HGOYX vs. HGOIX

Last updated Jun 4, 2026

HGOYX (The Hartford Growth Opportunities Fund) and HGOIX (The Hartford Growth Opportunities Fund Class I) are both Large Cap Growth Equities funds from Hartford. Over the past 10 years, HGOYX returned 17.17%/yr vs 17.12%/yr for HGOIX. With a 1.00 correlation, they move nearly in lockstep. HGOYX charges 0.84%/yr vs 0.82%/yr for HGOIX.

Performance

HGOYX vs. HGOIX - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with HGOYX having a 14.58% return and HGOIX slightly lower at 14.57%. Both investments have delivered pretty close results over the past 10 years, with HGOYX having a 17.17% annualized return and HGOIX not far behind at 17.12%.

HGOYX

• 1D: -0.09%
• 1M: 10.72%
• YTD: 14.58%
• 6M: 13.16%
• 1Y: 32.15%
• 3Y*: 27.93%
• 5Y*: 12.00%
• 10Y*: 17.17%

HGOIX

• 1D: -0.09%
• 1M: 10.72%
• YTD: 14.57%
• 6M: 13.16%
• 1Y: 32.11%
• 3Y*: 27.89%
• 5Y*: 11.98%
• 10Y*: 17.12%

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

HGOYX vs. HGOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HGOYX The Hartford Growth Opportunities Fund	14.58%	13.55%	42.30%	40.99%	-36.88%	7.60%	62.18%	30.37%	-0.67%	30.76%
HGOIX The Hartford Growth Opportunities Fund Class I	14.57%	13.52%	42.27%	40.98%	-36.87%	7.59%	62.12%	30.28%	-0.78%	30.63%

Correlation

The correlation between HGOYX and HGOIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Sep 1, 2006	1.00

The correlation between HGOYX and HGOIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

HGOYX vs. HGOIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HGOYX

HGOYX Risk / Return Rank: 31
HGOYX Sharpe Ratio Rank: 37
HGOYX Sortino Ratio Rank: 34
HGOYX Omega Ratio Rank: 34
HGOYX Calmar Ratio Rank: 25
HGOYX Martin Ratio Rank: 26

HGOIX

HGOIX Risk / Return Rank: 31
HGOIX Sharpe Ratio Rank: 37
HGOIX Sortino Ratio Rank: 33
HGOIX Omega Ratio Rank: 34
HGOIX Calmar Ratio Rank: 25
HGOIX Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HGOYX vs. HGOIX - Risk-Adjusted Trends Comparison

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

	HGOYX	HGOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.77	0.00
Sortino ratio: Return per unit of downside risk	2.40	2.40	0.00
Omega ratio: Gain probability vs. loss probability	1.31	1.31	0.00
Calmar ratio: Return relative to maximum drawdown	1.87	1.86	0.00
Martin ratio: Return relative to average drawdown	6.25	6.23	+0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HGOYX vs. HGOIX - Sharpe Ratio Comparison

The current HGOYX Sharpe Ratio is 1.77, which is comparable to the HGOIX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of HGOYX and HGOIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HGOYX	HGOIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.77	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.48	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.73	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.55	+0.01

Drawdowns

HGOYX vs. HGOIX - Drawdown Comparison

The maximum HGOYX drawdown since its inception was -58.04%, roughly equal to the maximum HGOIX drawdown of -58.07%. Use the drawdown chart below to compare losses from any high point for HGOYX and HGOIX.

Drawdown Indicators

	HGOYX	HGOIX	Difference
Max Drawdown Largest peak-to-trough decline	-58.04%	-58.07%	+0.03%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-17.71%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-25.40%	-25.42%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-44.98%	-44.99%	+0.01%
Max Drawdown (10Y) Largest decline over 10 years	-44.98%	-44.99%	+0.01%
Current Drawdown Current decline from peak	-0.09%	-0.09%	0.00%
Average Drawdown Average peak-to-trough decline	-11.41%	-11.99%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.27%	5.28%	-0.01%

Volatility

HGOYX vs. HGOIX - Volatility Comparison

The Hartford Growth Opportunities Fund (HGOYX) and The Hartford Growth Opportunities Fund Class I (HGOIX) have volatilities of 5.30% and 5.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGOYX	HGOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	5.29%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	14.54%	14.54%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	18.65%	18.66%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.14%	25.14%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.47%	23.47%	0.00%

HGOYX vs. HGOIX - Expense Ratio Comparison

HGOYX has a 0.84% expense ratio, which is higher than HGOIX's 0.82% expense ratio.

Dividends

HGOYX vs. HGOIX - Dividend Comparison

HGOYX's dividend yield for the trailing twelve months is around 4.86%, less than HGOIX's 5.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGOIX The Hartford Growth Opportunities Fund Class I	5.53%	6.34%	0.00%	0.00%	0.00%	22.80%	13.21%	6.01%	30.76%	8.69%	3.76%	8.81%
HGOYX The Hartford Growth Opportunities Fund	4.86%	5.56%	0.00%	0.00%	0.00%	20.17%	11.94%	5.50%	28.31%	8.15%	3.55%	8.46%

Frequently Asked Questions

Can I hold both HGOYX and HGOIX in my portfolio?

With a correlation of 1.00, HGOYX and HGOIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HGOYX or HGOIX?

HGOYX has higher volatility (5.30%) compared to HGOIX (5.29%). In terms of maximum drawdown, HGOYX dropped -58.04% vs HGOIX's -58.07%.

Which has better risk-adjusted returns?

HGOYX currently has the higher Sharpe Ratio (1.77 vs 1.77), 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.