HARTFORD AAA CLO ETF (TRPA) Performance
TRPA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.1% since Dec 31, 2025
- 1 year
- +5.3% total return
- 5 years
- +3.8% a year
- Since first price
- +3.6% a year since 2018
TRPA trailing returns vs AGG, TLT, SPY
| Period | TRPA total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.6% | +0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.5% | +0.3% | −0.4% | −1.0% | +3.2% |
| 6 months | +3.0% | +0.6% | −1.5% | −3.8% | +7.8% |
| YTD | +4.1% | +0.5% | −1.0% | −3.4% | +12.3% |
| 1 year | +5.3% | +0.3% | −1.1% | −6.9% | +14.4% |
| 3 years | +21.0%+6.6%/yr | +2.6% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +20.3%+3.8%/yr | −4.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 31, 2018 | +34.7%+3.6%/yr | −2.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TRPA vs AGG
From May 31, 2018: TRPA grew to $13,470, AGG to $11,529.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TRPA returns by calendar year
6 of 7 full years positive. Best 2023 (+7.5%), worst 2022 (−4.4%). 2026 is year to date.
TRPA annual returns table
| Year | TRPA | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +4.1% | −0.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.5% | −3.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.4% | −0.5% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.5% | −1.2% | +5.7% | +2.8% | +26.2% |
| 2022 | −4.4% | −6.4% | −13.0% | −31.2% | −18.2% |
| 2021 | +0.6% | −0.9% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.8% | −10.8% | +7.5% | +18.2% | +18.3% |
| 2019 | +7.0% | −0.4% | +8.5% | +14.1% | +31.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TRPA largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 5, 2020 | −10.8% | Mar 24, 2020 | Jul 15, 2020 | 19 days | 4 months |
| Sep 14, 2021 | −6.9% | Oct 14, 2022 | Nov 14, 2023 | 1.1 years | 2.2 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TRPA risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +6.4% | +3.5% | +3.6% |
| Volatility (annualized) | 1.2% | 2.4% | 3.4% |
| Sharpe ratio | 1.59 | -0.03 | 0.29 |
| Sortino ratio | 5.20 | -0.04 | 0.37 |
| Best month | +1.8% | +1.8% | +4.0% |
| Worst month | +0.0% | −1.8% | −6.5% |
| Best 12 months | +9.0% | +9.0% | +10.1% |
| Worst 12 months | +4.8% | −6.3% | −6.3% |
| Positive months | 100% | 77% | 79% |
| Beta vs S&P 500 | 0.05 | 0.09 | — |
| Correlation with S&P 500 | 0.48 | 0.59 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TRPA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 90 | −6.3% | +5.2% | +10.1% | 83% |
| 3-year (a year) | 66 | −0.5% | +2.8% | +6.8% | 94% |
| 5-year (a year) | 42 | +1.9% | +2.8% | +4.1% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
TRPA performance overview
HARTFORD AAA CLO ETF (TRPA) returned +5.3% over the past year and +3.8% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +3.6% a year, turning $10,000 into about $13,470. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −10.8%, from Mar 5, 2020 to Mar 24, 2020, and it took 4 months to get back to the old high. TRPA finished 6 of its 7 full calendar years with a gain; the best year was 2023 (+7.5%) and the worst 2022 (−4.4%). Volatility has been 3.4% a year.
Related: TRPA chart, TRPA dividends, TRPA bond profile. See the TRPA overview for the latest quote and fund facts.
TRPA performance FAQ
What is the TRPA return over the past year?
TRPA returned +5.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.3%.
What is the average annual return of TRPA?
TRPA has returned +3.8% a year over 5 years, +3.6% a year since May 31, 2018 (total return, distributions reinvested).
How much would $10,000 invested in TRPA be worth?
$10,000 invested in TRPA at its first recorded close on May 31, 2018 would be worth about $13,470 on October 23, 2026 with distributions reinvested.
What was the worst year for TRPA?
The worst calendar year was 2022, with a total return of −4.4%. The best was 2023 at +7.5%.
What is the biggest drawdown of TRPA?
The largest peak-to-trough decline was −10.8% between March 5, 2020 and March 24, 2020. It recovered to the old high on July 15, 2020, 4 months after the bottom.
How volatile is TRPA?
Over the past 3 years TRPA had an annualized volatility of 1.2% and a Sharpe ratio of 1.59 (excess return over 1–3 month T-bills per unit of risk).