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PAFGX vs. HRLYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PAFGX vs. HRLYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Allocation Fund (PAFGX) and Hartford Real Asset Fund (HRLYX). The values are adjusted to include any dividend payments, if applicable.

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PAFGX vs. HRLYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PAFGX
T. Rowe Price Global Allocation Fund
-0.57%14.75%9.43%13.48%-14.80%8.83%14.45%19.91%-7.15%15.77%
HRLYX
Hartford Real Asset Fund
11.62%21.89%-5.41%7.44%0.72%21.58%-1.13%12.34%-10.11%9.57%

Returns By Period

In the year-to-date period, PAFGX achieves a -0.57% return, which is significantly lower than HRLYX's 11.62% return. Over the past 10 years, PAFGX has underperformed HRLYX with an annualized return of 7.34%, while HRLYX has yielded a comparatively higher 7.85% annualized return.


PAFGX

1D
1.74%
1M
-4.59%
YTD
-0.57%
6M
1.77%
1Y
12.42%
3Y*
10.81%
5Y*
4.74%
10Y*
7.34%

HRLYX

1D
0.84%
1M
0.56%
YTD
11.62%
6M
15.18%
1Y
25.10%
3Y*
10.33%
5Y*
9.29%
10Y*
7.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PAFGX vs. HRLYX - Expense Ratio Comparison

PAFGX has a 1.02% expense ratio, which is higher than HRLYX's 0.90% expense ratio.


Return for Risk

PAFGX vs. HRLYX — Risk / Return Rank

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

PAFGX
PAFGX Risk / Return Rank: 6767
Overall Rank
PAFGX Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
PAFGX Sortino Ratio Rank: 6767
Sortino Ratio Rank
PAFGX Omega Ratio Rank: 6969
Omega Ratio Rank
PAFGX Calmar Ratio Rank: 6464
Calmar Ratio Rank
PAFGX Martin Ratio Rank: 6868
Martin Ratio Rank

HRLYX
HRLYX Risk / Return Rank: 9797
Overall Rank
HRLYX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
HRLYX Sortino Ratio Rank: 9797
Sortino Ratio Rank
HRLYX Omega Ratio Rank: 9797
Omega Ratio Rank
HRLYX Calmar Ratio Rank: 9595
Calmar Ratio Rank
HRLYX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

PAFGX vs. HRLYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Allocation Fund (PAFGX) 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.


PAFGXHRLYXDifference

Sharpe ratio

Return per unit of total volatility

1.28

2.80

-1.51

Sortino ratio

Return per unit of downside risk

1.81

3.65

-1.84

Omega ratio

Gain probability vs. loss probability

1.28

1.61

-0.33

Calmar ratio

Return relative to maximum drawdown

1.66

3.42

-1.76

Martin ratio

Return relative to average drawdown

7.12

21.19

-14.07

PAFGX vs. HRLYX - Sharpe Ratio Comparison

The current PAFGX Sharpe Ratio is 1.28, which is lower than the HRLYX Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of PAFGX and HRLYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PAFGXHRLYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.28

2.80

-1.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

0.86

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.61

+0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

0.28

+0.40

Correlation

The correlation between PAFGX and HRLYX is 0.72, 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.


Dividends

PAFGX vs. HRLYX - Dividend Comparison

PAFGX's dividend yield for the trailing twelve months is around 6.79%, more than HRLYX's 3.54% yield.


TTM20252024202320222021202020192018201720162015
PAFGX
T. Rowe Price Global Allocation Fund
6.79%6.75%5.00%2.32%2.74%7.14%0.79%2.92%2.26%0.75%0.36%1.62%
HRLYX
Hartford Real Asset Fund
3.54%3.95%0.00%4.36%4.79%19.52%3.10%3.11%2.49%3.62%0.76%1.33%

Drawdowns

PAFGX vs. HRLYX - Drawdown Comparison

The maximum PAFGX drawdown since its inception was -24.45%, smaller than the maximum HRLYX drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for PAFGX and HRLYX.


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Drawdown Indicators


PAFGXHRLYXDifference

Max Drawdown

Largest peak-to-trough decline

-24.45%

-45.58%

+21.13%

Max Drawdown (1Y)

Largest decline over 1 year

-7.71%

-7.49%

-0.22%

Max Drawdown (5Y)

Largest decline over 5 years

-22.00%

-16.86%

-5.14%

Max Drawdown (10Y)

Largest decline over 10 years

-24.45%

-36.82%

+12.37%

Current Drawdown

Current decline from peak

-5.17%

0.00%

-5.17%

Average Drawdown

Average peak-to-trough decline

-3.83%

-14.53%

+10.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.80%

1.21%

+0.59%

Volatility

PAFGX vs. HRLYX - Volatility Comparison

T. Rowe Price Global Allocation Fund (PAFGX) has a higher volatility of 3.94% compared to Hartford Real Asset Fund (HRLYX) at 3.01%. This indicates that PAFGX's price experiences larger fluctuations and is considered to be riskier 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


PAFGXHRLYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.94%

3.01%

+0.93%

Volatility (6M)

Calculated over the trailing 6-month period

6.05%

5.51%

+0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

9.95%

9.12%

+0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

9.42%

10.90%

-1.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.21%

12.84%

-2.63%