HQIFX vs. CAIFX
HQIFX (Hartford Equity Income Fund Class F) and CAIFX (American Funds Capital Income Builder Fund Class F-2) are both Dividend funds. Both are actively managed. Over the past 5 years, HQIFX returned 9.79%/yr vs 9.39%/yr for CAIFX. Their correlation of 0.88 means they have usually moved in the same direction. HQIFX charges 0.64%/yr vs 0.37%/yr for CAIFX.
Performance
HQIFX vs. CAIFX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HQIFX having a 10.47% return and CAIFX slightly higher at 10.50%.
HQIFX
- 1D
- 0.46%
- 1M
- 1.71%
- 6M
- 6.78%
- YTD
- 10.47%
- 1Y
- 20.43%
- 3Y*
- 12.01%
- 5Y*
- 9.79%
- 10Y*
- —
- ALL TIME*
- 11.34%
CAIFX
- 1D
- 0.76%
- 1M
- 1.61%
- 6M
- 7.05%
- YTD
- 10.50%
- 1Y
- 19.06%
- 3Y*
- 14.97%
- 5Y*
- 9.39%
- 10Y*
- 8.14%
- ALL TIME*
- 6.77%
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 |
HQIFX vs. CAIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HQIFX Hartford Equity Income Fund Class F | 10.47% | 14.73% | 9.32% | 7.39% | -0.21% | 25.65% | 4.68% | 35.35% | -7.83% | 12.85% |
CAIFX American Funds Capital Income Builder Fund Class F-2 | 10.50% | 20.63% | 10.47% | 9.21% | -6.95% | 15.26% | 3.41% | 17.49% | -7.10% | 10.19% |
Correlation
The correlation between HQIFX and CAIFX is 0.76, 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. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2017 | 0.88 |
The correlation between HQIFX and CAIFX shifts across timeframes, from 0.76 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HQIFX vs. CAIFX — Risk / Return Rank
HQIFX
CAIFX
HQIFX vs. CAIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Equity Income Fund Class F (HQIFX) and American Funds Capital Income Builder Fund Class F-2 (CAIFX). 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.
| HQIFX | CAIFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.41 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.37 | 2.77 | -0.40 |
| Martin ratioReturn relative to average drawdown | 8.59 | 11.12 | -2.52 |
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Drawdowns
HQIFX vs. CAIFX - Drawdown Comparison
The maximum HQIFX drawdown since its inception was -34.99%, roughly equal to the maximum CAIFX drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for HQIFX and CAIFX.
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Drawdown Indicators
| HQIFX | CAIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.99% | -36.83% | +1.84% |
Max Drawdown (1Y)Largest decline over 1 year | -7.69% | -6.47% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -13.03% | -8.88% | -4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -13.93% | -17.51% | +3.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.27% | — |
Current DrawdownCurrent decline from peak | -0.45% | 0.00% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -3.60% | -4.67% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.12% | 1.61% | +0.51% |
Volatility
HQIFX vs. CAIFX - Volatility Comparison
Hartford Equity Income Fund Class F (HQIFX) has a higher volatility of 3.21% compared to American Funds Capital Income Builder Fund Class F-2 (CAIFX) at 1.96%. This indicates that HQIFX's price experiences larger fluctuations and is considered to be riskier than CAIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HQIFX | CAIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.21% | 1.96% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.74% | 6.55% | +1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.47% | 8.19% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.59% | 9.98% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.53% | 10.77% | +5.76% |
HQIFX vs. CAIFX - Expense Ratio Comparison
HQIFX has a 0.64% expense ratio, which is higher than CAIFX's 0.37% expense ratio.
Dividends
HQIFX vs. CAIFX - Dividend Comparison
HQIFX's dividend yield for the trailing twelve months is around 11.75%, more than CAIFX's 7.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIFX American Funds Capital Income Builder Fund Class F-2 | 7.31% | 7.93% | 5.98% | 3.69% | 3.66% | 3.36% | 3.60% | 4.31% | 3.76% | 4.63% | 3.73% | 3.82% |
HQIFX Hartford Equity Income Fund Class F | 11.75% | 13.04% | 10.07% | 7.97% | 13.25% | 9.19% | 3.01% | 15.01% | 11.12% | 7.12% | 0.00% | 0.00% |
Frequently Asked Questions
HQIFX and CAIFX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HQIFX has higher volatility (3.21%) compared to CAIFX (1.96%). In terms of maximum drawdown, HQIFX dropped -34.99% vs CAIFX's -36.83%.
CAIFX currently has the higher Sharpe Ratio (2.19 vs 1.74), 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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