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HSNIX vs. AXSIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HSNIX vs. AXSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford Strategic Income Fund (HSNIX) and Axonic Strategic Income Fund (AXSIX). The values are adjusted to include any dividend payments, if applicable.

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HSNIX vs. AXSIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
HSNIX
The Hartford Strategic Income Fund
-1.75%8.00%6.81%9.40%-12.77%0.17%12.28%
AXSIX
Axonic Strategic Income Fund
0.69%6.71%8.30%7.54%-6.81%5.91%-0.16%

Returns By Period

In the year-to-date period, HSNIX achieves a -1.75% return, which is significantly lower than AXSIX's 0.69% return.


HSNIX

1D
0.26%
1M
-3.10%
YTD
-1.75%
6M
-0.32%
1Y
5.57%
3Y*
6.37%
5Y*
1.92%
10Y*
4.46%

AXSIX

1D
0.11%
1M
-1.11%
YTD
0.69%
6M
2.20%
1Y
5.38%
3Y*
7.06%
5Y*
3.79%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HSNIX vs. AXSIX - Expense Ratio Comparison

HSNIX has a 0.64% expense ratio, which is lower than AXSIX's 1.00% expense ratio.


Return for Risk

HSNIX vs. AXSIX — Risk / Return Rank

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

HSNIX
HSNIX Risk / Return Rank: 7575
Overall Rank
HSNIX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
HSNIX Sortino Ratio Rank: 7777
Sortino Ratio Rank
HSNIX Omega Ratio Rank: 7676
Omega Ratio Rank
HSNIX Calmar Ratio Rank: 7070
Calmar Ratio Rank
HSNIX Martin Ratio Rank: 7171
Martin Ratio Rank

AXSIX
AXSIX Risk / Return Rank: 9797
Overall Rank
AXSIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
AXSIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
AXSIX Omega Ratio Rank: 9797
Omega Ratio Rank
AXSIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
AXSIX Martin Ratio Rank: 9898
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.

HSNIX vs. AXSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Strategic Income Fund (HSNIX) and Axonic Strategic Income Fund (AXSIX). 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.


HSNIXAXSIXDifference

Sharpe ratio

Return per unit of total volatility

1.41

2.40

-0.99

Sortino ratio

Return per unit of downside risk

1.92

5.06

-3.15

Omega ratio

Gain probability vs. loss probability

1.28

1.64

-0.36

Calmar ratio

Return relative to maximum drawdown

1.59

4.97

-3.38

Martin ratio

Return relative to average drawdown

6.75

18.44

-11.69

HSNIX vs. AXSIX - Sharpe Ratio Comparison

The current HSNIX Sharpe Ratio is 1.41, which is lower than the AXSIX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of HSNIX and AXSIX, 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


HSNIXAXSIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.41

2.40

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

1.78

-1.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.98

Sharpe Ratio (All Time)

Calculated using the full available price history

0.93

0.92

+0.01

Correlation

The correlation between HSNIX and AXSIX is 0.44, 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

HSNIX vs. AXSIX - Dividend Comparison

HSNIX's dividend yield for the trailing twelve months is around 6.35%, more than AXSIX's 6.06% yield.


TTM20252024202320222021202020192018201720162015
HSNIX
The Hartford Strategic Income Fund
6.35%5.29%5.31%5.87%4.73%4.40%4.09%4.32%6.82%6.21%5.00%4.65%
AXSIX
Axonic Strategic Income Fund
6.06%6.39%6.52%6.24%3.89%6.70%2.04%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HSNIX vs. AXSIX - Drawdown Comparison

The maximum HSNIX drawdown since its inception was -23.39%, which is greater than AXSIX's maximum drawdown of -12.55%. Use the drawdown chart below to compare losses from any high point for HSNIX and AXSIX.


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Drawdown Indicators


HSNIXAXSIXDifference

Max Drawdown

Largest peak-to-trough decline

-23.39%

-12.55%

-10.84%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-1.22%

-2.46%

Max Drawdown (5Y)

Largest decline over 5 years

-19.44%

-6.87%

-12.57%

Max Drawdown (10Y)

Largest decline over 10 years

-19.44%

Current Drawdown

Current decline from peak

-3.10%

-1.11%

-1.99%

Average Drawdown

Average peak-to-trough decline

-3.14%

-2.01%

-1.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.87%

0.33%

+0.54%

Volatility

HSNIX vs. AXSIX - Volatility Comparison

The Hartford Strategic Income Fund (HSNIX) has a higher volatility of 1.58% compared to Axonic Strategic Income Fund (AXSIX) at 0.50%. This indicates that HSNIX's price experiences larger fluctuations and is considered to be riskier than AXSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HSNIXAXSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.58%

0.50%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

2.33%

1.57%

+0.76%

Volatility (1Y)

Calculated over the trailing 1-year period

3.97%

2.51%

+1.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.67%

2.15%

+2.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.59%

3.73%

+0.86%