HILAX vs. SWRLX

Last updated Aug 1, 2026

HILAX (Hartford International Value Fund Class A) and SWRLX (Touchstone International Equity Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, HILAX returned 11.29%/yr vs 10.60%/yr for SWRLX. Their correlation of 0.88 means they have usually moved in the same direction. HILAX charges 1.18%/yr vs 1.37%/yr for SWRLX.

Performance

HILAX vs. SWRLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford International Value Fund Class A (HILAX) and Touchstone International Equity Fund (SWRLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HILAX achieves a 18.10% return, which is significantly lower than SWRLX's 21.39% return. Over the past 10 years, HILAX has outperformed SWRLX with an annualized return of 11.29%, while SWRLX has yielded a comparatively lower 10.60% annualized return.

HILAX

• 1D: 2.16%
• 1M: 6.03%
• 6M: 11.23%
• YTD: 18.10%
• 1Y: 34.49%
• 3Y*: 20.68%
• 5Y*: 15.13%
• 10Y*: 11.29%
• ALL TIME*: 10.27%

SWRLX

• 1D: 2.18%
• 1M: 0.70%
• 6M: 12.44%
• YTD: 21.39%
• 1Y: 45.70%
• 3Y*: 23.29%
• 5Y*: 13.08%
• 10Y*: 10.60%
• ALL TIME*: 7.51%

*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)
HILAX Hartford International Value Fund Class A	$0.00	$0.00	$0.00
SWRLX Touchstone International Equity Fund	$0.00	$0.00	$0.00

HILAX vs. SWRLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HILAX Hartford International Value Fund Class A	18.10%	44.31%	0.11%	19.55%	-2.58%	18.46%	-6.29%	17.94%	-17.98%	24.35%
SWRLX Touchstone International Equity Fund	21.39%	53.78%	-1.53%	17.63%	-11.02%	3.86%	7.47%	25.87%	-16.81%	27.24%

Correlation

The correlation between HILAX and SWRLX is 0.88, 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.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010	0.88

The correlation between HILAX and SWRLX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

HILAX vs. SWRLX — Risk / Return Rank

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

HILAX

HILAX Risk / Return Rank: 88
HILAX Sharpe Ratio Rank: 92
HILAX Sortino Ratio Rank: 89
HILAX Omega Ratio Rank: 87
HILAX Calmar Ratio Rank: 85
HILAX Martin Ratio Rank: 87

SWRLX

SWRLX Risk / Return Rank: 94
SWRLX Sharpe Ratio Rank: 97
SWRLX Sortino Ratio Rank: 93
SWRLX Omega Ratio Rank: 92
SWRLX Calmar Ratio Rank: 94
SWRLX Martin Ratio Rank: 93

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.

HILAX vs. SWRLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford International Value Fund Class A (HILAX) and Touchstone International Equity Fund (SWRLX). 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.

	HILAX	SWRLX	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.84	-0.44
Sortino ratio: Return per unit of downside risk	3.34	3.65	-0.31
Omega ratio: Gain probability vs. loss probability	1.44	1.52	-0.07
Calmar ratio: Return relative to maximum drawdown	2.97	3.88	-0.91
Martin ratio: Return relative to average drawdown	11.46	13.62	-2.16

HILAX vs. SWRLX - Sharpe Ratio Comparison

The current HILAX Sharpe Ratio is 2.40, which is comparable to the SWRLX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of HILAX and SWRLX, 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

HILAX vs. SWRLX - Drawdown Comparison

The maximum HILAX drawdown since its inception was -48.61%, smaller than the maximum SWRLX drawdown of -59.44%. Use the drawdown chart below to compare losses from any high point for HILAX and SWRLX.

Drawdown Indicators

	HILAX	SWRLX	Difference
Max Drawdown Largest peak-to-trough decline	-48.61%	-59.44%	+10.83%
Max Drawdown (1Y) Largest decline over 1 year	-11.34%	-11.49%	+0.15%
Max Drawdown (3Y) Largest decline over 3 years	-14.05%	-14.08%	+0.03%
Max Drawdown (5Y) Largest decline over 5 years	-25.67%	-34.19%	+8.52%
Max Drawdown (10Y) Largest decline over 10 years	-48.61%	-35.95%	-12.66%
Current Drawdown Current decline from peak	0.00%	-2.56%	+2.56%
Average Drawdown Average peak-to-trough decline	-8.33%	-11.58%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	3.27%	-0.34%

Volatility

HILAX vs. SWRLX - Volatility Comparison

The current volatility for Hartford International Value Fund Class A (HILAX) is 4.06%, while Touchstone International Equity Fund (SWRLX) has a volatility of 5.46%. This indicates that HILAX experiences smaller price fluctuations and is considered to be less risky than SWRLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HILAX	SWRLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	5.46%	-1.40%
Volatility (6M) Calculated over the trailing 6-month period	11.75%	13.85%	-2.10%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	15.77%	-1.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	17.67%	-2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	16.65%	+0.12%

HILAX vs. SWRLX - Expense Ratio Comparison

HILAX has a 1.18% expense ratio, which is lower than SWRLX's 1.37% expense ratio.

Dividends

HILAX vs. SWRLX - Dividend Comparison

HILAX's dividend yield for the trailing twelve months is around 4.91%, less than SWRLX's 6.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HILAX Hartford International Value Fund Class A	4.91%	5.80%	0.00%	2.52%	2.66%	3.03%	1.18%	2.83%	8.06%	6.75%	4.86%	3.25%
SWRLX Touchstone International Equity Fund	6.29%	7.63%	10.53%	1.36%	1.56%	14.95%	0.46%	9.10%	15.19%	3.61%	0.66%	3.76%

Frequently Asked Questions

Can I hold both HILAX and SWRLX in my portfolio?

HILAX and SWRLX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HILAX or SWRLX?

SWRLX has higher volatility (5.46%) compared to HILAX (4.06%). In terms of maximum drawdown, HILAX dropped -48.61% vs SWRLX's -59.44%.

Which has better risk-adjusted returns?

SWRLX currently has the higher Sharpe Ratio (2.84 vs 2.40), 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.