IHGIX vs. PDT

Last updated Jun 24, 2026

IHGIX (Hartford Dividend and Growth Fund Class A) and PDT (John Hancock Premium Dividend Fund) are both Dividend funds. Over the past 10 years, IHGIX returned 13.22%/yr vs 6.01%/yr for PDT. At a 0.34 correlation, their price movements are largely independent. IHGIX charges 0.96%/yr vs 5.06%/yr for PDT.

Performance

IHGIX vs. PDT - Performance Comparison

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

Returns By Period

In the year-to-date period, IHGIX achieves a 8.48% return, which is significantly higher than PDT's 3.78% return. Over the past 10 years, IHGIX has outperformed PDT with an annualized return of 13.22%, while PDT has yielded a comparatively lower 6.01% annualized return.

IHGIX

• 1D: 0.00%
• 1M: 0.57%
• YTD: 8.48%
• 6M: 7.68%
• 1Y: 22.73%
• 3Y*: 15.89%
• 5Y*: 10.74%
• 10Y*: 13.22%

PDT

• 1D: 0.63%
• 1M: -1.30%
• YTD: 3.78%
• 6M: 4.27%
• 1Y: 4.86%
• 3Y*: 13.00%
• 5Y*: 2.27%
• 10Y*: 6.01%

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

IHGIX vs. PDT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHGIX Hartford Dividend and Growth Fund Class A	8.48%	16.86%	12.19%	13.81%	-8.88%	30.97%	7.64%	31.61%	-5.72%	17.91%
PDT John Hancock Premium Dividend Fund	3.78%	7.64%	29.92%	-9.55%	-16.30%	25.98%	-14.20%	39.29%	-12.49%	21.22%

Correlation

The correlation between IHGIX and PDT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jul 22, 1996	0.34

The correlation between IHGIX and PDT shifts across timeframes, from 0.34 (all time) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IHGIX vs. PDT — Risk / Return Rank

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

IHGIX

IHGIX Risk / Return Rank: 64
IHGIX Sharpe Ratio Rank: 65
IHGIX Sortino Ratio Rank: 63
IHGIX Omega Ratio Rank: 57
IHGIX Calmar Ratio Rank: 65
IHGIX Martin Ratio Rank: 71

PDT

PDT Risk / Return Rank: 8
PDT Sharpe Ratio Rank: 7
PDT Sortino Ratio Rank: 7
PDT Omega Ratio Rank: 7
PDT Calmar Ratio Rank: 10
PDT Martin Ratio Rank: 8

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. PDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dividend and Growth Fund Class A (IHGIX) and John Hancock Premium Dividend Fund (PDT). 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.

	IHGIX	PDT	Difference
Sharpe ratio: Return per unit of total volatility	2.17	0.54	+1.62
Sortino ratio: Return per unit of downside risk	3.02	0.81	+2.21
Omega ratio: Gain probability vs. loss probability	1.38	1.10	+0.28
Calmar ratio: Return relative to maximum drawdown	2.98	0.91	+2.07
Martin ratio: Return relative to average drawdown	12.76	1.97	+10.79

IHGIX vs. PDT - Sharpe Ratio Comparison

The current IHGIX Sharpe Ratio is 2.17, which is higher than the PDT Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of IHGIX and PDT, 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

IHGIX vs. PDT - Drawdown Comparison

The maximum IHGIX drawdown since its inception was -51.07%, smaller than the maximum PDT drawdown of -62.39%. Use the drawdown chart below to compare losses from any high point for IHGIX and PDT.

Drawdown Indicators

	IHGIX	PDT	Difference
Max Drawdown Largest peak-to-trough decline	-51.07%	-62.39%	+11.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-5.38%	-2.62%
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	-22.06%	+8.29%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-40.44%	+21.47%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-62.39%	+27.40%
Current Drawdown Current decline from peak	-0.85%	-4.17%	+3.32%
Average Drawdown Average peak-to-trough decline	-6.03%	-10.01%	+3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.47%	-0.61%

Volatility

IHGIX vs. PDT - Volatility Comparison

Hartford Dividend and Growth Fund Class A (IHGIX) has a higher volatility of 3.51% compared to John Hancock Premium Dividend Fund (PDT) at 2.82%. This indicates that IHGIX's price experiences larger fluctuations and is considered to be riskier than PDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHGIX	PDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	2.82%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	8.37%	7.14%	+1.23%
Volatility (1Y) Calculated over the trailing 1-year period	11.01%	8.99%	+2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	17.01%	-2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	25.16%	-8.52%

IHGIX vs. PDT - Expense Ratio Comparison

IHGIX has a 0.96% expense ratio, which is lower than PDT's 5.06% expense ratio.

Dividends

IHGIX vs. PDT - Dividend Comparison

IHGIX's dividend yield for the trailing twelve months is around 11.61%, more than PDT's 7.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHGIX Hartford Dividend and Growth Fund Class A	11.61%	12.63%	10.77%	1.65%	5.99%	5.71%	3.43%	7.07%	12.61%	11.64%	4.67%	10.64%
PDT John Hancock Premium Dividend Fund	7.80%	7.80%	7.77%	10.14%	9.04%	6.42%	8.43%	6.70%	8.69%	9.94%	9.15%	7.88%

Frequently Asked Questions

Can I hold both IHGIX and PDT in my portfolio?

IHGIX and PDT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IHGIX or PDT?

IHGIX has higher volatility (3.51%) compared to PDT (2.82%). In terms of maximum drawdown, IHGIX dropped -51.07% vs PDT's -62.39%.

Which has better risk-adjusted returns?

IHGIX currently has the higher Sharpe Ratio (2.17 vs 0.54), 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.