HIPAX vs. VCTPX
HIPAX (Hartford Inflation Plus Fund) and VCTPX (VALIC Company I Inflation Protected Fund) are both Inflation-Protected Bonds funds. Over the past 10 years, HIPAX returned 2.39%/yr vs 2.15%/yr for VCTPX. Their correlation of 0.89 means they have usually moved in the same direction. HIPAX charges 0.84%/yr vs 0.52%/yr for VCTPX.
Performance
HIPAX vs. VCTPX - Performance Comparison
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Returns By Period
In the year-to-date period, HIPAX achieves a 0.06% return, which is significantly lower than VCTPX's 0.84% return. Over the past 10 years, HIPAX has outperformed VCTPX with an annualized return of 2.39%, while VCTPX has yielded a comparatively lower 2.15% annualized return.
HIPAX
- 1D
- -0.10%
- 1M
- 0.01%
- 6M
- -0.52%
- YTD
- 0.06%
- 1Y
- 1.75%
- 3Y*
- 3.74%
- 5Y*
- 0.86%
- 10Y*
- 2.39%
- ALL TIME*
- 3.37%
VCTPX
- 1D
- -0.11%
- 1M
- -0.91%
- 6M
- 0.50%
- YTD
- 0.84%
- 1Y
- 2.57%
- 3Y*
- 2.81%
- 5Y*
- 0.24%
- 10Y*
- 2.15%
- ALL TIME*
- 1.38%
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 |
HIPAX vs. VCTPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIPAX Hartford Inflation Plus Fund | 0.06% | 6.79% | 1.72% | 4.40% | -8.90% | 4.85% | 9.20% | 6.63% | -1.34% | 1.83% |
VCTPX VALIC Company I Inflation Protected Fund | 0.84% | 4.22% | 1.15% | 4.03% | -10.23% | 5.10% | 8.76% | 8.66% | -3.13% | 4.86% |
Correlation
The correlation between HIPAX and VCTPX 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. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2004 | 0.89 |
The correlation between HIPAX and VCTPX has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.
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Return for Risk
HIPAX vs. VCTPX — Risk / Return Rank
HIPAX
VCTPX
HIPAX vs. VCTPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Inflation Plus Fund (HIPAX) and VALIC Company I Inflation Protected Fund (VCTPX). 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.
| HIPAX | VCTPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 1.67 | -0.55 |
| Martin ratioReturn relative to average drawdown | 3.02 | 4.15 | -1.13 |
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Drawdowns
HIPAX vs. VCTPX - Drawdown Comparison
The maximum HIPAX drawdown since its inception was -13.92%, smaller than the maximum VCTPX drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for HIPAX and VCTPX.
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Drawdown Indicators
| HIPAX | VCTPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.92% | -17.48% | +3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | -1.84% | -0.27% |
Max Drawdown (3Y)Largest decline over 3 years | -3.31% | -5.19% | +1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -11.61% | -12.81% | +1.20% |
Max Drawdown (10Y)Largest decline over 10 years | -11.61% | -12.81% | +1.20% |
Current DrawdownCurrent decline from peak | -1.74% | -1.47% | -0.27% |
Average DrawdownAverage peak-to-trough decline | -3.77% | -5.80% | +2.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 0.74% | +0.04% |
Volatility
HIPAX vs. VCTPX - Volatility Comparison
Hartford Inflation Plus Fund (HIPAX) and VALIC Company I Inflation Protected Fund (VCTPX) have volatilities of 0.70% and 0.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIPAX | VCTPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 0.69% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.34% | 2.26% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.91% | 3.02% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.07% | 5.60% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.32% | 4.87% | -0.55% |
HIPAX vs. VCTPX - Expense Ratio Comparison
HIPAX has a 0.84% expense ratio, which is higher than VCTPX's 0.52% expense ratio.
Dividends
HIPAX vs. VCTPX - Dividend Comparison
HIPAX's dividend yield for the trailing twelve months is around 3.69%, more than VCTPX's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HIPAX Hartford Inflation Plus Fund | 3.69% | 3.10% | 2.71% | 2.97% | 6.00% | 2.82% | 1.61% | 1.73% | 3.79% | 4.63% | 1.18% |
VCTPX VALIC Company I Inflation Protected Fund | 2.59% | 0.00% | 13.97% | 13.35% | 8.00% | 1.86% | 2.20% | 1.63% | 1.98% | 0.39% | 0.00% |
Frequently Asked Questions
HIPAX and VCTPX 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.
HIPAX has higher volatility (0.70%) compared to VCTPX (0.69%). In terms of maximum drawdown, HIPAX dropped -13.92% vs VCTPX's -17.48%.
VCTPX currently has the higher Sharpe Ratio (1.01 vs 0.81), 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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