FLRUX vs. HCVAX

Last updated Jun 3, 2026

FLRUX (Meeder Conservative Allocation Fund) and HCVAX (Hartford Conservative Allocation Fund) are both Diversified Portfolio funds. Over the past 10 years, FLRUX returned 4.77%/yr vs 5.36%/yr for HCVAX. A 0.80 correlation means they provide meaningful diversification when combined. FLRUX charges 1.21%/yr vs 0.59%/yr for HCVAX.

Performance

FLRUX vs. HCVAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Meeder Conservative Allocation Fund (FLRUX) and Hartford Conservative Allocation Fund (HCVAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRUX achieves a 3.97% return, which is significantly lower than HCVAX's 4.53% return. Over the past 10 years, FLRUX has underperformed HCVAX with an annualized return of 4.77%, while HCVAX has yielded a comparatively higher 5.36% annualized return.

FLRUX

• 1D: 0.04%
• 1M: 1.55%
• YTD: 3.97%
• 6M: 4.14%
• 1Y: 11.75%
• 3Y*: 8.83%
• 5Y*: 3.78%
• 10Y*: 4.77%

HCVAX

• 1D: 0.08%
• 1M: 1.80%
• YTD: 4.53%
• 6M: 5.03%
• 1Y: 12.67%
• 3Y*: 9.97%
• 5Y*: 4.00%
• 10Y*: 5.36%

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

FLRUX vs. HCVAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLRUX Meeder Conservative Allocation Fund	3.97%	8.55%	6.53%	9.67%	-10.23%	4.64%	6.28%	10.25%	-2.61%	7.64%
HCVAX Hartford Conservative Allocation Fund	4.53%	11.09%	8.52%	9.63%	-13.42%	5.38%	8.75%	13.79%	-3.78%	10.07%

Correlation

The correlation between FLRUX and HCVAX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 2, 2004	0.80

The correlation between FLRUX and HCVAX shifts across timeframes, from 0.80 (all time) to 0.96 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FLRUX vs. HCVAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLRUX

FLRUX Risk / Return Rank: 57
FLRUX Sharpe Ratio Rank: 59
FLRUX Sortino Ratio Rank: 60
FLRUX Omega Ratio Rank: 61
FLRUX Calmar Ratio Rank: 49
FLRUX Martin Ratio Rank: 56

HCVAX

HCVAX Risk / Return Rank: 62
HCVAX Sharpe Ratio Rank: 62
HCVAX Sortino Ratio Rank: 64
HCVAX Omega Ratio Rank: 66
HCVAX Calmar Ratio Rank: 52
HCVAX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLRUX vs. HCVAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meeder Conservative Allocation Fund (FLRUX) and Hartford Conservative Allocation Fund (HCVAX). 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.

	FLRUX	HCVAX	Difference
Sharpe ratio Return per unit of total volatility	2.25	2.31	-0.06
Sortino ratio Return per unit of downside risk	3.27	3.35	-0.08
Omega ratio Gain probability vs. loss probability	1.44	1.46	-0.02
Calmar ratio Return relative to maximum drawdown	2.67	2.77	-0.11
Martin ratio Return relative to average drawdown	11.25	12.69	-1.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLRUX vs. HCVAX - Sharpe Ratio Comparison

The current FLRUX Sharpe Ratio is 2.25, which is comparable to the HCVAX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of FLRUX and HCVAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLRUX	HCVAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	2.31	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.58	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.80	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.61	-0.21

Drawdowns

FLRUX vs. HCVAX - Drawdown Comparison

The maximum FLRUX drawdown since its inception was -52.36%, which is greater than HCVAX's maximum drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for FLRUX and HCVAX.

Drawdown Indicators

	FLRUX	HCVAX	Difference
Max Drawdown Largest peak-to-trough decline	-52.36%	-31.09%	-21.27%
Max Drawdown (1Y) Largest decline over 1 year	-4.44%	-4.67%	+0.23%
Max Drawdown (3Y) Largest decline over 3 years	-6.21%	-6.41%	+0.20%
Max Drawdown (5Y) Largest decline over 5 years	-16.32%	-18.45%	+2.13%
Max Drawdown (10Y) Largest decline over 10 years	-16.32%	-18.45%	+2.13%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.73%	-3.73%	-6.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	1.02%	+0.03%

Volatility

FLRUX vs. HCVAX - Volatility Comparison

Meeder Conservative Allocation Fund (FLRUX) and Hartford Conservative Allocation Fund (HCVAX) have volatilities of 1.84% and 1.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRUX	HCVAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.84%	1.88%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	4.28%	4.47%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	5.26%	5.55%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.25%	6.93%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.76%	6.73%	+0.03%

FLRUX vs. HCVAX - Expense Ratio Comparison

FLRUX has a 1.21% expense ratio, which is higher than HCVAX's 0.59% expense ratio.

Dividends

FLRUX vs. HCVAX - Dividend Comparison

FLRUX's dividend yield for the trailing twelve months is around 3.57%, more than HCVAX's 3.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRUX Meeder Conservative Allocation Fund	3.57%	3.69%	2.72%	2.78%	1.77%	5.82%	1.48%	2.14%	3.67%	1.81%	2.07%	38.78%
HCVAX Hartford Conservative Allocation Fund	3.05%	3.19%	2.95%	2.54%	2.52%	4.72%	1.51%	2.52%	3.22%	3.01%	1.35%	1.66%

Frequently Asked Questions

Can I hold both FLRUX and HCVAX in my portfolio?

With a correlation of 0.96, FLRUX and HCVAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FLRUX or HCVAX?

HCVAX has higher volatility (1.88%) compared to FLRUX (1.84%). In terms of maximum drawdown, FLRUX dropped -52.36% vs HCVAX's -31.09%.

Which has better risk-adjusted returns?

HCVAX currently has the higher Sharpe Ratio (2.31 vs 2.25), 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.