HEOYX vs. VMNVX

Last updated Aug 1, 2026

HEOYX (Hartford Climate Opportunities Fund) and VMNVX (Vanguard Global Minimum Volatility Fund Admiral Shares) are both Global Equities funds. Over the past 10 years, HEOYX returned 10.79%/yr vs 8.45%/yr for VMNVX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. HEOYX charges 0.79%/yr vs 0.14%/yr for VMNVX.

Performance

HEOYX vs. VMNVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Climate Opportunities Fund (HEOYX) and Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HEOYX achieves a 12.29% return, which is significantly higher than VMNVX's 10.21% return. Over the past 10 years, HEOYX has outperformed VMNVX with an annualized return of 10.79%, while VMNVX has yielded a comparatively lower 8.45% annualized return.

HEOYX

• 1D: 2.75%
• 1M: -3.58%
• 6M: 6.88%
• YTD: 12.29%
• 1Y: 19.24%
• 3Y*: 11.43%
• 5Y*: 5.89%
• 10Y*: 10.79%
• ALL TIME*: 11.86%

VMNVX

• 1D: -0.06%
• 1M: 0.46%
• 6M: 6.43%
• YTD: 10.21%
• 1Y: 15.46%
• 3Y*: 13.49%
• 5Y*: 9.12%
• 10Y*: 8.45%
• ALL TIME*: 9.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HEOYX Hartford Climate Opportunities Fund	$0.00	$0.00	$0.00
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares	$0.00	$0.00	$0.00

HEOYX vs. VMNVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HEOYX Hartford Climate Opportunities Fund	12.29%	18.87%	6.00%	11.49%	-18.30%	14.78%	41.34%	33.96%	-17.85%	21.92%
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares	10.21%	12.83%	13.42%	7.94%	-4.46%	15.40%	-3.94%	22.66%	-1.70%	16.03%

Correlation

The correlation between HEOYX and VMNVX is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.76
Correlation (All Time) Calculated using the full available price history since Mar 1, 2016	0.76

Over the past year, the correlation between HEOYX and VMNVX has dropped to 0.52 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

HEOYX vs. VMNVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HEOYX

HEOYX Risk / Return Rank: 29
HEOYX Sharpe Ratio Rank: 26
HEOYX Sortino Ratio Rank: 26
HEOYX Omega Ratio Rank: 26
HEOYX Calmar Ratio Rank: 36
HEOYX Martin Ratio Rank: 33

VMNVX

VMNVX Risk / Return Rank: 81
VMNVX Sharpe Ratio Rank: 86
VMNVX Sortino Ratio Rank: 85
VMNVX Omega Ratio Rank: 82
VMNVX Calmar Ratio Rank: 74
VMNVX Martin Ratio Rank: 77

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HEOYX vs. VMNVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Climate Opportunities Fund (HEOYX) and Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HEOYX	VMNVX	Difference
Sharpe ratio: Return per unit of total volatility	0.96	2.09	-1.13
Sortino ratio: Return per unit of downside risk	1.41	3.02	-1.61
Omega ratio: Gain probability vs. loss probability	1.17	1.38	-0.20
Calmar ratio: Return relative to maximum drawdown	1.60	2.34	-0.74
Martin ratio: Return relative to average drawdown	5.05	9.03	-3.97

HEOYX vs. VMNVX - Sharpe Ratio Comparison

The current HEOYX Sharpe Ratio is 0.96, which is lower than the VMNVX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of HEOYX and VMNVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HEOYX vs. VMNVX - Drawdown Comparison

The maximum HEOYX drawdown since its inception was -34.68%, roughly equal to the maximum VMNVX drawdown of -33.11%. Use the drawdown chart below to compare losses from any high point for HEOYX and VMNVX.

Drawdown Indicators

	HEOYX	VMNVX	Difference
Max Drawdown Largest peak-to-trough decline	-34.68%	-33.11%	-1.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.53%	-6.24%	-4.29%
Max Drawdown (3Y) Largest decline over 3 years	-17.67%	-7.93%	-9.74%
Max Drawdown (5Y) Largest decline over 5 years	-28.45%	-12.93%	-15.52%
Max Drawdown (10Y) Largest decline over 10 years	-34.68%	-33.11%	-1.57%
Current Drawdown Current decline from peak	-7.26%	-0.46%	-6.80%
Average Drawdown Average peak-to-trough decline	-6.33%	-2.78%	-3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	1.61%	+1.72%

Volatility

HEOYX vs. VMNVX - Volatility Comparison

Hartford Climate Opportunities Fund (HEOYX) has a higher volatility of 5.19% compared to Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) at 1.96%. This indicates that HEOYX's price experiences larger fluctuations and is considered to be riskier than VMNVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HEOYX	VMNVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	1.96%	+3.23%
Volatility (6M) Calculated over the trailing 6-month period	14.71%	5.57%	+9.14%
Volatility (1Y) Calculated over the trailing 1-year period	17.54%	7.01%	+10.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.61%	9.54%	+8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.75%	11.91%	+5.84%

HEOYX vs. VMNVX - Expense Ratio Comparison

HEOYX has a 0.79% expense ratio, which is higher than VMNVX's 0.14% expense ratio.

Dividends

HEOYX vs. VMNVX - Dividend Comparison

HEOYX's dividend yield for the trailing twelve months is around 5.20%, less than VMNVX's 9.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HEOYX Hartford Climate Opportunities Fund	5.20%	5.84%	2.08%	0.77%	1.15%	5.53%	1.48%	2.81%	17.79%	9.43%	3.21%	0.00%
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares	9.13%	10.07%	3.84%	3.13%	5.03%	6.33%	2.15%	4.62%	7.37%	2.31%	2.82%	3.30%

Frequently Asked Questions

Can I hold both HEOYX and VMNVX in my portfolio?

HEOYX and VMNVX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HEOYX or VMNVX?

HEOYX has higher volatility (5.19%) compared to VMNVX (1.96%). In terms of maximum drawdown, HEOYX dropped -34.68% vs VMNVX's -33.11%.

Which has better risk-adjusted returns?

VMNVX currently has the higher Sharpe Ratio (2.09 vs 0.96), 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.