HGIFX vs. ADBE

Last updated Jun 24, 2026

HGIFX (Hartford Core Equity Fund Class F) is Large Cap Blend Equities fund actively managed by Hartford, while ADBE (Adobe Inc) is a stock. Over the past 5 years, HGIFX returned 11.23%/yr vs -19.34%/yr for ADBE. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

HGIFX vs. ADBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Core Equity Fund Class F (HGIFX) and Adobe Inc (ADBE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HGIFX achieves a 6.74% return, which is significantly higher than ADBE's -43.59% return.

HGIFX

• 1D: -0.82%
• 1M: -0.70%
• YTD: 6.74%
• 6M: 5.87%
• 1Y: 19.92%
• 3Y*: 18.97%
• 5Y*: 11.23%
• 10Y*: —

ADBE

• 1D: 1.30%
• 1M: -19.34%
• YTD: -43.59%
• 6M: -43.98%
• 1Y: -48.06%
• 3Y*: -25.87%
• 5Y*: -19.34%
• 10Y*: 7.91%

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

HGIFX vs. ADBE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HGIFX Hartford Core Equity Fund Class F	6.74%	14.77%	25.04%	21.58%	-18.62%	24.62%	18.51%	36.34%	-1.61%	14.96%
ADBE Adobe Inc	-43.59%	-21.29%	-25.46%	77.28%	-40.65%	13.38%	51.64%	45.78%	29.10%	47.53%

Correlation

The correlation between HGIFX and ADBE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Feb 28, 2017	0.61

Over the past year, the correlation between HGIFX and ADBE has dropped to 0.11 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

HGIFX vs. ADBE — Risk / Return Rank

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

HGIFX

HGIFX Risk / Return Rank: 45
HGIFX Sharpe Ratio Rank: 42
HGIFX Sortino Ratio Rank: 40
HGIFX Omega Ratio Rank: 41
HGIFX Calmar Ratio Rank: 43
HGIFX Martin Ratio Rank: 59

ADBE

ADBE Risk / Return Rank: 2
ADBE Sharpe Ratio Rank: 1
ADBE Sortino Ratio Rank: 2
ADBE Omega Ratio Rank: 3
ADBE Calmar Ratio Rank: 4
ADBE Martin Ratio Rank: 1

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.

HGIFX vs. ADBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Core Equity Fund Class F (HGIFX) and Adobe Inc (ADBE). 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.

	HGIFX	ADBE	Difference
Sharpe ratio: Return per unit of total volatility	1.75	-1.39	+3.14
Sortino ratio: Return per unit of downside risk	2.44	-2.18	+4.62
Omega ratio: Gain probability vs. loss probability	1.32	0.74	+0.57
Calmar ratio: Return relative to maximum drawdown	2.38	-0.96	+3.34
Martin ratio: Return relative to average drawdown	11.07	-1.91	+12.98

HGIFX vs. ADBE - Sharpe Ratio Comparison

The current HGIFX Sharpe Ratio is 1.75, which is higher than the ADBE Sharpe Ratio of -1.39. The chart below compares the historical Sharpe Ratios of HGIFX and ADBE, 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

HGIFX vs. ADBE - Drawdown Comparison

The maximum HGIFX drawdown since its inception was -33.46%, smaller than the maximum ADBE drawdown of -79.89%. Use the drawdown chart below to compare losses from any high point for HGIFX and ADBE.

Drawdown Indicators

	HGIFX	ADBE	Difference
Max Drawdown Largest peak-to-trough decline	-33.46%	-79.89%	+46.43%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-50.29%	+41.38%
Max Drawdown (3Y) Largest decline over 3 years	-17.23%	-69.30%	+52.07%
Max Drawdown (5Y) Largest decline over 5 years	-24.58%	-71.69%	+47.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-71.69%	—
Current Drawdown Current decline from peak	-1.72%	-71.32%	+69.60%
Average Drawdown Average peak-to-trough decline	-4.81%	-26.02%	+21.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	25.18%	-23.27%

Volatility

HGIFX vs. ADBE - Volatility Comparison

The current volatility for Hartford Core Equity Fund Class F (HGIFX) is 4.57%, while Adobe Inc (ADBE) has a volatility of 15.94%. This indicates that HGIFX experiences smaller price fluctuations and is considered to be less risky than ADBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGIFX	ADBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	15.94%	-11.37%
Volatility (6M) Calculated over the trailing 6-month period	9.68%	29.39%	-19.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.13%	34.73%	-22.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	36.59%	-20.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	34.45%	-16.56%

Dividends

HGIFX vs. ADBE - Dividend Comparison

HGIFX's dividend yield for the trailing twelve months is around 11.20%, while ADBE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADBE Adobe Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HGIFX Hartford Core Equity Fund Class F	11.20%	11.95%	8.39%	3.11%	4.18%	3.30%	0.82%	4.48%	5.72%	3.83%

Frequently Asked Questions

Can I hold both HGIFX and ADBE in my portfolio?

HGIFX and ADBE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HGIFX or ADBE?

ADBE has higher volatility (15.94%) compared to HGIFX (4.57%). In terms of maximum drawdown, HGIFX dropped -33.46% vs ADBE's -79.89%.

Which has better risk-adjusted returns?

HGIFX currently has the higher Sharpe Ratio (1.75 vs -1.39), 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.