HQIYX vs. PDT
HQIYX (The Hartford Equity Income Fund) and PDT (John Hancock Premium Dividend Fund) are both Dividend funds. Over the past 10 years, HQIYX returned 11.86%/yr vs 5.50%/yr for PDT. Their 0.41 correlation means their historical movements had little consistent relationship. HQIYX charges 0.74%/yr vs 5.06%/yr for PDT.
Performance
HQIYX vs. PDT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HQIYX achieves a 12.13% return, which is significantly higher than PDT's 5.80% return. Over the past 10 years, HQIYX has outperformed PDT with an annualized return of 11.86%, while PDT has yielded a comparatively lower 5.50% annualized 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%
PDT
- 1D
- -0.39%
- 1M
- -0.01%
- 6M
- 1.83%
- YTD
- 5.80%
- 1Y
- 3.47%
- 3Y*
- 14.38%
- 5Y*
- 2.46%
- 10Y*
- 5.50%
- ALL TIME*
- 6.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.52M | $1.44M | $1.59M |
HQIYX vs. PDT - 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% | 17.93% |
PDT John Hancock Premium Dividend Fund | 5.80% | 7.64% | 29.92% | -9.55% | -16.30% | 25.98% | -14.20% | 39.29% | -12.49% | 21.22% |
Correlation
The correlation between HQIYX and PDT is 0.50, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.50 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.56 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2003 | 0.41 |
The correlation between HQIYX and PDT shifts across timeframes, from 0.41 (all time) to 0.56 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HQIYX vs. PDT — Risk / Return Rank
HQIYX
PDT
HQIYX vs. PDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and John Hancock Premium Dividend Fund (PDT). 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 | PDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.08 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 0.65 | +2.47 |
| Martin ratioReturn relative to average drawdown | 11.23 | 1.35 | +9.88 |
Loading charts...
Drawdowns
HQIYX vs. PDT - Drawdown Comparison
The maximum HQIYX drawdown since its inception was -50.48%, smaller than the maximum PDT drawdown of -62.39%. Use the drawdown chart below to compare losses from any high point for HQIYX and PDT.
Loading charts...
Drawdown Indicators
| HQIYX | PDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.48% | -62.39% | +11.91% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -5.38% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -11.89% | -16.91% | +5.02% |
Max Drawdown (5Y)Largest decline over 5 years | -13.94% | -40.44% | +26.50% |
Max Drawdown (10Y)Largest decline over 10 years | -34.99% | -62.39% | +27.40% |
Current DrawdownCurrent decline from peak | 0.00% | -2.30% | +2.30% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -9.98% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.57% | -0.59% |
Volatility
HQIYX vs. PDT - Volatility Comparison
The Hartford Equity Income Fund (HQIYX) has a higher volatility of 2.97% compared to John Hancock Premium Dividend Fund (PDT) at 1.64%. This indicates that HQIYX's price experiences larger fluctuations and is considered to be riskier than PDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HQIYX | PDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.97% | 1.64% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.69% | 6.92% | +0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.35% | 8.89% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.55% | 16.92% | -3.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.16% | 25.10% | -8.94% |
HQIYX vs. PDT - Expense Ratio Comparison
HQIYX has a 0.74% expense ratio, which is lower than PDT's 5.06% expense ratio.
Dividends
HQIYX vs. PDT - Dividend Comparison
HQIYX's dividend yield for the trailing twelve months is around 11.69%, more than PDT's 7.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PDT John Hancock Premium Dividend Fund | 7.75% | 7.80% | 7.77% | 10.14% | 9.04% | 6.42% | 8.43% | 6.70% | 8.69% | 9.94% | 9.15% | 7.88% |
Frequently Asked Questions
HQIYX and PDT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HQIYX has higher volatility (2.97%) compared to PDT (1.64%). In terms of maximum drawdown, HQIYX dropped -50.48% vs PDT's -62.39%.
HQIYX currently has the higher Sharpe Ratio (2.16 vs 0.39), 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.
Find the right allocation for HQIYX and PDT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer