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HSNIX vs. HHMIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HSNIX vs. HHMIX - Performance Comparison

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

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HSNIX vs. HHMIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HSNIX
The Hartford Strategic Income Fund
-1.37%8.00%6.81%9.40%-12.77%0.17%12.54%11.94%-1.57%8.92%
HHMIX
Hartford Municipal Opportunities Fund
-0.38%5.70%2.14%5.92%-8.97%1.73%4.66%7.89%1.35%5.74%

Returns By Period

In the year-to-date period, HSNIX achieves a -1.37% return, which is significantly lower than HHMIX's -0.38% return. Over the past 10 years, HSNIX has outperformed HHMIX with an annualized return of 4.50%, while HHMIX has yielded a comparatively lower 2.30% annualized return.


HSNIX

1D
0.38%
1M
-2.37%
YTD
-1.37%
6M
-0.06%
1Y
5.71%
3Y*
6.51%
5Y*
1.96%
10Y*
4.50%

HHMIX

1D
0.24%
1M
-2.23%
YTD
-0.38%
6M
0.94%
1Y
3.84%
3Y*
3.60%
5Y*
1.10%
10Y*
2.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HSNIX vs. HHMIX - Expense Ratio Comparison

HSNIX has a 0.64% expense ratio, which is higher than HHMIX's 0.44% expense ratio.


Return for Risk

HSNIX vs. HHMIX — Risk / Return Rank

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

HSNIX
HSNIX Risk / Return Rank: 7474
Overall Rank
HSNIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
HSNIX Sortino Ratio Rank: 7878
Sortino Ratio Rank
HSNIX Omega Ratio Rank: 7777
Omega Ratio Rank
HSNIX Calmar Ratio Rank: 6666
Calmar Ratio Rank
HSNIX Martin Ratio Rank: 6868
Martin Ratio Rank

HHMIX
HHMIX Risk / Return Rank: 5858
Overall Rank
HHMIX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
HHMIX Sortino Ratio Rank: 5252
Sortino Ratio Rank
HHMIX Omega Ratio Rank: 7777
Omega Ratio Rank
HHMIX Calmar Ratio Rank: 5252
Calmar Ratio Rank
HHMIX Martin Ratio Rank: 4949
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. HHMIX - Risk-Adjusted Trends Comparison

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


HSNIXHHMIXDifference

Sharpe ratio

Return per unit of total volatility

1.51

1.13

+0.38

Sortino ratio

Return per unit of downside risk

2.05

1.53

+0.52

Omega ratio

Gain probability vs. loss probability

1.30

1.31

-0.01

Calmar ratio

Return relative to maximum drawdown

1.63

1.40

+0.22

Martin ratio

Return relative to average drawdown

6.78

5.28

+1.49

HSNIX vs. HHMIX - Sharpe Ratio Comparison

The current HSNIX Sharpe Ratio is 1.51, which is higher than the HHMIX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of HSNIX and HHMIX, 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


HSNIXHHMIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.13

+0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

0.33

+0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.98

0.65

+0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

0.94

0.68

+0.26

Correlation

The correlation between HSNIX and HHMIX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

HSNIX vs. HHMIX - Dividend Comparison

HSNIX's dividend yield for the trailing twelve months is around 6.33%, more than HHMIX's 3.40% yield.


TTM20252024202320222021202020192018201720162015
HSNIX
The Hartford Strategic Income Fund
6.33%5.29%5.31%5.87%4.73%4.40%4.09%4.32%6.82%6.21%5.00%4.65%
HHMIX
Hartford Municipal Opportunities Fund
3.40%4.40%2.72%2.41%2.28%1.72%2.17%2.83%2.86%2.98%2.77%3.04%

Drawdowns

HSNIX vs. HHMIX - Drawdown Comparison

The maximum HSNIX drawdown since its inception was -23.39%, smaller than the maximum HHMIX drawdown of -30.49%. Use the drawdown chart below to compare losses from any high point for HSNIX and HHMIX.


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Drawdown Indicators


HSNIXHHMIXDifference

Max Drawdown

Largest peak-to-trough decline

-23.39%

-30.49%

+7.10%

Max Drawdown (1Y)

Largest decline over 1 year

-3.68%

-3.59%

-0.09%

Max Drawdown (5Y)

Largest decline over 5 years

-19.44%

-13.76%

-5.68%

Max Drawdown (10Y)

Largest decline over 10 years

-19.44%

-13.76%

-5.68%

Current Drawdown

Current decline from peak

-2.73%

-2.57%

-0.16%

Average Drawdown

Average peak-to-trough decline

-3.14%

-3.90%

+0.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.88%

0.96%

-0.08%

Volatility

HSNIX vs. HHMIX - Volatility Comparison

The Hartford Strategic Income Fund (HSNIX) has a higher volatility of 1.64% compared to Hartford Municipal Opportunities Fund (HHMIX) at 0.96%. This indicates that HSNIX's price experiences larger fluctuations and is considered to be riskier than HHMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HSNIXHHMIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.64%

0.96%

+0.68%

Volatility (6M)

Calculated over the trailing 6-month period

2.35%

1.61%

+0.74%

Volatility (1Y)

Calculated over the trailing 1-year period

3.97%

3.83%

+0.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.67%

3.29%

+1.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.59%

3.56%

+1.03%