HCRB vs PTRB
Hartford Core Bond ETF vs PGIM Total Return Bond ETF
Which is better, HCRB or PTRB?
Nearly the same fund. HCRB costs less.
HCRB has a lower expense ratio. PTRB led over 1Y, 3Y 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 | HCRB | PTRB |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.49% |
| AUM | $437M | $1.1B |
| Dividend Yield | 4.22% | 5.75% |
| Holdings | 1,642 | 2,659 |
| YTD Return | -5.38% | -2.27%Best |
| 1Y Return | -5.81% | -2.12%Best |
| 3Y Return (annualized) | +3.63% | +5.15%Best |
| 5Y Return (annualized) | -1.26% | - |
| Volatility (annualized) | 7.0%Best | 7.1% |
| Max Drawdown | -18.5%Best | -19.2% |
| $10,000 over 4.8 years | $9,419 | $9,847Best |
| Fund Family | Hartford Funds | PGIM Investments |
| Category | Fixed Income | Fixed Income |
| Inception | Feb 19, 2020 | Dec 2, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 8, 2021 to Oct 14, 2026 (4.8 years).
HCRB vs PTRB 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 4.8 years both funds cover.
HCRB vs PTRB Performance
Hartford Core Bond ETF (HCRB) is an ETF from Hartford Funds and PGIM Total Return Bond ETF (PTRB) is an ETF from PGIM Investments. Over the past year HCRB returned -5.81% while PTRB returned -2.12%. Year to date, HCRB is down 5.38% versus a loss of 2.27% for PTRB.
Over three years, HCRB compounded at +3.63% per year against +5.15% for PTRB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTRB has been the more volatile fund, with annualized monthly volatility of 7.1% compared with 7.0% 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 -18.5% for HCRB and -19.2% for PTRB. 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
HCRB charges 0.29% per year while PTRB charges 0.49%. On a $10,000 position that is $29 vs $49 annually, a gap of $20 per year that compounds over a long holding period. On income, HCRB currently yields 4.22% against 5.75% for PTRB.
Holdings Overlap
We hold position weights for 493 holdings in HCRB and 675 in PTRB, totalling 65.2% and 52.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 39 positions appear in both.
39 positions in common, counted across the 493 positions we hold weights for in HCRB and 675 in PTRB, against full books of 1,642 and 2,659.
Top Shared Holdings
| Stock | Weight in HCRB | Weight in PTRB | Difference |
|---|---|---|---|
| T 4.125 08/15/44United States Treasury Bond 0.04% Aug 15/44 | 0.19% | 3.06% | 2.87% |
| T 4.625 11/15/44Treasury Bond (Otr) 4.63% Nov 15, 2044 | 0.08% | 2.57% | 2.49% |
| T 4.25 11/15/34Us Treas Nts 4.25% 11/15/34 | 1.86% | 0.07% | 1.79% |
| FNCL 5 10/11Fncl 5 10/26 | 1.28% | 0.17% | 1.11% |
| FNCL 3.5 10/11Fnma Tba 10/01/2049 | 1.07% | 0.34% | 0.73% |
| T 2.375 05/15/51Treasury Bond (Otr) 2.38% May 15, 2051 | 0.99% | 0.41% | 0.58% |
| T 1.875 02/15/32Treasury Note (Otr) 1.88% Feb 15, 2032 | 1.03% | 0.33% | 0.70% |
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | -0.79% | 2.12% | 2.91% |
| T 5 05/15/45Us Treas Bds 5% 05/15/45 | 0.37% | 0.68% | 0.31% |
| FNCL 2.5 10/11Fannie Mae Or Freddie Mac 2.5 | 0.52% | 0.14% | 0.38% |
You are not choosing between two funds in isolation.
Whichever of HCRB and PTRB 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, HCRB or PTRB?
HCRB has an expense ratio of 0.29% while PTRB charges 0.49%. HCRB is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, HCRB or PTRB?
Over the past year HCRB returned -5.81% vs -2.12% for PTRB, so PTRB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HCRB or PTRB?
PTRB has been the more volatile fund at 7.1% annualized versus 7.0% for HCRB. Worst drawdown: HCRB -18.5% vs PTRB -19.2%.
Should I hold both HCRB and PTRB?
HCRB and PTRB 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, HCRB or PTRB?
HCRB yields 4.22% while PTRB yields 5.75%, so PTRB currently pays the higher dividend yield.
Is PTRB better than HCRB?
HCRB has a lower expense ratio. PTRB led over 1Y, 3Y 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.