EQT vs. HACAX
Compare and contrast key facts about EQT Corporation (EQT) and Harbor Capital Appreciation Fund Class I (HACAX).
HACAX is managed by Harbor Funds. It was launched on Dec 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EQT or HACAX.
Key characteristics
EQT | HACAX | |
---|---|---|
YTD Return | 5.67% | 12.06% |
1Y Return | 28.04% | 42.05% |
3Y Return (Ann) | 26.91% | 7.21% |
5Y Return (Ann) | 15.93% | 16.58% |
10Y Return (Ann) | -2.76% | 15.79% |
Sharpe Ratio | 0.85 | 2.41 |
Daily Std Dev | 32.69% | 17.89% |
Max Drawdown | -91.51% | -63.00% |
Current Drawdown | -27.70% | -2.68% |
Correlation
The correlation between EQT and HACAX is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EQT vs. HACAX - Performance Comparison
In the year-to-date period, EQT achieves a 5.67% return, which is significantly lower than HACAX's 12.06% return. Over the past 10 years, EQT has underperformed HACAX with an annualized return of -2.76%, while HACAX has yielded a comparatively higher 15.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
EQT vs. HACAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EQT Corporation (EQT) and Harbor Capital Appreciation Fund Class I (HACAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EQT vs. HACAX - Dividend Comparison
EQT's dividend yield for the trailing twelve months is around 1.91%, while HACAX has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EQT Corporation | 1.91% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% | 0.16% | 0.13% |
Harbor Capital Appreciation Fund Class I | 0.00% | 0.00% | 0.00% | 18.64% | 12.25% | 8.88% | 10.97% | 11.56% | 6.26% | 6.83% | 6.52% | 3.13% |
Drawdowns
EQT vs. HACAX - Drawdown Comparison
The maximum EQT drawdown since its inception was -91.51%, which is greater than HACAX's maximum drawdown of -63.00%. Use the drawdown chart below to compare losses from any high point for EQT and HACAX. For additional features, visit the drawdowns tool.
Volatility
EQT vs. HACAX - Volatility Comparison
EQT Corporation (EQT) has a higher volatility of 9.01% compared to Harbor Capital Appreciation Fund Class I (HACAX) at 6.31%. This indicates that EQT's price experiences larger fluctuations and is considered to be riskier than HACAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.