The 2022 eruption of the Hunga submarine volcano injected an unprecedented volume of water vapor into the stratosphere, presenting a unique, natural experiment for ascertaining the influence of stratospheric water vapor within the global radiation budget. This study examines the radiative forcings of the Hunga stratospheric water vapor enhancement, comparing stratosphere-adjusted radiative forcing derived from offline methods to an effective radiative forcing derived from Earth System Model simulations. Assuming a uniform 2 parts per million mass mixing ratio increase of water vapor in the Southern Hemisphere stratosphere, we estimated the instantaneous, stratosphere-adjusted, and overall effective radiative forcing to be -0.04, 0.08, and 0.05 W m-2, respectively. The lower magnitude of the positive volcanic stratospheric water vapor effective radiative forcing is due to compensating effects from atmospheric adjustments. Ensemble simulations of a coupled atmosphere-ocean model suggest a surface warming of 0.05 K, affirming a limited influence on global mean surface temperature from the volcanic stratospheric water vapor injection.