HFSI vs SIFI
Hartford Strategic Income ETF vs Harbor Ares Systematic Multi-Sector Income ETF
Which is better, HFSI or SIFI?
SIFI has been ahead.
HFSI has a lower expense ratio. SIFI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | SIFI |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.50% |
| AUM | $1.2B | $23M |
| Dividend Yield | 5.47% | 8.29% |
| Holdings | 2,432 | 374 |
| YTD Return | -5.30% | -0.24%Best |
| 1Y Return | -5.11% | +1.03%Best |
| 3Y Return (annualized) | +6.44% | +7.09%Best |
| 5Y Return (annualized) | +1.31% | +2.23%Best |
| Volatility (annualized) | 6.8% | 5.7%Best |
| Max Drawdown | -19.3% | -14.5%Best |
| $10,000 over 5 years | $10,672 | $11,166Best |
| Fund Family | Hartford Funds | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Sep 21, 2021 | Sep 14, 2021 |
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 SIFI 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 SIFI Performance
Hartford Strategic Income ETF (HFSI) is an ETF from Hartford Funds and Harbor Ares Systematic Multi-Sector Income ETF (SIFI) is an ETF from Harbor Funds. Over the past year HFSI returned -5.11% while SIFI returned +1.03%. Year to date, HFSI is down 5.30% versus a loss of 0.24% for SIFI.
Over three years, HFSI compounded at +6.44% per year against +7.09% for SIFI; over five years the annualized figures are +1.31% and +2.23% 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 5.7% for SIFI. 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 -14.5% for SIFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 SIFI 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 8.29% for SIFI.
Holdings Overlap
We hold position weights for 303 holdings in HFSI and 143 in SIFI, totalling 54.9% and 73.0% 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, 2 positions appear in both.
2 positions in common, counted across the 303 positions we hold weights for in HFSI and 143 in SIFI, against full books of 2,432 and 374.
Top Shared Holdings
| Stock | Weight in HFSI | Weight in SIFI | Difference |
|---|---|---|---|
| OTEXCN 6.9 12/01/27 | 0.00% | 0.86% | 0.86% |
| EMACN V7.625 12/15/5Eushi Finance Inc Company Guar 12/54 Var | 0.03% | 0.15% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of HFSI and SIFI 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 SIFI?
HFSI has an expense ratio of 0.49% while SIFI charges 0.50%. HFSI is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, HFSI or SIFI?
Over the past year HFSI returned -5.11% vs +1.03% for SIFI, so SIFI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFSI or SIFI?
HFSI has been the more volatile fund at 6.8% annualized versus 5.7% for SIFI. Worst drawdown: HFSI -19.3% vs SIFI -14.5%.
Should I hold both HFSI and SIFI?
HFSI and SIFI have a monthly-return correlation of 0.92, 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 SIFI?
HFSI yields 5.47% while SIFI yields 8.29%, so SIFI currently pays the higher dividend yield.
Is SIFI better than HFSI?
HFSI has a lower expense ratio. SIFI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.