HQIYX vs. SMGIX
Compare and contrast key facts about The Hartford Equity Income Fund (HQIYX) and Columbia Contrarian Core Fund (SMGIX).
HQIYX is managed by Hartford. It was launched on Aug 28, 2003. SMGIX is managed by Columbia Threadneedle. It was launched on Dec 14, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HQIYX or SMGIX.
Correlation
The correlation between HQIYX and SMGIX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HQIYX vs. SMGIX - Performance Comparison
Key characteristics
HQIYX:
0.68
SMGIX:
0.77
HQIYX:
0.89
SMGIX:
1.01
HQIYX:
1.15
SMGIX:
1.16
HQIYX:
0.57
SMGIX:
1.00
HQIYX:
1.82
SMGIX:
2.76
HQIYX:
4.69%
SMGIX:
4.25%
HQIYX:
12.67%
SMGIX:
15.33%
HQIYX:
-51.81%
SMGIX:
-57.95%
HQIYX:
-9.09%
SMGIX:
-7.76%
Returns By Period
The year-to-date returns for both stocks are quite close, with HQIYX having a 4.05% return and SMGIX slightly lower at 3.90%. Over the past 10 years, HQIYX has underperformed SMGIX with an annualized return of 3.15%, while SMGIX has yielded a comparatively higher 6.25% annualized return.
HQIYX
4.05%
4.98%
0.45%
8.32%
2.95%
3.15%
SMGIX
3.90%
4.13%
4.12%
11.03%
6.03%
6.25%
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HQIYX vs. SMGIX - Expense Ratio Comparison
HQIYX has a 0.74% expense ratio, which is lower than SMGIX's 0.75% expense ratio.
Risk-Adjusted Performance
HQIYX vs. SMGIX — Risk-Adjusted Performance Rank
HQIYX
SMGIX
HQIYX vs. SMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and Columbia Contrarian Core Fund (SMGIX). 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.
Dividends
HQIYX vs. SMGIX - Dividend Comparison
HQIYX's dividend yield for the trailing twelve months is around 2.23%, more than SMGIX's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HQIYX The Hartford Equity Income Fund | 2.23% | 2.32% | 2.37% | 2.30% | 1.75% | 1.92% | 1.99% | 2.47% | 1.92% | 2.10% | 2.42% | 2.14% |
SMGIX Columbia Contrarian Core Fund | 0.57% | 0.60% | 0.58% | 0.57% | 0.49% | 0.78% | 1.08% | 1.35% | 0.95% | 0.91% | 2.86% | 0.74% |
Drawdowns
HQIYX vs. SMGIX - Drawdown Comparison
The maximum HQIYX drawdown since its inception was -51.81%, smaller than the maximum SMGIX drawdown of -57.95%. Use the drawdown chart below to compare losses from any high point for HQIYX and SMGIX. For additional features, visit the drawdowns tool.
Volatility
HQIYX vs. SMGIX - Volatility Comparison
The current volatility for The Hartford Equity Income Fund (HQIYX) is 3.12%, while Columbia Contrarian Core Fund (SMGIX) has a volatility of 3.65%. This indicates that HQIYX experiences smaller price fluctuations and is considered to be less risky than SMGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.