STWTX vs. CRAIX
STWTX (Hartford Schroders Tax-Aware Bond Fund) and CRAIX (CCM Community Impact Bond Fund) are both Intermediate Core Bond funds. Over the past 10 years, STWTX returned 1.55%/yr vs 0.90%/yr for CRAIX. Their 0.62 correlation means they have sometimes moved together and sometimes differently. STWTX charges 0.49%/yr vs 0.88%/yr for CRAIX.
Performance
STWTX vs. CRAIX - Performance Comparison
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Returns By Period
In the year-to-date period, STWTX achieves a -0.25% return, which is significantly lower than CRAIX's -0.12% return. Over the past 10 years, STWTX has outperformed CRAIX with an annualized return of 1.55%, while CRAIX has yielded a comparatively lower 0.90% annualized return.
STWTX
- 1D
- -0.11%
- 1M
- -1.41%
- 6M
- -0.59%
- YTD
- -0.25%
- 1Y
- 5.05%
- 3Y*
- 2.01%
- 5Y*
- -0.06%
- 10Y*
- 1.55%
- ALL TIME*
- 2.79%
CRAIX
- 1D
- 0.11%
- 1M
- -0.52%
- 6M
- -0.37%
- YTD
- -0.12%
- 1Y
- 2.32%
- 3Y*
- 3.68%
- 5Y*
- -0.03%
- 10Y*
- 0.90%
- ALL TIME*
- 2.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
STWTX vs. CRAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STWTX Hartford Schroders Tax-Aware Bond Fund | -0.25% | 1.67% | 1.33% | 6.86% | -8.46% | 0.01% | 6.01% | 7.59% | 0.34% | 4.13% |
CRAIX CCM Community Impact Bond Fund | -0.12% | 6.40% | 1.97% | 3.98% | -10.19% | -1.72% | 3.99% | 5.44% | 0.10% | 2.81% |
Correlation
The correlation between STWTX and CRAIX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2011 | 0.62 |
The correlation between STWTX and CRAIX has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.
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Return for Risk
STWTX vs. CRAIX — Risk / Return Rank
STWTX
CRAIX
STWTX vs. CRAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Tax-Aware Bond Fund (STWTX) and CCM Community Impact Bond Fund (CRAIX). 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.
| STWTX | CRAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.18 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.41 | +0.37 |
| Martin ratioReturn relative to average drawdown | 4.97 | 3.55 | +1.42 |
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Drawdowns
STWTX vs. CRAIX - Drawdown Comparison
The maximum STWTX drawdown since its inception was -14.44%, roughly equal to the maximum CRAIX drawdown of -14.53%. Use the drawdown chart below to compare losses from any high point for STWTX and CRAIX.
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Drawdown Indicators
| STWTX | CRAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.44% | -14.53% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.34% | -2.15% | -1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -8.27% | -4.02% | -4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -14.44% | -14.28% | -0.16% |
Max Drawdown (10Y)Largest decline over 10 years | -14.44% | -14.53% | +0.09% |
Current DrawdownCurrent decline from peak | -2.46% | -1.64% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -2.59% | -2.45% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 0.85% | +0.34% |
Volatility
STWTX vs. CRAIX - Volatility Comparison
Hartford Schroders Tax-Aware Bond Fund (STWTX) and CCM Community Impact Bond Fund (CRAIX) have volatilities of 0.85% and 0.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| STWTX | CRAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.84% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 2.36% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.20% | 2.98% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.97% | 4.62% | +0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.94% | 3.65% | +0.29% |
STWTX vs. CRAIX - Expense Ratio Comparison
STWTX has a 0.49% expense ratio, which is lower than CRAIX's 0.88% expense ratio.
Dividends
STWTX vs. CRAIX - Dividend Comparison
STWTX's dividend yield for the trailing twelve months is around 3.12%, more than CRAIX's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRAIX CCM Community Impact Bond Fund | 2.86% | 3.01% | 2.92% | 2.48% | 1.61% | 1.18% | 1.77% | 2.32% | 2.30% | 2.78% | 2.28% | 2.12% |
STWTX Hartford Schroders Tax-Aware Bond Fund | 3.12% | 2.90% | 3.20% | 3.01% | 2.20% | 2.61% | 2.90% | 4.34% | 3.47% | 2.03% | 2.85% | 2.91% |
Frequently Asked Questions
STWTX and CRAIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STWTX has higher volatility (0.85%) compared to CRAIX (0.84%). In terms of maximum drawdown, STWTX dropped -14.44% vs CRAIX's -14.53%.
STWTX currently has the higher Sharpe Ratio (1.86 vs 1.02), 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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