HGOYX vs. OLGAX
Compare and contrast key facts about The Hartford Growth Opportunities Fund (HGOYX) and JPMorgan Large Cap Growth Fund Class A (OLGAX).
HGOYX is managed by Hartford. It was launched on Feb 19, 2002. OLGAX is managed by JPMorgan Chase. It was launched on Feb 28, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOYX or OLGAX.
Key characteristics
| HGOYX | OLGAX | |
|---|---|---|
| YTD Return | 26.21% | 24.27% |
| 1Y Return | 36.62% | 32.68% |
| 3Y Return (Ann) | 2.59% | 8.66% |
| 5Y Return (Ann) | 15.61% | 19.77% |
| 10Y Return (Ann) | 14.38% | 16.41% |
| Sharpe Ratio | 1.85 | 1.78 |
| Daily Std Dev | 20.12% | 18.70% |
| Max Drawdown | -58.14% | -64.30% |
| Current Drawdown | -8.56% | -3.91% |
Correlation
The correlation between HGOYX and OLGAX is 0.94, 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.
Performance
HGOYX vs. OLGAX - Performance Comparison
In the year-to-date period, HGOYX achieves a 26.21% return, which is significantly higher than OLGAX's 24.27% return. Over the past 10 years, HGOYX has underperformed OLGAX with an annualized return of 14.38%, while OLGAX has yielded a comparatively higher 16.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HGOYX vs. OLGAX - Expense Ratio Comparison
HGOYX has a 0.84% expense ratio, which is lower than OLGAX's 1.01% expense ratio.
Risk-Adjusted Performance
HGOYX vs. OLGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund (HGOYX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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.
Dividends
HGOYX vs. OLGAX - Dividend Comparison
Neither HGOYX nor OLGAX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HGOYX The Hartford Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 20.17% | 11.94% | 5.50% | 28.31% | 8.15% | 3.55% | 8.46% | 19.25% | 3.58% |
OLGAX JPMorgan Large Cap Growth Fund Class A | 0.00% | 0.00% | 3.20% | 15.30% | 5.32% | 13.03% | 16.18% | 14.92% | 9.94% | 0.00% | 1.80% | 0.00% |
Drawdowns
HGOYX vs. OLGAX - Drawdown Comparison
The maximum HGOYX drawdown since its inception was -58.14%, smaller than the maximum OLGAX drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for HGOYX and OLGAX. For additional features, visit the drawdowns tool.
Volatility
HGOYX vs. OLGAX - Volatility Comparison
The Hartford Growth Opportunities Fund (HGOYX) has a higher volatility of 7.16% compared to JPMorgan Large Cap Growth Fund Class A (OLGAX) at 6.17%. This indicates that HGOYX's price experiences larger fluctuations and is considered to be riskier than OLGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.