HQIYX vs. VEIRX

Last updated Aug 5, 2026

HQIYX (The Hartford Equity Income Fund) and VEIRX (Vanguard Equity Income Fund Admiral Shares) are both Dividend funds. Over the past 10 years, HQIYX returned 11.86%/yr vs 11.84%/yr for VEIRX. Their 0.99 correlation means they have historically moved very closely together. HQIYX charges 0.74%/yr vs 0.19%/yr for VEIRX.

Performance

HQIYX vs. VEIRX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with HQIYX having a 12.13% return and VEIRX slightly higher at 12.57%. Both investments have delivered pretty close results over the past 10 years, with HQIYX having a 11.86% annualized return and VEIRX not far behind at 11.84%.

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%

VEIRX

• 1D: 0.64%
• 1M: 2.57%
• 6M: 8.24%
• YTD: 12.57%
• 1Y: 22.68%
• 3Y*: 16.51%
• 5Y*: 11.87%
• 10Y*: 11.84%
• ALL TIME*: 9.09%

*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)
HQIYX The Hartford Equity Income Fund	$0.00	$0.00	$0.00
VEIRX Vanguard Equity Income Fund Admiral Shares	$0.00	$0.00	$0.00

HQIYX vs. VEIRX - 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%
VEIRX Vanguard Equity Income Fund Admiral Shares	12.57%	17.25%	14.91%	7.76%	-0.08%	25.49%	3.08%	25.34%	-5.68%	17.68%

Correlation

The correlation between HQIYX and VEIRX is 0.95, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (10Y) Provides a long-term view across more market conditions.	0.98
Correlation (All Time) Calculated using the full available price history since Aug 28, 2003	0.99

The correlation between HQIYX and VEIRX has been stable across timeframes, ranging from 0.95 to 0.99 - a consistent structural relationship.

Return for Risk

HQIYX vs. VEIRX — 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

VEIRX

VEIRX Risk / Return Rank: 90
VEIRX Sharpe Ratio Rank: 93
VEIRX Sortino Ratio Rank: 91
VEIRX Omega Ratio Rank: 87
VEIRX Calmar Ratio Rank: 88
VEIRX Martin Ratio Rank: 90

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. VEIRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and Vanguard Equity Income Fund Admiral Shares (VEIRX). 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	VEIRX	Difference
Sharpe ratio: Return per unit of total volatility	2.16	2.39	-0.23
Sortino ratio: Return per unit of downside risk	3.14	3.40	-0.27
Omega ratio: Gain probability vs. loss probability	1.38	1.44	-0.06
Calmar ratio: Return relative to maximum drawdown	3.12	3.39	-0.27
Martin ratio: Return relative to average drawdown	11.23	12.80	-1.57

HQIYX vs. VEIRX - Sharpe Ratio Comparison

The current HQIYX Sharpe Ratio is 2.16, which is comparable to the VEIRX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of HQIYX and VEIRX, 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. VEIRX - Drawdown Comparison

The maximum HQIYX drawdown since its inception was -50.48%, smaller than the maximum VEIRX drawdown of -54.02%. Use the drawdown chart below to compare losses from any high point for HQIYX and VEIRX.

Drawdown Indicators

	HQIYX	VEIRX	Difference
Max Drawdown Largest peak-to-trough decline	-50.48%	-54.02%	+3.54%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-7.13%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-11.89%	-13.36%	+1.47%
Max Drawdown (5Y) Largest decline over 5 years	-13.94%	-15.12%	+1.18%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-35.26%	+0.27%
Current Drawdown Current decline from peak	0.00%	-0.22%	+0.22%
Average Drawdown Average peak-to-trough decline	-5.26%	-6.46%	+1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	1.89%	+0.09%

Volatility

HQIYX vs. VEIRX - Volatility Comparison

The Hartford Equity Income Fund (HQIYX) has a higher volatility of 2.97% compared to Vanguard Equity Income Fund Admiral Shares (VEIRX) at 2.41%. This indicates that HQIYX's price experiences larger fluctuations and is considered to be riskier than VEIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HQIYX	VEIRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.97%	2.41%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	7.69%	7.40%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.35%	10.17%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.55%	13.84%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	16.26%	-0.10%

HQIYX vs. VEIRX - Expense Ratio Comparison

HQIYX has a 0.74% expense ratio, which is higher than VEIRX's 0.19% expense ratio.

Dividends

HQIYX vs. VEIRX - Dividend Comparison

HQIYX's dividend yield for the trailing twelve months is around 11.69%, more than VEIRX's 9.86% 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%
VEIRX Vanguard Equity Income Fund Admiral Shares	9.86%	11.03%	9.83%	7.96%	8.79%	7.71%	2.86%	4.45%	10.98%	3.04%	3.87%	6.48%

Frequently Asked Questions

Can I hold both HQIYX and VEIRX in my portfolio?

With a correlation of 0.95, HQIYX and VEIRX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HQIYX or VEIRX?

HQIYX has higher volatility (2.97%) compared to VEIRX (2.41%). In terms of maximum drawdown, HQIYX dropped -50.48% vs VEIRX's -54.02%.

Which has better risk-adjusted returns?

VEIRX currently has the higher Sharpe Ratio (2.39 vs 2.16), 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.