HQIYX vs. IVV
HQIYX (The Hartford Equity Income Fund) and IVV (iShares Core S&P 500 ETF) are both funds - HQIYX is a Large Cap Value Equities fund managed by Hartford, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, HQIYX returned 11.96%/yr vs 15.79%/yr for IVV. Their correlation of 0.89 suggests significant overlap in exposure. HQIYX charges 0.74%/yr vs 0.03%/yr for IVV.
Performance
HQIYX vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, HQIYX achieves a 6.53% return, which is significantly lower than IVV's 8.10% return. Over the past 10 years, HQIYX has underperformed IVV with an annualized return of 11.96%, while IVV has yielded a comparatively higher 15.79% annualized return.
HQIYX
- 1D
- -0.05%
- 1M
- -0.05%
- YTD
- 6.53%
- 6M
- 5.60%
- 1Y
- 16.72%
- 3Y*
- 13.51%
- 5Y*
- 9.46%
- 10Y*
- 11.96%
IVV
- 1D
- -0.02%
- 1M
- -2.06%
- YTD
- 8.10%
- 6M
- 6.79%
- 1Y
- 22.19%
- 3Y*
- 20.93%
- 5Y*
- 13.02%
- 10Y*
- 15.79%
HQIYX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HQIYX The Hartford Equity Income Fund | 6.53% | 15.24% | 10.03% | 7.33% | -0.30% | 25.50% | 4.63% | 35.06% | -7.81% | 17.93% |
IVV iShares Core S&P 500 ETF | 8.10% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between HQIYX and IVV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2003 | 0.89 |
Over the past year, the correlation between HQIYX and IVV has dropped to 0.55 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
HQIYX vs. IVV — Risk / Return Rank
HQIYX
IVV
HQIYX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and iShares Core S&P 500 ETF (IVV). 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 | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 2.51 | -0.29 |
| Martin ratioReturn relative to average drawdown | 7.82 | 11.09 | -3.27 |
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Drawdowns
HQIYX vs. IVV - Drawdown Comparison
The maximum HQIYX drawdown since its inception was -50.48%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for HQIYX and IVV.
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Drawdown Indicators
| HQIYX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.48% | -55.25% | +4.77% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -8.89% | +1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -11.89% | -18.75% | +6.86% |
Max Drawdown (5Y)Largest decline over 5 years | -13.94% | -24.53% | +10.59% |
Max Drawdown (10Y)Largest decline over 10 years | -34.99% | -33.90% | -1.09% |
Current DrawdownCurrent decline from peak | -1.40% | -3.22% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -10.76% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.01% | +0.01% |
Volatility
HQIYX vs. IVV - Volatility Comparison
The current volatility for The Hartford Equity Income Fund (HQIYX) is 2.84%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.80%. This indicates that HQIYX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HQIYX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.84% | 4.80% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 7.59% | 9.80% | -2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.34% | 12.40% | -2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.57% | 16.98% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.17% | 18.06% | -1.89% |
HQIYX vs. IVV - Expense Ratio Comparison
HQIYX has a 0.74% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
HQIYX vs. IVV - Dividend Comparison
HQIYX's dividend yield for the trailing twelve months is around 12.36%, more than IVV's 1.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HQIYX The Hartford Equity Income Fund | 12.36% | 13.10% | 10.43% | 7.69% | 12.84% | 8.91% | 2.91% | 14.68% | 10.87% | 6.98% | 5.29% | 10.62% |
IVV iShares Core S&P 500 ETF | 1.11% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
HQIYX and IVV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVV has higher volatility (4.80%) compared to HQIYX (2.84%). In terms of maximum drawdown, HQIYX dropped -50.48% vs IVV's -55.25%.
IVV currently has the higher Sharpe Ratio (1.80 vs 1.53), 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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