HUBBX vs. NUSIX

Last updated Jun 4, 2026

HUBBX (Hartford Ultrashort Bond HLS Fund) and NUSIX (Navigator Ultra Short Term Bond Fund) are both Ultrashort Bond funds. Over the past 5 years, HUBBX returned 2.84%/yr vs 3.68%/yr for NUSIX. At a 0.19 correlation, their price movements are largely independent. HUBBX charges 0.69%/yr vs 0.71%/yr for NUSIX.

Performance

HUBBX vs. NUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Ultrashort Bond HLS Fund (HUBBX) and Navigator Ultra Short Term Bond Fund (NUSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HUBBX achieves a 0.97% return, which is significantly lower than NUSIX's 1.56% return.

HUBBX

• 1D: 0.00%
• 1M: 0.19%
• YTD: 0.97%
• 6M: 1.26%
• 1Y: 3.53%
• 3Y*: 4.52%
• 5Y*: 2.84%
• 10Y*: 2.02%

NUSIX

• 1D: 0.00%
• 1M: 0.40%
• YTD: 1.56%
• 6M: 1.88%
• 1Y: 4.27%
• 3Y*: 5.04%
• 5Y*: 3.68%
• 10Y*: —

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

HUBBX vs. NUSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HUBBX Hartford Ultrashort Bond HLS Fund	0.97%	4.32%	4.91%	4.98%	-0.50%	-0.46%	1.27%	1.44%
NUSIX Navigator Ultra Short Term Bond Fund	1.56%	4.63%	5.54%	5.64%	1.14%	0.36%	1.49%	1.60%

Correlation

The correlation between HUBBX and NUSIX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since May 7, 2019	0.19

Return for Risk

HUBBX vs. NUSIX — Risk / Return Rank

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

HUBBX

HUBBX Risk / Return Rank: 99
HUBBX Sharpe Ratio Rank: 99
HUBBX Sortino Ratio Rank: 99
HUBBX Omega Ratio Rank: 99
HUBBX Calmar Ratio Rank: 99
HUBBX Martin Ratio Rank: 99

NUSIX

NUSIX Risk / Return Rank: 100
NUSIX Sharpe Ratio Rank: 100
NUSIX Sortino Ratio Rank: 100
NUSIX Omega Ratio Rank: 100
NUSIX Calmar Ratio Rank: 100
NUSIX Martin Ratio Rank: 100

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.

HUBBX vs. NUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Ultrashort Bond HLS Fund (HUBBX) and Navigator Ultra Short Term Bond Fund (NUSIX). 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.

	HUBBX	NUSIX	Difference
Sharpe ratio: Return per unit of total volatility	4.32	6.91	-2.59
Sortino ratio: Return per unit of downside risk	8.11	29.02	-20.90
Omega ratio: Gain probability vs. loss probability	2.81	18.90	-16.09
Calmar ratio: Return relative to maximum drawdown	12.29	43.25	-30.97
Martin ratio: Return relative to average drawdown	60.34	337.91	-277.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HUBBX vs. NUSIX - Sharpe Ratio Comparison

The current HUBBX Sharpe Ratio is 4.32, which is lower than the NUSIX Sharpe Ratio of 6.91. The chart below compares the historical Sharpe Ratios of HUBBX and NUSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HUBBX	NUSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.32	6.91	-2.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.21	4.83	-1.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	2.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	3.74	-1.56

Drawdowns

HUBBX vs. NUSIX - Drawdown Comparison

The maximum HUBBX drawdown since its inception was -2.53%, smaller than the maximum NUSIX drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for HUBBX and NUSIX.

Drawdown Indicators

	HUBBX	NUSIX	Difference
Max Drawdown Largest peak-to-trough decline	-2.53%	-2.69%	+0.16%
Max Drawdown (1Y) Largest decline over 1 year	-0.29%	-0.10%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-0.29%	-0.10%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-1.76%	-0.80%	-0.96%
Max Drawdown (10Y) Largest decline over 10 years	-2.53%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.20%	-0.08%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	0.01%	+0.05%

Volatility

HUBBX vs. NUSIX - Volatility Comparison

Hartford Ultrashort Bond HLS Fund (HUBBX) has a higher volatility of 0.24% compared to Navigator Ultra Short Term Bond Fund (NUSIX) at 0.18%. This indicates that HUBBX's price experiences larger fluctuations and is considered to be riskier than NUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HUBBX	NUSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.24%	0.18%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	0.62%	0.43%	+0.19%
Volatility (1Y) Calculated over the trailing 1-year period	0.82%	0.63%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.89%	0.77%	+0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.80%	0.83%	-0.03%

HUBBX vs. NUSIX - Expense Ratio Comparison

HUBBX has a 0.69% expense ratio, which is lower than NUSIX's 0.71% expense ratio.

Dividends

HUBBX vs. NUSIX - Dividend Comparison

HUBBX's dividend yield for the trailing twelve months is around 4.90%, more than NUSIX's 4.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HUBBX Hartford Ultrashort Bond HLS Fund	4.90%	4.95%	4.14%	1.00%	0.00%	0.54%	2.17%	1.63%	0.86%	0.50%	0.14%
NUSIX Navigator Ultra Short Term Bond Fund	4.16%	4.25%	5.23%	4.92%	1.74%	0.66%	1.08%	1.99%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HUBBX and NUSIX in my portfolio?

HUBBX and NUSIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUBBX or NUSIX?

HUBBX has higher volatility (0.24%) compared to NUSIX (0.18%). In terms of maximum drawdown, HUBBX dropped -2.53% vs NUSIX's -2.69%.

Which has better risk-adjusted returns?

NUSIX currently has the higher Sharpe Ratio (6.91 vs 4.32), 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.