HLGE vs VOO
Hartford Longevity Economy ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | HLGE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.03% | |
| AUM | $13M | $997.4B | |
| Dividend Yield | 1.34% | 1.08% | |
| Holdings | 342 | 509 | |
| YTD Return | +2.20% | +12.25% | |
| 1Y Return | +5.26% | +20.92% | |
| 3Y Return (annualized) | +12.26% | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 16.4% | 14.1% | |
| Max Drawdown | -23.9% | -34.3% | |
| Fund Family | Hartford Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 16, 2021 | Sep 7, 2010 |
HLGE vs VOO Performance
Hartford Longevity Economy ETF (HLGE) is a ETF from Hartford Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HLGE returned +5.26% while VOO returned +20.92%. Year to date, HLGE is up 2.20% versus a gain of 12.25% for VOO.
Over three years, HLGE compounded at +12.26% per year against +21.79% for VOO. Across the full 4-year window we track, VOO has the edge at +13.45% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HLGE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.1% for VOO. 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 -23.9% for HLGE and -34.3% for VOO. 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HLGE charges 0.44% per year while VOO charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period. On income, HLGE currently yields 1.34% against 1.08% for VOO.
Frequently Asked Questions
Which is cheaper, HLGE or VOO?
HLGE has an expense ratio of 0.44% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, HLGE or VOO?
Over the past year HLGE returned +5.26% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), HLGE annualized +7.02% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, HLGE or VOO?
HLGE has been the more volatile fund at 16.4% annualized versus 14.1% for VOO. Worst drawdown: HLGE -23.9% vs VOO -34.3%.
Should I hold both HLGE and VOO?
HLGE and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, HLGE or VOO?
HLGE yields 1.34% while VOO yields 1.08%, so HLGE currently pays the higher dividend yield.
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