HIAGX vs. FLVCX

Last updated Aug 1, 2026

HIAGX (Hartford Disciplined Equity HLS Fund) and FLVCX (Fidelity Leveraged Company Stock Fund) are both Large Cap Blend Equities funds. Over the past 10 years, HIAGX returned 13.55%/yr vs 14.46%/yr for FLVCX. Their correlation of 0.86 means they have usually moved in the same direction. HIAGX charges 0.60%/yr vs 0.74%/yr for FLVCX.

Performance

HIAGX vs. FLVCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Disciplined Equity HLS Fund (HIAGX) and Fidelity Leveraged Company Stock Fund (FLVCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIAGX achieves a 6.60% return, which is significantly lower than FLVCX's 11.93% return. Over the past 10 years, HIAGX has underperformed FLVCX with an annualized return of 13.55%, while FLVCX has yielded a comparatively higher 14.46% annualized return.

HIAGX

• 1D: 1.44%
• 1M: -0.56%
• 6M: 5.01%
• YTD: 6.60%
• 1Y: 14.98%
• 3Y*: 16.95%
• 5Y*: 10.05%
• 10Y*: 13.55%
• ALL TIME*: 18.04%

FLVCX

• 1D: 4.22%
• 1M: -5.24%
• 6M: 8.35%
• YTD: 11.93%
• 1Y: 18.03%
• 3Y*: 21.12%
• 5Y*: 12.18%
• 10Y*: 14.46%
• ALL TIME*: 12.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLVCX Fidelity Leveraged Company Stock Fund	$0.00	$0.00	$0.00
HIAGX Hartford Disciplined Equity HLS Fund	$0.00	$0.00	$0.00

HIAGX vs. FLVCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HIAGX Hartford Disciplined Equity HLS Fund	6.60%	14.28%	25.43%	21.25%	-19.11%	25.57%	18.01%	33.94%	-2.12%	21.89%
FLVCX Fidelity Leveraged Company Stock Fund	11.93%	20.34%	26.95%	26.10%	-22.99%	26.08%	26.74%	35.60%	-16.43%	20.92%

Correlation

The correlation between HIAGX and FLVCX is 0.83, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.83
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Dec 19, 2000	0.86

The correlation between HIAGX and FLVCX has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.

Return for Risk

HIAGX vs. FLVCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HIAGX

HIAGX Risk / Return Rank: 33
HIAGX Sharpe Ratio Rank: 30
HIAGX Sortino Ratio Rank: 30
HIAGX Omega Ratio Rank: 30
HIAGX Calmar Ratio Rank: 32
HIAGX Martin Ratio Rank: 44

FLVCX

FLVCX Risk / Return Rank: 20
FLVCX Sharpe Ratio Rank: 17
FLVCX Sortino Ratio Rank: 18
FLVCX Omega Ratio Rank: 19
FLVCX Calmar Ratio Rank: 23
FLVCX Martin Ratio Rank: 26

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HIAGX vs. FLVCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Disciplined Equity HLS Fund (HIAGX) and Fidelity Leveraged Company Stock Fund (FLVCX). 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.

	HIAGX	FLVCX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	0.64	+0.42
Sortino ratio: Return per unit of downside risk	1.53	1.00	+0.53
Omega ratio: Gain probability vs. loss probability	1.19	1.13	+0.07
Calmar ratio: Return relative to maximum drawdown	1.47	1.02	+0.45
Martin ratio: Return relative to average drawdown	6.54	3.56	+2.98

HIAGX vs. FLVCX - Sharpe Ratio Comparison

The current HIAGX Sharpe Ratio is 1.06, which is higher than the FLVCX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of HIAGX and FLVCX, 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

HIAGX vs. FLVCX - Drawdown Comparison

The maximum HIAGX drawdown since its inception was -51.67%, smaller than the maximum FLVCX drawdown of -70.02%. Use the drawdown chart below to compare losses from any high point for HIAGX and FLVCX.

Drawdown Indicators

	HIAGX	FLVCX	Difference
Max Drawdown Largest peak-to-trough decline	-51.67%	-70.02%	+18.35%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-15.43%	+6.44%
Max Drawdown (3Y) Largest decline over 3 years	-17.14%	-28.54%	+11.40%
Max Drawdown (5Y) Largest decline over 5 years	-25.00%	-28.54%	+3.54%
Max Drawdown (10Y) Largest decline over 10 years	-33.87%	-44.14%	+10.27%
Current Drawdown Current decline from peak	-2.06%	-11.86%	+9.80%
Average Drawdown Average peak-to-trough decline	-11.01%	-10.96%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	4.40%	-2.39%

Volatility

HIAGX vs. FLVCX - Volatility Comparison

The current volatility for Hartford Disciplined Equity HLS Fund (HIAGX) is 3.30%, while Fidelity Leveraged Company Stock Fund (FLVCX) has a volatility of 9.30%. This indicates that HIAGX experiences smaller price fluctuations and is considered to be less risky than FLVCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIAGX	FLVCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	9.30%	-6.00%
Volatility (6M) Calculated over the trailing 6-month period	9.85%	20.60%	-10.75%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	24.58%	-12.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	23.53%	-7.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	23.61%	-6.07%

HIAGX vs. FLVCX - Expense Ratio Comparison

HIAGX has a 0.60% expense ratio, which is lower than FLVCX's 0.74% expense ratio.

Dividends

HIAGX vs. FLVCX - Dividend Comparison

HIAGX's dividend yield for the trailing twelve months is around 9.92%, more than FLVCX's 4.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLVCX Fidelity Leveraged Company Stock Fund	4.22%	4.72%	14.53%	12.19%	18.49%	8.40%	0.11%	0.10%	19.91%	18.96%	27.48%	6.18%
HIAGX Hartford Disciplined Equity HLS Fund	9.92%	10.57%	4.76%	1.39%	7.38%	4.63%	7.60%	12.48%	12.29%	12.00%	15.08%	44.72%

Frequently Asked Questions

Can I hold both HIAGX and FLVCX in my portfolio?

HIAGX and FLVCX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIAGX or FLVCX?

FLVCX has higher volatility (9.30%) compared to HIAGX (3.30%). In terms of maximum drawdown, HIAGX dropped -51.67% vs FLVCX's -70.02%.

Which has better risk-adjusted returns?

HIAGX currently has the higher Sharpe Ratio (1.06 vs 0.64), 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.