HSLYX vs. SSCPX

Last updated Jun 4, 2026

HSLYX (Hartford Small Cap Growth Fund) and SSCPX (Saratoga Small Capitalization Portfolio) are both Small Cap Growth Equities funds. Over the past 10 years, HSLYX returned 10.28%/yr vs 11.22%/yr for SSCPX. Their correlation of 0.93 suggests significant overlap in exposure. HSLYX charges 0.87%/yr vs 1.70%/yr for SSCPX.

Performance

HSLYX vs. SSCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Small Cap Growth Fund (HSLYX) and Saratoga Small Capitalization Portfolio (SSCPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HSLYX achieves a 19.95% return, which is significantly lower than SSCPX's 21.31% return. Over the past 10 years, HSLYX has underperformed SSCPX with an annualized return of 10.28%, while SSCPX has yielded a comparatively higher 11.22% annualized return.

HSLYX

• 1D: 1.13%
• 1M: 5.59%
• YTD: 19.95%
• 6M: 17.94%
• 1Y: 38.87%
• 3Y*: 15.68%
• 5Y*: 4.38%
• 10Y*: 10.28%

SSCPX

• 1D: 1.22%
• 1M: 5.06%
• YTD: 21.31%
• 6M: 19.23%
• 1Y: 34.86%
• 3Y*: 17.90%
• 5Y*: 7.91%
• 10Y*: 11.22%

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

HSLYX vs. SSCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HSLYX Hartford Small Cap Growth Fund	19.95%	6.86%	11.36%	18.16%	-28.82%	3.49%	32.45%	37.76%	-12.65%	20.14%
SSCPX Saratoga Small Capitalization Portfolio	21.31%	6.41%	10.79%	15.16%	-17.56%	24.53%	25.39%	23.71%	-16.14%	15.58%

Correlation

The correlation between HSLYX and SSCPX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Feb 19, 2002	0.93

The correlation between HSLYX and SSCPX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

HSLYX vs. SSCPX — Risk / Return Rank

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

HSLYX

HSLYX Risk / Return Rank: 50
HSLYX Sharpe Ratio Rank: 45
HSLYX Sortino Ratio Rank: 42
HSLYX Omega Ratio Rank: 38
HSLYX Calmar Ratio Rank: 64
HSLYX Martin Ratio Rank: 60

SSCPX

SSCPX Risk / Return Rank: 47
SSCPX Sharpe Ratio Rank: 40
SSCPX Sortino Ratio Rank: 39
SSCPX Omega Ratio Rank: 35
SSCPX Calmar Ratio Rank: 67
SSCPX Martin Ratio Rank: 53

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.

HSLYX vs. SSCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Small Cap Growth Fund (HSLYX) and Saratoga Small Capitalization Portfolio (SSCPX). 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.

	HSLYX	SSCPX	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.86	+0.12
Sortino ratio: Return per unit of downside risk	2.73	2.60	+0.13
Omega ratio: Gain probability vs. loss probability	1.33	1.32	+0.01
Calmar ratio: Return relative to maximum drawdown	3.08	3.16	-0.08
Martin ratio: Return relative to average drawdown	12.00	10.76	+1.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HSLYX vs. SSCPX - Sharpe Ratio Comparison

The current HSLYX Sharpe Ratio is 1.98, which is comparable to the SSCPX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of HSLYX and SSCPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HSLYX	SSCPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	1.86	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.36	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.49	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.39	-0.02

Drawdowns

HSLYX vs. SSCPX - Drawdown Comparison

The maximum HSLYX drawdown since its inception was -59.62%, which is greater than SSCPX's maximum drawdown of -53.65%. Use the drawdown chart below to compare losses from any high point for HSLYX and SSCPX.

Drawdown Indicators

	HSLYX	SSCPX	Difference
Max Drawdown Largest peak-to-trough decline	-59.62%	-53.65%	-5.97%
Max Drawdown (1Y) Largest decline over 1 year	-13.38%	-11.54%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	-31.16%	-27.78%	-3.38%
Max Drawdown (5Y) Largest decline over 5 years	-39.72%	-27.78%	-11.94%
Max Drawdown (10Y) Largest decline over 10 years	-40.64%	-43.59%	+2.95%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.65%	-10.25%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	3.38%	+0.04%

Volatility

HSLYX vs. SSCPX - Volatility Comparison

Hartford Small Cap Growth Fund (HSLYX) has a higher volatility of 6.23% compared to Saratoga Small Capitalization Portfolio (SSCPX) at 5.77%. This indicates that HSLYX's price experiences larger fluctuations and is considered to be riskier than SSCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HSLYX	SSCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	5.77%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	15.85%	14.57%	+1.28%
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	19.63%	+1.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.77%	22.17%	+1.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.94%	22.99%	+0.95%

HSLYX vs. SSCPX - Expense Ratio Comparison

HSLYX has a 0.87% expense ratio, which is lower than SSCPX's 1.70% expense ratio.

Dividends

HSLYX vs. SSCPX - Dividend Comparison

HSLYX's dividend yield for the trailing twelve months is around 6.17%, less than SSCPX's 7.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HSLYX Hartford Small Cap Growth Fund	6.17%	7.41%	12.15%	2.89%	0.00%	20.41%	6.23%	2.68%	28.57%	4.51%	0.58%	8.29%
SSCPX Saratoga Small Capitalization Portfolio	7.43%	9.02%	11.37%	0.00%	10.18%	24.67%	0.02%	0.00%	17.42%	0.00%	0.00%	58.90%

Frequently Asked Questions

Can I hold both HSLYX and SSCPX in my portfolio?

With a correlation of 0.91, HSLYX and SSCPX 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, HSLYX or SSCPX?

HSLYX has higher volatility (6.23%) compared to SSCPX (5.77%). In terms of maximum drawdown, HSLYX dropped -59.62% vs SSCPX's -53.65%.

Which has better risk-adjusted returns?

HSLYX currently has the higher Sharpe Ratio (1.98 vs 1.86), 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.