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Hartford Large Cap Growth ETF

HFGO
$
Today’s Change
()

Snapshot
*

Inception Date
Nov 9, 2021
Expense Ratio
0.59%
Type
US Equities
Fund Owner
Hartford Funds
Volume (1m avg. daily)
$17,369
AUM
$87,604,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

AAPL
Apple Inc
6.78%
AMZN
Amazon.com Inc.
6.7%
NVDA
NVIDIA Corp
5.97%
MSFT
Microsoft Corporation
5.39%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.83%
META
Meta Platforms Inc - Ordinary Shares - Class A
4.61%
AVGO
Broadcom Inc
4.4%
LLY
Lilly(Eli) & Co
4.03%
WDAY
Workday Inc - Ordinary Shares - Class A
2.89%
NFLX
Netflix Inc.
2.77%

What is HFGO?

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of common stocks covering a broad range of industries, companies and market capitalizations that the sub-adviser, Wellington Management Company LLP (the Sub-Adviser or Wellington Management ), believes exhibit long-term growth potential. Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities of large capitalization companies. The Fund may invest up to 25% of its net assets in American Depositary Receipts representing securities of foreign issuers. The Fund may trade securities actively.

1M
3M
6M
YTD
1Y
3Y
Max

HFGO
Performance Measures**

for the time period Nov 10, 2021 to Dec 4, 2025

Returns

1M Trailing Return: -0.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 5.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -44.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 26.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.46

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.20

The annualized return divided by the max drawdown for the selected time period.

ETFs related toHFGO

ETFs correlated to HFGO include VUG, JGRO, ILCG

HFGO
Hartford Funds Exchange-Traded Trust - Hartford Large Cap Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

HFGO is a US Equities ETF. The Fund seeks to achieve its investment objective by investing in a diversified portfolio of common stocks covering a broad range of industries, companies and market capitalizations that the sub-adviser, Wellington Management Company LLP (the Sub-Adviser or Wellington Management ), believes exhibit long-term growth potential. Under normal circumstances, the Fund will invest at least 80% of its assets in equity securities of large capitalization companies. The Fund may invest up to 25% of its net assets in American Depositary Receipts representing securities of foreign issuers. The Fund may trade securities actively.

Yes, HFGO is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, HFGO is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HFGO is -0.0255%. This is the percent change in the value of HFGO over the most recent 1-month period. The 3-month return on HFGO is -0.0319%. This is the percent change in the value of HFGO over the most recent 3-month period.

The standard deviation of HFGO for the past year is 0.2208%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HFGO include IWO, VTV, and IVW.

ETFs correlated to HFGO include VUG, JGRO, and ILCG.

ETFs that are inversely correlated to HFGO include SQQQ, PSQ, and QID.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.