HFGO vs XOVR
Hartford Large Cap Growth ETF vs ERShares Private-Public Crossover ETF
Which is better, HFGO or XOVR?
Each has led over a different period.
HFGO has a lower expense ratio. HFGO led over 3Y, 5Y and the full window, XOVR over 1Y. The two have moved almost in lockstep, correlation 0.90.
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 | XOVR |
|---|---|---|
| Expense Ratio | 0.59%Best | 1.81% |
| AUM | $161M | $1.4B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 94 | 67 |
| YTD Return | -2.05% | +0.45%Best |
| 1Y Return | -4.09% | -3.37%Best |
| 3Y Return (annualized) | +20.12%Best | +19.76% |
| 5Y Return (annualized) | +6.05%Best | +3.54% |
| Volatility (annualized) | 22.6%Best | 25.0% |
| Max Drawdown | -44.6%Best | -49.2% |
| $10,000 over 5 years | $13,414Best | $11,900 |
| Fund Family | Hartford Funds | ERShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 9, 2021 | Nov 7, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 10, 2021 to Nov 12, 2026 (5 years).
HFGO vs XOVR 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 5 years both funds cover.
HFGO vs XOVR Performance
Hartford Large Cap Growth ETF (HFGO) is an ETF from Hartford Funds and ERShares Private-Public Crossover ETF (XOVR) is an ETF from ERShares. Over the past year HFGO returned -4.09% while XOVR returned -3.37%. Year to date, HFGO is down 2.05% versus a gain of 0.45% for XOVR.
Over three years, HFGO compounded at +20.12% per year against +19.76% for XOVR; over five years the annualized figures are +6.05% and +3.54% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XOVR has been the more volatile fund, with annualized monthly volatility of 25.0% compared with 22.6% for HFGO. 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 -44.6% for HFGO and -49.2% for XOVR. 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 XOVR charges 1.81%. On a $10,000 position that is $59 vs $181 annually, a gap of $122 per year that compounds over a long holding period. On income, HFGO currently yields 0.00% against 0.00% for XOVR.
Holdings Overlap
At least 41.4% of HFGO's money is in holdings XOVR also owns.
Stated as a floor: for XOVR, our book for it covers 78.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
9 positions in common, counted across the 45 positions we hold weights for in HFGO and 29 in XOVR, against full books of 94 and 67.
Top Shared Holdings
| Stock | Weight in HFGO | Weight in XOVR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.77% | 9.19% | 7.58% |
| GOOGLAlphabet Inc | 9.99% | 6.12% | 3.87% |
| METAMeta Platforms Inc | 5.17% | 5.05% | 0.12% |
| ANETArista Networks Inc Common Stock | 2.83% | 2.21% | 0.62% |
| NTRANatera Inc | 1.87% | 2.22% | 0.35% |
| PLTRPalantir Technologies Inc. | 2.50% | 1.54% | 0.96% |
| ABNBAirbnb Inc | 1.06% | 2.26% | 1.20% |
| RDDTReddit Inc Series C Pc Pp | 0.64% | 2.16% | 1.52% |
| AXONAxon Enterprise Inc | 0.61% | 1.34% | 0.73% |
41.4% of HFGO is already inside XOVR.
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 XOVR?
HFGO has an expense ratio of 0.59% while XOVR charges 1.81%. HFGO is the cheaper option, by $122 a year on a $10,000 investment.
Which performed better, HFGO or XOVR?
Over the past year HFGO returned -4.09% vs -3.37% for XOVR, so XOVR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFGO or XOVR?
XOVR has been the more volatile fund at 25.0% annualized versus 22.6% for HFGO. Worst drawdown: HFGO -44.6% vs XOVR -49.2%.
Should I hold both HFGO and XOVR?
HFGO and XOVR 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 XOVR?
At least 41.4% of HFGO's money is in holdings XOVR also owns. Our book for XOVR is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 45 positions we hold weights for in HFGO and 29 in XOVR.
Which pays a higher dividend, HFGO or XOVR?
HFGO yields 0.00% while XOVR yields 0.00%, so XOVR currently pays the higher dividend yield.
Is XOVR better than HFGO?
HFGO has a lower expense ratio. HFGO led over 3Y, 5Y and the full window, XOVR over 1Y. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.