HTRB vs PFIG
Hartford Total Return Bond ETF vs Invesco Fundamental Investment Grade Corporate Bond ETF
Which is better, HTRB or PFIG?
PFIG has been ahead.
PFIG has a lower expense ratio. PFIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | HTRB | PFIG |
|---|---|---|
| Expense Ratio | 0.29% | 0.22%Best |
| AUM | $2.2B | $122M |
| Dividend Yield | 5.11% | 4.48% |
| Holdings | 3,625 | 1,635 |
| YTD Return | -2.63% | -1.43%Best |
| 1Y Return | -2.39% | -0.60%Best |
| 3Y Return (annualized) | +4.90% | +5.18%Best |
| 5Y Return (annualized) | -0.30% | +1.03%Best |
| Volatility (annualized) | 5.9% | 4.9%Best |
| Max Drawdown | -21.1% | -15.6%Best |
| $10,000 over 5 years | $9,851 | $10,526Best |
| Fund Family | Hartford Funds | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Sep 27, 2017 | Sep 15, 2011 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2017 to Oct 12, 2026 (9 years).
HTRB vs PFIG 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 9 years both funds cover.
HTRB vs PFIG Performance
Hartford Total Return Bond ETF (HTRB) is an ETF from Hartford Funds and Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is an ETF from Invesco (US). Over the past year HTRB returned -2.39% while PFIG returned -0.60%. Year to date, HTRB is down 2.63% versus a loss of 1.43% for PFIG.
Over three years, HTRB compounded at +4.90% per year against +5.18% for PFIG; over five years the annualized figures are -0.30% and +1.03% respectively. Across the full 9-year window we track, PFIG has the edge at +1.18% annualized vs +0.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HTRB has been the more volatile fund, with annualized monthly volatility of 5.9% compared with 4.9% for PFIG. 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 -21.1% for HTRB and -15.6% for PFIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HTRB charges 0.29% per year while PFIG charges 0.22%. On a $10,000 position that is $29 vs $22 annually, a gap of $7 per year that compounds over a long holding period. On income, HTRB currently yields 5.11% against 4.48% for PFIG.
Holdings Overlap
We hold position weights for 1,187 holdings in HTRB and 745 in PFIG, totalling 65.5% and 92.3% 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, 16 positions appear in both.
16 positions in common, counted across the 1,187 positions we hold weights for in HTRB and 745 in PFIG, against full books of 3,625 and 1,635.
Top Shared Holdings
| Stock | Weight in HTRB | Weight in PFIG | Difference |
|---|---|---|---|
| GS 6.125 02/15/33Goldman Sachs Group Inc. 6.125% 02/15/2033 | 0.00% | 0.33% | 0.33% |
| BA 5.15 05/01/30The Boeing Co 5.150 May 01 30 | 0.08% | 0.13% | 0.05% |
| DUK 2.55 06/15/31Duke Ener 2.55% 06/15/31 | 0.05% | 0.16% | 0.11% |
| CAH 5.45 02/15/34Cardinal Health, Inc. 5.45 2034-02-15 | 0.02% | 0.18% | 0.16% |
| HCA 3.625 03/15/32Hca Inc Corp. Note 3.625 03/15/2032 | 0.02% | 0.13% | 0.11% |
| FANG 5.4 04/18/34Diamondback Ener 5.4% 04/18/34 | 0.06% | 0.09% | 0.03% |
| CPB 5.4 03/21/34Campbell Soup Co 5.4% 03/21/2034 | 0.08% | 0.06% | 0.02% |
| OKE 5.05 11/01/34Oneok Inc 5.05% 01Nov2034 | 0.03% | 0.11% | 0.08% |
| AEP 2.1 07/01/30 IAep Texas Inc 2.1 Jul 01, 2030 | 0.01% | 0.12% | 0.11% |
| KDP 4.05 04/15/32Keurig Dr Pepper 4.05 04/15/2032 | 0.04% | 0.09% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of HTRB and PFIG 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, HTRB or PFIG?
HTRB has an expense ratio of 0.29% while PFIG charges 0.22%. PFIG is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, HTRB or PFIG?
Over the past year HTRB returned -2.39% vs -0.60% for PFIG, so PFIG leads on 1-year performance. Over the longest common window we track (9 years), HTRB annualized +0.14% vs +1.18% for PFIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HTRB or PFIG?
HTRB has been the more volatile fund at 5.9% annualized versus 4.9% for PFIG. Worst drawdown: HTRB -21.1% vs PFIG -15.6%.
Should I hold both HTRB and PFIG?
HTRB and PFIG have a monthly-return correlation of 0.94, 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, HTRB or PFIG?
HTRB yields 5.11% while PFIG yields 4.48%, so HTRB currently pays the higher dividend yield.
Is PFIG better than HTRB?
PFIG has a lower expense ratio. PFIG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.