Correlation
The correlation between HGOYX and VOO 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.
HGOYX vs. VOO
Compare and contrast key facts about The Hartford Growth Opportunities Fund (HGOYX) and Vanguard S&P 500 ETF (VOO).
HGOYX is managed by Hartford. It was launched on Feb 19, 2002. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HGOYX or VOO.
Performance
HGOYX vs. VOO - Performance Comparison
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Key characteristics
HGOYX:
0.51
VOO:
0.70
HGOYX:
0.90
VOO:
1.05
HGOYX:
1.12
VOO:
1.15
HGOYX:
0.57
VOO:
0.69
HGOYX:
1.75
VOO:
2.62
HGOYX:
8.24%
VOO:
4.93%
HGOYX:
27.00%
VOO:
19.55%
HGOYX:
-58.14%
VOO:
-33.99%
HGOYX:
-7.47%
VOO:
-3.45%
Returns By Period
In the year-to-date period, HGOYX achieves a -2.82% return, which is significantly lower than VOO's 1.00% return. Over the past 10 years, HGOYX has outperformed VOO with an annualized return of 13.68%, while VOO has yielded a comparatively lower 12.81% annualized return.
HGOYX
-2.82%
8.41%
-0.95%
13.75%
21.21%
13.57%
13.68%
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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HGOYX vs. VOO - Expense Ratio Comparison
HGOYX has a 0.84% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HGOYX vs. VOO — Risk-Adjusted Performance Rank
HGOYX
VOO
HGOYX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Growth Opportunities Fund (HGOYX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
HGOYX vs. VOO - Dividend Comparison
HGOYX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.29%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
HGOYX The Hartford Growth Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 20.17% | 11.94% | 5.50% | 28.31% | 8.15% | 3.55% | 8.46% | 19.25% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HGOYX vs. VOO - Drawdown Comparison
The maximum HGOYX drawdown since its inception was -58.14%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HGOYX and VOO.
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Volatility
HGOYX vs. VOO - Volatility Comparison
The Hartford Growth Opportunities Fund (HGOYX) has a higher volatility of 5.44% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that HGOYX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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