HTRB vs. OBND
Compare and contrast key facts about Hartford Total Return Bond ETF (HTRB) and SPDR Loomis Sayles Opportunistic Bond ETF (OBND).
HTRB and OBND 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. OBND is an actively managed fund by SPDR. It was launched on Sep 27, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTRB or OBND.
Correlation
The correlation between HTRB and OBND is 0.76, 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. OBND - Performance Comparison
Key characteristics
HTRB:
0.64
OBND:
1.56
HTRB:
0.92
OBND:
2.23
HTRB:
1.11
OBND:
1.28
HTRB:
0.29
OBND:
1.17
HTRB:
1.88
OBND:
7.72
HTRB:
1.86%
OBND:
0.73%
HTRB:
5.46%
OBND:
3.61%
HTRB:
-19.48%
OBND:
-15.85%
HTRB:
-7.01%
OBND:
-1.41%
Returns By Period
In the year-to-date period, HTRB achieves a 2.64% return, which is significantly lower than OBND's 4.83% return.
HTRB
2.64%
0.18%
1.23%
3.22%
0.35%
N/A
OBND
4.83%
0.03%
3.27%
5.45%
N/A
N/A
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HTRB vs. OBND - Expense Ratio Comparison
HTRB has a 0.29% expense ratio, which is lower than OBND's 0.55% expense ratio.
Risk-Adjusted Performance
HTRB vs. OBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Total Return Bond ETF (HTRB) and SPDR Loomis Sayles Opportunistic Bond ETF (OBND). 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. OBND - Dividend Comparison
HTRB's dividend yield for the trailing twelve months is around 4.32%, less than OBND's 6.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
HTRB Hartford Total Return Bond ETF | 4.32% | 3.86% | 3.07% | 4.22% | 4.79% | 6.30% | 2.38% | 0.67% |
OBND SPDR Loomis Sayles Opportunistic Bond ETF | 6.04% | 6.01% | 4.57% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HTRB vs. OBND - Drawdown Comparison
The maximum HTRB drawdown since its inception was -19.48%, which is greater than OBND's maximum drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for HTRB and OBND. For additional features, visit the drawdowns tool.
Volatility
HTRB vs. OBND - Volatility Comparison
Hartford Total Return Bond ETF (HTRB) has a higher volatility of 1.31% compared to SPDR Loomis Sayles Opportunistic Bond ETF (OBND) at 1.14%. This indicates that HTRB's price experiences larger fluctuations and is considered to be riskier than OBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.