HAOYX vs. FIVLX

Last updated Jun 4, 2026

HAOYX (The Hartford International Opportunities Fund) and FIVLX (Fidelity International Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, HAOYX returned 9.47%/yr vs 9.41%/yr for FIVLX. Their correlation of 0.94 suggests significant overlap in exposure. HAOYX charges 0.77%/yr vs 1.01%/yr for FIVLX.

Performance

HAOYX vs. FIVLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford International Opportunities Fund (HAOYX) and Fidelity International Value Fund (FIVLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAOYX achieves a 12.92% return, which is significantly higher than FIVLX's 7.08% return. Both investments have delivered pretty close results over the past 10 years, with HAOYX having a 9.47% annualized return and FIVLX not far behind at 9.41%.

HAOYX

• 1D: 0.81%
• 1M: 6.11%
• YTD: 12.92%
• 6M: 15.34%
• 1Y: 27.43%
• 3Y*: 18.71%
• 5Y*: 8.04%
• 10Y*: 9.47%

FIVLX

• 1D: 0.33%
• 1M: 2.86%
• YTD: 7.08%
• 6M: 11.18%
• 1Y: 23.52%
• 3Y*: 21.69%
• 5Y*: 12.30%
• 10Y*: 9.41%

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

HAOYX vs. FIVLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAOYX The Hartford International Opportunities Fund	12.92%	30.27%	8.39%	11.84%	-17.99%	7.63%	20.63%	26.17%	-18.73%	24.72%
FIVLX Fidelity International Value Fund	7.08%	43.67%	5.33%	19.27%	-7.99%	14.89%	3.36%	18.92%	-17.17%	17.85%

Correlation

The correlation between HAOYX and FIVLX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since May 22, 2006	0.94

The correlation between HAOYX and FIVLX has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

Return for Risk

HAOYX vs. FIVLX — Risk / Return Rank

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

HAOYX

HAOYX Risk / Return Rank: 39
HAOYX Sharpe Ratio Rank: 39
HAOYX Sortino Ratio Rank: 36
HAOYX Omega Ratio Rank: 39
HAOYX Calmar Ratio Rank: 37
HAOYX Martin Ratio Rank: 42

FIVLX

FIVLX Risk / Return Rank: 31
FIVLX Sharpe Ratio Rank: 30
FIVLX Sortino Ratio Rank: 28
FIVLX Omega Ratio Rank: 29
FIVLX Calmar Ratio Rank: 33
FIVLX Martin Ratio Rank: 36

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.

HAOYX vs. FIVLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford International Opportunities Fund (HAOYX) and Fidelity International Value Fund (FIVLX). 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.

	HAOYX	FIVLX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.55	+0.27
Sortino ratio: Return per unit of downside risk	2.52	2.21	+0.31
Omega ratio: Gain probability vs. loss probability	1.33	1.28	+0.05
Calmar ratio: Return relative to maximum drawdown	2.30	2.17	+0.13
Martin ratio: Return relative to average drawdown	9.01	8.03	+0.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAOYX vs. FIVLX - Sharpe Ratio Comparison

The current HAOYX Sharpe Ratio is 1.82, which is comparable to the FIVLX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of HAOYX and FIVLX, 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

	HAOYX	FIVLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.55	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.75	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.53	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.22	+0.14

Drawdowns

HAOYX vs. FIVLX - Drawdown Comparison

The maximum HAOYX drawdown since its inception was -58.08%, smaller than the maximum FIVLX drawdown of -65.21%. Use the drawdown chart below to compare losses from any high point for HAOYX and FIVLX.

Drawdown Indicators

	HAOYX	FIVLX	Difference
Max Drawdown Largest peak-to-trough decline	-58.08%	-65.21%	+7.13%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-10.44%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-14.10%	-14.48%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-31.72%	-27.49%	-4.23%
Max Drawdown (10Y) Largest decline over 10 years	-35.16%	-43.43%	+8.27%
Current Drawdown Current decline from peak	0.00%	-1.37%	+1.37%
Average Drawdown Average peak-to-trough decline	-13.73%	-17.07%	+3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	2.82%	+0.17%

Volatility

HAOYX vs. FIVLX - Volatility Comparison

The Hartford International Opportunities Fund (HAOYX) has a higher volatility of 5.07% compared to Fidelity International Value Fund (FIVLX) at 4.73%. This indicates that HAOYX's price experiences larger fluctuations and is considered to be riskier than FIVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAOYX	FIVLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	4.73%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	12.38%	11.82%	+0.56%
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	14.65%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	16.55%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	17.92%	-1.04%

HAOYX vs. FIVLX - Expense Ratio Comparison

HAOYX has a 0.77% expense ratio, which is lower than FIVLX's 1.01% expense ratio.

Dividends

HAOYX vs. FIVLX - Dividend Comparison

HAOYX's dividend yield for the trailing twelve months is around 7.01%, more than FIVLX's 2.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVLX Fidelity International Value Fund	2.17%	2.32%	2.90%	2.06%	1.85%	4.35%	1.74%	3.54%	3.33%	0.15%	2.71%	1.44%
HAOYX The Hartford International Opportunities Fund	7.01%	7.92%	1.54%	1.59%	0.89%	10.25%	0.64%	1.57%	4.24%	4.94%	1.48%	2.69%

Frequently Asked Questions

Can I hold both HAOYX and FIVLX in my portfolio?

HAOYX and FIVLX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAOYX or FIVLX?

HAOYX has higher volatility (5.07%) compared to FIVLX (4.73%). In terms of maximum drawdown, HAOYX dropped -58.08% vs FIVLX's -65.21%.

Which has better risk-adjusted returns?

HAOYX currently has the higher Sharpe Ratio (1.82 vs 1.55), 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.