HQGO vs. AVUS

Last updated Jun 4, 2026

HQGO (Hartford US Quality Growth ETF) and AVUS (Avantis U.S. Equity ETF) are both exchange-traded funds - HQGO is a Large Cap Growth Equities fund tracking the Hartford US Quality Growth Index - Benchmark TR Gross, while AVUS is a Large Cap Blend Equities fund actively managed by American Century. HQGO is passively managed, while AVUS is actively managed. Over the past year, HQGO returned 25.94% vs 32.34% for AVUS. Their correlation of 0.91 suggests significant overlap in exposure. HQGO charges 0.34%/yr vs 0.15%/yr for AVUS.

Performance

HQGO vs. AVUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford US Quality Growth ETF (HQGO) and Avantis U.S. Equity ETF (AVUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HQGO achieves a 10.17% return, which is significantly lower than AVUS's 14.42% return.

HQGO

• 1D: -0.57%
• 1M: 5.79%
• YTD: 10.17%
• 6M: 9.44%
• 1Y: 25.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVUS

• 1D: -0.46%
• 1M: 4.77%
• YTD: 14.42%
• 6M: 14.71%
• 1Y: 32.34%
• 3Y*: 22.35%
• 5Y*: 13.04%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HQGO vs. AVUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HQGO Hartford US Quality Growth ETF	10.17%	15.15%	25.09%	6.12%
AVUS Avantis U.S. Equity ETF	14.42%	16.68%	20.43%	6.07%

Correlation

The correlation between HQGO and AVUS is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 7, 2023	0.91

The correlation between HQGO and AVUS has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

HQGO vs. AVUS - Sectors Allocation Comparison

Sectors	HQGO	AVUS
Technology	39.1%	27.5%
Consumer Cyclical	14.1%	11.8%
Communication Services	13.4%	9.8%
Healthcare	9.0%	7.1%
Industrials	6.7%	11.5%
Financial Services	6.6%	15.2%
Consumer Defensive	4.4%	4.4%
Energy	4.2%	7.4%
Basic Materials	1.9%	2.7%
Real Estate	0.6%	0.2%
Utilities	0.1%	2.5%

Return for Risk

HQGO vs. AVUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HQGO

HQGO Risk / Return Rank: 56
HQGO Sharpe Ratio Rank: 58
HQGO Sortino Ratio Rank: 57
HQGO Omega Ratio Rank: 56
HQGO Calmar Ratio Rank: 51
HQGO Martin Ratio Rank: 59

AVUS

AVUS Risk / Return Rank: 81
AVUS Sharpe Ratio Rank: 81
AVUS Sortino Ratio Rank: 80
AVUS Omega Ratio Rank: 79
AVUS Calmar Ratio Rank: 79
AVUS Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HQGO vs. AVUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Quality Growth ETF (HQGO) and Avantis U.S. Equity ETF (AVUS). 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.

	HQGO	AVUS	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.68	-0.73
Sortino ratio: Return per unit of downside risk	2.69	3.66	-0.97
Omega ratio: Gain probability vs. loss probability	1.34	1.48	-0.14
Calmar ratio: Return relative to maximum drawdown	2.51	4.14	-1.63
Martin ratio: Return relative to average drawdown	10.34	18.85	-8.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HQGO vs. AVUS - Sharpe Ratio Comparison

The current HQGO Sharpe Ratio is 1.95, which is comparable to the AVUS Sharpe Ratio of 2.68. The chart below compares the historical Sharpe Ratios of HQGO and AVUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HQGO	AVUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	2.68	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	0.80	+0.59

Drawdowns

HQGO vs. AVUS - Drawdown Comparison

The maximum HQGO drawdown since its inception was -20.85%, smaller than the maximum AVUS drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for HQGO and AVUS.

Drawdown Indicators

	HQGO	AVUS	Difference
Max Drawdown Largest peak-to-trough decline	-20.85%	-37.04%	+16.19%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-7.85%	-2.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.19%	—
Current Drawdown Current decline from peak	-0.85%	-0.46%	-0.39%
Average Drawdown Average peak-to-trough decline	-2.52%	-5.09%	+2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	1.72%	+0.79%

Volatility

HQGO vs. AVUS - Volatility Comparison

The current volatility for Hartford US Quality Growth ETF (HQGO) is 2.66%, while Avantis U.S. Equity ETF (AVUS) has a volatility of 2.98%. This indicates that HQGO experiences smaller price fluctuations and is considered to be less risky than AVUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQGO	AVUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	2.98%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	9.00%	+0.95%
Volatility (1Y) Calculated over the trailing 1-year period	13.37%	12.15%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	17.29%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.99%	20.85%	-3.86%

HQGO vs. AVUS - Expense Ratio Comparison

HQGO has a 0.34% expense ratio, which is higher than AVUS's 0.15% expense ratio.

Dividends

HQGO vs. AVUS - Dividend Comparison

HQGO's dividend yield for the trailing twelve months is around 0.46%, less than AVUS's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUS Avantis U.S. Equity ETF	0.91%	1.08%	1.27%	1.41%	1.59%	1.08%	1.19%	0.35%
HQGO Hartford US Quality Growth ETF	0.46%	0.51%	0.52%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HQGO and AVUS in my portfolio?

With a correlation of 0.92, HQGO and AVUS 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.

Which is riskier, HQGO or AVUS?

AVUS has higher volatility (2.98%) compared to HQGO (2.66%). In terms of maximum drawdown, HQGO dropped -20.85% vs AVUS's -37.04%.

Which ETF is better, HQGO or AVUS?

On 1-year performance, AVUS leads with 32.34% vs 25.94% for HQGO. On fees, AVUS is cheaper at 0.15% per year. On volatility, HQGO has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HQGO or AVUS?

Over the 1-year period, AVUS has performed better with a 32.34% return vs 25.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HQGO or AVUS?

AVUS is cheaper with a 0.15% expense ratio, compared with 0.34% for HQGO.

Which ETF pays a higher dividend yield, HQGO or AVUS?

AVUS has the higher dividend yield at 0.91%, compared with 0.46% for HQGO.

What is the main difference between HQGO and AVUS?

HQGO is categorized as Large Cap Growth Equities, while AVUS is Large Cap Blend Equities. They also come from different issuers: Hartford and American Century. Their fees differ too: 0.34% for HQGO and 0.15% for AVUS.

Which has better risk-adjusted returns?

AVUS currently has the higher Sharpe Ratio (2.68 vs 1.95), 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.