HSRT vs. FXAIX
Compare and contrast key facts about Hartford Short Duration ETF (HSRT) and Fidelity 500 Index Fund (FXAIX).
HSRT is an actively managed fund by The Hartford. It was launched on May 30, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSRT or FXAIX.
Key characteristics
| HSRT | FXAIX | |
|---|---|---|
| YTD Return | 1.88% | 10.55% |
| 1Y Return | 6.67% | 28.81% |
| 3Y Return (Ann) | 1.60% | 9.63% |
| 5Y Return (Ann) | 2.46% | 14.68% |
| Sharpe Ratio | 2.91 | 2.52 |
| Daily Std Dev | 2.26% | 11.57% |
| Max Drawdown | -10.77% | -33.79% |
| Current Drawdown | -0.17% | 0.00% |
Correlation
The correlation between HSRT and FXAIX is 0.21, 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
HSRT vs. FXAIX - Performance Comparison
In the year-to-date period, HSRT achieves a 1.88% return, which is significantly lower than FXAIX's 10.55% 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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HSRT vs. FXAIX - Expense Ratio Comparison
HSRT has a 0.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
HSRT vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Short Duration ETF (HSRT) and Fidelity 500 Index Fund (FXAIX). 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
HSRT vs. FXAIX - Dividend Comparison
HSRT's dividend yield for the trailing twelve months is around 4.51%, more than FXAIX's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSRT Hartford Short Duration ETF | 4.51% | 3.98% | 2.67% | 2.23% | 2.88% | 3.50% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.32% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
HSRT vs. FXAIX - Drawdown Comparison
The maximum HSRT drawdown since its inception was -10.77%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for HSRT and FXAIX. For additional features, visit the drawdowns tool.
Volatility
HSRT vs. FXAIX - Volatility Comparison
The current volatility for Hartford Short Duration ETF (HSRT) is 0.41%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.36%. This indicates that HSRT experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.