HGOIX vs. MIGNX
Compare and contrast key facts about The Hartford Growth Opportunities Fund Class I (HGOIX) and MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX).
HGOIX is managed by Hartford. It was launched on Feb 19, 2002. MIGNX is a passively managed fund by MFS that tracks the performance of the Russell 1000 Growth Index. It was launched on Jun 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOIX or MIGNX.
Correlation
The correlation between HGOIX and MIGNX is 0.85, 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
HGOIX vs. MIGNX - Performance Comparison
Key characteristics
HGOIX:
2.37
MIGNX:
0.73
HGOIX:
3.01
MIGNX:
0.96
HGOIX:
1.41
MIGNX:
1.15
HGOIX:
1.36
MIGNX:
0.73
HGOIX:
12.92
MIGNX:
4.70
HGOIX:
3.69%
MIGNX:
2.25%
HGOIX:
20.16%
MIGNX:
14.53%
HGOIX:
-63.20%
MIGNX:
-32.47%
HGOIX:
-0.91%
MIGNX:
-9.07%
Returns By Period
In the year-to-date period, HGOIX achieves a 47.39% return, which is significantly higher than MIGNX's 10.05% return. Over the past 10 years, HGOIX has underperformed MIGNX with an annualized return of 5.97%, while MIGNX has yielded a comparatively higher 6.72% annualized return.
HGOIX
47.39%
5.59%
15.84%
47.70%
10.24%
5.97%
MIGNX
10.05%
-6.89%
-2.14%
10.56%
6.31%
6.72%
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HGOIX vs. MIGNX - Expense Ratio Comparison
HGOIX has a 0.82% expense ratio, which is higher than MIGNX's 0.37% expense ratio.
Risk-Adjusted Performance
HGOIX vs. MIGNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund Class I (HGOIX) and MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX). 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. MIGNX - Dividend Comparison
Neither HGOIX nor MIGNX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HGOIX 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% | 0.00% | 0.00% |
MIGNX MFS Massachusetts Investors Growth Stock Fund Class R6 | 0.00% | 0.71% | 0.78% | 0.47% | 0.46% | 0.56% | 1.43% | 1.20% | 1.15% | 1.28% | 4.98% | 2.53% |
Drawdowns
HGOIX vs. MIGNX - Drawdown Comparison
The maximum HGOIX drawdown since its inception was -63.20%, which is greater than MIGNX's maximum drawdown of -32.47%. Use the drawdown chart below to compare losses from any high point for HGOIX and MIGNX. For additional features, visit the drawdowns tool.
Volatility
HGOIX vs. MIGNX - Volatility Comparison
The current volatility for The Hartford Growth Opportunities Fund Class I (HGOIX) is 6.00%, while MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) has a volatility of 8.65%. This indicates that HGOIX experiences smaller price fluctuations and is considered to be less risky than MIGNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.