HMDYX vs. HMVYX
Compare and contrast key facts about The Hartford MidCap Fund (HMDYX) and Hartford MidCap Value Fund (HMVYX).
HMDYX is managed by Hartford. It was launched on Dec 31, 1997. HMVYX is managed by Hartford. It was launched on Apr 30, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMDYX or HMVYX.
Key characteristics
| HMDYX | HMVYX | |
|---|---|---|
| YTD Return | 2.31% | 10.96% |
| 1Y Return | 11.44% | 20.44% |
| 3Y Return (Ann) | -2.98% | 9.44% |
| 5Y Return (Ann) | 5.10% | 10.52% |
| 10Y Return (Ann) | 7.31% | 7.35% |
| Sharpe Ratio | 0.59 | 1.28 |
| Daily Std Dev | 16.94% | 15.18% |
| Max Drawdown | -50.76% | -62.75% |
| Current Drawdown | -13.29% | -0.25% |
Correlation
The correlation between HMDYX and HMVYX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HMDYX vs. HMVYX - Performance Comparison
In the year-to-date period, HMDYX achieves a 2.31% return, which is significantly lower than HMVYX's 10.96% return. Both investments have delivered pretty close results over the past 10 years, with HMDYX having a 7.31% annualized return and HMVYX not far ahead at 7.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HMDYX vs. HMVYX - Expense Ratio Comparison
HMDYX has a 0.79% expense ratio, which is lower than HMVYX's 0.88% expense ratio.
Risk-Adjusted Performance
HMDYX vs. HMVYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford MidCap Fund (HMDYX) and Hartford MidCap Value Fund (HMVYX). 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.
Dividends
HMDYX vs. HMVYX - Dividend Comparison
HMDYX's dividend yield for the trailing twelve months is around 1.69%, less than HMVYX's 5.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMDYX The Hartford MidCap Fund | 1.69% | 1.73% | 7.40% | 10.29% | 9.17% | 4.30% | 11.42% | 3.95% | 2.61% | 0.00% | 9.25% | 7.07% |
HMVYX Hartford MidCap Value Fund | 5.80% | 6.43% | 10.05% | 6.82% | 0.57% | 2.95% | 12.94% | 2.53% | 7.04% | 0.51% | 12.28% | 9.30% |
Drawdowns
HMDYX vs. HMVYX - Drawdown Comparison
The maximum HMDYX drawdown since its inception was -50.76%, smaller than the maximum HMVYX drawdown of -62.75%. Use the drawdown chart below to compare losses from any high point for HMDYX and HMVYX. For additional features, visit the drawdowns tool.
Volatility
HMDYX vs. HMVYX - Volatility Comparison
The Hartford MidCap Fund (HMDYX) has a higher volatility of 5.18% compared to Hartford MidCap Value Fund (HMVYX) at 4.15%. This indicates that HMDYX's price experiences larger fluctuations and is considered to be riskier than HMVYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.