HQGO vs IVV
Hartford US Quality Growth ETF vs iShares Core S&P 500 ETF
Which is better, HQGO or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. HQGO is less concentrated, with 37.7% of the fund in its ten largest positions against 37.8%.
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 | HQGO | IVV |
|---|---|---|
| Expense Ratio | 0.34% | 0.03%Best |
| AUM | $50M | $876.4B |
| Dividend Yield | 0.45% | 1.06% |
| Holdings | 164 | 508 |
| YTD Return | +10.42% | +11.51%Best |
| 1Y Return | +13.14% | +15.96%Best |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.66% |
| Volatility (annualized) | 12.9% | 11.9%Best |
| Max Drawdown | -20.9% | -18.8%Best |
| $10,000 over 2.8 years | $16,931 | $17,347Best |
| Top 10 Weight | 37.7%Best | 37.8% |
| Fund Family | Hartford Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Dec 5, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 6, 2023 to Sep 15, 2026 (2.8 years).
HQGO vs IVV 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 2.8 years both funds cover.
HQGO vs IVV Performance
Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HQGO returned +13.14% while IVV returned +15.96%. Year to date, HQGO is up 10.42% versus a gain of 11.51% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HQGO has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 11.9% for IVV. 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 -20.9% for HQGO and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HQGO charges 0.34% per year while IVV charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, HQGO currently yields 0.45% against 1.06% for IVV.
Holdings Overlap
86.3% of HQGO's money is in holdings IVV also owns. 60.4% of IVV's money is in holdings HQGO also owns.
Most of HQGO is already inside IVV. Owning both mostly buys the same companies twice.
116 positions in common, counted across the 161 positions we hold weights for in HQGO and 490 in IVV, against full books of 164 and 508.
What only one of them owns
Our book lists 366 positions for IVV that do not appear in our book for HQGO (38.3% of the fund), and 44 for HQGO that do not appear in IVV (13.3%).
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 HQGO | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.65% | 8.07% | 2.42% |
| AAPLApple, Inc | 5.22% | 7.02% | 1.80% |
| MSFTMicrosoft Corp | 4.88% | 5.69% | 0.81% |
| AMZNAmazon.Com Inc | 5.01% | 3.84% | 1.17% |
| GOOGLAlphabet Inc,class A | 4.80% | 3.00% | 1.80% |
| AVGOBroadcom Inc | 3.33% | 2.65% | 0.68% |
| METAMeta Platforms Inc | 2.62% | 1.90% | 0.72% |
| JPMJpmorgan Chase | 2.09% | 1.44% | 0.65% |
| TSLATesla Inc | 1.96% | 1.56% | 0.40% |
| LLYEli Lilly & Co. | 1.95% | 1.38% | 0.57% |
86.3% of HQGO is already inside IVV.
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, HQGO or IVV?
HQGO has an expense ratio of 0.34% while IVV charges 0.03%. IVV is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, HQGO or IVV?
Over the past year HQGO returned +13.14% vs +15.96% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HQGO or IVV?
HQGO has been the more volatile fund at 12.9% annualized versus 11.9% for IVV. Worst drawdown: HQGO -20.9% vs IVV -18.8%.
Should I hold both HQGO and IVV?
HQGO and IVV have a monthly-return correlation of 0.98, 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 HQGO and IVV?
86.3% of HQGO's money is in holdings IVV also owns. 60.4% of IVV's is in holdings HQGO also owns. They hold 116 positions in common, counted across the 161 positions we hold weights for in HQGO and 490 in IVV.
Which pays a higher dividend, HQGO or IVV?
HQGO yields 0.45% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than HQGO?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. HQGO is less concentrated, with 37.7% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.