Correlation
The correlation between HFGO and MGK is 0.90, 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.
HFGO vs. MGK
Compare and contrast key facts about Hartford Large Cap Growth ETF (HFGO) and Vanguard Mega Cap Growth ETF (MGK).
HFGO and MGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HFGO is an actively managed fund by Hartford. It was launched on Nov 9, 2021. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFGO or MGK.
Performance
HFGO vs. MGK - Performance Comparison
Loading data...
Key characteristics
HFGO:
0.55
MGK:
0.62
HFGO:
1.01
MGK:
1.12
HFGO:
1.14
MGK:
1.16
HFGO:
0.68
MGK:
0.77
HFGO:
2.11
MGK:
2.54
HFGO:
8.06%
MGK:
7.04%
HFGO:
27.75%
MGK:
26.04%
HFGO:
-44.64%
MGK:
-48.36%
HFGO:
-7.43%
MGK:
-3.59%
Returns By Period
In the year-to-date period, HFGO achieves a -2.51% return, which is significantly lower than MGK's 0.36% return.
HFGO
-2.51%
8.63%
-0.33%
15.13%
21.49%
N/A
N/A
MGK
0.36%
9.82%
2.42%
16.10%
20.59%
17.88%
16.09%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HFGO vs. MGK - Expense Ratio Comparison
HFGO has a 0.60% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
HFGO vs. MGK — Risk-Adjusted Performance Rank
HFGO
MGK
HFGO vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Large Cap Growth ETF (HFGO) and Vanguard Mega Cap Growth ETF (MGK). 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.
Loading data...
Dividends
HFGO vs. MGK - Dividend Comparison
HFGO has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.44%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFGO Hartford Large Cap Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.44% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
HFGO vs. MGK - Drawdown Comparison
The maximum HFGO drawdown since its inception was -44.64%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for HFGO and MGK.
Loading data...
Volatility
HFGO vs. MGK - Volatility Comparison
The current volatility for Hartford Large Cap Growth ETF (HFGO) is 5.33%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 6.00%. This indicates that HFGO experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...