HSRT vs. SCYB

Last updated Apr 1, 2026

Compare and contrast key facts about Hartford AAA CLO ETF (HSRT) and Schwab High Yield Bond ETF (SCYB).

HSRT and SCYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCYB is a passively managed fund by Charles Schwab that tracks the performance of the ICE BofA US Cash Pay High Yield Constrained Index. It was launched on Jul 10, 2023. Both HSRT and SCYB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

HSRT vs. SCYB - Performance Comparison

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

HSRT vs. SCYB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	4.75%
SCYB Schwab High Yield Bond ETF	-0.47%	8.33%	8.15%	6.74%

Returns By Period

HSRT

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

SCYB

• 1D: 0.89%
• 1M: -1.23%
• YTD: -0.47%
• 6M: 0.62%
• 1Y: 6.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HSRT vs. SCYB - Expense Ratio Comparison

HSRT has a 0.24% expense ratio, which is higher than SCYB's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

HSRT

Hartford AAA CLO ETF

SCYB

Schwab High Yield Bond ETF

Return for Risk

HSRT vs. SCYB — Risk / Return Rank

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

SCYB

SCYB Risk / Return Rank: 74
SCYB Sharpe Ratio Rank: 70
SCYB Sortino Ratio Rank: 72
SCYB Omega Ratio Rank: 77
SCYB Calmar Ratio Rank: 67
SCYB Martin Ratio Rank: 81

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. SCYB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford AAA CLO ETF (HSRT) and Schwab High Yield Bond ETF (SCYB). 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	SCYB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.62	—

Correlation

The correlation between HSRT and SCYB is 0.25, 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. SCYB - Dividend Comparison

HSRT has not paid dividends to shareholders, while SCYB's dividend yield for the trailing twelve months is around 7.01%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%
SCYB Schwab High Yield Bond ETF	7.01%	6.99%	7.06%	3.36%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	HSRT	SCYB	Difference
Max Drawdown Largest peak-to-trough decline	—	-4.92%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.22%	—
Current Drawdown Current decline from peak	—	-1.50%	—
Average Drawdown Average peak-to-trough decline	—	-0.53%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.80%	—

Volatility

Volatility by Period

	HSRT	SCYB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.67%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	5.20%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.20%	—