HFSI vs QQQ
Hartford Strategic Income ETF vs Invesco QQQ Trust, Series 1
Which is better, HFSI or QQQ?
Diversified Sectoral Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ 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 | HFSI | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $1.2B | $506.1B |
| Dividend Yield | 5.47% | 0.42% |
| Holdings | 2,432 | 321 |
| YTD Return | -5.30% | +19.30%Best |
| 1Y Return | -5.11% | +22.47%Best |
| 3Y Return (annualized) | +6.44% | +26.18%Best |
| 5Y Return (annualized) | +1.31% | +15.42%Best |
| Volatility (annualized) | 6.8%Best | 20.7% |
| Max Drawdown | -19.3%Best | -35.1% |
| $10,000 over 5 years | $10,672 | $20,484Best |
| Fund Family | Hartford Funds | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Growth |
| Inception | Sep 21, 2021 | Mar 10, 1999 |
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 QQQ 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 QQQ Performance
Hartford Strategic Income ETF (HFSI) is an ETF from Hartford Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HFSI returned -5.11% while QQQ returned +22.47%. Year to date, HFSI is down 5.30% versus a gain of 19.30% for QQQ.
Over three years, HFSI compounded at +6.44% per year against +26.18% for QQQ; over five years the annualized figures are +1.31% and +15.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 6.8% for HFSI. 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 -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HFSI charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, HFSI currently yields 5.47% against 0.42% for QQQ.
Holdings Overlap
At least 3.4% of QQQ's money is in holdings HFSI also owns.
Stated as a floor: for HFSI, our book for it covers 54.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and HFSI share little of their money.
2 positions in common, counted across the 303 positions we hold weights for in HFSI and 101 in QQQ, against full books of 2,432 and 321.
You are not choosing between two funds in isolation.
Whichever of HFSI and QQQ 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 QQQ?
HFSI has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, HFSI or QQQ?
Over the past year HFSI returned -5.11% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFSI or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 6.8% for HFSI. Worst drawdown: HFSI -19.3% vs QQQ -35.1%.
Should I hold both HFSI and QQQ?
HFSI and QQQ have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HFSI and QQQ?
At least 3.4% of QQQ's money is in holdings HFSI also owns. Our book for HFSI is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 303 positions we hold weights for in HFSI and 101 in QQQ.
Which pays a higher dividend, HFSI or QQQ?
HFSI yields 5.47% while QQQ yields 0.42%, so HFSI currently pays the higher dividend yield.
Is QQQ better than HFSI?
QQQ has a lower expense ratio. QQQ 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.