HSNIX vs. HFSI
HSNIX (The Hartford Strategic Income Fund) and HFSI (Hartford Strategic Income ETF) are both Multisector Bonds funds from Hartford. Over the past 3 years, HSNIX returned 7.02%/yr vs 8.18%/yr for HFSI. Their correlation of 0.82 suggests significant overlap in exposure. HSNIX charges 0.64%/yr vs 0.49%/yr for HFSI.
Performance
HSNIX vs. HFSI - Performance Comparison
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Returns By Period
In the year-to-date period, HSNIX achieves a 1.20% return, which is significantly lower than HFSI's 1.47% return.
HSNIX
- 1D
- 0.13%
- 1M
- 1.04%
- YTD
- 1.20%
- 6M
- 1.33%
- 1Y
- 7.42%
- 3Y*
- 7.02%
- 5Y*
- 2.09%
- 10Y*
- 4.48%
HFSI
- 1D
- -0.32%
- 1M
- 0.84%
- YTD
- 1.47%
- 6M
- 1.57%
- 1Y
- 7.69%
- 3Y*
- 8.18%
- 5Y*
- —
- 10Y*
- —
HSNIX vs. HFSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HSNIX The Hartford Strategic Income Fund | 1.20% | 8.00% | 6.81% | 9.40% | -12.77% | -1.45% |
HFSI Hartford Strategic Income ETF | 1.47% | 9.56% | 7.91% | 9.91% | -12.60% | -1.24% |
Correlation
The correlation between HSNIX and HFSI is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021 | 0.82 |
The correlation between HSNIX and HFSI has been stable across timeframes, ranging from 0.80 to 0.85 - a consistent structural relationship.
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Return for Risk
HSNIX vs. HFSI — Risk / Return Rank
HSNIX
HFSI
HSNIX vs. HFSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Strategic Income Fund (HSNIX) and Hartford Strategic Income ETF (HFSI). 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.
| HSNIX | HFSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.41 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.52 | -0.26 |
| Martin ratioReturn relative to average drawdown | 9.39 | 10.09 | -0.70 |
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Drawdowns
HSNIX vs. HFSI - Drawdown Comparison
The maximum HSNIX drawdown since its inception was -23.39%, which is greater than HFSI's maximum drawdown of -19.34%. Use the drawdown chart below to compare losses from any high point for HSNIX and HFSI.
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Drawdown Indicators
| HSNIX | HFSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.39% | -19.34% | -4.05% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -3.06% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -5.13% | -5.11% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -19.44% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -19.44% | — | — |
Current DrawdownCurrent decline from peak | -0.25% | -0.35% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -3.12% | -5.66% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 0.76% | +0.05% |
Volatility
HSNIX vs. HFSI - Volatility Comparison
The Hartford Strategic Income Fund (HSNIX) and Hartford Strategic Income ETF (HFSI) have volatilities of 1.06% and 1.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSNIX | HFSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.04% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 2.64% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.40% | 3.58% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 4.96% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.59% | 4.96% | -0.37% |
HSNIX vs. HFSI - Expense Ratio Comparison
HSNIX has a 0.64% expense ratio, which is higher than HFSI's 0.49% expense ratio.
Dividends
HSNIX vs. HFSI - Dividend Comparison
HSNIX's dividend yield for the trailing twelve months is around 6.21%, more than HFSI's 5.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFSI Hartford Strategic Income ETF | 5.54% | 5.67% | 6.51% | 5.77% | 4.87% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HSNIX The Hartford Strategic Income Fund | 6.21% | 5.29% | 5.31% | 5.87% | 4.73% | 4.40% | 4.09% | 4.32% | 6.82% | 6.21% | 5.00% | 4.65% |
Frequently Asked Questions
HSNIX and HFSI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSNIX has higher volatility (1.06%) compared to HFSI (1.04%). In terms of maximum drawdown, HSNIX dropped -23.39% vs HFSI's -19.34%.
HSNIX currently has the higher Sharpe Ratio (2.24 vs 2.16), 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.
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