SMTRX vs. HIABX

Last updated Jun 5, 2026

SMTRX (ALPS/Smith Total Return Bond Fund) and HIABX (Hartford Total Return Bond HLS Fund) are both Intermediate Core-Plus Bond funds. Their correlation of 0.95 suggests significant overlap in exposure. SMTRX charges 0.99%/yr vs 0.50%/yr for HIABX.

Performance

SMTRX vs. HIABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS/Smith Total Return Bond Fund (SMTRX) and Hartford Total Return Bond HLS Fund (HIABX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMTRX

• 1D: -0.21%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HIABX

• 1D: -0.21%
• 1M: 0.10%
• YTD: 0.21%
• 6M: 0.31%
• 1Y: 4.96%
• 3Y*: 4.65%
• 5Y*: 0.36%
• 10Y*: 1.27%

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

SMTRX vs. HIABX - Yearly Performance Comparison

	2026 (YTD)
SMTRX ALPS/Smith Total Return Bond Fund	-0.10%
HIABX Hartford Total Return Bond HLS Fund	-0.10%

Correlation

The correlation between SMTRX and HIABX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.95

Return for Risk

SMTRX vs. HIABX — Risk / Return Rank

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

HIABX

HIABX Risk / Return Rank: 28
HIABX Sharpe Ratio Rank: 28
HIABX Sortino Ratio Rank: 29
HIABX Omega Ratio Rank: 27
HIABX Calmar Ratio Rank: 32
HIABX Martin Ratio Rank: 27

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.

SMTRX vs. HIABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS/Smith Total Return Bond Fund (SMTRX) and Hartford Total Return Bond HLS Fund (HIABX). 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

	SMTRX	HIABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	-2.96	0.03	-2.99

Drawdowns

SMTRX vs. HIABX - Drawdown Comparison

The maximum SMTRX drawdown since its inception was -0.21%, smaller than the maximum HIABX drawdown of -91.15%. Use the drawdown chart below to compare losses from any high point for SMTRX and HIABX.

Drawdown Indicators

	SMTRX	HIABX	Difference
Max Drawdown Largest peak-to-trough decline	-0.21%	-91.15%	+90.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.77%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-21.48%	—
Current Drawdown Current decline from peak	-0.21%	-2.76%	+2.55%
Average Drawdown Average peak-to-trough decline	-0.08%	-24.49%	+24.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.90%	—

Volatility

Volatility by Period

	SMTRX	HIABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.47%	3.90%	-1.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.47%	5.90%	-3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.47%	5.32%	-2.85%

SMTRX vs. HIABX - Expense Ratio Comparison

SMTRX has a 0.99% expense ratio, which is higher than HIABX's 0.50% expense ratio.

Dividends

SMTRX vs. HIABX - Dividend Comparison

SMTRX's dividend yield for the trailing twelve months is around 0.36%, less than HIABX's 5.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HIABX Hartford Total Return Bond HLS Fund	5.57%	5.59%	3.71%	3.42%	4.63%	5.14%	0.23%	3.96%	0.37%	3.00%	0.40%
SMTRX ALPS/Smith Total Return Bond Fund	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMTRX and HIABX in my portfolio?

With a correlation of 0.95, SMTRX and HIABX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.