HGOIX vs. SEMNX

Last updated Aug 4, 2026

HGOIX (The Hartford Growth Opportunities Fund Class I) and SEMNX (Hartford Schroders Emerging Markets Equity Fund Class I) are both mutual funds - HGOIX is a Large Cap Growth Equities fund managed by Hartford, while SEMNX is a Emerging Markets Equities fund managed by Hartford. Over the past 10 years, HGOIX returned 15.56%/yr vs 10.32%/yr for SEMNX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. HGOIX charges 0.82%/yr vs 1.23%/yr for SEMNX.

Performance

HGOIX vs. SEMNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford Growth Opportunities Fund Class I (HGOIX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HGOIX achieves a 3.44% return, which is significantly lower than SEMNX's 21.92% return. Over the past 10 years, HGOIX has outperformed SEMNX with an annualized return of 15.56%, while SEMNX has yielded a comparatively lower 10.32% annualized return.

HGOIX

• 1D: 1.66%
• 1M: -3.30%
• 6M: 5.49%
• YTD: 3.44%
• 1Y: 11.27%
• 3Y*: 20.85%
• 5Y*: 7.59%
• 10Y*: 15.56%
• ALL TIME*: 11.91%

SEMNX

• 1D: 2.19%
• 1M: -2.64%
• 6M: 11.16%
• YTD: 21.92%
• 1Y: 49.20%
• 3Y*: 21.69%
• 5Y*: 7.90%
• 10Y*: 10.32%
• ALL TIME*: 6.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HGOIX The Hartford Growth Opportunities Fund Class I	$0.00	$0.00	$0.00
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	$0.00	$0.00	$0.00

HGOIX vs. SEMNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HGOIX The Hartford Growth Opportunities Fund Class I	3.44%	13.52%	42.27%	40.98%	-36.87%	7.59%	62.12%	30.28%	-0.78%	30.63%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	21.92%	40.36%	7.56%	8.80%	-22.30%	-5.11%	23.58%	22.12%	-15.57%	40.87%

Correlation

The correlation between HGOIX and SEMNX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (5Y) Shows whether the relationship held over a longer period.	0.64
Correlation (10Y) Provides a long-term view across more market conditions.	0.63
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.68

The correlation between HGOIX and SEMNX shifts across timeframes, from 0.63 (10 years) to 0.75 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HGOIX vs. SEMNX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HGOIX

HGOIX Risk / Return Rank: 10
HGOIX Sharpe Ratio Rank: 10
HGOIX Sortino Ratio Rank: 10
HGOIX Omega Ratio Rank: 10
HGOIX Calmar Ratio Rank: 10
HGOIX Martin Ratio Rank: 10

SEMNX

SEMNX Risk / Return Rank: 73
SEMNX Sharpe Ratio Rank: 75
SEMNX Sortino Ratio Rank: 61
SEMNX Omega Ratio Rank: 73
SEMNX Calmar Ratio Rank: 83
SEMNX Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HGOIX vs. SEMNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund Class I (HGOIX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HGOIX	SEMNX	Difference
Sharpe ratio: Return per unit of total volatility	0.42	1.81	-1.39
Sortino ratio: Return per unit of downside risk	0.72	2.29	-1.57
Omega ratio: Gain probability vs. loss probability	1.09	1.34	-0.25
Calmar ratio: Return relative to maximum drawdown	0.51	2.90	-2.39
Martin ratio: Return relative to average drawdown	1.49	9.55	-8.06

HGOIX vs. SEMNX - Sharpe Ratio Comparison

The current HGOIX Sharpe Ratio is 0.42, which is lower than the SEMNX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of HGOIX and SEMNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HGOIX vs. SEMNX - Drawdown Comparison

The maximum HGOIX drawdown since its inception was -58.07%, smaller than the maximum SEMNX drawdown of -65.10%. Use the drawdown chart below to compare losses from any high point for HGOIX and SEMNX.

Drawdown Indicators

	HGOIX	SEMNX	Difference
Max Drawdown Largest peak-to-trough decline	-58.07%	-65.10%	+7.03%
Max Drawdown (1Y) Largest decline over 1 year	-17.71%	-16.43%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-25.42%	-16.67%	-8.75%
Max Drawdown (5Y) Largest decline over 5 years	-44.99%	-37.78%	-7.21%
Max Drawdown (10Y) Largest decline over 10 years	-44.99%	-42.47%	-2.52%
Current Drawdown Current decline from peak	-9.80%	-10.58%	+0.78%
Average Drawdown Average peak-to-trough decline	-11.94%	-17.17%	+5.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.03%	4.97%	+1.06%

Volatility

HGOIX vs. SEMNX - Volatility Comparison

The current volatility for The Hartford Growth Opportunities Fund Class I (HGOIX) is 7.31%, while Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) has a volatility of 11.46%. This indicates that HGOIX experiences smaller price fluctuations and is considered to be less risky than SEMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGOIX	SEMNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	11.46%	-4.15%
Volatility (6M) Calculated over the trailing 6-month period	17.72%	24.18%	-6.46%
Volatility (1Y) Calculated over the trailing 1-year period	21.47%	26.26%	-4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.54%	19.61%	+5.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.65%	19.31%	+4.34%

HGOIX vs. SEMNX - Expense Ratio Comparison

HGOIX has a 0.82% expense ratio, which is lower than SEMNX's 1.23% expense ratio.

Dividends

HGOIX vs. SEMNX - Dividend Comparison

HGOIX's dividend yield for the trailing twelve months is around 6.13%, more than SEMNX's 1.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGOIX The Hartford Growth Opportunities Fund Class I	6.13%	6.34%	0.00%	0.00%	0.00%	22.80%	13.21%	6.01%	30.76%	8.69%	3.76%	8.81%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	1.30%	1.58%	1.16%	1.33%	1.86%	1.21%	0.77%	2.17%	1.22%	0.82%	0.94%	0.94%

Frequently Asked Questions

Can I hold both HGOIX and SEMNX in my portfolio?

HGOIX and SEMNX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HGOIX or SEMNX?

SEMNX has higher volatility (11.46%) compared to HGOIX (7.31%). In terms of maximum drawdown, HGOIX dropped -58.07% vs SEMNX's -65.10%.

Which has better risk-adjusted returns?

SEMNX currently has the higher Sharpe Ratio (1.81 vs 0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.