HCKAX vs. USA
Compare and contrast key facts about Hartford Checks and Balances Fund (HCKAX) and Liberty All-Star Equity Fund (USA).
HCKAX is managed by Hartford. It was launched on May 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCKAX or USA.
Key characteristics
| HCKAX | USA | |
|---|---|---|
| YTD Return | 13.64% | 26.35% |
| 1Y Return | 19.91% | 34.06% |
| 3Y Return (Ann) | -0.71% | 4.59% |
| 5Y Return (Ann) | 3.79% | 13.31% |
| 10Y Return (Ann) | 1.26% | 12.98% |
| Sharpe Ratio | 2.36 | 2.45 |
| Sortino Ratio | 3.14 | 3.28 |
| Omega Ratio | 1.47 | 1.43 |
| Calmar Ratio | 1.05 | 1.91 |
| Martin Ratio | 14.19 | 16.36 |
| Ulcer Index | 1.38% | 2.10% |
| Daily Std Dev | 8.32% | 13.99% |
| Max Drawdown | -41.53% | -69.38% |
| Current Drawdown | -2.63% | 0.00% |
Correlation
The correlation between HCKAX and USA is 0.78, 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.
Performance
HCKAX vs. USA - Performance Comparison
In the year-to-date period, HCKAX achieves a 13.64% return, which is significantly lower than USA's 26.35% return. Over the past 10 years, HCKAX has underperformed USA with an annualized return of 1.26%, while USA has yielded a comparatively higher 12.98% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
HCKAX vs. USA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Checks and Balances Fund (HCKAX) and Liberty All-Star Equity Fund (USA). 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.
Dividends
HCKAX vs. USA - Dividend Comparison
HCKAX's dividend yield for the trailing twelve months is around 1.78%, less than USA's 9.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCKAX Hartford Checks and Balances Fund | 1.78% | 1.77% | 1.57% | 2.47% | 1.89% | 2.52% | 3.85% | 3.91% | 1.39% | 1.93% | 4.06% | 1.01% |
USA Liberty All-Star Equity Fund | 9.13% | 9.56% | 12.11% | 9.67% | 9.26% | 9.88% | 12.81% | 9.01% | 9.43% | 9.66% | 6.61% | 5.94% |
Drawdowns
HCKAX vs. USA - Drawdown Comparison
The maximum HCKAX drawdown since its inception was -41.53%, smaller than the maximum USA drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for HCKAX and USA. For additional features, visit the drawdowns tool.
Volatility
HCKAX vs. USA - Volatility Comparison
The current volatility for Hartford Checks and Balances Fund (HCKAX) is 2.21%, while Liberty All-Star Equity Fund (USA) has a volatility of 4.91%. This indicates that HCKAX experiences smaller price fluctuations and is considered to be less risky than USA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.