ETIHX vs. HGHYX

Last updated Aug 6, 2026

ETIHX (Eventide Healthcare & Life Sciences Fund) and HGHYX (The Hartford Healthcare Fund) are both Health & Biotech Equities funds. Over the past 10 years, ETIHX returned 13.46%/yr vs 9.09%/yr for HGHYX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. ETIHX charges 1.30%/yr vs 1.00%/yr for HGHYX.

Performance

ETIHX vs. HGHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Healthcare & Life Sciences Fund (ETIHX) and The Hartford Healthcare Fund (HGHYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETIHX achieves a 10.63% return, which is significantly higher than HGHYX's 5.36% return. Over the past 10 years, ETIHX has outperformed HGHYX with an annualized return of 13.46%, while HGHYX has yielded a comparatively lower 9.09% annualized return.

ETIHX

• 1D: 3.28%
• 1M: -2.22%
• 6M: 12.09%
• YTD: 10.63%
• 1Y: 59.79%
• 3Y*: 16.49%
• 5Y*: 6.96%
• 10Y*: 13.46%
• ALL TIME*: 15.65%

HGHYX

• 1D: 0.33%
• 1M: -1.93%
• 6M: 5.44%
• YTD: 5.36%
• 1Y: 31.63%
• 3Y*: 8.46%
• 5Y*: 2.32%
• 10Y*: 9.09%
• ALL TIME*: 10.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ETIHX Eventide Healthcare & Life Sciences Fund	$0.00	$0.00	$0.00
HGHYX The Hartford Healthcare Fund	$0.00	$0.00	$0.00

ETIHX vs. HGHYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ETIHX Eventide Healthcare & Life Sciences Fund	10.63%	56.73%	-10.13%	11.01%	-19.62%	-16.87%	37.12%	58.74%	-0.27%	45.83%
HGHYX The Hartford Healthcare Fund	5.36%	15.95%	0.23%	4.04%	-11.48%	10.24%	23.07%	41.54%	-2.81%	22.09%

Correlation

The correlation between ETIHX and HGHYX is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.63
Correlation (3Y) Balances recent behavior with more history.	0.68
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (10Y) Provides a long-term view across more market conditions.	0.74
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.76

The correlation between ETIHX and HGHYX shifts across timeframes, from 0.63 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ETIHX vs. HGHYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ETIHX

ETIHX Risk / Return Rank: 86
ETIHX Sharpe Ratio Rank: 89
ETIHX Sortino Ratio Rank: 83
ETIHX Omega Ratio Rank: 74
ETIHX Calmar Ratio Rank: 95
ETIHX Martin Ratio Rank: 88

HGHYX

HGHYX Risk / Return Rank: 70
HGHYX Sharpe Ratio Rank: 78
HGHYX Sortino Ratio Rank: 82
HGHYX Omega Ratio Rank: 67
HGHYX Calmar Ratio Rank: 77
HGHYX Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ETIHX vs. HGHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Healthcare & Life Sciences Fund (ETIHX) and The Hartford Healthcare Fund (HGHYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ETIHX	HGHYX	Difference
Sharpe ratio: Return per unit of total volatility	2.31	1.99	+0.32
Sortino ratio: Return per unit of downside risk	3.03	3.00	+0.03
Omega ratio: Gain probability vs. loss probability	1.37	1.34	+0.02
Calmar ratio: Return relative to maximum drawdown	4.72	2.86	+1.86
Martin ratio: Return relative to average drawdown	13.18	7.72	+5.46

ETIHX vs. HGHYX - Sharpe Ratio Comparison

The current ETIHX Sharpe Ratio is 2.31, which is comparable to the HGHYX Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of ETIHX and HGHYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETIHX vs. HGHYX - Drawdown Comparison

The maximum ETIHX drawdown since its inception was -55.11%, which is greater than HGHYX's maximum drawdown of -42.58%. Use the drawdown chart below to compare losses from any high point for ETIHX and HGHYX.

Drawdown Indicators

	ETIHX	HGHYX	Difference
Max Drawdown Largest peak-to-trough decline	-55.11%	-42.58%	-12.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-10.82%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-33.23%	-22.60%	-10.63%
Max Drawdown (5Y) Largest decline over 5 years	-49.27%	-25.42%	-23.85%
Max Drawdown (10Y) Largest decline over 10 years	-55.11%	-28.51%	-26.60%
Current Drawdown Current decline from peak	-4.33%	-3.62%	-0.71%
Average Drawdown Average peak-to-trough decline	-17.82%	-7.61%	-10.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	4.01%	+0.45%

Volatility

ETIHX vs. HGHYX - Volatility Comparison

Eventide Healthcare & Life Sciences Fund (ETIHX) has a higher volatility of 8.92% compared to The Hartford Healthcare Fund (HGHYX) at 4.52%. This indicates that ETIHX's price experiences larger fluctuations and is considered to be riskier than HGHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETIHX	HGHYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.92%	4.52%	+4.40%
Volatility (6M) Calculated over the trailing 6-month period	20.75%	11.92%	+8.83%
Volatility (1Y) Calculated over the trailing 1-year period	25.55%	15.57%	+9.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.11%	16.07%	+12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.36%	17.76%	+10.60%

ETIHX vs. HGHYX - Expense Ratio Comparison

ETIHX has a 1.30% expense ratio, which is higher than HGHYX's 1.00% expense ratio.

Dividends

ETIHX vs. HGHYX - Dividend Comparison

ETIHX has not paid dividends to shareholders, while HGHYX's dividend yield for the trailing twelve months is around 2.73%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETIHX Eventide Healthcare & Life Sciences Fund	0.00%	0.00%	0.00%	0.00%	0.00%	10.78%	3.49%	2.08%	7.33%	1.28%	0.00%	1.22%
HGHYX The Hartford Healthcare Fund	2.73%	2.88%	4.74%	0.00%	0.83%	8.86%	10.56%	10.72%	7.15%	4.67%	9.23%	13.39%

Frequently Asked Questions

Can I hold both ETIHX and HGHYX in my portfolio?

ETIHX and HGHYX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETIHX or HGHYX?

ETIHX has higher volatility (8.92%) compared to HGHYX (4.52%). In terms of maximum drawdown, ETIHX dropped -55.11% vs HGHYX's -42.58%.

Which has better risk-adjusted returns?

ETIHX currently has the higher Sharpe Ratio (2.31 vs 1.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.