%
• 6M: 8.51%
• 1Y: 18.42%
• 3Y*: 15.15%
• 5Y*: 8.47%
• 10Y*: 7.90%

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

HRLYX vs. CIBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRLYX Hartford Real Asset Fund	13.90%	21.89%	-5.41%	7.44%	0.72%	21.58%	-1.13%	12.34%	-10.11%	9.57%
CIBFX American Funds Capital Income Builder Fund Class F-1	7.75%	20.29%	10.16%	8.90%	-7.21%	14.95%	3.14%	17.16%	-7.10%	13.88%

Correlation

The correlation between HRLYX and CIBFX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.76
Correlation (All Time) Calculated using the full available price history since Jun 2, 2010	0.77

The correlation between HRLYX and CIBFX shifts across timeframes, from 0.58 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HRLYX vs. CIBFX — Risk / Return Rank

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

HRLYX

HRLYX Risk / Return Rank: 97
HRLYX Sharpe Ratio Rank: 97
HRLYX Sortino Ratio Rank: 96
HRLYX Omega Ratio Rank: 94
HRLYX Calmar Ratio Rank: 98
HRLYX Martin Ratio Rank: 98

CIBFX

CIBFX Risk / Return Rank: 60
CIBFX Sharpe Ratio Rank: 63
CIBFX Sortino Ratio Rank: 61
CIBFX Omega Ratio Rank: 61
CIBFX Calmar Ratio Rank: 56
CIBFX 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.

HRLYX vs. CIBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Real Asset Fund (HRLYX) and American Funds Capital Income Builder Fund Class F-1 (CIBFX). 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.

	HRLYX	CIBFX	Difference
Sharpe ratio: Return per unit of total volatility	3.74	2.33	+1.41
Sortino ratio: Return per unit of downside risk	5.33	3.29	+2.04
Omega ratio: Gain probability vs. loss probability	1.74	1.44	+0.30
Calmar ratio: Return relative to maximum drawdown	7.86	2.87	+4.99
Martin ratio: Return relative to average drawdown	35.41	11.41	+24.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HRLYX vs. CIBFX - Sharpe Ratio Comparison

The current HRLYX Sharpe Ratio is 3.74, which is higher than the CIBFX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of HRLYX and CIBFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HRLYX	CIBFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.74	2.33	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.85	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.73	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.66	-0.36

Drawdowns

HRLYX vs. CIBFX - Drawdown Comparison

The maximum HRLYX drawdown since its inception was -45.58%, which is greater than CIBFX's maximum drawdown of -43.26%. Use the drawdown chart below to compare losses from any high point for HRLYX and CIBFX.

Drawdown Indicators

	HRLYX	CIBFX	Difference
Max Drawdown Largest peak-to-trough decline	-45.58%	-43.26%	-2.32%
Max Drawdown (1Y) Largest decline over 1 year	-3.18%	-6.49%	+3.31%
Max Drawdown (3Y) Largest decline over 3 years	-11.17%	-8.89%	-2.28%
Max Drawdown (5Y) Largest decline over 5 years	-16.86%	-17.68%	+0.82%
Max Drawdown (10Y) Largest decline over 10 years	-36.82%	-25.28%	-11.54%
Current Drawdown Current decline from peak	-0.72%	0.00%	-0.72%
Average Drawdown Average peak-to-trough decline	-14.38%	-4.71%	-9.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.70%	1.63%	-0.93%

Volatility

HRLYX vs. CIBFX - Volatility Comparison

The current volatility for Hartford Real Asset Fund (HRLYX) is 1.71%, while American Funds Capital Income Builder Fund Class F-1 (CIBFX) has a volatility of 2.46%. This indicates that HRLYX experiences smaller price fluctuations and is considered to be less risky than CIBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRLYX	CIBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.71%	2.46%	-0.75%
Volatility (6M) Calculated over the trailing 6-month period	5.24%	6.42%	-1.18%
Volatility (1Y) Calculated over the trailing 1-year period	6.73%	8.01%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.82%	9.99%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.73%	10.88%	+1.85%

HRLYX vs. CIBFX - Expense Ratio Comparison

HRLYX has a 0.90% expense ratio, which is higher than CIBFX's 0.64% expense ratio.

Dividends

HRLYX vs. CIBFX - Dividend Comparison

HRLYX's dividend yield for the trailing twelve months is around 3.47%, less than CIBFX's 7.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIBFX American Funds Capital Income Builder Fund Class F-1	7.16%	7.65%	5.69%	3.41%	3.37%	3.08%	3.34%	4.04%	3.72%	4.37%	3.46%	3.56%
HRLYX Hartford Real Asset Fund	3.47%	3.95%	0.00%	4.36%	4.79%	19.52%	3.10%	3.11%	2.49%	3.62%	0.76%	1.33%

Frequently Asked Questions

Can I hold both HRLYX and CIBFX in my portfolio?

HRLYX and CIBFX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRLYX or CIBFX?

CIBFX has higher volatility (2.46%) compared to HRLYX (1.71%). In terms of maximum drawdown, HRLYX dropped -45.58% vs CIBFX's -43.26%.

Which has better risk-adjusted returns?

HRLYX currently has the higher Sharpe Ratio (3.74 vs 2.33), 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.