HIMCX vs. HHMIX
HIMCX (Hartford MidCap HLS Fund) and HHMIX (Hartford Municipal Opportunities Fund) are both mutual funds - HIMCX is a Mid Cap Growth Equities fund managed by Hartford, while HHMIX is a Municipal Bonds fund managed by Hartford. Over the past 10 years, HIMCX returned 7.69%/yr vs 2.08%/yr for HHMIX. Their -0.07 correlation means they have often moved in opposite directions in the past. HIMCX charges 0.69%/yr vs 0.44%/yr for HHMIX.
Performance
HIMCX vs. HHMIX - Performance Comparison
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Returns By Period
In the year-to-date period, HIMCX achieves a 2.84% return, which is significantly higher than HHMIX's 0.18% return. Over the past 10 years, HIMCX has outperformed HHMIX with an annualized return of 7.69%, while HHMIX has yielded a comparatively lower 2.08% annualized return.
HIMCX
- 1D
- 2.89%
- 1M
- -5.20%
- 6M
- 2.05%
- YTD
- 2.84%
- 1Y
- -0.41%
- 3Y*
- 3.47%
- 5Y*
- -0.94%
- 10Y*
- 7.69%
- ALL TIME*
- 18.90%
HHMIX
- 1D
- -0.24%
- 1M
- -1.66%
- 6M
- -0.81%
- YTD
- 0.18%
- 1Y
- 3.83%
- 3Y*
- 3.59%
- 5Y*
- 0.73%
- 10Y*
- 2.08%
- ALL TIME*
- 2.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
HIMCX vs. HHMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIMCX Hartford MidCap HLS Fund | 2.84% | -0.53% | 6.32% | 14.94% | -24.81% | 10.22% | 25.14% | 32.64% | -7.51% | 24.48% |
HHMIX Hartford Municipal Opportunities Fund | 0.18% | 5.70% | 2.14% | 5.92% | -8.97% | 1.73% | 4.66% | 7.89% | 1.35% | 5.74% |
Correlation
The correlation between HIMCX and HHMIX is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.04 |
Correlation (All Time) Calculated using the full available price history since May 31, 2007 | -0.07 |
The correlation between HIMCX and HHMIX shifts across timeframes, from -0.07 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HIMCX vs. HHMIX — Risk / Return Rank
HIMCX
HHMIX
HIMCX vs. HHMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford MidCap HLS Fund (HIMCX) and Hartford Municipal Opportunities Fund (HHMIX). 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.
| HIMCX | HHMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.80 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.44 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | 1.61 | -1.80 |
| Martin ratioReturn relative to average drawdown | -0.53 | 4.74 | -5.27 |
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Drawdowns
HIMCX vs. HHMIX - Drawdown Comparison
The maximum HIMCX drawdown since its inception was -50.83%, which is greater than HHMIX's maximum drawdown of -30.49%. Use the drawdown chart below to compare losses from any high point for HIMCX and HHMIX.
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Drawdown Indicators
| HIMCX | HHMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.83% | -30.49% | -20.34% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -2.81% | -13.08% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -4.03% | -22.67% |
Max Drawdown (5Y)Largest decline over 5 years | -33.51% | -13.76% | -19.75% |
Max Drawdown (10Y)Largest decline over 10 years | -38.03% | -13.76% | -24.27% |
Current DrawdownCurrent decline from peak | -8.62% | -2.02% | -6.60% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -3.86% | -6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.63% | 0.95% | +4.68% |
Volatility
HIMCX vs. HHMIX - Volatility Comparison
Hartford MidCap HLS Fund (HIMCX) has a higher volatility of 6.44% compared to Hartford Municipal Opportunities Fund (HHMIX) at 0.82%. This indicates that HIMCX's price experiences larger fluctuations and is considered to be riskier than HHMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIMCX | HHMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 0.82% | +5.62% |
Volatility (6M)Calculated over the trailing 6-month period | 16.75% | 2.09% | +14.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.35% | 2.50% | +17.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.94% | 3.35% | +18.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 3.58% | +18.02% |
HIMCX vs. HHMIX - Expense Ratio Comparison
HIMCX has a 0.69% expense ratio, which is higher than HHMIX's 0.44% expense ratio.
Dividends
HIMCX vs. HHMIX - Dividend Comparison
HIMCX's dividend yield for the trailing twelve months is around 22.20%, more than HHMIX's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHMIX Hartford Municipal Opportunities Fund | 3.19% | 4.40% | 2.72% | 2.41% | 2.28% | 1.72% | 2.17% | 2.83% | 2.86% | 2.98% | 2.77% | 3.04% |
HIMCX Hartford MidCap HLS Fund | 22.20% | 22.84% | 2.39% | 7.25% | 19.76% | 18.32% | 8.42% | 16.22% | 11.78% | 4.61% | 10.87% | 13.33% |
Frequently Asked Questions
HIMCX and HHMIX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIMCX has higher volatility (6.44%) compared to HHMIX (0.82%). In terms of maximum drawdown, HIMCX dropped -50.83% vs HHMIX's -30.49%.
HHMIX currently has the higher Sharpe Ratio (1.81 vs -0.15), 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.
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