HTAB vs. IBTM

Last updated Apr 1, 2026

Compare and contrast key facts about Hartford Schroders Tax-Aware Bond ETF (HTAB) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM).

HTAB and IBTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HTAB is an actively managed fund by Hartford. It was launched on Apr 18, 2018. IBTM is a passively managed fund by iShares that tracks the performance of the ICE 2032 Maturity US Treasury Index. It was launched on Jul 6, 2022.

Performance

HTAB vs. IBTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Schroders Tax-Aware Bond ETF (HTAB) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM). The values are adjusted to include any dividend payments, if applicable.

HTAB vs. IBTM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HTAB Hartford Schroders Tax-Aware Bond ETF	0.14%	2.86%	1.52%	7.16%	-0.95%
IBTM iShares iBonds Dec 2032 Term Treasury ETF	-0.01%	8.06%	-0.14%	3.48%	-4.63%

Returns By Period

In the year-to-date period, HTAB achieves a 0.14% return, which is significantly higher than IBTM's -0.01% return.

HTAB

• 1D: 0.43%
• 1M: -2.17%
• YTD: 0.14%
• 6M: 1.22%
• 1Y: 3.09%
• 3Y*: 2.63%
• 5Y*: 0.63%
• 10Y*: —

IBTM

• 1D: 0.24%
• 1M: -1.91%
• YTD: -0.01%
• 6M: 1.01%
• 1Y: 4.15%
• 3Y*: 2.45%
• 5Y*: —
• 10Y*: —

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

HTAB vs. IBTM - Expense Ratio Comparison

HTAB has a 0.39% expense ratio, which is higher than IBTM's 0.07% expense ratio.

HTAB

Hartford Schroders Tax-Aware Bond ETF

IBTM

iShares iBonds Dec 2032 Term Treasury ETF

Return for Risk

HTAB vs. IBTM — Risk / Return Rank

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

HTAB

HTAB Risk / Return Rank: 29
HTAB Sharpe Ratio Rank: 30
HTAB Sortino Ratio Rank: 27
HTAB Omega Ratio Rank: 30
HTAB Calmar Ratio Rank: 34
HTAB Martin Ratio Rank: 27

IBTM

IBTM Risk / Return Rank: 47
IBTM Sharpe Ratio Rank: 46
IBTM Sortino Ratio Rank: 45
IBTM Omega Ratio Rank: 37
IBTM Calmar Ratio Rank: 60
IBTM Martin Ratio Rank: 45

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. IBTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Tax-Aware Bond ETF (HTAB) and iShares iBonds Dec 2032 Term Treasury ETF (IBTM). 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.

	HTAB	IBTM	Difference
Sharpe ratio Return per unit of total volatility	0.55	0.88	-0.33
Sortino ratio Return per unit of downside risk	0.76	1.29	-0.53
Omega ratio Gain probability vs. loss probability	1.12	1.15	-0.04
Calmar ratio Return relative to maximum drawdown	0.86	1.57	-0.71
Martin ratio Return relative to average drawdown	2.14	4.42	-2.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HTAB vs. IBTM - Sharpe Ratio Comparison

The current HTAB Sharpe Ratio is 0.55, which is lower than the IBTM Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of HTAB and IBTM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HTAB	IBTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	0.88	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.22	+0.19

Correlation

The correlation between HTAB and IBTM is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HTAB vs. IBTM - Dividend Comparison

HTAB's dividend yield for the trailing twelve months is around 3.94%, which matches IBTM's 3.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HTAB Hartford Schroders Tax-Aware Bond ETF	3.94%	3.88%	3.57%	3.21%	2.26%	2.18%	1.64%	2.77%	1.61%
IBTM iShares iBonds Dec 2032 Term Treasury ETF	3.91%	3.87%	3.96%	3.39%	1.38%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HTAB vs. IBTM - Drawdown Comparison

The maximum HTAB drawdown since its inception was -14.76%, which is greater than IBTM's maximum drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for HTAB and IBTM.

Drawdown Indicators

	HTAB	IBTM	Difference
Max Drawdown Largest peak-to-trough decline	-14.76%	-13.60%	-1.16%
Max Drawdown (1Y) Largest decline over 1 year	-4.51%	-2.85%	-1.66%
Max Drawdown (5Y) Largest decline over 5 years	-14.76%	—	—
Current Drawdown Current decline from peak	-2.17%	-1.91%	-0.26%
Average Drawdown Average peak-to-trough decline	-2.93%	-4.95%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.80%	1.01%	+0.79%

Volatility

HTAB vs. IBTM - Volatility Comparison

Hartford Schroders Tax-Aware Bond ETF (HTAB) has a higher volatility of 1.74% compared to iShares iBonds Dec 2032 Term Treasury ETF (IBTM) at 1.54%. This indicates that HTAB's price experiences larger fluctuations and is considered to be riskier than IBTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HTAB	IBTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	1.54%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	2.54%	2.72%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	5.70%	4.77%	+0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.70%	7.69%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.19%	7.69%	-2.50%