SEMNX vs. SFENX

Last updated Jun 25, 2026

SEMNX (Hartford Schroders Emerging Markets Equity Fund Class I) and SFENX (Schwab Fundamental Emerging Markets Equity Index Fund) are both Emerging Markets Equities funds. Over the past 10 years, SEMNX returned 11.76%/yr vs 10.87%/yr for SFENX. Their correlation of 0.91 suggests significant overlap in exposure. SEMNX charges 1.23%/yr vs 0.39%/yr for SFENX.

Performance

SEMNX vs. SFENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) and Schwab Fundamental Emerging Markets Equity Index Fund (SFENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEMNX achieves a 28.10% return, which is significantly higher than SFENX's 11.20% return. Over the past 10 years, SEMNX has outperformed SFENX with an annualized return of 11.76%, while SFENX has yielded a comparatively lower 10.87% annualized return.

SEMNX

• 1D: -6.04%
• 1M: 1.91%
• YTD: 28.10%
• 6M: 29.62%
• 1Y: 58.10%
• 3Y*: 25.58%
• 5Y*: 7.83%
• 10Y*: 11.76%

SFENX

• 1D: -2.32%
• 1M: -1.02%
• YTD: 11.20%
• 6M: 11.59%
• 1Y: 27.09%
• 3Y*: 19.75%
• 5Y*: 9.04%
• 10Y*: 10.87%

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

SEMNX vs. SFENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	28.10%	40.36%	7.56%	8.80%	-22.30%	-5.11%	23.58%	22.12%	-15.57%	40.87%
SFENX Schwab Fundamental Emerging Markets Equity Index Fund	11.20%	29.19%	12.31%	14.90%	-15.50%	13.91%	-3.01%	19.46%	-9.96%	26.44%

Correlation

The correlation between SEMNX and SFENX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009	0.91

The correlation between SEMNX and SFENX has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.

Return for Risk

SEMNX vs. SFENX — Risk / Return Rank

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

SEMNX

SEMNX Risk / Return Rank: 84
SEMNX Sharpe Ratio Rank: 89
SEMNX Sortino Ratio Rank: 70
SEMNX Omega Ratio Rank: 83
SEMNX Calmar Ratio Rank: 90
SEMNX Martin Ratio Rank: 90

SFENX

SFENX Risk / Return Rank: 62
SFENX Sharpe Ratio Rank: 62
SFENX Sortino Ratio Rank: 56
SFENX Omega Ratio Rank: 60
SFENX Calmar Ratio Rank: 73
SFENX Martin Ratio Rank: 58

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.

SEMNX vs. SFENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) and Schwab Fundamental Emerging Markets Equity Index Fund (SFENX). 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.

	SEMNX	SFENX	Difference
Sharpe ratio: Return per unit of total volatility	2.65	2.12	+0.53
Sortino ratio: Return per unit of downside risk	3.11	2.86	+0.25
Omega ratio: Gain probability vs. loss probability	1.50	1.39	+0.11
Calmar ratio: Return relative to maximum drawdown	4.24	3.15	+1.09
Martin ratio: Return relative to average drawdown	16.07	10.89	+5.18

SEMNX vs. SFENX - Sharpe Ratio Comparison

The current SEMNX Sharpe Ratio is 2.65, which is comparable to the SFENX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of SEMNX and SFENX, 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

SEMNX vs. SFENX - Drawdown Comparison

The maximum SEMNX drawdown since its inception was -65.10%, which is greater than SFENX's maximum drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for SEMNX and SFENX.

Drawdown Indicators

	SEMNX	SFENX	Difference
Max Drawdown Largest peak-to-trough decline	-65.10%	-47.19%	-17.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-9.45%	-5.35%
Max Drawdown (3Y) Largest decline over 3 years	-16.67%	-16.51%	-0.16%
Max Drawdown (5Y) Largest decline over 5 years	-39.49%	-29.26%	-10.23%
Max Drawdown (10Y) Largest decline over 10 years	-42.47%	-39.59%	-2.88%
Current Drawdown Current decline from peak	-6.04%	-5.19%	-0.85%
Average Drawdown Average peak-to-trough decline	-17.22%	-12.86%	-4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.90%	2.73%	+1.17%

Volatility

SEMNX vs. SFENX - Volatility Comparison

Hartford Schroders Emerging Markets Equity Fund Class I (SEMNX) has a higher volatility of 13.91% compared to Schwab Fundamental Emerging Markets Equity Index Fund (SFENX) at 5.83%. This indicates that SEMNX's price experiences larger fluctuations and is considered to be riskier than SFENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEMNX	SFENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.91%	5.83%	+8.08%
Volatility (6M) Calculated over the trailing 6-month period	21.43%	11.74%	+9.69%
Volatility (1Y) Calculated over the trailing 1-year period	23.65%	14.01%	+9.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	15.53%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.01%	16.84%	+2.17%

SEMNX vs. SFENX - Expense Ratio Comparison

SEMNX has a 1.23% expense ratio, which is higher than SFENX's 0.39% expense ratio.

Dividends

SEMNX vs. SFENX - Dividend Comparison

SEMNX's dividend yield for the trailing twelve months is around 1.23%, less than SFENX's 3.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SEMNX Hartford Schroders Emerging Markets Equity Fund Class I	1.23%	1.58%	1.16%	1.33%	1.86%	1.21%	0.77%	2.17%	1.22%	0.82%	0.94%	0.94%
SFENX Schwab Fundamental Emerging Markets Equity Index Fund	3.54%	3.93%	4.67%	5.00%	5.46%	4.61%	2.95%	3.82%	2.90%	2.37%	2.16%	3.23%

Frequently Asked Questions

Can I hold both SEMNX and SFENX in my portfolio?

SEMNX and SFENX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEMNX or SFENX?

SEMNX has higher volatility (13.91%) compared to SFENX (5.83%). In terms of maximum drawdown, SEMNX dropped -65.10% vs SFENX's -47.19%.

Which has better risk-adjusted returns?

SEMNX currently has the higher Sharpe Ratio (2.65 vs 2.12), 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.