HSRT vs. HFSI

Last updated Jun 4, 2026

HSRT (Hartford AAA CLO ETF) and HFSI (Hartford Strategic Income ETF) are both exchange-traded funds - HSRT is a CLO fund tracking the JP Morgan CLOIE AAA Index, while HFSI is a Multisector Bonds fund actively managed by Hartford. HSRT is passively managed, while HFSI is actively managed. At a 0.40 correlation, their price movements are largely independent. HSRT charges 0.24%/yr vs 0.49%/yr for HFSI.

Performance

HSRT vs. HFSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford AAA CLO ETF (HSRT) and Hartford Strategic Income ETF (HFSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HFSI

• 1D: -0.20%
• 1M: 0.87%
• YTD: 1.38%
• 6M: 1.51%
• 1Y: 8.47%
• 3Y*: 8.37%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HSRT vs. HFSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	7.52%	-4.40%	-0.33%
HFSI Hartford Strategic Income ETF	1.38%	9.56%	7.91%	9.91%	-12.60%	-1.57%

Correlation

The correlation between HSRT and HFSI is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.40

The correlation between HSRT and HFSI shifts across timeframes, from 0.22 (3 years) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HSRT vs. HFSI — Risk / Return Rank

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

HFSI

HFSI Risk / Return Rank: 68
HFSI Sharpe Ratio Rank: 71
HFSI Sortino Ratio Rank: 78
HFSI Omega Ratio Rank: 76
HFSI Calmar Ratio Rank: 55
HFSI Martin Ratio Rank: 61

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.

HSRT vs. HFSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford AAA CLO ETF (HSRT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HSRT	HFSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.55	—

Drawdowns

Drawdown Indicators

	HSRT	HFSI	Difference
Max Drawdown Largest peak-to-trough decline	—	-19.34%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.06%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.11%	—
Current Drawdown Current decline from peak	—	-0.20%	—
Average Drawdown Average peak-to-trough decline	—	-5.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.76%	—

Volatility

Volatility by Period

	HSRT	HFSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	3.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.97%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.97%	—

HSRT vs. HFSI - Expense Ratio Comparison

HSRT has a 0.24% expense ratio, which is lower than HFSI's 0.49% expense ratio.

Dividends

HSRT vs. HFSI - Dividend Comparison

HSRT has not paid dividends to shareholders, while HFSI's dividend yield for the trailing twelve months is around 5.54%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HFSI Hartford Strategic Income ETF	5.54%	5.67%	6.51%	5.77%	4.87%	0.71%	0.00%	0.00%	0.00%
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%

Frequently Asked Questions

Can I hold both HSRT and HFSI in my portfolio?

HSRT and HFSI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HSRT or HFSI?

On fees, HSRT is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HSRT or HFSI?

HSRT is cheaper with a 0.24% expense ratio, compared with 0.49% for HFSI.

Which ETF pays a higher dividend yield, HSRT or HFSI?

HFSI has the higher dividend yield at 5.54%, compared with 0.00% for HSRT.

What is the main difference between HSRT and HFSI?

HSRT is categorized as CLO, while HFSI is Multisector Bonds. Their fees differ too: 0.24% for HSRT and 0.49% for HFSI.