HSNIX vs. BWDTX
Compare and contrast key facts about The Hartford Strategic Income Fund (HSNIX) and Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX).
HSNIX is managed by Hartford Mutual Funds. It was launched on May 30, 2007. BWDTX is managed by Boyd Watterson. It was launched on Jul 28, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSNIX or BWDTX.
Key characteristics
| HSNIX | BWDTX | |
|---|---|---|
| YTD Return | 7.49% | 6.20% |
| 1Y Return | 14.74% | 9.33% |
| 3Y Return (Ann) | 0.48% | 4.27% |
| 5Y Return (Ann) | 2.94% | 3.98% |
| Sharpe Ratio | 3.27 | 5.59 |
| Sortino Ratio | 5.05 | 9.84 |
| Omega Ratio | 1.68 | 2.54 |
| Calmar Ratio | 1.16 | 13.24 |
| Martin Ratio | 19.20 | 49.52 |
| Ulcer Index | 0.77% | 0.19% |
| Daily Std Dev | 4.51% | 1.69% |
| Max Drawdown | -23.16% | -10.06% |
| Current Drawdown | -1.63% | -0.30% |
Correlation
The correlation between HSNIX and BWDTX is 0.58, 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.
Performance
HSNIX vs. BWDTX - Performance Comparison
In the year-to-date period, HSNIX achieves a 7.49% return, which is significantly higher than BWDTX's 6.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HSNIX vs. BWDTX - Expense Ratio Comparison
HSNIX has a 0.64% expense ratio, which is higher than BWDTX's 0.40% expense ratio.
Risk-Adjusted Performance
HSNIX vs. BWDTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Strategic Income Fund (HSNIX) and Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX). 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.
Dividends
HSNIX vs. BWDTX - Dividend Comparison
HSNIX's dividend yield for the trailing twelve months is around 6.45%, more than BWDTX's 5.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSNIX The Hartford Strategic Income Fund | 6.45% | 6.34% | 4.71% | 3.26% | 3.04% | 4.32% | 6.83% | 6.21% | 5.02% | 4.66% | 4.19% | 4.49% |
BWDTX Boyd Watterson Limited Duration Enhanced Income Fund | 5.60% | 5.51% | 3.77% | 2.97% | 3.18% | 3.47% | 4.17% | 2.90% | 1.35% | 0.00% | 0.00% | 0.00% |
Drawdowns
HSNIX vs. BWDTX - Drawdown Comparison
The maximum HSNIX drawdown since its inception was -23.16%, which is greater than BWDTX's maximum drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for HSNIX and BWDTX. For additional features, visit the drawdowns tool.
Volatility
HSNIX vs. BWDTX - Volatility Comparison
The Hartford Strategic Income Fund (HSNIX) has a higher volatility of 1.08% compared to Boyd Watterson Limited Duration Enhanced Income Fund (BWDTX) at 0.48%. This indicates that HSNIX's price experiences larger fluctuations and is considered to be riskier than BWDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.