HGIYX vs. SWPPX
Compare and contrast key facts about Hartford Core Equity Fund (HGIYX) and Schwab S&P 500 Index Fund (SWPPX).
HGIYX is managed by Hartford. It was launched on Apr 30, 1998. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGIYX or SWPPX.
Key characteristics
| HGIYX | SWPPX | |
|---|---|---|
| YTD Return | 20.24% | 19.26% |
| 1Y Return | 29.22% | 28.40% |
| 3Y Return (Ann) | 8.31% | 10.04% |
| 5Y Return (Ann) | 13.72% | 15.25% |
| 10Y Return (Ann) | 12.65% | 12.89% |
| Sharpe Ratio | 2.23 | 2.09 |
| Daily Std Dev | 12.39% | 12.78% |
| Max Drawdown | -51.89% | -55.06% |
| Current Drawdown | -0.48% | -0.37% |
Correlation
The correlation between HGIYX and SWPPX is 0.98, 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.
Performance
HGIYX vs. SWPPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with HGIYX having a 20.24% return and SWPPX slightly lower at 19.26%. Both investments have delivered pretty close results over the past 10 years, with HGIYX having a 12.65% annualized return and SWPPX not far ahead at 12.89%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HGIYX vs. SWPPX - Expense Ratio Comparison
HGIYX has a 0.45% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
HGIYX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Core Equity Fund (HGIYX) and Schwab S&P 500 Index Fund (SWPPX). 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.
Dividends
HGIYX vs. SWPPX - Dividend Comparison
HGIYX's dividend yield for the trailing twelve months is around 2.48%, more than SWPPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HGIYX Hartford Core Equity Fund | 2.48% | 2.99% | 4.02% | 3.18% | 0.75% | 2.65% | 5.62% | 3.75% | 1.62% | 0.31% | 4.11% | 0.71% |
SWPPX Schwab S&P 500 Index Fund | 1.20% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
HGIYX vs. SWPPX - Drawdown Comparison
The maximum HGIYX drawdown since its inception was -51.89%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for HGIYX and SWPPX. For additional features, visit the drawdowns tool.
Volatility
HGIYX vs. SWPPX - Volatility Comparison
Hartford Core Equity Fund (HGIYX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 3.93% and 4.05%, 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.