LGLIX vs. HGOIX
Compare and contrast key facts about Lord Abbett Growth Leaders Fund (LGLIX) and The Hartford Growth Opportunities Fund Class I (HGOIX).
LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011. HGOIX is managed by Hartford. It was launched on Feb 19, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGLIX or HGOIX.
Correlation
The correlation between LGLIX and HGOIX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LGLIX vs. HGOIX - Performance Comparison
Key characteristics
LGLIX:
2.26
HGOIX:
2.37
LGLIX:
2.91
HGOIX:
3.01
LGLIX:
1.39
HGOIX:
1.41
LGLIX:
1.22
HGOIX:
1.36
LGLIX:
12.98
HGOIX:
12.92
LGLIX:
3.95%
HGOIX:
3.69%
LGLIX:
22.72%
HGOIX:
20.16%
LGLIX:
-55.73%
HGOIX:
-63.20%
LGLIX:
-8.83%
HGOIX:
-0.91%
Returns By Period
In the year-to-date period, LGLIX achieves a 51.18% return, which is significantly higher than HGOIX's 47.39% return. Over the past 10 years, LGLIX has outperformed HGOIX with an annualized return of 8.80%, while HGOIX has yielded a comparatively lower 5.97% annualized return.
LGLIX
51.18%
3.06%
21.36%
51.27%
11.97%
8.80%
HGOIX
47.39%
5.59%
15.84%
47.70%
10.24%
5.97%
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LGLIX vs. HGOIX - Expense Ratio Comparison
LGLIX has a 0.64% expense ratio, which is lower than HGOIX's 0.82% expense ratio.
Risk-Adjusted Performance
LGLIX vs. HGOIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and The Hartford Growth Opportunities Fund Class I (HGOIX). 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.
Dividends
LGLIX vs. HGOIX - Dividend Comparison
Neither LGLIX nor HGOIX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% |
The Hartford Growth Opportunities Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% |
Drawdowns
LGLIX vs. HGOIX - Drawdown Comparison
The maximum LGLIX drawdown since its inception was -55.73%, smaller than the maximum HGOIX drawdown of -63.20%. Use the drawdown chart below to compare losses from any high point for LGLIX and HGOIX. For additional features, visit the drawdowns tool.
Volatility
LGLIX vs. HGOIX - Volatility Comparison
Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 7.07% compared to The Hartford Growth Opportunities Fund Class I (HGOIX) at 6.00%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than HGOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.