HTRB vs. GTO
Compare and contrast key facts about Hartford Total Return Bond ETF (HTRB) and Invesco Total Return Bond ETF (GTO).
HTRB and GTO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HTRB is an actively managed fund by The Hartford. It was launched on Sep 27, 2017. GTO is an actively managed fund by Invesco. It was launched on Feb 10, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTRB or GTO.
Correlation
The correlation between HTRB and GTO is 0.77, 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.
Performance
HTRB vs. GTO - Performance Comparison
Key characteristics
HTRB:
0.64
GTO:
0.72
HTRB:
0.92
GTO:
1.05
HTRB:
1.11
GTO:
1.12
HTRB:
0.29
GTO:
0.27
HTRB:
1.88
GTO:
2.34
HTRB:
1.86%
GTO:
1.55%
HTRB:
5.46%
GTO:
5.04%
HTRB:
-19.48%
GTO:
-20.61%
HTRB:
-7.01%
GTO:
-8.67%
Returns By Period
In the year-to-date period, HTRB achieves a 2.64% return, which is significantly lower than GTO's 2.79% return.
HTRB
2.64%
0.18%
1.23%
3.22%
0.35%
N/A
GTO
2.79%
-0.06%
1.53%
3.51%
0.53%
N/A
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HTRB vs. GTO - Expense Ratio Comparison
HTRB has a 0.29% expense ratio, which is lower than GTO's 0.50% expense ratio.
Risk-Adjusted Performance
HTRB vs. GTO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Total Return Bond ETF (HTRB) and Invesco Total Return Bond ETF (GTO). 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.
Dividends
HTRB vs. GTO - Dividend Comparison
HTRB's dividend yield for the trailing twelve months is around 4.32%, more than GTO's 4.03% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
Hartford Total Return Bond ETF | 4.32% | 3.86% | 3.07% | 4.22% | 4.79% | 6.30% | 2.38% | 0.67% | 0.00% |
Invesco Total Return Bond ETF | 4.03% | 4.05% | 3.47% | 1.93% | 4.04% | 2.97% | 5.25% | 2.81% | 2.84% |
Drawdowns
HTRB vs. GTO - Drawdown Comparison
The maximum HTRB drawdown since its inception was -19.48%, smaller than the maximum GTO drawdown of -20.61%. Use the drawdown chart below to compare losses from any high point for HTRB and GTO. For additional features, visit the drawdowns tool.
Volatility
HTRB vs. GTO - Volatility Comparison
The current volatility for Hartford Total Return Bond ETF (HTRB) is 1.31%, while Invesco Total Return Bond ETF (GTO) has a volatility of 1.41%. This indicates that HTRB experiences smaller price fluctuations and is considered to be less risky than GTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.