HQIYX vs. HGXIX

Last updated Aug 5, 2026

HQIYX (The Hartford Equity Income Fund) and HGXIX (Hartford Global Impact Fund) are both mutual funds - HQIYX is a Dividend fund managed by Hartford, while HGXIX is a Global Equities fund managed by Hartford. Over the past 5 years, HQIYX returned 10.28%/yr vs 3.55%/yr for HGXIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. HQIYX charges 0.74%/yr vs 0.89%/yr for HGXIX.

Performance

HQIYX vs. HGXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hartford Equity Income Fund (HQIYX) and Hartford Global Impact Fund (HGXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HQIYX achieves a 12.13% return, which is significantly lower than HGXIX's 15.86% return.

HQIYX

• 1D: 0.84%
• 1M: 2.64%
• 6M: 8.04%
• YTD: 12.13%
• 1Y: 20.81%
• 3Y*: 13.72%
• 5Y*: 10.28%
• 10Y*: 11.86%
• ALL TIME*: 10.36%

HGXIX

• 1D: 1.20%
• 1M: 0.94%
• 6M: 9.77%
• YTD: 15.86%
• 1Y: 15.86%
• 3Y*: 13.19%
• 5Y*: 3.55%
• 10Y*: —
• ALL TIME*: 10.09%

*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)
HGXIX Hartford Global Impact Fund	$0.00	$0.00	$0.00
HQIYX The Hartford Equity Income Fund	$0.00	$0.00	$0.00

HQIYX vs. HGXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HQIYX The Hartford Equity Income Fund	12.13%	15.24%	10.03%	7.33%	-0.30%	25.50%	4.63%	35.06%	-7.81%	12.55%
HGXIX Hartford Global Impact Fund	15.86%	9.62%	7.78%	13.19%	-22.53%	10.86%	31.37%	27.97%	-10.10%	23.00%

Correlation

The correlation between HQIYX and HGXIX is 0.65, 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.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (All Time) Calculated using the full available price history since Feb 28, 2017	0.75

The correlation between HQIYX and HGXIX shifts across timeframes, from 0.65 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HQIYX vs. HGXIX — Risk / Return Rank

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

HQIYX

HQIYX Risk / Return Rank: 84
HQIYX Sharpe Ratio Rank: 86
HQIYX Sortino Ratio Rank: 86
HQIYX Omega Ratio Rank: 79
HQIYX Calmar Ratio Rank: 85
HQIYX Martin Ratio Rank: 83

HGXIX

HGXIX Risk / Return Rank: 31
HGXIX Sharpe Ratio Rank: 30
HGXIX Sortino Ratio Rank: 31
HGXIX Omega Ratio Rank: 29
HGXIX Calmar Ratio Rank: 34
HGXIX Martin Ratio Rank: 30

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.

HQIYX vs. HGXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and Hartford Global Impact Fund (HGXIX). 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.

	HQIYX	HGXIX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	1.15	+1.01
Sortino ratio: Return per unit of downside risk	3.14	1.69	+1.45
Omega ratio: Gain probability vs. loss probability	1.38	1.21	+0.17
Calmar ratio: Return relative to maximum drawdown	3.12	1.63	+1.49
Martin ratio: Return relative to average drawdown	11.23	4.87	+6.36

HQIYX vs. HGXIX - Sharpe Ratio Comparison

The current HQIYX Sharpe Ratio is 2.16, which is higher than the HGXIX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of HQIYX and HGXIX, 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

HQIYX vs. HGXIX - Drawdown Comparison

The maximum HQIYX drawdown since its inception was -50.48%, which is greater than HGXIX's maximum drawdown of -36.01%. Use the drawdown chart below to compare losses from any high point for HQIYX and HGXIX.

Drawdown Indicators

	HQIYX	HGXIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.48%	-36.01%	-14.47%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-10.61%	+3.47%
Max Drawdown (3Y) Largest decline over 3 years	-11.89%	-15.74%	+3.85%
Max Drawdown (5Y) Largest decline over 5 years	-13.94%	-32.08%	+18.14%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	—	—
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	-5.26%	-8.77%	+3.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	3.54%	-1.56%

Volatility

HQIYX vs. HGXIX - Volatility Comparison

The current volatility for The Hartford Equity Income Fund (HQIYX) is 2.97%, while Hartford Global Impact Fund (HGXIX) has a volatility of 4.10%. This indicates that HQIYX experiences smaller price fluctuations and is considered to be less risky than HGXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQIYX	HGXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	4.10%	-1.13%
Volatility (6M) Calculated over the trailing 6-month period	7.69%	12.32%	-4.63%
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	15.03%	-4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.55%	16.75%	-3.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	17.38%	-1.22%

HQIYX vs. HGXIX - Expense Ratio Comparison

HQIYX has a 0.74% expense ratio, which is lower than HGXIX's 0.89% expense ratio.

Dividends

HQIYX vs. HGXIX - Dividend Comparison

HQIYX's dividend yield for the trailing twelve months is around 11.69%, more than HGXIX's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HGXIX Hartford Global Impact Fund	0.47%	0.54%	0.00%	0.97%	0.78%	2.85%	0.69%	0.71%	14.85%	4.04%	0.00%	0.00%
HQIYX The Hartford Equity Income Fund	11.69%	13.10%	10.43%	7.69%	12.84%	8.91%	2.91%	14.68%	10.87%	6.98%	5.29%	10.62%

Frequently Asked Questions

Can I hold both HQIYX and HGXIX in my portfolio?

HQIYX and HGXIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HQIYX or HGXIX?

HGXIX has higher volatility (4.10%) compared to HQIYX (2.97%). In terms of maximum drawdown, HQIYX dropped -50.48% vs HGXIX's -36.01%.

Which has better risk-adjusted returns?

HQIYX currently has the higher Sharpe Ratio (2.16 vs 1.15), 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.