HSNIX vs. RCTIX
Compare and contrast key facts about The Hartford Strategic Income Fund (HSNIX) and River Canyon Total Return Bond Fund (RCTIX).
HSNIX is managed by Hartford Mutual Funds. It was launched on May 30, 2007. RCTIX is managed by River Canyon. It was launched on Dec 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSNIX or RCTIX.
Correlation
The correlation between HSNIX and RCTIX is 0.39, 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.
Performance
HSNIX vs. RCTIX - Performance Comparison
Key characteristics
HSNIX:
2.37
RCTIX:
3.98
HSNIX:
3.45
RCTIX:
6.32
HSNIX:
1.46
RCTIX:
1.87
HSNIX:
1.32
RCTIX:
8.33
HSNIX:
10.66
RCTIX:
23.30
HSNIX:
0.86%
RCTIX:
0.40%
HSNIX:
3.89%
RCTIX:
2.31%
HSNIX:
-23.16%
RCTIX:
-10.89%
HSNIX:
-0.50%
RCTIX:
-0.30%
Returns By Period
The year-to-date returns for both stocks are quite close, with HSNIX having a 2.24% return and RCTIX slightly lower at 2.15%. Over the past 10 years, HSNIX has underperformed RCTIX with an annualized return of 4.09%, while RCTIX has yielded a comparatively higher 4.94% annualized return.
HSNIX
2.24%
0.95%
2.22%
8.80%
2.64%
4.09%
RCTIX
2.15%
0.90%
2.79%
8.81%
4.40%
4.94%
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HSNIX vs. RCTIX - Expense Ratio Comparison
HSNIX has a 0.64% expense ratio, which is lower than RCTIX's 0.89% expense ratio.
Risk-Adjusted Performance
HSNIX vs. RCTIX — Risk-Adjusted Performance Rank
HSNIX
RCTIX
HSNIX vs. RCTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Strategic Income Fund (HSNIX) and River Canyon Total Return Bond Fund (RCTIX). 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. RCTIX - Dividend Comparison
HSNIX's dividend yield for the trailing twelve months is around 6.48%, less than RCTIX's 7.74% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
HSNIX The Hartford Strategic Income Fund | 6.49% | 6.45% | 6.34% | 4.71% | 3.26% | 3.04% | 4.32% | 6.83% | 6.21% | 5.02% | 4.66% | 4.19% |
RCTIX River Canyon Total Return Bond Fund | 7.75% | 7.90% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 0.00% |
Drawdowns
HSNIX vs. RCTIX - Drawdown Comparison
The maximum HSNIX drawdown since its inception was -23.16%, which is greater than RCTIX's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for HSNIX and RCTIX. For additional features, visit the drawdowns tool.
Volatility
HSNIX vs. RCTIX - Volatility Comparison
The Hartford Strategic Income Fund (HSNIX) has a higher volatility of 0.90% compared to River Canyon Total Return Bond Fund (RCTIX) at 0.64%. This indicates that HSNIX's price experiences larger fluctuations and is considered to be riskier than RCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.