IHGIX vs. SEQAX

Last updated Aug 4, 2026

IHGIX (Hartford Dividend and Growth Fund Class A) and SEQAX (Guggenheim World Equity Income Fund) are both Dividend funds. Over the past 10 years, IHGIX returned 13.12%/yr vs 9.49%/yr for SEQAX. Their correlation of 0.80 means they have usually moved in the same direction. IHGIX charges 0.96%/yr vs 1.20%/yr for SEQAX.

Performance

IHGIX vs. SEQAX - Performance Comparison

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

Returns By Period

In the year-to-date period, IHGIX achieves a 13.20% return, which is significantly lower than SEQAX's 14.10% return. Over the past 10 years, IHGIX has outperformed SEQAX with an annualized return of 13.12%, while SEQAX has yielded a comparatively lower 9.49% annualized return.

IHGIX

• 1D: 0.75%
• 1M: 1.94%
• 6M: 10.22%
• YTD: 13.20%
• 1Y: 28.03%
• 3Y*: 15.61%
• 5Y*: 11.05%
• 10Y*: 13.12%
• ALL TIME*: 9.99%

SEQAX

• 1D: 0.00%
• 1M: 2.87%
• 6M: 9.47%
• YTD: 14.10%
• 1Y: 28.89%
• 3Y*: 15.04%
• 5Y*: 9.29%
• 10Y*: 9.49%
• ALL TIME*: 7.73%

*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)
IHGIX Hartford Dividend and Growth Fund Class A	$0.00	$0.00	$0.00
SEQAX Guggenheim World Equity Income Fund	$0.00	$0.00	$0.00

IHGIX vs. SEQAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IHGIX Hartford Dividend and Growth Fund Class A	13.20%	16.86%	12.19%	13.81%	-8.88%	30.97%	7.64%	31.61%	-5.72%	17.91%
SEQAX Guggenheim World Equity Income Fund	14.10%	22.37%	5.57%	12.10%	-9.30%	21.30%	6.14%	21.02%	-8.68%	14.70%

Correlation

The correlation between IHGIX and SEQAX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (10Y) Provides a long-term view across more market conditions.	0.90
Correlation (All Time) Calculated using the full available price history since Jul 22, 1996	0.80

The correlation between IHGIX and SEQAX shifts across timeframes, from 0.75 (1 year) to 0.91 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IHGIX vs. SEQAX — Risk / Return Rank

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

IHGIX

IHGIX Risk / Return Rank: 90
IHGIX Sharpe Ratio Rank: 93
IHGIX Sortino Ratio Rank: 90
IHGIX Omega Ratio Rank: 86
IHGIX Calmar Ratio Rank: 88
IHGIX Martin Ratio Rank: 94

SEQAX

SEQAX Risk / Return Rank: 92
SEQAX Sharpe Ratio Rank: 95
SEQAX Sortino Ratio Rank: 94
SEQAX Omega Ratio Rank: 90
SEQAX Calmar Ratio Rank: 89
SEQAX Martin Ratio Rank: 91

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.

IHGIX vs. SEQAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dividend and Growth Fund Class A (IHGIX) and Guggenheim World Equity Income Fund (SEQAX). 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	SEQAX	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.60	-0.17
Sortino ratio: Return per unit of downside risk	3.38	3.74	-0.37
Omega ratio: Gain probability vs. loss probability	1.43	1.47	-0.04
Calmar ratio: Return relative to maximum drawdown	3.36	3.42	-0.06
Martin ratio: Return relative to average drawdown	14.83	13.58	+1.25

IHGIX vs. SEQAX - Sharpe Ratio Comparison

The current IHGIX Sharpe Ratio is 2.44, which is comparable to the SEQAX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of IHGIX and SEQAX, 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. SEQAX - Drawdown Comparison

The maximum IHGIX drawdown since its inception was -51.07%, roughly equal to the maximum SEQAX drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for IHGIX and SEQAX.

Drawdown Indicators

	IHGIX	SEQAX	Difference
Max Drawdown Largest peak-to-trough decline	-51.07%	-52.69%	+1.62%
Max Drawdown (1Y) Largest decline over 1 year	-8.00%	-8.39%	+0.39%
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	-18.63%	+4.86%
Max Drawdown (5Y) Largest decline over 5 years	-18.97%	-20.03%	+1.06%
Max Drawdown (10Y) Largest decline over 10 years	-34.99%	-35.29%	+0.30%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.01%	-10.97%	+4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	2.11%	-0.30%

Volatility

IHGIX vs. SEQAX - Volatility Comparison

Hartford Dividend and Growth Fund Class A (IHGIX) has a higher volatility of 3.11% compared to Guggenheim World Equity Income Fund (SEQAX) at 2.62%. This indicates that IHGIX's price experiences larger fluctuations and is considered to be riskier than SEQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IHGIX	SEQAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	2.62%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	8.33%	8.76%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.08%	11.07%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.00%	13.50%	+0.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.57%	14.89%	+1.68%

IHGIX vs. SEQAX - Expense Ratio Comparison

IHGIX has a 0.96% expense ratio, which is lower than SEQAX's 1.20% expense ratio.

Dividends

IHGIX vs. SEQAX - Dividend Comparison

IHGIX's dividend yield for the trailing twelve months is around 11.10%, less than SEQAX's 12.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IHGIX Hartford Dividend and Growth Fund Class A	11.10%	12.63%	10.77%	1.65%	5.99%	5.71%	3.43%	7.07%	12.61%	11.64%	4.67%	10.64%
SEQAX Guggenheim World Equity Income Fund	12.85%	14.91%	1.34%	1.82%	2.16%	29.17%	1.69%	2.45%	3.24%	2.18%	2.32%	2.28%

Frequently Asked Questions

Can I hold both IHGIX and SEQAX in my portfolio?

IHGIX and SEQAX have a correlation of 0.75, 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 SEQAX?

IHGIX has higher volatility (3.11%) compared to SEQAX (2.62%). In terms of maximum drawdown, IHGIX dropped -51.07% vs SEQAX's -52.69%.

Which has better risk-adjusted returns?

SEQAX currently has the higher Sharpe Ratio (2.60 vs 2.44), 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.