Hartford Core Bond Etf Profile
| HCRB Etf | USD 34.01 0.12 0.35% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Hartford Core is trading at 34.01 as of the 30th of April 2024, a 0.35 percent up since the beginning of the trading day. The etf's open price was 33.89. Hartford Core has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Hartford Core Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of its net assets in fixed-income securities. Hartford Core is traded on BATS Exchange in the United States. More on Hartford Core Bond
Moving together with Hartford Etf
| 0.97 | BND | Vanguard Total Bond | PairCorr |
| 0.97 | AGG | iShares Core Aggregate | PairCorr |
| 0.96 | BIV | Vanguard Intermediate | PairCorr |
| 0.97 | SPAB | SPDR Portfolio Aggregate | PairCorr |
| 0.97 | EAGG | iShares ESG Aggregate | PairCorr |
| 0.98 | FLCB | Franklin Templeton ETF | PairCorr |
| 0.98 | UITB | VictoryShares USAA Core | PairCorr |
Moving against Hartford Etf
| 0.7 | YCS | ProShares UltraShort Yen | PairCorr |
Hartford Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Core's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Core or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Investment Grade ETFs, Intermediate Core Bond, Hartford Mutual Funds (View all Sectors) |
| Issuer | Hartford Funds |
| Inception Date | 2020-02-20 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 269.15 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Hartford Funds Management Company, LLC |
| Advisor | Hartford Funds Management Company, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Joseph F. Marvan, Campe Goodman, Robert D. Burn |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jul |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 820 |
| Market Maker | Jane Street |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | (2.46) |
| Name | Hartford Core Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00RPV9B19 |
| In Threey Volatility | 7.57 |
| 1y Volatility | 7.48 |
| 200 Day M A | 34.1761 |
| 50 Day M A | 34.5433 |
| Code | HCRB |
| Updated At | 29th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.68) |
| Type | ETF |
Hartford Core Bond [HCRB] is traded in USA and was established 2020-02-19. The fund is listed under Intermediate Core Bond category and is part of Hartford Mutual Funds family. The entity is thematically classified as Broad Debt ETFs. Hartford Core Bond currently have 232.61 M in assets under management (AUM). , while the total return for the last 3 years was -3.5%.
Check Hartford Core Probability Of Bankruptcy
Geographic Allocation (%)
Hartford Core Bond Currency Exposure
Hartford Core Bond holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Hartford Core will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Hartford Core Bond.
Top Hartford Core Bond Etf Constituents
| ZTM23 | 8.68621% |
| TNM23 | 2.55856% |
Hartford Core Target Price Odds Analysis
What are Hartford Core's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Hartford Core jumping above the current price in 90 days from now is about 92.03%. The Hartford Core Bond probability density function shows the probability of Hartford Core etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hartford Core has a beta of 0.2739. This usually indicates as returns on the market go up, Hartford Core average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Core Bond will be expected to be much smaller as well. Additionally, hartford Core Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hartford Core to move above the current price in 90 days from now is about 92.03 (This Hartford Core Bond probability density function shows the probability of Hartford Etf to fall within a particular range of prices over 90 days) .
Hartford Core Top Holders
| HRATX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
| HRACX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
| HBADX | Hartford Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity |
| HBATX | Hartford Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity |
| HRAAX | Hartford Growth Allocation | Mutual Fund | Allocation--70% to 85% Equity |
| HRAIX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
| HBASX | Hartford Moderate Allocation | Mutual Fund | Allocation--50% to 70% Equity |
Hartford Core Bond Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Core market risk premium is the additional return an investor will receive from holding Hartford Core long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Core's alpha and beta are two of the key measurements used to evaluate Hartford Core's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.1) |
Hartford Core Against Markets
Picking the right benchmark for Hartford Core etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Core etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Core is critical whether you are bullish or bearish towards Hartford Core Bond at a given time. Please also check how Hartford Core's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hartford Core without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Hartford Etf?
Before investing in Hartford Core, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Core. To buy Hartford Core etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Core. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Core etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hartford Core Bond etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hartford Core Bond etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Hartford Core Bond, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hartford Etf please use our How to Invest in Hartford Core guide.
Already Invested in Hartford Core Bond?
The danger of trading Hartford Core Bond is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Core is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Core. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Core Bond is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hartford Core Bond offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hartford Core's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hartford Core Bond Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Hartford Core Bond Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Core Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Hartford Core Bond is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Core's value that differs from its market value or its book value, called intrinsic value, which is Hartford Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Core's market value can be influenced by many factors that don't directly affect Hartford Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.