HQGO vs. HFGO

Last updated Aug 4, 2026

HQGO (Hartford US Quality Growth ETF) and HFGO (Hartford Large Cap Growth ETF) are both exchange-traded funds - HQGO is a Quality Factor fund tracking the Hartford US Quality Growth Index - Benchmark TR Gross, while HFGO is a Large Cap Growth Equities fund actively managed by Hartford. HQGO is passively managed, while HFGO is actively managed. Over the past year, HQGO returned 23.04% vs 14.20% for HFGO. Their correlation of 0.89 means they have usually moved in the same direction. HQGO charges 0.34%/yr vs 0.60%/yr for HFGO.

Performance

HQGO vs. HFGO - Performance Comparison

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

Returns By Period

In the year-to-date period, HQGO achieves a 11.00% return, which is significantly higher than HFGO's 5.49% return.

HQGO

• 1D: 1.39%
• 1M: 2.07%
• 6M: 9.26%
• YTD: 11.00%
• 1Y: 23.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.56%

HFGO

• 1D: 2.49%
• 1M: -0.31%
• 6M: 8.43%
• YTD: 5.49%
• 1Y: 14.20%
• 3Y*: 23.35%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HFGO Hartford Large Cap Growth ETF	$551.12K	$771.71K	$1.12M
HQGO Hartford US Quality Growth ETF	$5.49K	$7.53K	$51.76K

HQGO vs. HFGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HQGO Hartford US Quality Growth ETF	11.00%	15.15%	25.09%	5.10%
HFGO Hartford Large Cap Growth ETF	5.49%	15.52%	40.73%	4.88%

Correlation

The correlation between HQGO and HFGO is 0.88, 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.	0.88
Correlation (All Time) Calculated using the full available price history since Dec 6, 2023	0.89

The correlation between HQGO and HFGO has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

HQGO vs. HFGO - Sectors Allocation Comparison

Sectors	HQGO	HFGO
Technology	42.3%	59.7%
Consumer Cyclical	12.3%	7.8%
Healthcare	10.4%	7.0%
Communication Services	9.9%	17.6%
Industrials	7.0%	4.0%
Financial Services	6.7%	2.1%
Consumer Defensive	3.9%	0.5%
Energy	3.9%	0.5%
Basic Materials	2.2%	1.0%
Real Estate	0.9%	-
Utilities	0.1%	-

Return for Risk

HQGO vs. HFGO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HQGO

HQGO Risk / Return Rank: 62
HQGO Sharpe Ratio Rank: 64
HQGO Sortino Ratio Rank: 62
HQGO Omega Ratio Rank: 60
HQGO Calmar Ratio Rank: 58
HQGO Martin Ratio Rank: 64

HFGO

HFGO Risk / Return Rank: 27
HFGO Sharpe Ratio Rank: 28
HFGO Sortino Ratio Rank: 28
HFGO Omega Ratio Rank: 27
HFGO Calmar Ratio Rank: 25
HFGO Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HQGO vs. HFGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford US Quality Growth ETF (HQGO) and Hartford Large Cap Growth ETF (HFGO). 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.

	HQGO	HFGO	Difference
Sharpe ratio: Return per unit of total volatility	1.63	0.70	+0.94
Sortino ratio: Return per unit of downside risk	2.27	1.08	+1.18
Omega ratio: Gain probability vs. loss probability	1.28	1.13	+0.15
Calmar ratio: Return relative to maximum drawdown	2.23	0.78	+1.45
Martin ratio: Return relative to average drawdown	8.45	2.24	+6.21

HQGO vs. HFGO - Sharpe Ratio Comparison

The current HQGO Sharpe Ratio is 1.63, which is higher than the HFGO Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of HQGO and HFGO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HQGO vs. HFGO - Drawdown Comparison

The maximum HQGO drawdown since its inception was -20.85%, smaller than the maximum HFGO drawdown of -44.64%. Use the drawdown chart below to compare losses from any high point for HQGO and HFGO.

Drawdown Indicators

	HQGO	HFGO	Difference
Max Drawdown Largest peak-to-trough decline	-20.85%	-44.64%	+23.79%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-18.29%	+7.89%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.19%	—
Current Drawdown Current decline from peak	-0.10%	-6.73%	+6.63%
Average Drawdown Average peak-to-trough decline	-2.52%	-15.78%	+13.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	6.35%	-3.62%

Volatility

HQGO vs. HFGO - Volatility Comparison

The current volatility for Hartford US Quality Growth ETF (HQGO) is 3.62%, while Hartford Large Cap Growth ETF (HFGO) has a volatility of 7.42%. This indicates that HQGO experiences smaller price fluctuations and is considered to be less risky than HFGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQGO	HFGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	7.42%	-3.80%
Volatility (6M) Calculated over the trailing 6-month period	10.83%	16.70%	-5.87%
Volatility (1Y) Calculated over the trailing 1-year period	14.18%	20.49%	-6.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	25.96%	-9.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.90%	25.96%	-9.06%

HQGO vs. HFGO - Expense Ratio Comparison

HQGO has a 0.34% expense ratio, which is lower than HFGO's 0.60% expense ratio.

Dividends

HQGO vs. HFGO - Dividend Comparison

HQGO's dividend yield for the trailing twelve months is around 0.45%, while HFGO has not paid dividends to shareholders.

Position	TTM	2025	2024
HFGO Hartford Large Cap Growth ETF	0.00%	0.00%	0.00%
HQGO Hartford US Quality Growth ETF	0.45%	0.51%	0.52%

Frequently Asked Questions

Can I hold both HQGO and HFGO in my portfolio?

HQGO and HFGO have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HQGO or HFGO?

HFGO has higher volatility (7.42%) compared to HQGO (3.62%). In terms of maximum drawdown, HQGO dropped -20.85% vs HFGO's -44.64%.

Which ETF is better, HQGO or HFGO?

On 1-year performance, HQGO leads with 23.04% vs 14.20% for HFGO. On fees, HQGO is cheaper at 0.34% per year. On volatility, HQGO has been the lower-risk option at 3.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HQGO or HFGO?

Over the 1-year period, HQGO has performed better with a 23.04% return vs 14.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HQGO or HFGO?

HQGO is cheaper with a 0.34% expense ratio, compared with 0.60% for HFGO.

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

HQGO has the higher dividend yield at 0.45%, compared with 0.00% for HFGO.

What is the main difference between HQGO and HFGO?

HQGO is categorized as Quality Factor, while HFGO is Large Cap Growth Equities. Their fees differ too: 0.34% for HQGO and 0.60% for HFGO.

Which has better risk-adjusted returns?

HQGO currently has the higher Sharpe Ratio (1.63 vs 0.70), 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.