HFSI vs NFLT
Hartford Strategic Income ETF vs Virtus Newfleet Multi-Sector Bond ETF
Which is better, HFSI or NFLT?
Nearly the same fund. HFSI costs less.
HFSI has a lower expense ratio. NFLT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | HFSI | NFLT |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.50% |
| AUM | $1.2B | $514M |
| Dividend Yield | 5.47% | 5.54% |
| Holdings | 2,432 | 1,105 |
| YTD Return | -5.30% | -0.07%Best |
| 1Y Return | -5.11% | +1.29%Best |
| 3Y Return (annualized) | +6.44% | +7.24%Best |
| 5Y Return (annualized) | +1.31% | +2.69%Best |
| Volatility (annualized) | 6.8% | 5.3%Best |
| Max Drawdown | -19.3% | -13.4%Best |
| $10,000 over 5 years | $10,672 | $11,419Best |
| Fund Family | Hartford Funds | Virtus Investment Partners |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Sep 21, 2021 | Aug 10, 2015 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2021 to Oct 14, 2026 (5.1 years).
HFSI vs NFLT 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 5.1 years both funds cover.
HFSI vs NFLT Performance
Hartford Strategic Income ETF (HFSI) is an ETF from Hartford Funds and Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an ETF from Virtus Investment Partners. Over the past year HFSI returned -5.11% while NFLT returned +1.29%. Year to date, HFSI is down 5.30% versus a loss of 0.07% for NFLT.
Over three years, HFSI compounded at +6.44% per year against +7.24% for NFLT; over five years the annualized figures are +1.31% and +2.69% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HFSI has been the more volatile fund, with annualized monthly volatility of 6.8% compared with 5.3% for NFLT. 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 -19.3% for HFSI and -13.4% for NFLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HFSI charges 0.49% per year while NFLT charges 0.50%. On a $10,000 position that is $49 vs $50 annually, a gap of $1 per year that compounds over a long holding period. On income, HFSI currently yields 5.47% against 5.54% for NFLT.
Holdings Overlap
We hold position weights for 303 holdings in HFSI and 13 in NFLT, totalling 54.9% and 1.3% 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, 1 positions appear in both.
1 positions in common, counted across the 303 positions we hold weights for in HFSI and 13 in NFLT, against full books of 2,432 and 1,105.
Top Shared Holdings
| Stock | Weight in HFSI | Weight in NFLT | Difference |
|---|---|---|---|
| ARDGRP 8.875 02/15/3Ardonagh Group Finance Ltd 8.875% 2/15/2032 | 0.05% | 0.00% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of HFSI and NFLT 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, HFSI or NFLT?
HFSI has an expense ratio of 0.49% while NFLT charges 0.50%. HFSI is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, HFSI or NFLT?
Over the past year HFSI returned -5.11% vs +1.29% for NFLT, so NFLT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFSI or NFLT?
HFSI has been the more volatile fund at 6.8% annualized versus 5.3% for NFLT. Worst drawdown: HFSI -19.3% vs NFLT -13.4%.
Should I hold both HFSI and NFLT?
HFSI and NFLT have a monthly-return correlation of 0.97, 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, HFSI or NFLT?
HFSI yields 5.47% while NFLT yields 5.54%, so NFLT currently pays the higher dividend yield.
Is NFLT better than HFSI?
HFSI has a lower expense ratio. NFLT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.