Quick Verdict

HCOM has a lower expense ratio. GLOW delivered stronger 1-year returns. HCOM offers more diversification with 55 holdings.

Lower Fees: HCOMHigher Returns: GLOWMore Diversified: HCOM

Side-by-Side Comparison

MetricGLOWHCOMWinner
Expense Ratio0.72%0.59%
AUM$63M$9M
Dividend Yield1.28%10.95%
Holdings1655
YTD Return+14.31%+0.71%
1Y Return+25.58%-4.90%
3Y Return (annualized)--6.95%
5Y Return (annualized)--
Volatility (annualized)10.7%14.7%
Max Drawdown-15.6%-28.8%
Fund FamilyVictory Capital Management Inc.Hartford Funds
CategoryEquityCommodity
InceptionJun 21, 2024Sep 14, 2021

GLOW vs HCOM Performance

VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc. and Hartford Schroders Commodity Strategy ETF (HCOM) is a ETF from Hartford Funds. Over the past year GLOW returned +25.58% while HCOM returned -4.90%. Year to date, GLOW is up 14.31% versus a gain of 0.71% for HCOM.

Risk: Volatility and Drawdowns

HCOM has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 10.7% for GLOW. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -15.6% for GLOW and -28.8% for HCOM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.05. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GLOW charges 0.72% per year while HCOM charges 0.59%. On a $10,000 position that is $72 vs $59 annually, a gap of $13 per year that compounds over a long holding period. On income, GLOW currently yields 1.28% against 10.95% for HCOM.

Frequently Asked Questions

Which is cheaper, GLOW or HCOM?

GLOW has an expense ratio of 0.72% while HCOM charges 0.59%. HCOM is the cheaper option. On a $10,000 investment, that is $13 per year of difference.

Which performed better, GLOW or HCOM?

Over the past year GLOW returned +25.58% vs -4.90% for HCOM, so GLOW leads on 1-year performance. Over the longest common window we track (2 years), GLOW annualized +19.77% vs +0.68% for HCOM. Past performance does not guarantee future results.

Which is riskier, GLOW or HCOM?

HCOM has been the more volatile fund at 14.7% annualized versus 10.7% for GLOW. Worst drawdown: GLOW -15.6% vs HCOM -28.8%.

Should I hold both GLOW and HCOM?

GLOW and HCOM have a monthly-return correlation of -0.05, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, GLOW or HCOM?

GLOW yields 1.28% while HCOM yields 10.95%, so HCOM currently pays the higher dividend yield.

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