HSRT vs. HSDAX

Last updated Apr 1, 2026

Compare and contrast key facts about Hartford AAA CLO ETF (HSRT) and Hartford Short Duration Fund (HSDAX).

HSRT is a passively managed fund by Hartford that tracks the performance of the JP Morgan CLOIE AAA Index. It was launched on May 30, 2018. HSDAX is managed by Hartford. It was launched on Oct 31, 2002.

Performance

HSRT vs. HSDAX - Performance Comparison

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

HSRT vs. HSDAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	7.52%	-4.40%	0.58%	3.77%	6.95%	0.40%
HSDAX Hartford Short Duration Fund	-0.50%	6.10%	5.03%	6.14%	-5.04%	-0.05%	3.80%	6.08%	0.30%

Returns By Period

HSRT

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

HSDAX

• 1D: 0.10%
• 1M: -1.22%
• YTD: -0.50%
• 6M: 0.57%
• 1Y: 4.05%
• 3Y*: 4.98%
• 5Y*: 2.27%
• 10Y*: 2.53%

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

HSRT vs. HSDAX - Expense Ratio Comparison

HSRT has a 0.24% expense ratio, which is lower than HSDAX's 0.79% expense ratio.

HSDAX

Hartford Short Duration Fund

HSRT

Hartford AAA CLO ETF

Return for Risk

HSRT vs. HSDAX — Risk / Return Rank

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

HSDAX

HSDAX Risk / Return Rank: 96
HSDAX Sharpe Ratio Rank: 95
HSDAX Sortino Ratio Rank: 98
HSDAX Omega Ratio Rank: 96
HSDAX Calmar Ratio Rank: 96
HSDAX Martin Ratio Rank: 96

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. HSDAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford AAA CLO ETF (HSRT) and Hartford Short Duration Fund (HSDAX). 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	HSDAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.13	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.28	—

Correlation

The correlation between HSRT and HSDAX is 0.38, 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

HSRT vs. HSDAX - Dividend Comparison

HSRT has not paid dividends to shareholders, while HSDAX's dividend yield for the trailing twelve months is around 4.00%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%	0.00%	0.00%	0.00%
HSDAX Hartford Short Duration Fund	4.00%	4.26%	3.43%	2.71%	2.03%	1.36%	2.08%	2.60%	2.55%	2.27%	1.74%	1.67%

Drawdowns

Drawdown Indicators

	HSRT	HSDAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-10.19%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-10.19%	—
Current Drawdown Current decline from peak	—	-1.22%	—
Average Drawdown Average peak-to-trough decline	—	-0.68%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.30%	—

Volatility

Volatility by Period

	HSRT	HSDAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.15%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	2.25%	—