HMVYX vs. PVMIX
HMVYX (Hartford MidCap Value Fund) and PVMIX (Principal MidCap Value Fund I) are both Mid Cap Value Equities funds. Over the past 10 years, HMVYX returned 9.92%/yr vs 12.71%/yr for PVMIX. Their 0.96 correlation means they have historically moved very closely together. HMVYX charges 0.88%/yr vs 0.69%/yr for PVMIX.
Performance
HMVYX vs. PVMIX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with HMVYX having a 16.83% return and PVMIX slightly lower at 16.66%. Over the past 10 years, HMVYX has underperformed PVMIX with an annualized return of 9.92%, while PVMIX has yielded a comparatively higher 12.71% annualized return.
HMVYX
- 1D
- 1.40%
- 1M
- -0.95%
- 6M
- 10.20%
- YTD
- 16.83%
- 1Y
- 22.18%
- 3Y*
- 11.88%
- 5Y*
- 9.88%
- 10Y*
- 9.92%
- ALL TIME*
- 9.13%
PVMIX
- 1D
- 0.62%
- 1M
- 1.64%
- 6M
- 9.66%
- YTD
- 16.66%
- 1Y
- 20.35%
- 3Y*
- 19.94%
- 5Y*
- 12.99%
- 10Y*
- 12.71%
- ALL TIME*
- 10.84%
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 |
HMVYX vs. PVMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HMVYX Hartford MidCap Value Fund | 16.83% | 4.58% | 10.25% | 16.17% | -7.77% | 28.41% | 0.51% | 33.72% | -14.61% | 13.37% |
PVMIX Principal MidCap Value Fund I | 16.66% | 6.09% | 33.38% | 11.04% | -5.95% | 30.97% | 6.50% | 26.69% | -11.07% | 14.63% |
Correlation
The correlation between HMVYX and PVMIX is 0.94, 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. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2003 | 0.96 |
The correlation between HMVYX and PVMIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
HMVYX vs. PVMIX — Risk / Return Rank
HMVYX
PVMIX
HMVYX vs. PVMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford MidCap Value Fund (HMVYX) and Principal MidCap Value Fund I (PVMIX). 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.
| HMVYX | PVMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.98 | -0.26 |
| Martin ratioReturn relative to average drawdown | 9.37 | 10.73 | -1.36 |
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Drawdowns
HMVYX vs. PVMIX - Drawdown Comparison
The maximum HMVYX drawdown since its inception was -62.75%, which is greater than PVMIX's maximum drawdown of -56.76%. Use the drawdown chart below to compare losses from any high point for HMVYX and PVMIX.
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Drawdown Indicators
| HMVYX | PVMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.75% | -56.76% | -5.99% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | -7.37% | -1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -22.52% | -16.78% | -5.74% |
Max Drawdown (5Y)Largest decline over 5 years | -22.52% | -17.05% | -5.47% |
Max Drawdown (10Y)Largest decline over 10 years | -44.47% | -41.34% | -3.13% |
Current DrawdownCurrent decline from peak | -0.95% | -0.39% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -6.79% | -2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.04% | +0.49% |
Volatility
HMVYX vs. PVMIX - Volatility Comparison
Hartford MidCap Value Fund (HMVYX) has a higher volatility of 3.92% compared to Principal MidCap Value Fund I (PVMIX) at 2.24%. This indicates that HMVYX's price experiences larger fluctuations and is considered to be riskier than PVMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HMVYX | PVMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 2.24% | +1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 10.99% | 8.36% | +2.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.78% | 11.74% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.18% | 18.10% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.56% | 19.14% | +1.42% |
HMVYX vs. PVMIX - Expense Ratio Comparison
HMVYX has a 0.88% expense ratio, which is higher than PVMIX's 0.69% expense ratio.
Dividends
HMVYX vs. PVMIX - Dividend Comparison
HMVYX's dividend yield for the trailing twelve months is around 3.68%, less than PVMIX's 6.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMVYX Hartford MidCap Value Fund | 3.68% | 4.30% | 11.36% | 6.44% | 10.05% | 6.82% | 0.57% | 5.05% | 12.94% | 2.53% | 7.04% | 8.09% |
PVMIX Principal MidCap Value Fund I | 6.19% | 7.22% | 33.98% | 4.63% | 7.12% | 11.44% | 1.38% | 5.11% | 13.23% | 6.92% | 1.58% | 11.19% |
Frequently Asked Questions
With a correlation of 0.94, HMVYX and PVMIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HMVYX has higher volatility (3.92%) compared to PVMIX (2.24%). In terms of maximum drawdown, HMVYX dropped -62.75% vs PVMIX's -56.76%.
PVMIX currently has the higher Sharpe Ratio (1.88 vs 1.61), 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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