HFGO vs HQGO
Hartford Large Cap Growth ETF vs Hartford US Quality Growth ETF
Which is better, HFGO or HQGO?
Each has led over a different period.
HQGO has a lower expense ratio. HFGO led over 3Y, HQGO over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 62.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HFGO | HQGO |
|---|---|---|
| Expense Ratio | 0.59% | 0.34%Best |
| AUM | $161M | $5M |
| Dividend Yield | 0.00% | 0.52% |
| Holdings | 94 | 381 |
| YTD Return | -1.65% | +11.62%Best |
| 1Y Return | -3.91% | +11.08%Best |
| 3Y Return (annualized) | +20.30%Best | +19.93% |
| 5Y Return (annualized) | +6.41% | - |
| Volatility (annualized) | 19.1% | 12.6%Best |
| Max Drawdown | -25.2% | -20.9%Best |
| $10,000 over 2.9 years | $16,755 | $16,939Best |
| Top 10 Weight | 62.3% | 38.1%Best |
| Fund Family | Hartford Funds | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 9, 2021 | Dec 5, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Nov 11, 2026 (2.9 years).
HFGO vs HQGO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
HFGO vs HQGO Performance
Hartford Large Cap Growth ETF (HFGO) is an ETF from Hartford Funds and Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds. Over the past year HFGO returned -3.91% while HQGO returned +11.08%. Year to date, HFGO is down 1.65% versus a gain of 11.62% for HQGO.
Over three years, HFGO compounded at +20.30% per year against +19.93% for HQGO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HFGO has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 12.6% for HQGO. 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 -25.2% for HFGO and -20.9% for HQGO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HFGO charges 0.59% per year while HQGO charges 0.34%. On a $10,000 position that is $59 vs $34 annually, a gap of $25 per year that compounds over a long holding period. On income, HFGO currently yields 0.00% against 0.52% for HQGO.
Holdings Overlap
72.2% of HFGO's money is in holdings HQGO also owns. 41.5% of HQGO's money is in holdings HFGO also owns.
Most of HFGO is already inside HQGO. Owning both mostly buys the same companies twice.
18 positions in common, counted across the 45 positions we hold weights for in HFGO and 190 in HQGO, against full books of 94 and 381.
What only one of them owns
Our book lists 171 positions for HQGO that do not appear in our book for HFGO (58.3% of the fund), and 21 for HFGO that do not appear in HQGO (19.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HFGO | Weight in HQGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.77% | 5.49% | 11.28% |
| GOOGLAlphabet Inc | 9.99% | 4.82% | 5.17% |
| MSFTMicrosoft Corp | 6.60% | 4.71% | 1.89% |
| AAPLApple Inc | 4.77% | 5.37% | 0.60% |
| AVGOBroadcom Inc | 5.17% | 3.36% | 1.81% |
| AMZNAmazon.Com Inc | 4.08% | 4.33% | 0.25% |
| METAMeta Platforms Inc | 5.17% | 3.11% | 2.06% |
| LLYEli Lilly & Co | 3.87% | 2.00% | 1.87% |
| SNDKVSandisk Corp. | 3.06% | 0.82% | 2.24% |
| AMDAdvanced Micro Devices Inc | 1.08% | 2.59% | 1.51% |
72.2% of HFGO is already inside HQGO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HFGO or HQGO?
HFGO has an expense ratio of 0.59% while HQGO charges 0.34%. HQGO is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, HFGO or HQGO?
Over the past year HFGO returned -3.91% vs +11.08% for HQGO, so HQGO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFGO or HQGO?
HFGO has been the more volatile fund at 19.1% annualized versus 12.6% for HQGO. Worst drawdown: HFGO -25.2% vs HQGO -20.9%.
Should I hold both HFGO and HQGO?
HFGO and HQGO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HFGO and HQGO?
72.2% of HFGO's money is in holdings HQGO also owns. 41.5% of HQGO's is in holdings HFGO also owns. They hold 18 positions in common, counted across the 45 positions we hold weights for in HFGO and 190 in HQGO.
Which pays a higher dividend, HFGO or HQGO?
HFGO yields 0.00% while HQGO yields 0.52%, so HQGO currently pays the higher dividend yield.
Is HQGO better than HFGO?
HQGO has a lower expense ratio. HFGO led over 3Y, HQGO over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 62.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.