Hartford Growth Allocation Fund (HRAAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HRAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HRAAX
HRAAX charges 0.53% annually. There are 206 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | HRAAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | HRAAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | HRAAX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | HRAAX vs FYMIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | HRAAX vs BWBIX |
Best Risk-Adjusted Alternatives to HRAAX
HRAAX has a PortfoliosLab risk / return rank of 53. There are 323 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | HRAAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | HRAAX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | HRAAX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | HRAAX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | HRAAX vs AOBLX |
Top Performing HRAAX Alternatives (YTD)
HRAAX is at 7.69% YTD. There are 154 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.82% | — | Jan 1998 | HRAAX vs EKBAX | |
| Greenspring Fund | 21.42% | — | Jun 1983 | HRAAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.08% | — | Aug 1998 | HRAAX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.76% | — | Dec 2002 | HRAAX vs TIBIX | |
| ICON Equity Income Fund | 13.95% | — | May 2004 | HRAAX vs IOEZX |
Lowest Volatility Alternatives to HRAAX
HRAAX has 10.96% 1-year volatility. There are 432 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | HRAAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | HRAAX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | HRAAX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | HRAAX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | HRAAX vs CSTAX |
Lowest Drawdown Alternatives to HRAAX
HRAAX has a 1-year max drawdown of -7.90%. There are 423 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | HRAAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | HRAAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | HRAAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | HRAAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | HRAAX vs CSTAX |
Other Mutual Funds from Hartford
The 10 most viewed Hartford mutual funds shown here include HGOIX, HSNIX, SCIEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 15 | 5.83% | — | Feb 2002 | HRAAX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 61 | 1.32% | — | May 2007 | HRAAX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 18 | 6.34% | — | Dec 1985 | HRAAX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 37 | 5.40% | — | Apr 1998 | HRAAX vs HGIYX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 34 | 2.97% | — | Jul 2006 | HRAAX vs HBLYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 70 | 1.46% | — | May 2007 | HRAAX vs HHMIX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 66 | 8.24% | — | Jul 1996 | HRAAX vs HDGYX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 58 | 9.07% | — | May 2010 | HRAAX vs HILYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 16 | 5.84% | — | Feb 2002 | HRAAX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 85 | 28.76% | — | — | HRAAX vs SEMNX |
Often Compared With HRAAX
Investors most often compare HRAAX with SCHD, VOO, VTI. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare HRAAX with Any Fund or Stock
Compare HRAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HRAAX with funds that move differently
Hartford Growth Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HRAAX.
Explore HRAAX Diversifiers