HIADX vs. MALVX

Last updated Jul 21, 2026

HIADX (Hartford Dividend and Growth HLS Fund) and MALVX (BlackRock Advantage Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, HIADX returned 12.84%/yr vs 12.77%/yr for MALVX. Their correlation of 0.93 suggests significant overlap in exposure. HIADX charges 0.66%/yr vs 0.54%/yr for MALVX.

Performance

HIADX vs. MALVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Dividend and Growth HLS Fund (HIADX) and BlackRock Advantage Large Cap Value Fund (MALVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIADX achieves a 11.24% return, which is significantly lower than MALVX's 20.97% return. Both investments have delivered pretty close results over the past 10 years, with HIADX having a 12.84% annualized return and MALVX not far behind at 12.77%.

HIADX

• 1D: -0.62%
• 1M: 2.37%
• 6M: 8.67%
• YTD: 11.24%
• 1Y: 23.81%
• 3Y*: 15.85%
• 5Y*: 11.34%
• 10Y*: 12.84%
• ALL TIME*: 17.16%

MALVX

• 1D: -0.40%
• 1M: 2.05%
• 6M: 16.81%
• YTD: 20.97%
• 1Y: 35.20%
• 3Y*: 20.57%
• 5Y*: 13.09%
• 10Y*: 12.77%
• ALL TIME*: 9.16%

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

HIADX vs. MALVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HIADX Hartford Dividend and Growth HLS Fund	11.24%	17.35%	12.78%	14.23%	-9.23%	32.06%	7.67%	28.38%	-5.52%	18.35%
MALVX BlackRock Advantage Large Cap Value Fund	20.97%	18.38%	15.39%	13.74%	-8.68%	26.51%	3.91%	24.74%	-7.74%	15.82%

Correlation

The correlation between HIADX and MALVX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Dec 22, 1999	0.93

The correlation between HIADX and MALVX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

Return for Risk

HIADX vs. MALVX — Risk / Return Rank

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

HIADX

HIADX Risk / Return Rank: 82
HIADX Sharpe Ratio Rank: 83
HIADX Sortino Ratio Rank: 80
HIADX Omega Ratio Rank: 79
HIADX Calmar Ratio Rank: 81
HIADX Martin Ratio Rank: 88

MALVX

MALVX Risk / Return Rank: 95
MALVX Sharpe Ratio Rank: 98
MALVX Sortino Ratio Rank: 94
MALVX Omega Ratio Rank: 90
MALVX Calmar Ratio Rank: 97
MALVX Martin Ratio Rank: 98

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.

HIADX vs. MALVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dividend and Growth HLS Fund (HIADX) and BlackRock Advantage Large Cap Value Fund (MALVX). 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.

	HIADX	MALVX	Difference
Sharpe ratio: Return per unit of total volatility	2.17	3.15	-0.98
Sortino ratio: Return per unit of downside risk	3.05	4.41	-1.36
Omega ratio: Gain probability vs. loss probability	1.39	1.58	-0.19
Calmar ratio: Return relative to maximum drawdown	2.97	5.42	-2.45
Martin ratio: Return relative to average drawdown	12.99	24.68	-11.69

HIADX vs. MALVX - Sharpe Ratio Comparison

The current HIADX Sharpe Ratio is 2.17, which is lower than the MALVX Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of HIADX and MALVX, 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

HIADX vs. MALVX - Drawdown Comparison

The maximum HIADX drawdown since its inception was -51.66%, smaller than the maximum MALVX drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for HIADX and MALVX.

Drawdown Indicators

	HIADX	MALVX	Difference
Max Drawdown Largest peak-to-trough decline	-51.66%	-55.21%	+3.55%
Max Drawdown (1Y) Largest decline over 1 year	-7.99%	-6.53%	-1.46%
Max Drawdown (3Y) Largest decline over 3 years	-13.64%	-16.13%	+2.49%
Max Drawdown (5Y) Largest decline over 5 years	-19.40%	-19.73%	+0.33%
Max Drawdown (10Y) Largest decline over 10 years	-35.64%	-37.12%	+1.48%
Current Drawdown Current decline from peak	-0.63%	-0.40%	-0.23%
Average Drawdown Average peak-to-trough decline	-7.15%	-8.71%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	1.43%	+0.39%

Volatility

HIADX vs. MALVX - Volatility Comparison

The current volatility for Hartford Dividend and Growth HLS Fund (HIADX) is 2.66%, while BlackRock Advantage Large Cap Value Fund (MALVX) has a volatility of 3.12%. This indicates that HIADX experiences smaller price fluctuations and is considered to be less risky than MALVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIADX	MALVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	3.12%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	8.36%	8.94%	-0.58%
Volatility (1Y) Calculated over the trailing 1-year period	10.92%	11.23%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.18%	14.81%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	17.24%	-0.46%

HIADX vs. MALVX - Expense Ratio Comparison

HIADX has a 0.66% expense ratio, which is higher than MALVX's 0.54% expense ratio.

Dividends

HIADX vs. MALVX - Dividend Comparison

HIADX's dividend yield for the trailing twelve months is around 16.83%, more than MALVX's 3.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HIADX Hartford Dividend and Growth HLS Fund	16.83%	18.72%	9.10%	10.50%	14.03%	5.91%	6.55%	14.16%	14.98%	8.53%	14.00%	18.67%
MALVX BlackRock Advantage Large Cap Value Fund	3.49%	9.23%	14.33%	2.84%	5.96%	17.48%	1.68%	3.92%	12.95%	0.43%	1.38%	1.01%

Frequently Asked Questions

Can I hold both HIADX and MALVX in my portfolio?

With a correlation of 0.91, HIADX and MALVX 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, HIADX or MALVX?

MALVX has higher volatility (3.12%) compared to HIADX (2.66%). In terms of maximum drawdown, HIADX dropped -51.66% vs MALVX's -55.21%.

Which has better risk-adjusted returns?

MALVX currently has the higher Sharpe Ratio (3.15 vs 2.17), 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.