HCRB vs IVV
HCRB vs IVV
Hartford Core Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. HCRB offers more diversification with 613 holdings.
Side-by-Side Comparison
| Metric | HCRB | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $401M | $865.2B | |
| Dividend Yield | 4.03% | 1.09% | |
| Holdings | 852 | 508 | |
| YTD Return | -2.26% | +13.80% | |
| 1Y Return | -0.39% | +23.70% | |
| 3Y Return (annualized) | +3.52% | +21.49% | |
| 5Y Return (annualized) | -0.70% | +13.43% | |
| Volatility (annualized) | 6.2% | 15.1% | |
| Max Drawdown | -19.9% | -56.5% | |
| Fund Family | Hartford Funds | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 19, 2020 | May 15, 2000 |
HCRB vs IVV Performance
Hartford Core Bond ETF (HCRB) is a ETF from Hartford Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HCRB returned -0.39% while IVV returned +23.70%. Year to date, HCRB is down 2.26% versus a gain of 13.80% for IVV.
Over three years, HCRB compounded at +3.52% per year against +21.49% for IVV; over five years the annualized figures are -0.70% and +13.43% respectively. Across the full 7-year window we track, IVV has the edge at +7.05% annualized vs +0.29%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.2% 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 -19.9% for HCRB and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HCRB charges 0.29% per year while IVV charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, HCRB currently yields 4.03% against 1.09% for IVV.
Holdings Overlap
HCRB and IVV share 1 holdings out of 1117 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HCRB | Weight in IVV | Difference |
|---|---|---|---|
| KDP | 0.04% | 0.06% | 0.02% |
Frequently Asked Questions
Which is cheaper, HCRB or IVV?
HCRB has an expense ratio of 0.29% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, HCRB or IVV?
Over the past year HCRB returned -0.39% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), HCRB annualized +0.29% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, HCRB or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.2% for HCRB. Worst drawdown: HCRB -19.9% vs IVV -56.5%.
Should I hold both HCRB and IVV?
HCRB and IVV have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HCRB and IVV?
HCRB and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1117 unique securities.
Which pays a higher dividend, HCRB or IVV?
HCRB yields 4.03% while IVV yields 1.09%, so HCRB currently pays the higher dividend yield.
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