HERIX vs. FTIHX

Last updated Jun 23, 2026

HERIX (Hartford Emerging Markets Equity Fund) and FTIHX (Fidelity Total International Index Fund) are both mutual funds - HERIX is a Emerging Markets Diversified fund managed by Hartford, while FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index. Over the past 10 years, HERIX returned 11.77%/yr vs 9.72%/yr for FTIHX. Their correlation of 0.84 suggests significant overlap in exposure. HERIX charges 1.16%/yr vs 0.06%/yr for FTIHX.

Performance

HERIX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Emerging Markets Equity Fund (HERIX) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HERIX achieves a 31.71% return, which is significantly higher than FTIHX's 15.59% return. Over the past 10 years, HERIX has outperformed FTIHX with an annualized return of 11.77%, while FTIHX has yielded a comparatively lower 9.72% annualized return.

HERIX

• 1D: 3.03%
• 1M: 6.81%
• YTD: 31.71%
• 6M: 33.64%
• 1Y: 55.04%
• 3Y*: 25.30%
• 5Y*: 10.25%
• 10Y*: 11.77%

FTIHX

• 1D: 1.37%
• 1M: 3.09%
• YTD: 15.59%
• 6M: 16.40%
• 1Y: 33.74%
• 3Y*: 18.58%
• 5Y*: 9.19%
• 10Y*: 9.72%

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

HERIX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HERIX Hartford Emerging Markets Equity Fund	31.71%	29.11%	10.97%	16.56%	-21.76%	5.58%	10.12%	18.67%	-16.04%	41.83%
FTIHX Fidelity Total International Index Fund	15.59%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Correlation

The correlation between HERIX and FTIHX is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 16, 2016	0.84

The correlation between HERIX and FTIHX has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

Return for Risk

HERIX vs. FTIHX — Risk / Return Rank

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

HERIX

HERIX Risk / Return Rank: 86
HERIX Sharpe Ratio Rank: 90
HERIX Sortino Ratio Rank: 78
HERIX Omega Ratio Rank: 84
HERIX Calmar Ratio Rank: 89
HERIX Martin Ratio Rank: 88

FTIHX

FTIHX Risk / Return Rank: 62
FTIHX Sharpe Ratio Rank: 64
FTIHX Sortino Ratio Rank: 58
FTIHX Omega Ratio Rank: 63
FTIHX Calmar Ratio Rank: 63
FTIHX Martin Ratio Rank: 61

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.

HERIX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Emerging Markets Equity Fund (HERIX) and Fidelity Total International Index Fund (FTIHX). 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.

	HERIX	FTIHX	Difference
Sharpe ratio: Return per unit of total volatility	2.73	2.16	+0.58
Sortino ratio: Return per unit of downside risk	3.40	2.91	+0.49
Omega ratio: Gain probability vs. loss probability	1.52	1.40	+0.12
Calmar ratio: Return relative to maximum drawdown	4.24	2.92	+1.32
Martin ratio: Return relative to average drawdown	15.47	11.31	+4.16

HERIX vs. FTIHX - Sharpe Ratio Comparison

The current HERIX Sharpe Ratio is 2.73, which is comparable to the FTIHX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of HERIX and FTIHX, 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

HERIX vs. FTIHX - Drawdown Comparison

The maximum HERIX drawdown since its inception was -39.70%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for HERIX and FTIHX.

Drawdown Indicators

	HERIX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-39.70%	-35.75%	-3.95%
Max Drawdown (1Y) Largest decline over 1 year	-12.78%	-11.25%	-1.53%
Max Drawdown (3Y) Largest decline over 3 years	-16.56%	-13.15%	-3.41%
Max Drawdown (5Y) Largest decline over 5 years	-35.44%	-29.99%	-5.45%
Max Drawdown (10Y) Largest decline over 10 years	-39.70%	-35.75%	-3.95%
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-12.62%	-7.19%	-5.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	2.90%	+0.59%

Volatility

HERIX vs. FTIHX - Volatility Comparison

Hartford Emerging Markets Equity Fund (HERIX) has a higher volatility of 10.23% compared to Fidelity Total International Index Fund (FTIHX) at 6.33%. This indicates that HERIX's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HERIX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.23%	6.33%	+3.90%
Volatility (6M) Calculated over the trailing 6-month period	17.65%	13.24%	+4.41%
Volatility (1Y) Calculated over the trailing 1-year period	19.83%	15.25%	+4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.02%	15.46%	+1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.70%	16.12%	+1.58%

HERIX vs. FTIHX - Expense Ratio Comparison

HERIX has a 1.16% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

Dividends

HERIX vs. FTIHX - Dividend Comparison

HERIX's dividend yield for the trailing twelve months is around 4.07%, more than FTIHX's 2.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTIHX Fidelity Total International Index Fund	2.41%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%
HERIX Hartford Emerging Markets Equity Fund	4.07%	5.37%	0.00%	3.82%	3.73%	2.17%	1.14%	3.16%	2.26%	1.57%	1.44%	4.09%

Frequently Asked Questions

Can I hold both HERIX and FTIHX in my portfolio?

HERIX and FTIHX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HERIX or FTIHX?

HERIX has higher volatility (10.23%) compared to FTIHX (6.33%). In terms of maximum drawdown, HERIX dropped -39.70% vs FTIHX's -35.75%.

Which has better risk-adjusted returns?

HERIX currently has the higher Sharpe Ratio (2.73 vs 2.15), 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.