AVIG vs HCRB
Avantis Core Fixed Income ETF vs Hartford Core Bond ETF
Which is better, AVIG or HCRB?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. AVIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVIG | HCRB |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.29% |
| AUM | $2.0B | $437M |
| Dividend Yield | 4.54% | 4.22% |
| Holdings | 1,720 | 1,642 |
| YTD Return | -3.03%Best | -5.38% |
| 1Y Return | -2.70%Best | -5.81% |
| 3Y Return (annualized) | +4.63%Best | +3.63% |
| 5Y Return (annualized) | -0.64%Best | -1.26% |
| Volatility (annualized) | 6.6% | 6.4%Best |
| Max Drawdown | -19.7%Tie | -19.7%Tie |
| $10,000 over 5 years | $9,684Best | $9,386 |
| Fund Family | Avantis Investors | Hartford Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Feb 19, 2020 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 15, 2020 to Oct 14, 2026 (6 years).
AVIG vs HCRB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6 years both funds cover.
AVIG vs HCRB Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and Hartford Core Bond ETF (HCRB) is an ETF from Hartford Funds. Over the past year AVIG returned -2.70% while HCRB returned -5.81%. Year to date, AVIG is down 3.03% versus a loss of 5.38% for HCRB.
Over three years, AVIG compounded at +4.63% per year against +3.63% for HCRB; over five years the annualized figures are -0.64% and -1.26% respectively. Across the full 6-year window we track, AVIG has the edge at -0.70% annualized vs -1.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 6.6% compared with 6.4% for HCRB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.7% for AVIG and -19.7% for HCRB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while HCRB charges 0.29%. On a $10,000 position that is $15 vs $29 annually, a gap of $14 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 4.22% for HCRB.
Holdings Overlap
At least 13.5% of AVIG's money is in holdings HCRB also owns.
Stated as a floor: for HCRB, our book for it covers 65.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
AVIG and HCRB share little of their money.
29 positions in common, counted across the 739 positions we hold weights for in AVIG and 493 in HCRB, against full books of 1,720 and 1,642.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in HCRB | Difference |
|---|---|---|---|
| FNCL 6 10/11Fannie Mae Or Freddie Mac 6 | 1.26% | 1.69% | 0.43% |
| FNCL 5 10/11Fncl 5 10/26 | 1.20% | 1.28% | 0.08% |
| G2SF 6 10/11Ginnie Mae 6 | 1.01% | 1.15% | 0.14% |
| FNCL 3.5 10/11Fnma Tba 10/01/2049 | 0.75% | 1.07% | 0.32% |
| T 1.875 02/15/32Treasury Note (Otr) 1.88% Feb 15, 2032 | 0.67% | 1.03% | 0.36% |
| T 1.375 11/15/40U.S. Treasury Bond 1.375%, 11/15/40 | 0.40% | 1.11% | 0.71% |
| FNCL 3 10/11Fannie Mae Or Freddie Mac 3 | 0.63% | 0.58% | 0.05% |
| T 2.75 08/15/32Us Treas Nts 2.75% 08/15/32 | 0.59% | 0.45% | 0.14% |
| T 1.125 08/15/40United States Treasury Note/Bond 1.13 08/15/2040 | 0.34% | 0.63% | 0.29% |
| T 3.75 12/31/30United States Treasury, 3.750% Dec. 31 30 | 0.44% | 0.51% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of AVIG and HCRB you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIG or HCRB?
AVIG has an expense ratio of 0.15% while HCRB charges 0.29%. AVIG is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, AVIG or HCRB?
Over the past year AVIG returned -2.70% vs -5.81% for HCRB, so AVIG leads on 1-year performance. Over the longest common window we track (6 years), AVIG annualized -0.70% vs -1.19% for HCRB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or HCRB?
AVIG has been the more volatile fund at 6.6% annualized versus 6.4% for HCRB. Worst drawdown: AVIG -19.7% vs HCRB -19.7%.
Should I hold both AVIG and HCRB?
AVIG and HCRB have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AVIG and HCRB?
At least 13.5% of AVIG's money is in holdings HCRB also owns. Our book for HCRB is partial, so the real figure is this or higher. They hold 29 positions in common, counted across the 739 positions we hold weights for in AVIG and 493 in HCRB.
Which pays a higher dividend, AVIG or HCRB?
AVIG yields 4.54% while HCRB yields 4.22%, so AVIG currently pays the higher dividend yield.
Is HCRB better than AVIG?
AVIG has a lower expense ratio. AVIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.