HCOM vs TYO

Quick Verdict

HCOM has a lower expense ratio. TYO delivered stronger 1-year returns. HCOM offers more diversification with 55 holdings.

Lower Fees: HCOMHigher Returns: TYOMore Diversified: HCOM

Side-by-Side Comparison

MetricHCOMTYOWinner
Expense Ratio0.59%1.00%
AUM$9M$12M
Dividend Yield10.95%2.62%
Holdings556
YTD Return+0.71%+10.84%
1Y Return-4.90%+11.31%
3Y Return (annualized)-6.95%+6.14%
5Y Return (annualized)-+14.69%
Volatility (annualized)14.7%19.3%
Max Drawdown-28.8%-90.4%
Fund FamilyHartford FundsDirexion Shares ETF Trust
CategoryCommodityAlternative
InceptionSep 14, 2021Apr 16, 2009

HCOM vs TYO Performance

Hartford Schroders Commodity Strategy ETF (HCOM) is a ETF from Hartford Funds and Direxion Daily 7-10 Year Treasury Bear 3X ETF (TYO) is a ETF from Direxion Shares ETF Trust. Over the past year HCOM returned -4.90% while TYO returned +11.31%. Year to date, HCOM is up 0.71% versus a gain of 10.84% for TYO.

Over three years, HCOM compounded at -6.95% per year against +6.14% for TYO. Across the full 4-year window we track, HCOM has the edge at +0.68% annualized vs -7.26%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TYO has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 14.7% for HCOM. 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 -90.4% for TYO. 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 0.00. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HCOM charges 0.59% per year while TYO charges 1.00%. On a $10,000 position that is $59 vs $100 annually, a gap of $41 per year that compounds over a long holding period. On income, HCOM currently yields 10.95% against 2.62% for TYO.

Frequently Asked Questions

Which is cheaper, HCOM or TYO?

HCOM has an expense ratio of 0.59% while TYO charges 1.00%. HCOM is the cheaper option. On a $10,000 investment, that is $41 per year of difference.

Which performed better, HCOM or TYO?

Over the past year HCOM returned -4.90% vs +11.31% for TYO, so TYO leads on 1-year performance. Over the longest common window we track (4 years), HCOM annualized +0.68% vs -7.26% for TYO. Past performance does not guarantee future results.

Which is riskier, HCOM or TYO?

TYO has been the more volatile fund at 19.3% annualized versus 14.7% for HCOM. Worst drawdown: HCOM -28.8% vs TYO -90.4%.

Should I hold both HCOM and TYO?

HCOM and TYO have a monthly-return correlation of 0.00, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, HCOM or TYO?

HCOM yields 10.95% while TYO yields 2.62%, so HCOM currently pays the higher dividend yield.

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