HIAGX vs. SEMNX

Last updated Aug 1, 2026

HIAGX (Hartford Disciplined Equity HLS Fund) and SEMNX (Hartford Schroders Emerging Markets Equity Fund Class I) are both mutual funds - HIAGX is a Large Cap Blend Equities fund managed by Hartford, while SEMNX is a Emerging Markets Equities fund managed by Hartford. Over the past 10 years, HIAGX returned 13.55%/yr vs 9.97%/yr for SEMNX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. HIAGX charges 0.60%/yr vs 1.23%/yr for SEMNX.

Performance

HIAGX vs. SEMNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Disciplined Equity HLS Fund (HIAGX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). 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 SEMNX's 19.30% return. Over the past 10 years, HIAGX has outperformed SEMNX with an annualized return of 13.55%, while SEMNX has yielded a comparatively lower 9.97% 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%

SEMNX

• 1D: 4.70%
• 1M: -4.73%
• 6M: 8.95%
• YTD: 19.30%
• 1Y: 46.00%
• 3Y*: 20.34%
• 5Y*: 7.44%
• 10Y*: 9.97%
• ALL TIME*: 6.15%

*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)
HIAGX Hartford Disciplined Equity HLS Fund	$0.00	$0.00	$0.00
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	$0.00	$0.00	$0.00

HIAGX vs. SEMNX - 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%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	19.30%	40.36%	7.56%	8.80%	-22.30%	-5.11%	23.58%	22.12%	-15.57%	40.87%

Correlation

The correlation between HIAGX and SEMNX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.62
Correlation (10Y) Provides a long-term view across more market conditions.	0.65
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.68

The correlation between HIAGX and SEMNX has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.

Return for Risk

HIAGX vs. SEMNX — 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

SEMNX

SEMNX Risk / Return Rank: 71
SEMNX Sharpe Ratio Rank: 70
SEMNX Sortino Ratio Rank: 61
SEMNX Omega Ratio Rank: 72
SEMNX Calmar Ratio Rank: 80
SEMNX Martin Ratio Rank: 72

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. SEMNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Disciplined Equity HLS Fund (HIAGX) and Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX). 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	SEMNX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.65	-0.59
Sortino ratio: Return per unit of downside risk	1.53	2.12	-0.60
Omega ratio: Gain probability vs. loss probability	1.19	1.31	-0.12
Calmar ratio: Return relative to maximum drawdown	1.47	2.63	-1.16
Martin ratio: Return relative to average drawdown	6.54	8.75	-2.21

HIAGX vs. SEMNX - Sharpe Ratio Comparison

The current HIAGX Sharpe Ratio is 1.06, which is lower than the SEMNX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of HIAGX and SEMNX, 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. SEMNX - Drawdown Comparison

The maximum HIAGX drawdown since its inception was -51.67%, smaller than the maximum SEMNX drawdown of -65.10%. Use the drawdown chart below to compare losses from any high point for HIAGX and SEMNX.

Drawdown Indicators

	HIAGX	SEMNX	Difference
Max Drawdown Largest peak-to-trough decline	-51.67%	-65.10%	+13.43%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-16.43%	+7.44%
Max Drawdown (3Y) Largest decline over 3 years	-17.14%	-16.67%	-0.47%
Max Drawdown (5Y) Largest decline over 5 years	-25.00%	-37.78%	+12.78%
Max Drawdown (10Y) Largest decline over 10 years	-33.87%	-42.47%	+8.60%
Current Drawdown Current decline from peak	-2.06%	-12.50%	+10.44%
Average Drawdown Average peak-to-trough decline	-11.01%	-17.17%	+6.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	4.93%	-2.92%

Volatility

HIAGX vs. SEMNX - Volatility Comparison

The current volatility for Hartford Disciplined Equity HLS Fund (HIAGX) is 3.30%, while Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) has a volatility of 11.43%. This indicates that HIAGX experiences smaller price fluctuations and is considered to be less risky than SEMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIAGX	SEMNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	11.43%	-8.13%
Volatility (6M) Calculated over the trailing 6-month period	9.85%	24.10%	-14.25%
Volatility (1Y) Calculated over the trailing 1-year period	12.46%	26.19%	-13.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	19.59%	-3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	19.30%	-1.76%

HIAGX vs. SEMNX - Expense Ratio Comparison

HIAGX has a 0.60% expense ratio, which is lower than SEMNX's 1.23% expense ratio.

Dividends

HIAGX vs. SEMNX - Dividend Comparison

HIAGX's dividend yield for the trailing twelve months is around 9.92%, more than SEMNX's 1.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	1.32%	1.58%	1.16%	1.33%	1.86%	1.21%	0.77%	2.17%	1.22%	0.82%	0.94%	0.94%

Frequently Asked Questions

Can I hold both HIAGX and SEMNX in my portfolio?

HIAGX and SEMNX have a correlation of 0.70, 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 SEMNX?

SEMNX has higher volatility (11.43%) compared to HIAGX (3.30%). In terms of maximum drawdown, HIAGX dropped -51.67% vs SEMNX's -65.10%.

Which has better risk-adjusted returns?

SEMNX currently has the higher Sharpe Ratio (1.65 vs 1.06), 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.