HGIYX vs. CGDV
HGIYX (Hartford Core Equity Fund) and CGDV (Capital Group Dividend Value ETF) are both funds - HGIYX is a Large Cap Blend Equities fund managed by Hartford, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. Over the past 3 years, HGIYX returned 19.16%/yr vs 24.17%/yr for CGDV. Their correlation of 0.91 suggests significant overlap in exposure. HGIYX charges 0.45%/yr vs 0.33%/yr for CGDV.
Performance
HGIYX vs. CGDV - Performance Comparison
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Returns By Period
In the year-to-date period, HGIYX achieves a 6.69% return, which is significantly lower than CGDV's 11.07% return.
HGIYX
- 1D
- -0.83%
- 1M
- -0.71%
- YTD
- 6.69%
- 6M
- 5.82%
- 1Y
- 19.81%
- 3Y*
- 19.16%
- 5Y*
- 11.30%
- 10Y*
- 14.63%
CGDV
- 1D
- -1.04%
- 1M
- 0.75%
- YTD
- 11.07%
- 6M
- 10.39%
- 1Y
- 27.24%
- 3Y*
- 24.17%
- 5Y*
- —
- 10Y*
- —
HGIYX vs. CGDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HGIYX Hartford Core Equity Fund | 6.69% | 14.67% | 25.87% | 21.45% | -8.17% |
CGDV Capital Group Dividend Value ETF | 11.07% | 25.50% | 20.10% | 28.81% | -0.44% |
Correlation
The correlation between HGIYX and CGDV is 0.90, 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 | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022 | 0.91 |
The correlation between HGIYX and CGDV has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.
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Return for Risk
HGIYX vs. CGDV — Risk / Return Rank
HGIYX
CGDV
HGIYX vs. CGDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Core Equity Fund (HGIYX) and Capital Group Dividend Value ETF (CGDV). 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.
| HGIYX | CGDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.41 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.81 | -0.44 |
| Martin ratioReturn relative to average drawdown | 11.00 | 13.07 | -2.07 |
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Drawdowns
HGIYX vs. CGDV - Drawdown Comparison
The maximum HGIYX drawdown since its inception was -51.88%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for HGIYX and CGDV.
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Drawdown Indicators
| HGIYX | CGDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.88% | -21.82% | -30.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -9.75% | +0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -17.10% | -14.28% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -24.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.47% | — | — |
Current DrawdownCurrent decline from peak | -1.72% | -1.79% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -10.11% | -3.59% | -6.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.91% | 2.09% | -0.18% |
Volatility
HGIYX vs. CGDV - Volatility Comparison
Hartford Core Equity Fund (HGIYX) and Capital Group Dividend Value ETF (CGDV) have volatilities of 4.57% and 4.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HGIYX | CGDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 4.64% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 9.68% | 9.92% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.13% | 12.28% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.42% | 15.57% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 15.57% | +1.89% |
HGIYX vs. CGDV - Expense Ratio Comparison
HGIYX has a 0.45% expense ratio, which is higher than CGDV's 0.33% expense ratio.
Dividends
HGIYX vs. CGDV - Dividend Comparison
HGIYX's dividend yield for the trailing twelve months is around 10.94%, more than CGDV's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGDV Capital Group Dividend Value ETF | 1.18% | 1.29% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HGIYX Hartford Core Equity Fund | 10.94% | 11.67% | 8.93% | 2.99% | 4.02% | 3.18% | 0.75% | 4.39% | 5.62% | 3.75% | 1.62% | 2.10% |
Frequently Asked Questions
HGIYX and CGDV have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CGDV has higher volatility (4.64%) compared to HGIYX (4.57%). In terms of maximum drawdown, HGIYX dropped -51.88% vs CGDV's -21.82%.
CGDV currently has the higher Sharpe Ratio (2.23 vs 1.74), 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.
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