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HTAB vs. BBAG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HTAB vs. BBAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Schroders Tax-Aware Bond ETF (HTAB) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HTAB achieves a 1.59% return, which is significantly higher than BBAG's 0.32% return.


HTAB

1D
0.10%
1M
0.57%
YTD
1.59%
6M
1.70%
1Y
6.71%
3Y*
3.35%
5Y*
0.71%
10Y*

BBAG

1D
0.15%
1M
0.18%
YTD
0.32%
6M
0.39%
1Y
4.67%
3Y*
3.92%
5Y*
0.02%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

HTAB vs. BBAG - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
HTAB
Hartford Schroders Tax-Aware Bond ETF
1.59%2.86%1.52%7.16%-8.33%-0.12%5.41%7.86%0.77%
BBAG
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
0.32%7.27%1.26%5.41%-13.26%-1.79%7.31%8.31%1.00%

Correlation

The correlation between HTAB and BBAG is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.70

Correlation (All Time)
Calculated using the full available price history since Dec 17, 2018

0.61

The correlation between HTAB and BBAG shifts across timeframes, from 0.61 (all time) to 0.74 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

HTAB vs. BBAG — Risk / Return Rank

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

HTAB
HTAB Risk / Return Rank: 5050
Overall Rank
HTAB Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
HTAB Sortino Ratio Rank: 5252
Sortino Ratio Rank
HTAB Omega Ratio Rank: 5353
Omega Ratio Rank
HTAB Calmar Ratio Rank: 4949
Calmar Ratio Rank
HTAB Martin Ratio Rank: 4747
Martin Ratio Rank

BBAG
BBAG Risk / Return Rank: 3434
Overall Rank
BBAG Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
BBAG Sortino Ratio Rank: 3535
Sortino Ratio Rank
BBAG Omega Ratio Rank: 3232
Omega Ratio Rank
BBAG Calmar Ratio Rank: 3434
Calmar Ratio Rank
BBAG Martin Ratio Rank: 3434
Martin Ratio Rank
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.

HTAB vs. BBAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Tax-Aware Bond ETF (HTAB) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). 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.


HTABBBAGDifference
Sharpe ratioReturn per unit of total volatility

+0.47

Sortino ratioReturn per unit of downside risk

+0.70

Omega ratioGain probability vs. loss probability

1.32

1.21

+0.11

Calmar ratioReturn relative to maximum drawdown

2.37

1.69

+0.68

Martin ratioReturn relative to average drawdown

7.48

5.04

+2.44

HTAB vs. BBAG - Sharpe Ratio Comparison

The current HTAB Sharpe Ratio is 1.68, which is higher than the BBAG Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of HTAB and BBAG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


HTABBBAGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.68

1.21

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.00

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.32

+0.12

Drawdowns

HTAB vs. BBAG - Drawdown Comparison

The maximum HTAB drawdown since its inception was -14.76%, smaller than the maximum BBAG drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for HTAB and BBAG.


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Drawdown Indicators


HTABBBAGDifference

Max Drawdown

Largest peak-to-trough decline

-14.76%

-18.73%

+3.97%

Max Drawdown (1Y)

Largest decline over 1 year

-2.85%

-2.78%

-0.07%

Max Drawdown (3Y)

Largest decline over 3 years

-8.42%

-6.18%

-2.24%

Max Drawdown (5Y)

Largest decline over 5 years

-14.76%

-18.06%

+3.30%

Current Drawdown

Current decline from peak

-0.76%

-2.70%

+1.94%

Average Drawdown

Average peak-to-trough decline

-2.89%

-6.22%

+3.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.90%

0.93%

-0.03%

Volatility

HTAB vs. BBAG - Volatility Comparison

Hartford Schroders Tax-Aware Bond ETF (HTAB) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) have volatilities of 1.24% and 1.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HTABBBAGDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.24%

1.24%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

2.80%

2.83%

-0.03%

Volatility (1Y)

Calculated over the trailing 1-year period

4.02%

3.92%

+0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.74%

5.92%

-0.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.17%

5.80%

-0.63%

HTAB vs. BBAG - Expense Ratio Comparison

HTAB has a 0.39% expense ratio, which is higher than BBAG's 0.03% expense ratio.


Dividends

HTAB vs. BBAG - Dividend Comparison

HTAB's dividend yield for the trailing twelve months is around 3.83%, less than BBAG's 4.36% yield.


PositionTTM20252024202320222021202020192018
BBAG
JPMorgan BetaBuilders U.S. Aggregate Bond ETF
4.36%4.29%4.25%3.60%2.23%1.44%2.26%2.92%0.16%
HTAB
Hartford Schroders Tax-Aware Bond ETF
3.83%3.88%3.57%3.21%2.26%2.18%1.64%2.77%1.61%

Frequently Asked Questions


HTAB and BBAG have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BBAG has higher volatility (1.24%) compared to HTAB (1.24%). In terms of maximum drawdown, HTAB dropped -14.76% vs BBAG's -18.73%.

On 5-year performance, HTAB leads with 0.71% vs 0.02% for BBAG. On fees, BBAG is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, HTAB has performed better with a 0.71% return vs 0.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBAG is cheaper with a 0.03% expense ratio, compared with 0.39% for HTAB.

BBAG has the higher dividend yield at 4.36%, compared with 3.83% for HTAB.

They also come from different issuers: Hartford and JPMorgan. Their fees differ too: 0.39% for HTAB and 0.03% for BBAG.

HTAB currently has the higher Sharpe Ratio (1.68 vs 1.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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