STWTX vs. RIBIX
STWTX (Hartford Schroders Tax-Aware Bond Fund) and RIBIX (RBC Impact Bond Fund) are both Intermediate Core Bond funds. Over the past 5 years, STWTX returned -0.06%/yr vs -1.57%/yr for RIBIX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. STWTX charges 0.49%/yr vs 0.73%/yr for RIBIX.
Performance
STWTX vs. RIBIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, STWTX achieves a -0.25% return, which is significantly higher than RIBIX's -3.09% 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%
RIBIX
- 1D
- 0.00%
- 1M
- -1.20%
- 6M
- -2.96%
- YTD
- -3.09%
- 1Y
- -1.68%
- 3Y*
- 2.28%
- 5Y*
- -1.57%
- 10Y*
- —
- ALL TIME*
- 0.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
RIBIX RBC Impact Bond Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
STWTX vs. RIBIX - 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% | 0.09% |
RIBIX RBC Impact Bond Fund | -3.09% | 5.95% | 1.11% | 5.50% | -14.47% | -1.86% | 7.98% | 7.53% | -0.60% | 0.00% |
Correlation
The correlation between STWTX and RIBIX 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. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2017 | 0.64 |
The correlation between STWTX and RIBIX has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
STWTX vs. RIBIX — Risk / Return Rank
STWTX
RIBIX
STWTX vs. RIBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Tax-Aware Bond Fund (STWTX) and RBC Impact Bond Fund (RIBIX). 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 | RIBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.98 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | -0.13 | +1.91 |
| Martin ratioReturn relative to average drawdown | 4.97 | -0.34 | +5.31 |
Loading charts...
Drawdowns
STWTX vs. RIBIX - Drawdown Comparison
The maximum STWTX drawdown since its inception was -14.44%, smaller than the maximum RIBIX drawdown of -19.37%. Use the drawdown chart below to compare losses from any high point for STWTX and RIBIX.
Loading charts...
Drawdown Indicators
| STWTX | RIBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.44% | -19.37% | +4.93% |
Max Drawdown (1Y)Largest decline over 1 year | -3.34% | -4.09% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -8.27% | -5.25% | -3.02% |
Max Drawdown (5Y)Largest decline over 5 years | -14.44% | -18.98% | +4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -14.44% | — | — |
Current DrawdownCurrent decline from peak | -2.46% | -8.34% | +5.88% |
Average DrawdownAverage peak-to-trough decline | -2.59% | -6.45% | +3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.19% | 1.59% | -0.40% |
Volatility
STWTX vs. RIBIX - Volatility Comparison
The current volatility for Hartford Schroders Tax-Aware Bond Fund (STWTX) is 0.85%, while RBC Impact Bond Fund (RIBIX) has a volatility of 1.00%. This indicates that STWTX experiences smaller price fluctuations and is considered to be less risky than RIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| STWTX | RIBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 1.00% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 3.05% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.20% | 4.14% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.97% | 5.97% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.94% | 5.16% | -1.22% |
STWTX vs. RIBIX - Expense Ratio Comparison
STWTX has a 0.49% expense ratio, which is lower than RIBIX's 0.73% expense ratio.
Dividends
STWTX vs. RIBIX - Dividend Comparison
STWTX's dividend yield for the trailing twelve months is around 3.12%, less than RIBIX's 3.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIBIX RBC Impact Bond Fund | 3.40% | 4.02% | 3.35% | 2.50% | 2.10% | 1.94% | 3.28% | 3.91% | 2.44% | 0.05% | 0.00% | 0.00% |
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 RIBIX 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.
RIBIX has higher volatility (1.00%) compared to STWTX (0.85%). In terms of maximum drawdown, STWTX dropped -14.44% vs RIBIX's -19.37%.
STWTX currently has the higher Sharpe Ratio (1.86 vs -0.13), 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.
Find the right allocation for STWTX and RIBIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer