HGOIX vs. LGLIX
Compare and contrast key facts about The Hartford Growth Opportunities Fund Class I (HGOIX) and Lord Abbett Growth Leaders Fund (LGLIX).
HGOIX is managed by Hartford. It was launched on Feb 19, 2002. LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOIX or LGLIX.
Performance
HGOIX vs. LGLIX - Performance Comparison
Returns By Period
In the year-to-date period, HGOIX achieves a 39.59% return, which is significantly lower than LGLIX's 46.69% return. Over the past 10 years, HGOIX has underperformed LGLIX with an annualized return of 3.37%, while LGLIX has yielded a comparatively higher 8.57% annualized return.
HGOIX
39.59%
4.81%
15.53%
46.82%
8.54%
3.37%
LGLIX
46.69%
11.27%
23.21%
52.24%
12.40%
8.57%
Key characteristics
HGOIX | LGLIX | |
---|---|---|
Sharpe Ratio | 2.39 | 2.37 |
Sortino Ratio | 3.06 | 3.08 |
Omega Ratio | 1.42 | 1.41 |
Calmar Ratio | 1.28 | 1.22 |
Martin Ratio | 12.77 | 13.37 |
Ulcer Index | 3.67% | 3.91% |
Daily Std Dev | 19.62% | 22.03% |
Max Drawdown | -63.20% | -55.73% |
Current Drawdown | -6.15% | -11.54% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HGOIX vs. LGLIX - Expense Ratio Comparison
HGOIX has a 0.82% expense ratio, which is higher than LGLIX's 0.64% expense ratio.
Correlation
The correlation between HGOIX and LGLIX is 0.94, 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.
Risk-Adjusted Performance
HGOIX vs. LGLIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund Class I (HGOIX) and Lord Abbett Growth Leaders Fund (LGLIX). 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
HGOIX vs. LGLIX - Dividend Comparison
Neither HGOIX nor LGLIX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
The Hartford Growth Opportunities Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% |
Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HGOIX vs. LGLIX - Drawdown Comparison
The maximum HGOIX drawdown since its inception was -63.20%, which is greater than LGLIX's maximum drawdown of -55.73%. Use the drawdown chart below to compare losses from any high point for HGOIX and LGLIX. For additional features, visit the drawdowns tool.
Volatility
HGOIX vs. LGLIX - Volatility Comparison
The current volatility for The Hartford Growth Opportunities Fund Class I (HGOIX) is 5.43%, while Lord Abbett Growth Leaders Fund (LGLIX) has a volatility of 6.35%. This indicates that HGOIX experiences smaller price fluctuations and is considered to be less risky than LGLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.