HCRB vs RIGS
Hartford Core Bond ETF vs ALPS Strategic Income Fund
Which is better, HCRB or RIGS?
RIGS has been ahead.
HCRB has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window.
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 | RIGS |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.46% |
| AUM | $437M | $56M |
| Dividend Yield | 4.22% | 5.02% |
| Holdings | 1,642 | 84 |
| YTD Return | -5.38% | -0.64%Best |
| 1Y Return | -5.81% | -0.44%Best |
| 3Y Return (annualized) | +3.63% | +5.06%Best |
| 5Y Return (annualized) | -1.26% | +1.67%Best |
| Volatility (annualized) | 6.3% | 5.9%Best |
| Max Drawdown | -19.9% | -15.5%Best |
| $10,000 over 5 years | $9,386 | $10,863Best |
| Fund Family | Hartford Funds | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Feb 19, 2020 | Oct 7, 2013 |
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).
HCRB vs RIGS 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.
HCRB vs RIGS Performance
Hartford Core Bond ETF (HCRB) is an ETF from Hartford Funds and ALPS Strategic Income Fund (RIGS) is an ETF from ALPS Advisors. Over the past year HCRB returned -5.81% while RIGS returned -0.44%. Year to date, HCRB is down 5.38% versus a loss of 0.64% for RIGS.
Over three years, HCRB compounded at +3.63% per year against +5.06% for RIGS; over five years the annualized figures are -1.26% and +1.67% respectively. Across the full 7-year window we track, RIGS has the edge at +1.53% annualized vs -0.21%.
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 5.9% for RIGS. 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 -19.9% for HCRB and -15.5% for RIGS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HCRB charges 0.29% per year while RIGS charges 0.46%. On a $10,000 position that is $29 vs $46 annually, a gap of $17 per year that compounds over a long holding period. On income, HCRB currently yields 4.22% against 5.02% for RIGS.
Holdings Overlap
We hold position weights for 493 holdings in HCRB and 58 in RIGS, totalling 65.2% and 72.5% 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, 3 positions appear in both.
3 positions in common, counted across the 493 positions we hold weights for in HCRB and 58 in RIGS, against full books of 1,642 and 84.
Top Shared Holdings
| Stock | Weight in HCRB | Weight in RIGS | Difference |
|---|---|---|---|
| T 4.375 05/15/34United States Treasury Note/Bondus Treasury N/B | 1.62% | 4.73% | 3.11% |
| T 4.5 02/15/44U.S. Treasury Bonds | 0.29% | 4.72% | 4.43% |
| PENSKE 6.05 08/01/28Penske Truck Leasing/Ptl Regd 144A P/P 6.05000000 | 0.02% | 0.97% | 0.95% |
You are not choosing between two funds in isolation.
Whichever of HCRB and RIGS 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 RIGS?
HCRB has an expense ratio of 0.29% while RIGS charges 0.46%. HCRB is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, HCRB or RIGS?
Over the past year HCRB returned -5.81% vs -0.44% for RIGS, so RIGS leads on 1-year performance. Over the longest common window we track (7 years), HCRB annualized -0.21% vs +1.53% for RIGS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HCRB or RIGS?
HCRB has been the more volatile fund at 6.3% annualized versus 5.9% for RIGS. Worst drawdown: HCRB -19.9% vs RIGS -15.5%.
Should I hold both HCRB and RIGS?
HCRB and RIGS have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HCRB or RIGS?
HCRB yields 4.22% while RIGS yields 5.02%, so RIGS currently pays the higher dividend yield.
Is RIGS better than HCRB?
HCRB has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.