HQIYX vs. ^GSPC
Compare and contrast key facts about The Hartford Equity Income Fund (HQIYX) and S&P 500 (^GSPC).
HQIYX is managed by Hartford. It was launched on Aug 28, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HQIYX or ^GSPC.
Correlation
The correlation between HQIYX and ^GSPC is 0.91, 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. ^GSPC - Performance Comparison
Key characteristics
HQIYX:
0.72
^GSPC:
1.74
HQIYX:
0.93
^GSPC:
2.35
HQIYX:
1.15
^GSPC:
1.32
HQIYX:
0.65
^GSPC:
2.61
HQIYX:
1.84
^GSPC:
10.66
HQIYX:
4.87%
^GSPC:
2.08%
HQIYX:
12.53%
^GSPC:
12.77%
HQIYX:
-51.81%
^GSPC:
-56.78%
HQIYX:
-7.62%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, HQIYX achieves a 5.73% return, which is significantly higher than ^GSPC's 4.46% return. Over the past 10 years, HQIYX has underperformed ^GSPC with an annualized return of 3.30%, while ^GSPC has yielded a comparatively higher 11.31% annualized return.
HQIYX
5.73%
2.59%
-1.18%
9.35%
3.45%
3.30%
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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Risk-Adjusted Performance
HQIYX vs. ^GSPC — Risk-Adjusted Performance Rank
HQIYX
^GSPC
HQIYX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Hartford Equity Income Fund (HQIYX) and S&P 500 (^GSPC). 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.
Drawdowns
HQIYX vs. ^GSPC - Drawdown Comparison
The maximum HQIYX drawdown since its inception was -51.81%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HQIYX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HQIYX vs. ^GSPC - Volatility Comparison
The current volatility for The Hartford Equity Income Fund (HQIYX) is 2.47%, while S&P 500 (^GSPC) has a volatility of 3.07%. This indicates that HQIYX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.