BNDC vs HCRB
Northern Trust Core Bond ETF vs Hartford Core Bond ETF
Which is better, BNDC or HCRB?
Nearly the same fund. HCRB costs less.
HCRB has a lower expense ratio. BNDC led over 1Y, 3Y and 5Y, HCRB over 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 | BNDC | HCRB |
|---|---|---|
| Expense Ratio | 0.38% | 0.29%Best |
| AUM | $165M | $437M |
| Dividend Yield | 4.33% | 4.22% |
| Holdings | 16 | 1,642 |
| YTD Return | -2.88%Best | -5.38% |
| 1Y Return | -2.81%Best | -5.81% |
| 3Y Return (annualized) | +4.23%Best | +3.63% |
| 5Y Return (annualized) | -0.95%Best | -1.26% |
| Volatility (annualized) | 6.0%Best | 6.3% |
| Max Drawdown | -20.1% | -19.9%Best |
| $10,000 over 5 years | $9,534Best | $9,386 |
| Fund Family | Northern Trust Asset Management | Hartford Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 18, 2016 | Feb 19, 2020 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Feb 20, 2020 to Oct 14, 2026 (6.6 years).
BNDC 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 6.6 years both funds cover.
BNDC vs HCRB Performance
Northern Trust Core Bond ETF (BNDC) is an ETF from Northern Trust Asset Management and Hartford Core Bond ETF (HCRB) is an ETF from Hartford Funds. Over the past year BNDC returned -2.81% while HCRB returned -5.81%. Year to date, BNDC is down 2.88% versus a loss of 5.38% for HCRB.
Over three years, BNDC compounded at +4.23% per year against +3.63% for HCRB; over five years the annualized figures are -0.95% and -1.26% respectively. Across the full 7-year window we track, HCRB has the edge at -0.21% annualized vs -0.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HCRB has been the more volatile fund, with annualized monthly volatility of 6.3% compared with 6.0% for BNDC. 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 -20.1% for BNDC and -19.9% 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
BNDC charges 0.38% per year while HCRB charges 0.29%. On a $10,000 position that is $38 vs $29 annually, a gap of $9 per year that compounds over a long holding period. On income, BNDC currently yields 4.33% against 4.22% for HCRB.
Holdings Overlap
We hold position weights for 7 holdings in BNDC and 493 in HCRB, totalling 99.2% and 65.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in BNDC and 493 in HCRB, against full books of 16 and 1,642.
You are not choosing between two funds in isolation.
Whichever of BNDC 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, BNDC or HCRB?
BNDC has an expense ratio of 0.38% while HCRB charges 0.29%. HCRB is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, BNDC or HCRB?
Over the past year BNDC returned -2.81% vs -5.81% for HCRB, so BNDC leads on 1-year performance. Over the longest common window we track (7 years), BNDC annualized -0.42% vs -0.21% for HCRB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BNDC or HCRB?
HCRB has been the more volatile fund at 6.3% annualized versus 6.0% for BNDC. Worst drawdown: BNDC -20.1% vs HCRB -19.9%.
Should I hold both BNDC and HCRB?
BNDC 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.
Which pays a higher dividend, BNDC or HCRB?
BNDC yields 4.33% while HCRB yields 4.22%, so BNDC currently pays the higher dividend yield.
Is HCRB better than BNDC?
HCRB has a lower expense ratio. BNDC led over 1Y, 3Y and 5Y, HCRB over 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.