HCOM vs HFXI

Quick Verdict

HFXI has a lower expense ratio. HFXI delivered stronger 1-year returns. HFXI offers more diversification with 759 holdings.

Lower Fees: HFXIHigher Returns: HFXIMore Diversified: HFXI

Side-by-Side Comparison

MetricHCOMHFXIWinner
Expense Ratio0.59%0.20%
AUM$9M$2.0B
Dividend Yield10.95%3.96%
Holdings55858
YTD Return+0.71%+16.68%
1Y Return-4.90%+31.27%
3Y Return (annualized)-6.95%+20.64%
5Y Return (annualized)-+12.08%
Volatility (annualized)14.7%13.8%
Max Drawdown-28.8%-34.2%
Fund FamilyHartford FundsINDEXIQ ETF TRUST
CategoryCommodityEquity
InceptionSep 14, 2021Jul 22, 2015

HCOM vs HFXI Performance

Hartford Schroders Commodity Strategy ETF (HCOM) is a ETF from Hartford Funds and NYLI FTSE International Equity Currency Neutral ETF (HFXI) is a ETF from INDEXIQ ETF TRUST. Over the past year HCOM returned -4.90% while HFXI returned +31.27%. Year to date, HCOM is up 0.71% versus a gain of 16.68% for HFXI.

Over three years, HCOM compounded at -6.95% per year against +20.64% for HFXI. Across the full 4-year window we track, HFXI has the edge at +7.89% annualized vs +0.68%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HCOM has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 13.8% for HFXI. 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 -28.8% for HCOM and -34.2% for HFXI. 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HCOM charges 0.59% per year while HFXI charges 0.20%. On a $10,000 position that is $59 vs $20 annually, a gap of $39 per year that compounds over a long holding period. On income, HCOM currently yields 10.95% against 3.96% for HFXI.

Frequently Asked Questions

Which is cheaper, HCOM or HFXI?

HCOM has an expense ratio of 0.59% while HFXI charges 0.20%. HFXI is the cheaper option. On a $10,000 investment, that is $39 per year of difference.

Which performed better, HCOM or HFXI?

Over the past year HCOM returned -4.90% vs +31.27% for HFXI, so HFXI leads on 1-year performance. Over the longest common window we track (4 years), HCOM annualized +0.68% vs +7.89% for HFXI. Past performance does not guarantee future results.

Which is riskier, HCOM or HFXI?

HCOM has been the more volatile fund at 14.7% annualized versus 13.8% for HFXI. Worst drawdown: HCOM -28.8% vs HFXI -34.2%.

Should I hold both HCOM and HFXI?

HCOM and HFXI have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, HCOM or HFXI?

HCOM yields 10.95% while HFXI yields 3.96%, so HCOM currently pays the higher dividend yield.

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