HLDIX vs. HILYX
HLDIX (Hartford Emerging Markets Local Debt Fund) and HILYX (Hartford International Value Fund) are both mutual funds - HLDIX is a Emerging Markets Bonds fund managed by Hartford, while HILYX is a Foreign Large Cap Equities fund managed by Hartford. Over the past 10 years, HLDIX returned 2.58%/yr vs 11.48%/yr for HILYX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. HLDIX charges 0.93%/yr vs 0.91%/yr for HILYX.
Performance
HLDIX vs. HILYX - Performance Comparison
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Returns By Period
In the year-to-date period, HLDIX achieves a 0.77% return, which is significantly lower than HILYX's 17.69% return. Over the past 10 years, HLDIX has underperformed HILYX with an annualized return of 2.58%, while HILYX has yielded a comparatively higher 11.48% annualized return.
HLDIX
- 1D
- 0.00%
- 1M
- 0.02%
- 6M
- -1.98%
- YTD
- 0.77%
- 1Y
- 6.84%
- 3Y*
- 5.70%
- 5Y*
- 2.07%
- 10Y*
- 2.58%
- ALL TIME*
- 1.37%
HILYX
- 1D
- 0.55%
- 1M
- 5.53%
- 6M
- 9.32%
- YTD
- 17.69%
- 1Y
- 32.77%
- 3Y*
- 21.69%
- 5Y*
- 15.10%
- 10Y*
- 11.48%
- ALL TIME*
- 10.73%
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 |
HLDIX vs. HILYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLDIX Hartford Emerging Markets Local Debt Fund | 0.77% | 17.02% | -3.14% | 12.88% | -10.85% | -6.83% | 3.12% | 14.37% | -8.21% | 16.95% |
HILYX Hartford International Value Fund | 17.69% | 44.76% | 0.28% | 19.84% | -2.28% | 18.79% | -5.94% | 18.28% | -17.74% | 24.91% |
Correlation
The correlation between HLDIX and HILYX is 0.74, 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. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.63 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.60 |
The correlation between HLDIX and HILYX shifts across timeframes, from 0.58 (10 years) to 0.74 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HLDIX vs. HILYX — Risk / Return Rank
HLDIX
HILYX
HLDIX vs. HILYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Emerging Markets Local Debt Fund (HLDIX) and Hartford International Value Fund (HILYX). 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.
| HLDIX | HILYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.45 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 3.04 | -1.99 |
| Martin ratioReturn relative to average drawdown | 2.97 | 11.75 | -8.78 |
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Drawdowns
HLDIX vs. HILYX - Drawdown Comparison
The maximum HLDIX drawdown since its inception was -30.40%, smaller than the maximum HILYX drawdown of -48.29%. Use the drawdown chart below to compare losses from any high point for HLDIX and HILYX.
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Drawdown Indicators
| HLDIX | HILYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.40% | -48.29% | +17.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.02% | -11.31% | +4.29% |
Max Drawdown (3Y)Largest decline over 3 years | -8.74% | -14.04% | +5.30% |
Max Drawdown (5Y)Largest decline over 5 years | -24.29% | -25.58% | +1.29% |
Max Drawdown (10Y)Largest decline over 10 years | -26.18% | -48.29% | +22.11% |
Current DrawdownCurrent decline from peak | -3.22% | -0.44% | -2.78% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -8.10% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 2.92% | -0.46% |
Volatility
HLDIX vs. HILYX - Volatility Comparison
The current volatility for Hartford Emerging Markets Local Debt Fund (HLDIX) is 1.55%, while Hartford International Value Fund (HILYX) has a volatility of 3.72%. This indicates that HLDIX experiences smaller price fluctuations and is considered to be less risky than HILYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLDIX | HILYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 3.72% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 5.70% | 11.81% | -6.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.56% | 14.08% | -7.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.48% | 15.15% | -7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.32% | 16.78% | -8.46% |
HLDIX vs. HILYX - Expense Ratio Comparison
HLDIX has a 0.93% expense ratio, which is higher than HILYX's 0.91% expense ratio.
Dividends
HLDIX vs. HILYX - Dividend Comparison
HLDIX's dividend yield for the trailing twelve months is around 4.39%, less than HILYX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HILYX Hartford International Value Fund | 4.93% | 5.80% | 0.00% | 2.67% | 2.84% | 3.22% | 2.08% | 3.05% | 8.24% | 6.97% | 5.23% | 3.55% |
HLDIX Hartford Emerging Markets Local Debt Fund | 4.39% | 3.87% | 5.32% | 4.85% | 4.27% | 4.67% | 4.06% | 5.01% | 7.88% | 27.01% | 5.01% | 5.91% |
Frequently Asked Questions
HLDIX and HILYX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HILYX has higher volatility (3.72%) compared to HLDIX (1.55%). In terms of maximum drawdown, HLDIX dropped -30.40% vs HILYX's -48.29%.
HILYX currently has the higher Sharpe Ratio (2.45 vs 1.12), 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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