HGOIX vs. PJFAX
Compare and contrast key facts about The Hartford Growth Opportunities Fund Class I (HGOIX) and PGIM Jennison Growth Fund (PJFAX).
HGOIX is managed by Hartford. It was launched on Feb 19, 2002. PJFAX is managed by PGIM Investments. It was launched on Nov 2, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOIX or PJFAX.
Correlation
The correlation between HGOIX and PJFAX 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.
Performance
HGOIX vs. PJFAX - Performance Comparison
Key characteristics
HGOIX:
2.37
PJFAX:
0.99
HGOIX:
3.01
PJFAX:
1.33
HGOIX:
1.41
PJFAX:
1.21
HGOIX:
1.36
PJFAX:
0.65
HGOIX:
12.92
PJFAX:
4.68
HGOIX:
3.69%
PJFAX:
4.52%
HGOIX:
20.16%
PJFAX:
21.31%
HGOIX:
-63.20%
PJFAX:
-67.83%
HGOIX:
-0.91%
PJFAX:
-15.77%
Returns By Period
In the year-to-date period, HGOIX achieves a 47.39% return, which is significantly higher than PJFAX's 20.80% return. Over the past 10 years, HGOIX has underperformed PJFAX with an annualized return of 5.97%, while PJFAX has yielded a comparatively higher 7.85% annualized return.
HGOIX
47.39%
5.59%
15.84%
47.70%
10.24%
5.97%
PJFAX
20.80%
-6.25%
-0.05%
21.18%
8.20%
7.85%
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HGOIX vs. PJFAX - Expense Ratio Comparison
HGOIX has a 0.82% expense ratio, which is lower than PJFAX's 0.97% expense ratio.
Risk-Adjusted Performance
HGOIX vs. PJFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund Class I (HGOIX) and PGIM Jennison Growth Fund (PJFAX). 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. PJFAX - Dividend Comparison
Neither HGOIX nor PJFAX 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% |
PGIM Jennison Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HGOIX vs. PJFAX - Drawdown Comparison
The maximum HGOIX drawdown since its inception was -63.20%, smaller than the maximum PJFAX drawdown of -67.83%. Use the drawdown chart below to compare losses from any high point for HGOIX and PJFAX. For additional features, visit the drawdowns tool.
Volatility
HGOIX vs. PJFAX - Volatility Comparison
The current volatility for The Hartford Growth Opportunities Fund Class I (HGOIX) is 6.00%, while PGIM Jennison Growth Fund (PJFAX) has a volatility of 11.79%. This indicates that HGOIX experiences smaller price fluctuations and is considered to be less risky than PJFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.