HQIIX vs. VDIGX

Last updated Jun 24, 2026

HQIIX (Hartford Equity Income Fund Class I) and VDIGX (Vanguard Dividend Growth Fund) are both Dividend funds. Both are actively managed. Over the past 10 years, HQIIX returned 11.93%/yr vs 12.52%/yr for VDIGX. Their correlation of 0.92 suggests significant overlap in exposure. HQIIX charges 0.76%/yr vs 0.22%/yr for VDIGX.

Performance

HQIIX vs. VDIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Equity Income Fund Class I (HQIIX) and Vanguard Dividend Growth Fund (VDIGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HQIIX achieves a 6.44% return, which is significantly higher than VDIGX's 2.27% return. Both investments have delivered pretty close results over the past 10 years, with HQIIX having a 11.93% annualized return and VDIGX not far ahead at 12.52%.

HQIIX

• 1D: 0.05%
• 1M: -0.28%
• YTD: 6.44%
• 6M: 5.94%
• 1Y: 16.24%
• 3Y*: 13.46%
• 5Y*: 9.71%
• 10Y*: 11.93%

VDIGX

• 1D: -0.41%
• 1M: 0.51%
• YTD: 2.27%
• 6M: 1.83%
• 1Y: 9.47%
• 3Y*: 13.47%
• 5Y*: 9.93%
• 10Y*: 12.52%

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

HQIIX vs. VDIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HQIIX Hartford Equity Income Fund Class I	6.44%	15.20%	10.08%	7.28%	-0.31%	25.54%	4.59%	35.14%	-7.86%	17.81%
VDIGX Vanguard Dividend Growth Fund	2.27%	11.11%	20.84%	8.11%	-4.89%	24.86%	12.04%	30.94%	0.08%	19.32%

Correlation

The correlation between HQIIX and VDIGX is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Aug 31, 2006	0.92

The correlation between HQIIX and VDIGX shifts across timeframes, from 0.82 (3 years) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HQIIX vs. VDIGX — Risk / Return Rank

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

HQIIX

HQIIX Risk / Return Rank: 39
HQIIX Sharpe Ratio Rank: 38
HQIIX Sortino Ratio Rank: 39
HQIIX Omega Ratio Rank: 35
HQIIX Calmar Ratio Rank: 43
HQIIX Martin Ratio Rank: 42

VDIGX

VDIGX Risk / Return Rank: 16
VDIGX Sharpe Ratio Rank: 16
VDIGX Sortino Ratio Rank: 16
VDIGX Omega Ratio Rank: 14
VDIGX Calmar Ratio Rank: 13
VDIGX Martin Ratio Rank: 19

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.

HQIIX vs. VDIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Equity Income Fund Class I (HQIIX) and Vanguard Dividend Growth Fund (VDIGX). 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.

	HQIIX	VDIGX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.04	+0.62
Sortino ratio: Return per unit of downside risk	2.41	1.57	+0.84
Omega ratio: Gain probability vs. loss probability	1.29	1.18	+0.11
Calmar ratio: Return relative to maximum drawdown	2.41	1.16	+1.24
Martin ratio: Return relative to average drawdown	8.46	4.50	+3.96

HQIIX vs. VDIGX - Sharpe Ratio Comparison

The current HQIIX Sharpe Ratio is 1.66, which is higher than the VDIGX Sharpe Ratio of 1.04. The chart below compares the historical Sharpe Ratios of HQIIX and VDIGX, 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

HQIIX vs. VDIGX - Drawdown Comparison

The maximum HQIIX drawdown since its inception was -50.60%, which is greater than VDIGX's maximum drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for HQIIX and VDIGX.

Drawdown Indicators

	HQIIX	VDIGX	Difference
Max Drawdown Largest peak-to-trough decline	-50.60%	-45.23%	-5.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-9.09%	+1.96%
Max Drawdown (3Y) Largest decline over 3 years	-11.84%	-10.23%	-1.61%
Max Drawdown (5Y) Largest decline over 5 years	-13.98%	-16.18%	+2.20%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-32.98%	-2.01%
Current Drawdown Current decline from peak	-1.49%	-1.04%	-0.45%
Average Drawdown Average peak-to-trough decline	-5.87%	-6.64%	+0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.34%	-0.32%

Volatility

HQIIX vs. VDIGX - Volatility Comparison

Hartford Equity Income Fund Class I (HQIIX) and Vanguard Dividend Growth Fund (VDIGX) have volatilities of 3.05% and 3.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQIIX	VDIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	3.09%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	7.59%	7.80%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	10.22%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.56%	13.88%	-0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	15.72%	+0.50%

HQIIX vs. VDIGX - Expense Ratio Comparison

HQIIX has a 0.76% expense ratio, which is higher than VDIGX's 0.22% expense ratio.

Dividends

HQIIX vs. VDIGX - Dividend Comparison

HQIIX's dividend yield for the trailing twelve months is around 12.76%, less than VDIGX's 24.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HQIIX Hartford Equity Income Fund Class I	12.76%	13.51%	10.71%	7.87%	13.14%	9.10%	2.94%	14.91%	11.01%	7.01%	5.26%	10.65%
VDIGX Vanguard Dividend Growth Fund	24.01%	21.90%	21.94%	2.29%	6.06%	5.45%	2.83%	4.70%	8.72%	5.16%	2.86%	5.70%

Frequently Asked Questions

Can I hold both HQIIX and VDIGX in my portfolio?

HQIIX and VDIGX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HQIIX or VDIGX?

VDIGX has higher volatility (3.09%) compared to HQIIX (3.05%). In terms of maximum drawdown, HQIIX dropped -50.60% vs VDIGX's -45.23%.

Which has better risk-adjusted returns?

HQIIX currently has the higher Sharpe Ratio (1.66 vs 1.04), 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.