HSDAX vs. HILYX

Last updated Aug 1, 2026

HSDAX (Hartford Short Duration Fund) and HILYX (Hartford International Value Fund) are both mutual funds - HSDAX is a Short-Term Bond fund managed by Hartford, while HILYX is a Foreign Large Cap Equities fund managed by Hartford. Over the past 10 years, HSDAX returned 2.52%/yr vs 11.62%/yr for HILYX. Their 0.09 correlation means their historical movements had little consistent relationship. HSDAX charges 0.79%/yr vs 0.91%/yr for HILYX.

Performance

HSDAX vs. HILYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Short Duration Fund (HSDAX) and Hartford International Value Fund (HILYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSDAX achieves a 0.89% return, which is significantly lower than HILYX's 18.21% return. Over the past 10 years, HSDAX has underperformed HILYX with an annualized return of 2.52%, while HILYX has yielded a comparatively higher 11.62% annualized return.

HSDAX

• 1D: 0.10%
• 1M: -0.31%
• 6M: 0.52%
• YTD: 0.89%
• 1Y: 3.03%
• 3Y*: 5.05%
• 5Y*: 2.45%
• 10Y*: 2.52%
• ALL TIME*: 2.66%

HILYX

• 1D: 2.16%
• 1M: 6.00%
• 6M: 11.35%
• YTD: 18.21%
• 1Y: 34.81%
• 3Y*: 20.94%
• 5Y*: 15.43%
• 10Y*: 11.62%
• ALL TIME*: 10.77%

*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)
HILYX Hartford International Value Fund	$0.00	$0.00	$0.00
HSDAX Hartford Short Duration Fund	$0.00	$0.00	$0.00

HSDAX vs. HILYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HSDAX Hartford Short Duration Fund	0.89%	6.10%	5.03%	6.14%	-5.04%	-0.05%	3.80%	6.08%	0.36%	2.18%
HILYX Hartford International Value Fund	18.21%	44.76%	0.28%	19.84%	-2.28%	18.79%	-5.94%	18.28%	-17.74%	24.91%

Correlation

The correlation between HSDAX and HILYX is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (3Y) Balances recent behavior with more history.	0.26
Correlation (5Y) Shows whether the relationship held over a longer period.	0.22
Correlation (10Y) Provides a long-term view across more market conditions.	0.14
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010	0.09

Over the past year, HSDAX and HILYX have become more correlated (0.34) than their long-term average of 0.09, meaning their price movements have been converging.

Return for Risk

HSDAX vs. HILYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HSDAX

HSDAX Risk / Return Rank: 87
HSDAX Sharpe Ratio Rank: 81
HSDAX Sortino Ratio Rank: 93
HSDAX Omega Ratio Rank: 89
HSDAX Calmar Ratio Rank: 83
HSDAX Martin Ratio Rank: 89

HILYX

HILYX Risk / Return Rank: 89
HILYX Sharpe Ratio Rank: 93
HILYX Sortino Ratio Rank: 90
HILYX Omega Ratio Rank: 87
HILYX Calmar Ratio Rank: 86
HILYX Martin Ratio Rank: 88

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.

HSDAX vs. HILYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Short Duration Fund (HSDAX) and Hartford International Value Fund (HILYX). 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.

	HSDAX	HILYX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.43	-0.47
Sortino ratio: Return per unit of downside risk	3.63	3.37	+0.26
Omega ratio: Gain probability vs. loss probability	1.48	1.45	+0.03
Calmar ratio: Return relative to maximum drawdown	2.84	3.01	-0.17
Martin ratio: Return relative to average drawdown	12.26	11.64	+0.62

HSDAX vs. HILYX - Sharpe Ratio Comparison

The current HSDAX Sharpe Ratio is 1.95, which is comparable to the HILYX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of HSDAX and HILYX, 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

HSDAX vs. HILYX - Drawdown Comparison

The maximum HSDAX drawdown since its inception was -10.19%, smaller than the maximum HILYX drawdown of -48.29%. Use the drawdown chart below to compare losses from any high point for HSDAX and HILYX.

Drawdown Indicators

	HSDAX	HILYX	Difference
Max Drawdown Largest peak-to-trough decline	-10.19%	-48.29%	+38.10%
Max Drawdown (1Y) Largest decline over 1 year	-1.32%	-11.31%	+9.99%
Max Drawdown (3Y) Largest decline over 3 years	-1.32%	-14.04%	+12.72%
Max Drawdown (5Y) Largest decline over 5 years	-7.63%	-25.58%	+17.95%
Max Drawdown (10Y) Largest decline over 10 years	-10.19%	-48.29%	+38.10%
Current Drawdown Current decline from peak	-0.31%	0.00%	-0.31%
Average Drawdown Average peak-to-trough decline	-0.68%	-8.10%	+7.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	2.92%	-2.62%

Volatility

HSDAX vs. HILYX - Volatility Comparison

The current volatility for Hartford Short Duration Fund (HSDAX) is 0.39%, while Hartford International Value Fund (HILYX) has a volatility of 4.05%. This indicates that HSDAX experiences smaller price fluctuations and is considered to be less risky than HILYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSDAX	HILYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	4.05%	-3.66%
Volatility (6M) Calculated over the trailing 6-month period	1.55%	11.78%	-10.23%
Volatility (1Y) Calculated over the trailing 1-year period	1.92%	14.06%	-12.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.22%	15.15%	-12.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.28%	16.78%	-14.50%

HSDAX vs. HILYX - Expense Ratio Comparison

HSDAX has a 0.79% expense ratio, which is lower than HILYX's 0.91% expense ratio.

Dividends

HSDAX vs. HILYX - Dividend Comparison

HSDAX's dividend yield for the trailing twelve months is around 4.03%, less than HILYX's 4.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HILYX Hartford International Value Fund	4.91%	5.80%	0.00%	2.67%	2.84%	3.22%	2.08%	3.05%	8.24%	6.97%	5.23%	3.55%
HSDAX Hartford Short Duration Fund	4.03%	4.26%	3.43%	2.71%	2.03%	1.36%	2.08%	2.60%	2.55%	2.27%	1.74%	1.67%

Frequently Asked Questions

Can I hold both HSDAX and HILYX in my portfolio?

HSDAX and HILYX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HSDAX or HILYX?

HILYX has higher volatility (4.05%) compared to HSDAX (0.39%). In terms of maximum drawdown, HSDAX dropped -10.19% vs HILYX's -48.29%.

Which has better risk-adjusted returns?

HILYX currently has the higher Sharpe Ratio (2.43 vs 1.95), 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.