HAONX vs. HASGX

Last updated Apr 2, 2026

Compare and contrast key facts about Harbor Overseas Fund (HAONX) and Harbor Small Cap Growth Fund (HASGX).

HAONX is managed by Harbor. It was launched on Mar 1, 2019. HASGX is managed by Harbor. It was launched on Nov 1, 2000.

Performance

HAONX vs. HASGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor Overseas Fund (HAONX) and Harbor Small Cap Growth Fund (HASGX). The values are adjusted to include any dividend payments, if applicable.

HAONX vs. HASGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HAONX Harbor Overseas Fund	1.84%	35.31%	10.99%	13.29%	-15.53%	18.70%	12.93%	9.22%
HASGX Harbor Small Cap Growth Fund	0.58%	11.44%	9.34%	22.20%	-25.60%	9.40%	38.54%	19.50%

Returns By Period

In the year-to-date period, HAONX achieves a 1.84% return, which is significantly higher than HASGX's 0.58% return.

HAONX

• 1D: 3.31%
• 1M: -6.74%
• YTD: 1.84%
• 6M: 7.22%
• 1Y: 27.05%
• 3Y*: 18.66%
• 5Y*: 9.93%
• 10Y*: —

HASGX

• 1D: 4.59%
• 1M: -7.47%
• YTD: 0.58%
• 6M: 3.57%
• 1Y: 25.38%
• 3Y*: 11.60%
• 5Y*: 2.89%
• 10Y*: 11.71%

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

HAONX vs. HASGX - Expense Ratio Comparison

HAONX has a 1.21% expense ratio, which is higher than HASGX's 0.87% expense ratio.

HAONX

Harbor Overseas Fund

HASGX

Harbor Small Cap Growth Fund

Return for Risk

HAONX vs. HASGX — Risk / Return Rank

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

HAONX

HAONX Risk / Return Rank: 78
HAONX Sharpe Ratio Rank: 81
HAONX Sortino Ratio Rank: 77
HAONX Omega Ratio Rank: 76
HAONX Calmar Ratio Rank: 82
HAONX Martin Ratio Rank: 75

HASGX

HASGX Risk / Return Rank: 55
HASGX Sharpe Ratio Rank: 50
HASGX Sortino Ratio Rank: 55
HASGX Omega Ratio Rank: 45
HASGX Calmar Ratio Rank: 64
HASGX Martin Ratio Rank: 63

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.

HAONX vs. HASGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Overseas Fund (HAONX) and Harbor Small Cap Growth Fund (HASGX). 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.

	HAONX	HASGX	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.03	+0.57
Sortino ratio Return per unit of downside risk	2.09	1.57	+0.53
Omega ratio Gain probability vs. loss probability	1.31	1.21	+0.11
Calmar ratio Return relative to maximum drawdown	2.21	1.62	+0.59
Martin ratio Return relative to average drawdown	8.20	6.44	+1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAONX vs. HASGX - Sharpe Ratio Comparison

The current HAONX Sharpe Ratio is 1.59, which is higher than the HASGX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of HAONX and HASGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HAONX	HASGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.03	+0.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.13	+0.51
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.39	+0.27

Correlation

The correlation between HAONX and HASGX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HAONX vs. HASGX - Dividend Comparison

HAONX's dividend yield for the trailing twelve months is around 2.39%, more than HASGX's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HAONX Harbor Overseas Fund	2.39%	2.43%	2.12%	1.67%	2.41%	10.30%	1.06%	2.13%	0.00%	0.00%	0.00%	0.00%
HASGX Harbor Small Cap Growth Fund	1.12%	1.13%	3.53%	0.03%	4.80%	27.66%	7.21%	3.44%	27.29%	10.10%	0.47%	13.13%

Drawdowns

HAONX vs. HASGX - Drawdown Comparison

The maximum HAONX drawdown since its inception was -31.95%, smaller than the maximum HASGX drawdown of -54.33%. Use the drawdown chart below to compare losses from any high point for HAONX and HASGX.

Drawdown Indicators

	HAONX	HASGX	Difference
Max Drawdown Largest peak-to-trough decline	-31.95%	-54.33%	+22.38%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-14.11%	+2.39%
Max Drawdown (5Y) Largest decline over 5 years	-29.05%	-34.17%	+5.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.53%	—
Current Drawdown Current decline from peak	-8.58%	-8.94%	+0.36%
Average Drawdown Average peak-to-trough decline	-6.53%	-10.23%	+3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	3.56%	-0.39%

Volatility

HAONX vs. HASGX - Volatility Comparison

The current volatility for Harbor Overseas Fund (HAONX) is 8.20%, while Harbor Small Cap Growth Fund (HASGX) has a volatility of 9.36%. This indicates that HAONX experiences smaller price fluctuations and is considered to be less risky than HASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAONX	HASGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.20%	9.36%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	15.54%	-3.73%
Volatility (1Y) Calculated over the trailing 1-year period	17.20%	24.72%	-7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.80%	23.22%	-7.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.22%	23.06%	-5.84%