HRLYX vs. HBLYX

Last updated Aug 4, 2026

HRLYX (Hartford Real Asset Fund) and HBLYX (The Hartford Balanced Income Fund) are both mutual funds - HRLYX is a Global Allocation fund managed by Hartford, while HBLYX is a Diversified Portfolio fund managed by Hartford. Over the past 10 years, HRLYX returned 7.29%/yr vs 6.62%/yr for HBLYX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. HRLYX charges 0.90%/yr vs 0.64%/yr for HBLYX.

Performance

HRLYX vs. HBLYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Real Asset Fund (HRLYX) and The Hartford Balanced Income Fund (HBLYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRLYX achieves a 14.42% return, which is significantly higher than HBLYX's 3.83% return. Over the past 10 years, HRLYX has outperformed HBLYX with an annualized return of 7.29%, while HBLYX has yielded a comparatively lower 6.62% annualized return.

HRLYX

• 1D: -0.36%
• 1M: 4.45%
• 6M: 9.32%
• YTD: 14.42%
• 1Y: 23.94%
• 3Y*: 10.61%
• 5Y*: 8.48%
• 10Y*: 7.29%
• ALL TIME*: 3.86%

HBLYX

• 1D: -0.07%
• 1M: 0.00%
• 6M: 1.84%
• YTD: 3.83%
• 1Y: 9.22%
• 3Y*: 8.90%
• 5Y*: 4.76%
• 10Y*: 6.62%
• ALL TIME*: 7.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HBLYX The Hartford Balanced Income Fund	$0.00	$0.00	$0.00
HRLYX Hartford Real Asset Fund	$0.00	$0.00	$0.00

HRLYX vs. HBLYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRLYX Hartford Real Asset Fund	14.42%	21.89%	-5.41%	7.44%	0.72%	21.58%	-1.13%	12.34%	-10.11%	9.57%
HBLYX The Hartford Balanced Income Fund	3.83%	10.03%	9.00%	7.95%	-8.18%	10.01%	7.73%	19.36%	-4.82%	11.78%

Correlation

The correlation between HRLYX and HBLYX is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.60
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (10Y) Provides a long-term view across more market conditions.	0.67
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010	0.71

Over the past year, the correlation between HRLYX and HBLYX has dropped to 0.45 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

HRLYX vs. HBLYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HRLYX

HRLYX Risk / Return Rank: 97
HRLYX Sharpe Ratio Rank: 99
HRLYX Sortino Ratio Rank: 98
HRLYX Omega Ratio Rank: 97
HRLYX Calmar Ratio Rank: 95
HRLYX Martin Ratio Rank: 96

HBLYX

HBLYX Risk / Return Rank: 50
HBLYX Sharpe Ratio Rank: 58
HBLYX Sortino Ratio Rank: 59
HBLYX Omega Ratio Rank: 58
HBLYX Calmar Ratio Rank: 36
HBLYX Martin Ratio Rank: 38

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HRLYX vs. HBLYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Real Asset Fund (HRLYX) and The Hartford Balanced Income Fund (HBLYX). 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.

	HRLYX	HBLYX	Difference
Sharpe ratio: Return per unit of total volatility	3.38	1.56	+1.82
Sortino ratio: Return per unit of downside risk	4.79	2.25	+2.55
Omega ratio: Gain probability vs. loss probability	1.65	1.29	+0.37
Calmar ratio: Return relative to maximum drawdown	4.43	1.66	+2.78
Martin ratio: Return relative to average drawdown	17.16	6.02	+11.14

HRLYX vs. HBLYX - Sharpe Ratio Comparison

The current HRLYX Sharpe Ratio is 3.38, which is higher than the HBLYX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of HRLYX and HBLYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HRLYX vs. HBLYX - Drawdown Comparison

The maximum HRLYX drawdown since its inception was -45.58%, which is greater than HBLYX's maximum drawdown of -31.36%. Use the drawdown chart below to compare losses from any high point for HRLYX and HBLYX.

Drawdown Indicators

	HRLYX	HBLYX	Difference
Max Drawdown Largest peak-to-trough decline	-45.58%	-31.36%	-14.22%
Max Drawdown (1Y) Largest decline over 1 year	-5.42%	-5.59%	+0.17%
Max Drawdown (3Y) Largest decline over 3 years	-11.17%	-7.10%	-4.07%
Max Drawdown (5Y) Largest decline over 5 years	-16.86%	-15.92%	-0.94%
Max Drawdown (10Y) Largest decline over 10 years	-36.82%	-23.19%	-13.63%
Current Drawdown Current decline from peak	-0.36%	-0.46%	+0.10%
Average Drawdown Average peak-to-trough decline	-14.26%	-3.08%	-11.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	1.54%	-0.14%

Volatility

HRLYX vs. HBLYX - Volatility Comparison

Hartford Real Asset Fund (HRLYX) has a higher volatility of 2.33% compared to The Hartford Balanced Income Fund (HBLYX) at 1.69%. This indicates that HRLYX's price experiences larger fluctuations and is considered to be riskier than HBLYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRLYX	HBLYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.33%	1.69%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	5.75%	4.62%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	7.14%	5.94%	+1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.77%	7.98%	+2.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.60%	8.38%	+4.22%

HRLYX vs. HBLYX - Expense Ratio Comparison

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

Dividends

HRLYX vs. HBLYX - Dividend Comparison

HRLYX's dividend yield for the trailing twelve months is around 3.45%, less than HBLYX's 6.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HBLYX The Hartford Balanced Income Fund	6.74%	6.97%	9.70%	3.44%	6.90%	7.00%	2.83%	3.49%	7.25%	5.58%	3.89%	4.54%
HRLYX Hartford Real Asset Fund	3.45%	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 HBLYX in my portfolio?

HRLYX and HBLYX have a correlation of 0.45, 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 HBLYX?

HRLYX has higher volatility (2.33%) compared to HBLYX (1.69%). In terms of maximum drawdown, HRLYX dropped -45.58% vs HBLYX's -31.36%.

Which has better risk-adjusted returns?

HRLYX currently has the higher Sharpe Ratio (3.38 vs 1.56), 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.