THE HARTFORD Correlations

HBLTX Fund

USD 14.91 0.01 0.07%

Current 90-days correlation between Hartford Balanced and Vanguard Lifestrategy Servative is 0.88 (i.e., Very poor diversification).When its correlation with a broad index is high, most of the stock's return is explained by market movement.

THE HARTFORD vs Market Correlation

Minimal diversification benefit

Across the chosen horizon, THE HARTFORD and Dow Jones show a correlation of 0.94 and fall into the Minimal diversification benefit bucket. The overlap area shows the portion of risk diversified away by holding both instruments together.

A holding's risk contribution depends on both its volatility and its correlation with other portfolio positions. Diversification context is built from the relationships between portfolio holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence The Hartford Balanced's mutual fund valuation - related indicators include signals in inflation.

Moving Together With THE HARTFORD Mutual Fund

0.7	HHHYX	Hartford Schroders Emerging	Pair Corr
0.76	HHMAX	The Hartford Municipal	Pair Corr
0.78	HHMCX	The Hartford Municipal	Pair Corr
0.81	HHMFX	The Hartford Municipal	Pair Corr
0.77	HHMIX	The Hartford Municipal	Pair Corr
0.76	HIMCX	Hartford Midcap Hls	Pair Corr
0.63	HIPIX	The Hartford Inflation	Pair Corr
0.84	SIDVX	Hartford Schroders International	Pair Corr
0.83	ITBVX	The Hartford Total	Pair Corr
0.77	ITHSX	The Hartford Capital	Pair Corr
0.93	ITTAX	The Hartford Balanced	Pair Corr
0.93	ITTFX	The Hartford Balanced	Pair Corr
0.93	ITTIX	The Hartford Balanced	Pair Corr
0.92	HAHAX	The Hartford High	Pair Corr
0.89	HSDTX	The Hartford Short	Pair Corr
0.85	HSDYX	The Hartford Short	Pair Corr
0.84	HBGHX	Hartford Healthcare Hls	Pair Corr
1.0	HBLRX	The Hartford Balanced	Pair Corr
1.0	HBLVX	The Hartford Balanced	Pair Corr
0.95	HBLAX	The Hartford Balanced	Pair Corr
1.0	HBLFX	The Hartford Balanced	Pair Corr
0.88	HCVCX	The Hartford Servative	Pair Corr
0.85	HCVIX	The Hartford Servative	Pair Corr
0.9	HWDIX	The Hartford World	Pair Corr
0.91	HFAJX	Hartford Schroders Intl	Pair Corr
0.74	HGITX	Hartford E Equity	Pair Corr
0.79	HGHSX	The Hartford Healthcare	Pair Corr
0.95	VWIAX	Vanguard Wellesley Income	Pair Corr
0.99	VWINX	Vanguard Wellesley Income	Pair Corr
0.93	BKMIX	BlackRock Multi Asset Income	Pair Corr
1.0	HBLSX	The Hartford Balanced	Pair Corr

Moving Differently From THE HARTFORD Mutual Fund

0.82	UIPIX	Ultrashort Mid Cap Profund	Pair Corr
0.49	USPIX	Profunds Ultrashort Nasdaq 100	Pair Corr
0.48	USPSX	Profunds Ultrashort Nasdaq 100	Pair Corr

Related Correlations Analysis

	HBLVX	HBLRX	GETGX	VEVRX	MRSAX	VEVIX	PRAFX	PAROX	SWISX	VSCGX
HBLVX		1.0	0.94	0.93	0.96	0.94	0.88	0.86	0.95	0.88	HBLVX
HBLRX	1.0		0.93	0.92	0.95	0.93	0.87	0.84	0.94	0.86	HBLRX
GETGX	0.94	0.93		1.0	0.9	1.0	0.86	0.93	0.91	0.93	GETGX
VEVRX	0.93	0.92	1.0		0.89	1.0	0.86	0.94	0.9	0.94	VEVRX
MRSAX	0.96	0.95	0.9	0.89		0.9	0.89	0.87	0.99	0.89	MRSAX
VEVIX	0.94	0.93	1.0	1.0	0.9		0.86	0.93	0.9	0.94	VEVIX
PRAFX	0.88	0.87	0.86	0.86	0.89	0.86		0.86	0.9	0.88	PRAFX
PAROX	0.86	0.84	0.93	0.94	0.87	0.93	0.86		0.9	1.0	PAROX
SWISX	0.95	0.94	0.91	0.9	0.99	0.9	0.9	0.9		0.91	SWISX
VSCGX	0.88	0.86	0.93	0.94	0.89	0.94	0.88	1.0	0.91		VSCGX
	HBLVX	HBLRX	GETGX	VEVRX	MRSAX	VEVIX	PRAFX	PAROX	SWISX	VSCGX

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Risk-Adjusted Indicators

Evaluating THE HARTFORD Mutual Fund requires separating price momentum from underlying operating strength versus competitors. Risk-adjusted metrics help compare THE HARTFORD's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
HBLVX	0.31	-0.01	-0.02	-0.02	0.40	-0.34	0.67	-0.66	1.75
HBLRX	0.32	-0.01	0.00	-0.03	0.00	0.00	0.67	-0.66	1.77
GETGX	0.65	0.02	0.02	0.02	0.75	-0.68	1.28	-1.28	3.83
VEVRX	0.65	0.02	0.02	0.03	0.76	-0.66	1.29	-1.31	3.86
MRSAX	0.86	0.01	0.01	0.01	1.15	-0.88	1.93	-1.75	5.40
VEVIX	0.65	0.02	0.02	0.02	0.76	-0.66	1.27	-1.27	3.85
PRAFX	0.94	0.06	0.04	0.06	1.51	-0.81	2.20	-2.19	5.87
PAROX	0.79	0.08	0.08	0.08	0.87	-0.87	1.90	-1.83	4.15
SWISX	1.01	0.04	0.03	0.03	1.25	-1.09	2.47	-2.06	6.21
VSCGX	0.41	0.04	0.07	0.08	0.43	-0.46	0.91	-0.96	2.15