IHGIX vs. HDGYX

Last updated Jun 4, 2026

IHGIX (Hartford Dividend and Growth Fund Class A) and HDGYX (The Hartford Dividend and Growth Fund) are both mutual funds - IHGIX is a Dividend fund actively managed by Hartford, while HDGYX is a Large Cap Value Equities fund managed by Hartford. Over the past 10 years, IHGIX returned 12.89%/yr vs 13.19%/yr for HDGYX. With a 1.00 correlation, they move nearly in lockstep. IHGIX charges 0.96%/yr vs 0.69%/yr for HDGYX.

Performance

IHGIX vs. HDGYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Dividend and Growth Fund Class A (IHGIX) and The Hartford Dividend and Growth Fund (HDGYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with IHGIX having a 8.85% return and HDGYX slightly higher at 8.94%. Both investments have delivered pretty close results over the past 10 years, with IHGIX having a 12.89% annualized return and HDGYX not far ahead at 13.19%.

IHGIX

• 1D: 0.16%
• 1M: 4.03%
• YTD: 8.85%
• 6M: 9.80%
• 1Y: 24.10%
• 3Y*: 15.96%
• 5Y*: 10.53%
• 10Y*: 12.89%

HDGYX

• 1D: 0.15%
• 1M: 4.05%
• YTD: 8.94%
• 6M: 9.91%
• 1Y: 24.38%
• 3Y*: 16.23%
• 5Y*: 10.80%
• 10Y*: 13.19%

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

IHGIX vs. HDGYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHGIX Hartford Dividend and Growth Fund Class A	8.85%	16.86%	12.19%	13.81%	-8.88%	30.97%	7.64%	31.61%	-5.72%	17.91%
HDGYX The Hartford Dividend and Growth Fund	8.94%	17.15%	12.41%	14.11%	-8.62%	31.32%	8.03%	31.88%	-5.44%	18.29%

Correlation

The correlation between IHGIX and HDGYX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jul 23, 1996	1.00

The correlation between IHGIX and HDGYX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

IHGIX vs. HDGYX — Risk / Return Rank

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

IHGIX

IHGIX Risk / Return Rank: 61
IHGIX Sharpe Ratio Rank: 60
IHGIX Sortino Ratio Rank: 57
IHGIX Omega Ratio Rank: 54
IHGIX Calmar Ratio Rank: 63
IHGIX Martin Ratio Rank: 68

HDGYX

HDGYX Risk / Return Rank: 62
HDGYX Sharpe Ratio Rank: 62
HDGYX Sortino Ratio Rank: 60
HDGYX Omega Ratio Rank: 56
HDGYX Calmar Ratio Rank: 64
HDGYX Martin Ratio Rank: 70

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.

IHGIX vs. HDGYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dividend and Growth Fund Class A (IHGIX) and The Hartford Dividend and Growth Fund (HDGYX). 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.

	IHGIX	HDGYX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	2.32	-0.03
Sortino ratio: Return per unit of downside risk	3.21	3.25	-0.04
Omega ratio: Gain probability vs. loss probability	1.41	1.41	-0.01
Calmar ratio: Return relative to maximum drawdown	3.06	3.10	-0.04
Martin ratio: Return relative to average drawdown	13.21	13.39	-0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IHGIX vs. HDGYX - Sharpe Ratio Comparison

The current IHGIX Sharpe Ratio is 2.29, which is comparable to the HDGYX Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of IHGIX and HDGYX, 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

	IHGIX	HDGYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	2.32	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.77	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.80	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.59	-0.02

Drawdowns

IHGIX vs. HDGYX - Drawdown Comparison

The maximum IHGIX drawdown since its inception was -51.07%, roughly equal to the maximum HDGYX drawdown of -50.78%. Use the drawdown chart below to compare losses from any high point for IHGIX and HDGYX.

Drawdown Indicators

	IHGIX	HDGYX	Difference
Max Drawdown Largest peak-to-trough decline	-51.07%	-50.78%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-8.00%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	-13.70%	-0.07%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-18.79%	-0.18%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-34.98%	-0.01%
Current Drawdown Current decline from peak	-0.27%	-0.26%	-0.01%
Average Drawdown Average peak-to-trough decline	-6.04%	-5.82%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.85%	0.00%

Volatility

IHGIX vs. HDGYX - Volatility Comparison

Hartford Dividend and Growth Fund Class A (IHGIX) and The Hartford Dividend and Growth Fund (HDGYX) have volatilities of 2.64% and 2.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHGIX	HDGYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.64%	2.62%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.06%	8.04%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.70%	10.69%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.03%	14.02%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	16.61%	+0.01%

IHGIX vs. HDGYX - Expense Ratio Comparison

IHGIX has a 0.96% expense ratio, which is higher than HDGYX's 0.69% expense ratio.

Dividends

IHGIX vs. HDGYX - Dividend Comparison

IHGIX's dividend yield for the trailing twelve months is around 11.57%, more than HDGYX's 11.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDGYX The Hartford Dividend and Growth Fund	11.28%	12.31%	10.61%	1.82%	6.08%	5.80%	3.61%	7.15%	12.64%	11.68%	4.92%	10.83%
IHGIX Hartford Dividend and Growth Fund Class A	11.57%	12.63%	10.77%	1.65%	5.99%	5.71%	3.43%	7.07%	12.61%	11.64%	4.67%	10.64%

Frequently Asked Questions

Can I hold both IHGIX and HDGYX in my portfolio?

With a correlation of 1.00, IHGIX and HDGYX 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, IHGIX or HDGYX?

IHGIX has higher volatility (2.64%) compared to HDGYX (2.62%). In terms of maximum drawdown, IHGIX dropped -51.07% vs HDGYX's -50.78%.

Which has better risk-adjusted returns?

HDGYX currently has the higher Sharpe Ratio (2.32 vs 2.29), 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.