RAAA vs. HSRT

Last updated Apr 1, 2026

Compare and contrast key facts about Reckoner Leveraged AAA CLO ETF (RAAA) and Hartford AAA CLO ETF (HSRT).

RAAA and HSRT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAAA is an actively managed fund by Reckoner. It was launched on Jul 9, 2025. HSRT is a passively managed fund by Hartford that tracks the performance of the JP Morgan CLOIE AAA Index. It was launched on May 30, 2018.

Performance

RAAA vs. HSRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Reckoner Leveraged AAA CLO ETF (RAAA) and Hartford AAA CLO ETF (HSRT). The values are adjusted to include any dividend payments, if applicable.

RAAA vs. HSRT - Yearly Performance Comparison

	2026 (YTD)	2025
RAAA Reckoner Leveraged AAA CLO ETF	0.86%	2.46%
HSRT Hartford AAA CLO ETF	0.00%	0.00%

Returns By Period

RAAA

• 1D: 0.00%
• 1M: -0.01%
• YTD: 0.86%
• 6M: 2.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSRT

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RAAA vs. HSRT - Expense Ratio Comparison

RAAA has a 0.30% expense ratio, which is higher than HSRT's 0.24% expense ratio.

RAAA

Reckoner Leveraged AAA CLO ETF

HSRT

Hartford AAA CLO ETF

Return for Risk

RAAA vs. HSRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Reckoner Leveraged AAA CLO ETF (RAAA) and Hartford AAA CLO ETF (HSRT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RAAA	HSRT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.11	—	—

Dividends

RAAA vs. HSRT - Dividend Comparison

RAAA's dividend yield for the trailing twelve months is around 3.55%, while HSRT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
RAAA Reckoner Leveraged AAA CLO ETF	3.55%	2.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%

Drawdowns

Drawdown Indicators

	RAAA	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-0.71%	—	—
Current Drawdown Current decline from peak	-0.11%	—	—
Average Drawdown Average peak-to-trough decline	-0.07%	—	—

Volatility

Volatility by Period

	RAAA	HSRT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.49%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.49%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.49%	—	—