NSTLX vs. HSNIX
NSTLX (Neuberger Berman Strategic Income Fund) and HSNIX (The Hartford Strategic Income Fund) are both Multisector Bonds funds. Over the past 10 years, NSTLX returned 4.05%/yr vs 4.48%/yr for HSNIX. A 0.72 correlation means they provide meaningful diversification when combined. NSTLX charges 0.59%/yr vs 0.64%/yr for HSNIX.
Performance
NSTLX vs. HSNIX - Performance Comparison
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Returns By Period
In the year-to-date period, NSTLX achieves a 0.56% return, which is significantly lower than HSNIX's 1.20% return. Over the past 10 years, NSTLX has underperformed HSNIX with an annualized return of 4.05%, while HSNIX has yielded a comparatively higher 4.48% annualized return.
NSTLX
- 1D
- 0.10%
- 1M
- 0.86%
- YTD
- 0.56%
- 6M
- 1.22%
- 1Y
- 6.08%
- 3Y*
- 7.22%
- 5Y*
- 2.75%
- 10Y*
- 4.05%
HSNIX
- 1D
- 0.13%
- 1M
- 1.04%
- YTD
- 1.20%
- 6M
- 1.33%
- 1Y
- 7.42%
- 3Y*
- 7.02%
- 5Y*
- 2.09%
- 10Y*
- 4.48%
NSTLX vs. HSNIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NSTLX Neuberger Berman Strategic Income Fund | 0.56% | 9.44% | 6.02% | 10.07% | -11.81% | 2.94% | 7.78% | 10.55% | -2.34% | 7.00% |
HSNIX The Hartford Strategic Income Fund | 1.20% | 8.00% | 6.81% | 9.40% | -12.77% | 0.17% | 12.54% | 11.94% | -1.57% | 8.92% |
Correlation
The correlation between NSTLX and HSNIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since May 31, 2007 | 0.72 |
The correlation between NSTLX and HSNIX shifts across timeframes, from 0.72 (all time) to 0.83 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
NSTLX vs. HSNIX — Risk / Return Rank
NSTLX
HSNIX
NSTLX vs. HSNIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman Strategic Income Fund (NSTLX) and The Hartford Strategic Income Fund (HSNIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NSTLX | HSNIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.45 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.27 | -0.38 |
| Martin ratioReturn relative to average drawdown | 6.65 | 9.39 | -2.74 |
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Drawdowns
NSTLX vs. HSNIX - Drawdown Comparison
The maximum NSTLX drawdown since its inception was -19.00%, smaller than the maximum HSNIX drawdown of -23.39%. Use the drawdown chart below to compare losses from any high point for NSTLX and HSNIX.
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Drawdown Indicators
| NSTLX | HSNIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.00% | -23.39% | +4.39% |
Max Drawdown (1Y)Largest decline over 1 year | -3.30% | -3.35% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -4.85% | -5.13% | +0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -16.65% | -19.44% | +2.79% |
Max Drawdown (10Y)Largest decline over 10 years | -19.00% | -19.44% | +0.44% |
Current DrawdownCurrent decline from peak | -1.06% | -0.25% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -2.70% | -3.12% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.81% | +0.12% |
Volatility
NSTLX vs. HSNIX - Volatility Comparison
Neuberger Berman Strategic Income Fund (NSTLX) has a higher volatility of 1.26% compared to The Hartford Strategic Income Fund (HSNIX) at 1.06%. This indicates that NSTLX's price experiences larger fluctuations and is considered to be riskier than HSNIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NSTLX | HSNIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 1.06% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.97% | 2.70% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.66% | 3.40% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.08% | 4.73% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.99% | 4.59% | +0.40% |
NSTLX vs. HSNIX - Expense Ratio Comparison
NSTLX has a 0.59% expense ratio, which is lower than HSNIX's 0.64% expense ratio.
Dividends
NSTLX vs. HSNIX - Dividend Comparison
NSTLX's dividend yield for the trailing twelve months is around 5.55%, less than HSNIX's 6.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSNIX The Hartford Strategic Income Fund | 6.21% | 5.29% | 5.31% | 5.87% | 4.73% | 4.40% | 4.09% | 4.32% | 6.82% | 6.21% | 5.00% | 4.65% |
NSTLX Neuberger Berman Strategic Income Fund | 5.55% | 5.46% | 5.31% | 5.38% | 3.92% | 6.29% | 3.81% | 4.02% | 4.33% | 3.64% | 3.54% | 4.09% |
Frequently Asked Questions
NSTLX and HSNIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NSTLX has higher volatility (1.26%) compared to HSNIX (1.06%). In terms of maximum drawdown, NSTLX dropped -19.00% vs HSNIX's -23.39%.
HSNIX currently has the higher Sharpe Ratio (2.24 vs 1.70), 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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