HGOYX vs. HUBBX

Last updated Jun 6, 2026

HGOYX (The Hartford Growth Opportunities Fund) and HUBBX (Hartford Ultrashort Bond HLS Fund) are both mutual funds - HGOYX is a Large Cap Growth Equities fund managed by Hartford, while HUBBX is a Ultrashort Bond fund managed by Hartford. Over the past 10 years, HGOYX returned 16.90%/yr vs 2.02%/yr for HUBBX. At a correlation of -0.00, they often move in opposite directions. HGOYX charges 0.84%/yr vs 0.69%/yr for HUBBX.

Performance

HGOYX vs. HUBBX - Performance Comparison

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

Returns By Period

In the year-to-date period, HGOYX achieves a 12.84% return, which is significantly higher than HUBBX's 0.97% return. Over the past 10 years, HGOYX has outperformed HUBBX with an annualized return of 16.90%, while HUBBX has yielded a comparatively lower 2.02% annualized return.

HGOYX

• 1D: -0.38%
• 1M: 5.65%
• YTD: 12.84%
• 6M: 10.41%
• 1Y: 29.57%
• 3Y*: 27.13%
• 5Y*: 11.34%
• 10Y*: 16.90%

HUBBX

• 1D: 0.00%
• 1M: 0.10%
• YTD: 0.97%
• 6M: 1.26%
• 1Y: 3.53%
• 3Y*: 4.48%
• 5Y*: 2.84%
• 10Y*: 2.02%

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

HGOYX vs. HUBBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HGOYX The Hartford Growth Opportunities Fund	12.84%	13.55%	42.30%	40.99%	-36.88%	7.60%	62.18%	30.37%	-0.67%	30.76%
HUBBX Hartford Ultrashort Bond HLS Fund	0.97%	4.32%	4.91%	4.98%	-0.50%	-0.46%	1.27%	2.55%	1.27%	0.80%

Correlation

The correlation between HGOYX and HUBBX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Oct 23, 2013	-0.00

Return for Risk

HGOYX vs. HUBBX — Risk / Return Rank

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

HGOYX

HGOYX Risk / Return Rank: 28
HGOYX Sharpe Ratio Rank: 32
HGOYX Sortino Ratio Rank: 30
HGOYX Omega Ratio Rank: 31
HGOYX Calmar Ratio Rank: 23
HGOYX Martin Ratio Rank: 24

HUBBX

HUBBX Risk / Return Rank: 99
HUBBX Sharpe Ratio Rank: 99
HUBBX Sortino Ratio Rank: 99
HUBBX Omega Ratio Rank: 99
HUBBX Calmar Ratio Rank: 99
HUBBX Martin Ratio Rank: 99

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. HUBBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund (HGOYX) and Hartford Ultrashort Bond HLS Fund (HUBBX). 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	HUBBX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	4.22	-2.65
Sortino ratio: Return per unit of downside risk	2.17	7.89	-5.72
Omega ratio: Gain probability vs. loss probability	1.27	2.76	-1.49
Calmar ratio: Return relative to maximum drawdown	1.66	11.95	-10.29
Martin ratio: Return relative to average drawdown	5.55	59.92	-54.37
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. HUBBX - Sharpe Ratio Comparison

The current HGOYX Sharpe Ratio is 1.57, which is lower than the HUBBX Sharpe Ratio of 4.22. The chart below compares the historical Sharpe Ratios of HGOYX and HUBBX, 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	HUBBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	4.22	-2.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	3.21	-2.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	2.54	-1.82
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	2.17	-1.61

Drawdowns

HGOYX vs. HUBBX - Drawdown Comparison

The maximum HGOYX drawdown since its inception was -58.04%, which is greater than HUBBX's maximum drawdown of -2.53%. Use the drawdown chart below to compare losses from any high point for HGOYX and HUBBX.

Drawdown Indicators

	HGOYX	HUBBX	Difference
Max Drawdown Largest peak-to-trough decline	-58.04%	-2.53%	-55.51%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-0.29%	-17.41%
Max Drawdown (3Y) Largest decline over 3 years	-25.40%	-0.29%	-25.11%
Max Drawdown (5Y) Largest decline over 5 years	-44.98%	-1.76%	-43.22%
Max Drawdown (10Y) Largest decline over 10 years	-44.98%	-2.53%	-42.45%
Current Drawdown Current decline from peak	-1.60%	0.00%	-1.60%
Average Drawdown Average peak-to-trough decline	-11.40%	-0.20%	-11.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.27%	0.06%	+5.21%

Volatility

HGOYX vs. HUBBX - Volatility Comparison

The Hartford Growth Opportunities Fund (HGOYX) has a higher volatility of 5.58% compared to Hartford Ultrashort Bond HLS Fund (HUBBX) at 0.24%. This indicates that HGOYX's price experiences larger fluctuations and is considered to be riskier than HUBBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HGOYX	HUBBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	0.24%	+5.34%
Volatility (6M) Calculated over the trailing 6-month period	14.58%	0.62%	+13.96%
Volatility (1Y) Calculated over the trailing 1-year period	18.69%	0.82%	+17.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.13%	0.89%	+24.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.46%	0.80%	+22.66%

HGOYX vs. HUBBX - Expense Ratio Comparison

HGOYX has a 0.84% expense ratio, which is higher than HUBBX's 0.69% expense ratio.

Dividends

HGOYX vs. HUBBX - Dividend Comparison

HGOYX's dividend yield for the trailing twelve months is around 4.93%, which matches HUBBX's 4.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGOYX The Hartford Growth Opportunities Fund	4.93%	5.56%	0.00%	0.00%	0.00%	20.17%	11.94%	5.50%	28.31%	8.15%	3.55%	8.46%
HUBBX Hartford Ultrashort Bond HLS Fund	4.90%	4.95%	4.14%	1.00%	0.00%	0.54%	2.17%	1.63%	0.86%	0.50%	0.14%	0.00%

Frequently Asked Questions

Can I hold both HGOYX and HUBBX in my portfolio?

HGOYX and HUBBX have a correlation of 0.04, 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 HUBBX?

HGOYX has higher volatility (5.58%) compared to HUBBX (0.24%). In terms of maximum drawdown, HGOYX dropped -58.04% vs HUBBX's -2.53%.

Which has better risk-adjusted returns?

HUBBX currently has the higher Sharpe Ratio (4.22 vs 1.57), 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.