HGOYX vs. HIAHX

Last updated Jul 18, 2026

HGOYX (The Hartford Growth Opportunities Fund) and HIAHX (Hartford Healthcare HLS Fund) are both mutual funds - HGOYX is a Large Cap Growth Equities fund managed by Hartford, while HIAHX is a Health & Biotech Equities fund managed by Hartford. Over the past 10 years, HGOYX returned 15.98%/yr vs 8.60%/yr for HIAHX. A 0.74 correlation means they provide meaningful diversification when combined. HGOYX charges 0.84%/yr vs 0.91%/yr for HIAHX.

Performance

HGOYX vs. HIAHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford Growth Opportunities Fund (HGOYX) and Hartford Healthcare HLS Fund (HIAHX). 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 5.80% return and HIAHX slightly lower at 5.77%. Over the past 10 years, HGOYX has outperformed HIAHX with an annualized return of 15.98%, while HIAHX has yielded a comparatively lower 8.60% annualized return.

HGOYX

• 1D: -2.72%
• 1M: -2.36%
• 6M: 6.06%
• YTD: 5.80%
• 1Y: 12.65%
• 3Y*: 21.58%
• 5Y*: 9.15%
• 10Y*: 15.98%

HIAHX

• 1D: 1.07%
• 1M: 7.03%
• 6M: 5.24%
• YTD: 5.77%
• 1Y: 30.92%
• 3Y*: 8.46%
• 5Y*: 2.92%
• 10Y*: 8.60%

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

HGOYX vs. HIAHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HGOYX The Hartford Growth Opportunities Fund	5.80%	13.55%	42.30%	40.99%	-36.88%	7.60%	62.18%	30.37%	-0.67%	30.76%
HIAHX Hartford Healthcare HLS Fund	5.77%	15.99%	0.39%	4.12%	-12.03%	10.07%	22.38%	33.77%	-2.79%	22.39%

Correlation

The correlation between HGOYX and HIAHX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Feb 15, 2002	0.74

Over the past year, the correlation between HGOYX and HIAHX has dropped to 0.17 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.

Return for Risk

HGOYX vs. HIAHX — Risk / Return Rank

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

HGOYX

HGOYX Risk / Return Rank: 11
HGOYX Sharpe Ratio Rank: 11
HGOYX Sortino Ratio Rank: 11
HGOYX Omega Ratio Rank: 11
HGOYX Calmar Ratio Rank: 10
HGOYX Martin Ratio Rank: 11

HIAHX

HIAHX Risk / Return Rank: 65
HIAHX Sharpe Ratio Rank: 71
HIAHX Sortino Ratio Rank: 75
HIAHX Omega Ratio Rank: 62
HIAHX Calmar Ratio Rank: 75
HIAHX Martin Ratio Rank: 43

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. HIAHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund (HGOYX) and Hartford Healthcare HLS Fund (HIAHX). 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.

	HGOYX	HIAHX	Difference
Sharpe ratio: Return per unit of total volatility	0.65	1.90	-1.24
Sortino ratio: Return per unit of downside risk	1.02	2.86	-1.84
Omega ratio: Gain probability vs. loss probability	1.13	1.33	-0.20
Calmar ratio: Return relative to maximum drawdown	0.77	2.78	-2.01
Martin ratio: Return relative to average drawdown	2.41	7.54	-5.13

HGOYX vs. HIAHX - Sharpe Ratio Comparison

The current HGOYX Sharpe Ratio is 0.65, which is lower than the HIAHX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of HGOYX and HIAHX, 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

HGOYX vs. HIAHX - Drawdown Comparison

The maximum HGOYX drawdown since its inception was -58.04%, which is greater than HIAHX's maximum drawdown of -42.85%. Use the drawdown chart below to compare losses from any high point for HGOYX and HIAHX.

Drawdown Indicators

	HGOYX	HIAHX	Difference
Max Drawdown Largest peak-to-trough decline	-58.04%	-42.85%	-15.19%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-10.77%	-6.93%
Max Drawdown (3Y) Largest decline over 3 years	-25.40%	-22.41%	-2.99%
Max Drawdown (5Y) Largest decline over 5 years	-44.98%	-25.34%	-19.64%
Max Drawdown (10Y) Largest decline over 10 years	-44.98%	-28.64%	-16.34%
Current Drawdown Current decline from peak	-7.74%	-3.28%	-4.46%
Average Drawdown Average peak-to-trough decline	-11.38%	-7.77%	-3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	3.97%	+1.67%

Volatility

HGOYX vs. HIAHX - Volatility Comparison

The Hartford Growth Opportunities Fund (HGOYX) has a higher volatility of 7.31% compared to Hartford Healthcare HLS Fund (HIAHX) at 5.56%. This indicates that HGOYX's price experiences larger fluctuations and is considered to be riskier than HIAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGOYX	HIAHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	5.56%	+1.75%
Volatility (6M) Calculated over the trailing 6-month period	17.22%	11.93%	+5.29%
Volatility (1Y) Calculated over the trailing 1-year period	20.86%	15.84%	+5.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.50%	16.08%	+9.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	17.67%	+5.93%

HGOYX vs. HIAHX - Expense Ratio Comparison

HGOYX has a 0.84% expense ratio, which is lower than HIAHX's 0.91% expense ratio.

Dividends

HGOYX vs. HIAHX - Dividend Comparison

HGOYX's dividend yield for the trailing twelve months is around 5.26%, more than HIAHX's 4.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGOYX The Hartford Growth Opportunities Fund	5.26%	5.56%	0.00%	0.00%	0.00%	20.17%	11.94%	5.50%	28.31%	8.15%	3.55%	8.46%
HIAHX Hartford Healthcare HLS Fund	4.98%	5.26%	0.80%	1.75%	28.95%	11.61%	19.34%	13.63%	7.16%	16.48%	30.28%	12.48%

Frequently Asked Questions

Can I hold both HGOYX and HIAHX in my portfolio?

HGOYX and HIAHX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HGOYX or HIAHX?

HGOYX has higher volatility (7.31%) compared to HIAHX (5.56%). In terms of maximum drawdown, HGOYX dropped -58.04% vs HIAHX's -42.85%.

Which has better risk-adjusted returns?

HIAHX currently has the higher Sharpe Ratio (1.90 vs 0.65), 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.