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.
Performance
HGOIX vs. MIGNX - Performance Comparison
Returns By Period
In the year-to-date period, HGOIX achieves a 38.45% return, which is significantly higher than MIGNX's 16.95% return. Over the past 10 years, HGOIX has underperformed MIGNX with an annualized return of 3.33%, while MIGNX has yielded a comparatively higher 7.82% annualized return.
HGOIX
38.45%
2.46%
16.07%
45.79%
8.52%
3.33%
MIGNX
16.95%
-1.76%
6.04%
18.11%
7.49%
7.82%
Key characteristics
| HGOIX | MIGNX | |
|---|---|---|
| Sharpe Ratio | 2.43 | 1.53 |
| Sortino Ratio | 3.11 | 2.08 |
| Omega Ratio | 1.43 | 1.28 |
| Calmar Ratio | 1.30 | 1.31 |
| Martin Ratio | 13.05 | 8.69 |
| Ulcer Index | 3.67% | 2.18% |
| Daily Std Dev | 19.67% | 12.37% |
| Max Drawdown | -63.20% | -32.47% |
| Current Drawdown | -6.91% | -1.76% |
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. MIGNX - Expense Ratio Comparison
HGOIX has a 0.82% expense ratio, which is higher than MIGNX's 0.37% expense ratio.
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.
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
HGOIX has not paid dividends to shareholders, while MIGNX's dividend yield for the trailing twelve months is around 0.61%.
| 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 | 0.61% | 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 Hartford Growth Opportunities Fund Class I (HGOIX) has a higher volatility of 5.76% compared to MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX) at 3.70%. This indicates that HGOIX's price experiences larger fluctuations and is considered to be riskier than MIGNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.