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HGOIX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HGOIX and SPY is 0.88, 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.


-0.50.00.51.00.9

Performance

HGOIX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford Growth Opportunities Fund Class I (HGOIX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
142.80%
540.35%
HGOIX
SPY

Key characteristics

Sharpe Ratio

HGOIX:

2.32

SPY:

2.21

Sortino Ratio

HGOIX:

2.96

SPY:

2.93

Omega Ratio

HGOIX:

1.40

SPY:

1.41

Calmar Ratio

HGOIX:

1.34

SPY:

3.26

Martin Ratio

HGOIX:

12.69

SPY:

14.43

Ulcer Index

HGOIX:

3.69%

SPY:

1.90%

Daily Std Dev

HGOIX:

20.17%

SPY:

12.41%

Max Drawdown

HGOIX:

-63.20%

SPY:

-55.19%

Current Drawdown

HGOIX:

-3.04%

SPY:

-2.74%

Returns By Period

In the year-to-date period, HGOIX achieves a 44.22% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, HGOIX has underperformed SPY with an annualized return of 5.82%, while SPY has yielded a comparatively higher 12.97% annualized return.


HGOIX

YTD

44.22%

1M

3.94%

6M

13.09%

1Y

44.56%

5Y*

9.94%

10Y*

5.82%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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. SPY - Expense Ratio Comparison

HGOIX has a 0.82% expense ratio, which is higher than SPY's 0.09% expense ratio.


HGOIX
The Hartford Growth Opportunities Fund Class I
Expense ratio chart for HGOIX: current value at 0.82% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.82%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

HGOIX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund Class I (HGOIX) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for HGOIX, currently valued at 2.32, compared to the broader market-1.000.001.002.003.004.002.322.21
The chart of Sortino ratio for HGOIX, currently valued at 2.96, compared to the broader market-2.000.002.004.006.008.0010.002.962.93
The chart of Omega ratio for HGOIX, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.003.501.401.41
The chart of Calmar ratio for HGOIX, currently valued at 1.34, compared to the broader market0.002.004.006.008.0010.0012.0014.001.343.26
The chart of Martin ratio for HGOIX, currently valued at 12.69, compared to the broader market0.0020.0040.0060.0012.6914.43
HGOIX
SPY

The current HGOIX Sharpe Ratio is 2.32, which is comparable to the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of HGOIX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.32
2.21
HGOIX
SPY

Dividends

HGOIX vs. SPY - Dividend Comparison

HGOIX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.


TTM20232022202120202019201820172016201520142013
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%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

HGOIX vs. SPY - Drawdown Comparison

The maximum HGOIX drawdown since its inception was -63.20%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HGOIX and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.04%
-2.74%
HGOIX
SPY

Volatility

HGOIX vs. SPY - Volatility Comparison

The Hartford Growth Opportunities Fund Class I (HGOIX) has a higher volatility of 5.88% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that HGOIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.88%
3.72%
HGOIX
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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