HRLYX vs. FLFGX

Last updated Jul 18, 2026

HRLYX (Hartford Real Asset Fund) and FLFGX (Meeder Global Allocation Fund) are both Global Allocation funds. Over the past 10 years, HRLYX returned 6.85%/yr vs 9.52%/yr for FLFGX. A 0.73 correlation means they provide meaningful diversification when combined. HRLYX charges 0.90%/yr vs 1.81%/yr for FLFGX.

Performance

HRLYX vs. FLFGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Real Asset Fund (HRLYX) and Meeder Global Allocation Fund (FLFGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with HRLYX having a 12.24% return and FLFGX slightly lower at 11.73%. Over the past 10 years, HRLYX has underperformed FLFGX with an annualized return of 6.85%, while FLFGX has yielded a comparatively higher 9.52% annualized return.

HRLYX

• 1D: 0.00%
• 1M: 1.60%
• 6M: 8.85%
• YTD: 12.24%
• 1Y: 20.93%
• 3Y*: 10.19%
• 5Y*: 8.40%
• 10Y*: 6.85%

FLFGX

• 1D: -0.55%
• 1M: 0.36%
• 6M: 8.66%
• YTD: 11.73%
• 1Y: 21.13%
• 3Y*: 19.15%
• 5Y*: 10.94%
• 10Y*: 9.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HRLYX vs. FLFGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRLYX Hartford Real Asset Fund	12.24%	21.89%	-5.41%	7.44%	0.72%	21.58%	-1.13%	12.34%	-10.11%	9.57%
FLFGX Meeder Global Allocation Fund	11.73%	18.82%	22.53%	15.37%	-12.93%	12.57%	2.99%	13.17%	-6.93%	22.34%

Correlation

The correlation between HRLYX and FLFGX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010	0.73

Over the past year, the correlation between HRLYX and FLFGX has dropped to 0.36 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

Return for Risk

HRLYX vs. FLFGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HRLYX

HRLYX Risk / Return Rank: 93
HRLYX Sharpe Ratio Rank: 97
HRLYX Sortino Ratio Rank: 93
HRLYX Omega Ratio Rank: 90
HRLYX Calmar Ratio Rank: 91
HRLYX Martin Ratio Rank: 92

FLFGX

FLFGX Risk / Return Rank: 56
FLFGX Sharpe Ratio Rank: 53
FLFGX Sortino Ratio Rank: 52
FLFGX Omega Ratio Rank: 51
FLFGX Calmar Ratio Rank: 58
FLFGX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HRLYX vs. FLFGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Real Asset Fund (HRLYX) and Meeder Global Allocation Fund (FLFGX). 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.

	HRLYX	FLFGX	Difference
Sharpe ratio: Return per unit of total volatility	3.01	1.69	+1.33
Sortino ratio: Return per unit of downside risk	4.25	2.37	+1.88
Omega ratio: Gain probability vs. loss probability	1.58	1.31	+0.27
Calmar ratio: Return relative to maximum drawdown	3.90	2.43	+1.47
Martin ratio: Return relative to average drawdown	15.07	10.40	+4.67

HRLYX vs. FLFGX - Sharpe Ratio Comparison

The current HRLYX Sharpe Ratio is 3.01, which is higher than the FLFGX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of HRLYX and FLFGX, 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

HRLYX vs. FLFGX - Drawdown Comparison

The maximum HRLYX drawdown since its inception was -45.58%, smaller than the maximum FLFGX drawdown of -60.31%. Use the drawdown chart below to compare losses from any high point for HRLYX and FLFGX.

Drawdown Indicators

	HRLYX	FLFGX	Difference
Max Drawdown Largest peak-to-trough decline	-45.58%	-60.31%	+14.73%
Max Drawdown (1Y) Largest decline over 1 year	-5.42%	-8.89%	+3.47%
Max Drawdown (3Y) Largest decline over 3 years	-11.17%	-14.63%	+3.46%
Max Drawdown (5Y) Largest decline over 5 years	-16.86%	-28.54%	+11.68%
Max Drawdown (10Y) Largest decline over 10 years	-36.82%	-28.54%	-8.28%
Current Drawdown Current decline from peak	-2.17%	-1.05%	-1.12%
Average Drawdown Average peak-to-trough decline	-14.29%	-11.41%	-2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	2.07%	-0.67%

Volatility

HRLYX vs. FLFGX - Volatility Comparison

The current volatility for Hartford Real Asset Fund (HRLYX) is 2.30%, while Meeder Global Allocation Fund (FLFGX) has a volatility of 3.65%. This indicates that HRLYX experiences smaller price fluctuations and is considered to be less risky than FLFGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRLYX	FLFGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	3.65%	-1.35%
Volatility (6M) Calculated over the trailing 6-month period	5.60%	10.69%	-5.09%
Volatility (1Y) Calculated over the trailing 1-year period	7.02%	12.81%	-5.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.80%	15.34%	-4.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.60%	13.79%	-1.19%

HRLYX vs. FLFGX - Expense Ratio Comparison

HRLYX has a 0.90% expense ratio, which is lower than FLFGX's 1.81% expense ratio.

Dividends

HRLYX vs. FLFGX - Dividend Comparison

HRLYX's dividend yield for the trailing twelve months is around 3.52%, less than FLFGX's 12.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLFGX Meeder Global Allocation Fund	12.49%	14.35%	25.20%	1.64%	0.77%	11.13%	2.22%	2.12%	5.05%	1.41%	1.14%	3.15%
HRLYX Hartford Real Asset Fund	3.52%	3.95%	0.00%	4.36%	4.79%	19.52%	3.10%	3.11%	2.49%	3.62%	0.76%	1.33%

Frequently Asked Questions

Can I hold both HRLYX and FLFGX in my portfolio?

HRLYX and FLFGX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRLYX or FLFGX?

FLFGX has higher volatility (3.65%) compared to HRLYX (2.30%). In terms of maximum drawdown, HRLYX dropped -45.58% vs FLFGX's -60.31%.

Which has better risk-adjusted returns?

HRLYX currently has the higher Sharpe Ratio (3.01 vs 1.69), 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.