TRPA vs. HSRT

Last updated Jun 3, 2026

TRPA (Hartford AAA CLO ETF) and HSRT (Hartford AAA CLO ETF) are both CLO funds from Hartford. TRPA is actively managed, while HSRT is passively managed. Both charge a 0.24% expense ratio.

Performance

TRPA vs. HSRT - Performance Comparison

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

Returns By Period

TRPA

• 1D: -0.04%
• 1M: 0.50%
• YTD: 1.92%
• 6M: 2.41%
• 1Y: 5.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HSRT

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

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

TRPA vs. HSRT - Yearly Performance Comparison

	2026 (YTD)	2025
TRPA Hartford AAA CLO ETF	1.92%	4.84%
HSRT Hartford AAA CLO ETF	0.00%	0.00%

Return for Risk

TRPA vs. HSRT — Risk / Return Rank

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

TRPA

TRPA Risk / Return Rank: 83
TRPA Sharpe Ratio Rank: 67
TRPA Sortino Ratio Rank: 80
TRPA Omega Ratio Rank: 75
TRPA Calmar Ratio Rank: 96
TRPA Martin Ratio Rank: 96

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.

TRPA vs. HSRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford AAA CLO ETF (TRPA) 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.

	TRPA	HSRT	Difference
Sharpe ratio Return per unit of total volatility	2.27	—	—
Sortino ratio Return per unit of downside risk	3.68	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	8.84	—	—
Martin ratio Return relative to average drawdown	35.98	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TRPA	HSRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.56	—	—

Drawdowns

Drawdown Indicators

	TRPA	HSRT	Difference
Max Drawdown Largest peak-to-trough decline	-0.61%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.61%	—	—
Current Drawdown Current decline from peak	-0.04%	—	—
Average Drawdown Average peak-to-trough decline	-0.10%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.15%	—	—

Volatility

Volatility by Period

	TRPA	HSRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.34%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	—	—

TRPA vs. HSRT - Expense Ratio Comparison

Both TRPA and HSRT have an expense ratio of 0.24%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

TRPA vs. HSRT - Dividend Comparison

TRPA's dividend yield for the trailing twelve months is around 5.19%, while HSRT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%
TRPA Hartford AAA CLO ETF	5.19%	4.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TRPA or HSRT?

Both ETFs have the same 0.24% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRPA or HSRT?

TRPA and HSRT have the same expense ratio: 0.24% per year.

Which ETF pays a higher dividend yield, TRPA or HSRT?

TRPA has the higher dividend yield at 5.19%, compared with 0.00% for HSRT.