HAOYX vs. HDGYX

Last updated Jun 4, 2026

HAOYX (The Hartford International Opportunities Fund) and HDGYX (The Hartford Dividend and Growth Fund) are both mutual funds - HAOYX is a Foreign Large Cap Equities fund managed by Hartford, while HDGYX is a Large Cap Value Equities fund managed by Hartford. Over the past 10 years, HAOYX returned 9.47%/yr vs 13.19%/yr for HDGYX. A 0.71 correlation means they provide meaningful diversification when combined. HAOYX charges 0.77%/yr vs 0.69%/yr for HDGYX.

Performance

HAOYX vs. HDGYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford International Opportunities Fund (HAOYX) and The Hartford Dividend and Growth Fund (HDGYX). 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 HDGYX's 8.94% return. Over the past 10 years, HAOYX has underperformed HDGYX with an annualized return of 9.47%, while HDGYX has yielded a comparatively higher 13.19% annualized return.

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%

HDGYX

• 1D: 0.15%
• 1M: 4.05%
• YTD: 8.94%
• 6M: 9.91%
• 1Y: 24.38%
• 3Y*: 16.23%
• 5Y*: 10.80%
• 10Y*: 13.19%

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

HAOYX vs. HDGYX - 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%
HDGYX The Hartford Dividend and Growth Fund	8.94%	17.15%	12.41%	14.11%	-8.62%	31.32%	8.03%	31.88%	-5.44%	18.29%

Correlation

The correlation between HAOYX and HDGYX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jul 23, 1996	0.71

The correlation between HAOYX and HDGYX has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.

Return for Risk

HAOYX vs. HDGYX — 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

HDGYX

HDGYX Risk / Return Rank: 62
HDGYX Sharpe Ratio Rank: 62
HDGYX Sortino Ratio Rank: 60
HDGYX Omega Ratio Rank: 56
HDGYX Calmar Ratio Rank: 64
HDGYX Martin Ratio Rank: 70

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. HDGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford International Opportunities Fund (HAOYX) and The Hartford Dividend and Growth Fund (HDGYX). 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	HDGYX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.32	-0.50
Sortino ratio: Return per unit of downside risk	2.52	3.25	-0.73
Omega ratio: Gain probability vs. loss probability	1.33	1.41	-0.08
Calmar ratio: Return relative to maximum drawdown	2.30	3.10	-0.80
Martin ratio: Return relative to average drawdown	9.01	13.39	-4.38
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. HDGYX - Sharpe Ratio Comparison

The current HAOYX Sharpe Ratio is 1.82, which is comparable to the HDGYX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of HAOYX and HDGYX, 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	HDGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	2.32	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.77	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.80	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.59	-0.22

Drawdowns

HAOYX vs. HDGYX - Drawdown Comparison

The maximum HAOYX drawdown since its inception was -58.08%, which is greater than HDGYX's maximum drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for HAOYX and HDGYX.

Drawdown Indicators

	HAOYX	HDGYX	Difference
Max Drawdown Largest peak-to-trough decline	-58.08%	-50.78%	-7.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.72%	-8.00%	-3.72%
Max Drawdown (3Y) Largest decline over 3 years	-14.10%	-13.70%	-0.40%
Max Drawdown (5Y) Largest decline over 5 years	-31.72%	-18.79%	-12.93%
Max Drawdown (10Y) Largest decline over 10 years	-35.16%	-34.98%	-0.18%
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	-13.73%	-5.82%	-7.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	1.85%	+1.14%

Volatility

HAOYX vs. HDGYX - Volatility Comparison

The Hartford International Opportunities Fund (HAOYX) has a higher volatility of 5.07% compared to The Hartford Dividend and Growth Fund (HDGYX) at 2.62%. This indicates that HAOYX's price experiences larger fluctuations and is considered to be riskier than HDGYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAOYX	HDGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	2.62%	+2.45%
Volatility (6M) Calculated over the trailing 6-month period	12.38%	8.04%	+4.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	10.69%	+4.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	14.02%	+2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	16.61%	+0.27%

HAOYX vs. HDGYX - Expense Ratio Comparison

HAOYX has a 0.77% expense ratio, which is higher than HDGYX's 0.69% expense ratio.

Dividends

HAOYX vs. HDGYX - Dividend Comparison

HAOYX's dividend yield for the trailing twelve months is around 7.01%, less than HDGYX's 11.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
HDGYX The Hartford Dividend and Growth Fund	11.28%	12.31%	10.61%	1.82%	6.08%	5.80%	3.61%	7.15%	12.64%	11.68%	4.92%	10.83%

Frequently Asked Questions

Can I hold both HAOYX and HDGYX in my portfolio?

HAOYX and HDGYX have a correlation of 0.75, 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 HDGYX?

HAOYX has higher volatility (5.07%) compared to HDGYX (2.62%). In terms of maximum drawdown, HAOYX dropped -58.08% vs HDGYX's -50.78%.

Which has better risk-adjusted returns?

HDGYX currently has the higher Sharpe Ratio (2.32 vs 1.82), 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.