IGA vs. HRLYX
IGA (Voya Global Advantage and Premium Opportunity Fund) and HRLYX (Hartford Real Asset Fund) are both Global Allocation funds. Over the past 10 years, IGA returned 10.39%/yr vs 7.12%/yr for HRLYX. Their 0.55 correlation means they have sometimes moved together and sometimes differently. IGA charges 0.01%/yr vs 0.90%/yr for HRLYX.
Performance
IGA vs. HRLYX - Performance Comparison
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Returns By Period
In the year-to-date period, IGA achieves a 11.68% return, which is significantly lower than HRLYX's 13.90% return. Over the past 10 years, IGA has outperformed HRLYX with an annualized return of 10.39%, while HRLYX has yielded a comparatively lower 7.12% annualized return.
IGA
- 1D
- 0.20%
- 1M
- 4.42%
- 6M
- 9.15%
- YTD
- 11.68%
- 1Y
- 19.07%
- 3Y*
- 19.60%
- 5Y*
- 11.47%
- 10Y*
- 10.39%
- ALL TIME*
- 7.19%
HRLYX
- 1D
- -0.45%
- 1M
- 3.98%
- 6M
- 7.54%
- YTD
- 13.90%
- 1Y
- 22.71%
- 3Y*
- 10.73%
- 5Y*
- 8.41%
- 10Y*
- 7.12%
- ALL TIME*
- 3.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $623.93K | $583.86K | $501.79K |
IGA vs. HRLYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGA Voya Global Advantage and Premium Opportunity Fund | 11.68% | 18.32% | 21.06% | 7.55% | -8.33% | 28.35% | -8.03% | 23.40% | -12.35% | 26.19% |
HRLYX Hartford Real Asset Fund | 13.90% | 21.89% | -5.41% | 7.44% | 0.72% | 21.58% | -1.13% | 12.34% | -10.11% | 9.57% |
Correlation
The correlation between IGA and HRLYX is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010 | 0.55 |
Over the past year, the correlation between IGA and HRLYX has dropped to 0.27 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
IGA vs. HRLYX — Risk / Return Rank
IGA
HRLYX
IGA vs. HRLYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Global Advantage and Premium Opportunity Fund (IGA) and Hartford Real Asset Fund (HRLYX). 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.
| IGA | HRLYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.63 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 4.33 | -1.57 |
| Martin ratioReturn relative to average drawdown | 10.04 | 16.74 | -6.70 |
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Drawdowns
IGA vs. HRLYX - Drawdown Comparison
The maximum IGA drawdown since its inception was -57.16%, which is greater than HRLYX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for IGA and HRLYX.
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Drawdown Indicators
| IGA | HRLYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.16% | -45.58% | -11.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -5.42% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -11.22% | -11.17% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -16.98% | -16.86% | -0.12% |
Max Drawdown (10Y)Largest decline over 10 years | -41.68% | -36.82% | -4.86% |
Current DrawdownCurrent decline from peak | 0.00% | -0.81% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -14.25% | +6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 1.40% | +0.50% |
Volatility
IGA vs. HRLYX - Volatility Comparison
The current volatility for Voya Global Advantage and Premium Opportunity Fund (IGA) is 1.98%, while Hartford Real Asset Fund (HRLYX) has a volatility of 2.31%. This indicates that IGA experiences smaller price fluctuations and is considered to be less risky than HRLYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGA | HRLYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.98% | 2.31% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 5.66% | +2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.57% | 7.15% | +2.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.86% | 10.77% | +3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 12.60% | +3.64% |
IGA vs. HRLYX - Expense Ratio Comparison
IGA has a 0.01% expense ratio, which is lower than HRLYX's 0.90% expense ratio.
Dividends
IGA vs. HRLYX - Dividend Comparison
IGA's dividend yield for the trailing twelve months is around 9.98%, more than HRLYX's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRLYX Hartford Real Asset Fund | 3.47% | 3.95% | 0.00% | 4.36% | 4.79% | 19.52% | 3.10% | 3.11% | 2.49% | 3.62% | 0.76% | 1.33% |
IGA Voya Global Advantage and Premium Opportunity Fund | 9.98% | 11.37% | 11.38% | 9.25% | 9.06% | 7.60% | 9.01% | 8.05% | 9.78% | 7.87% | 10.83% | 10.72% |
Frequently Asked Questions
IGA and HRLYX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRLYX has higher volatility (2.31%) compared to IGA (1.98%). In terms of maximum drawdown, IGA dropped -57.16% vs HRLYX's -45.58%.
HRLYX currently has the higher Sharpe Ratio (3.29 vs 2.01), 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.
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