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Client Conversations

US and International Markets Have Moved in Cycles


While we hope US stocks continue to perform well, history suggests that international stocks may soon have their day in the sun. Since 1970, the
outperformance cycle for US versus international stocks has lasted an average of 7.4 years. We’re currently 8.1 years into the current cycle of US
outperformance, which suggests the tides may be getting ready to turn.

US Equity vs. International Equity 5-Year Rolling Returns (1/1/1970-3/31/2019)

20 US Outperforms
15 8.1 years

10
Relative Performance (%)

-5

-10
International Outperforms
-15

-20
’74 ’76 ’78 ’80 ’82 ’84 ’86 ’88 ’90 ’92 ’94 ’96 ’98 ’00 ’02 ’04 ’06 ’08 ’10 ’12 ’14 ’16 3/19
Years
The chart shows the values of the S&P 500 Index’s returns minus the MSCI World ex USA Index’s returns. When the line is above 0, domestic stocks outperformed
international stocks. When the line is below 0, international stocks outperformed domestic stocks.
Data Source: Morningstar; Calculations: Hartford Funds, 4/19.
Performance data quoted represents past performance and does not guarantee future results. The performance shown above is index performance and is not representative of any Hartford fund’s performance.
Indices are unmanaged and not available for direct investment.
20 International equity is represented by the MSCI World ex USA Index. Please see page 2 for representative index definitions. For illustrative purposes only.
US equity is represented by S&P 500 Index;
15

10
Client Conversations

Hartford Funds Global and International Equity Funds*

Class I
Ticker

Global/International Equity Funds


Hartford Emerging Markets Equity HERIX
Hartford International Equity HDVIX
Hartford Schroders Intl Multi-Cap Value SIDNX
Hartford Schroders International Stock SCIEX
Hartford Multifactor Dev Mkts (ex-US) ETF RODM
Hartford Multifactor Global SmallCap ETF ROGS

Talk to your financial advisor today about the allocation to international equities that’s right for you

* For a full list of Hartford Funds, please visit hartfordfunds.com


S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
MSCI World ex USA Index captures large and mid cap representation across developed market countries, excluding the US.
Investors should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other important information is contained in a fund’s
full prospectus and summary prospectus, which can be obtained by visiting hartfordfunds.com. Please read it carefully before investing.
Important Risks: Investing involves risk, including the possible loss of principal. • Foreign investments may be more volatile and less liquid than U.S.
investments and are subject to the risk of currency fluctuations and adverse political and economic developments. These risks may be greater for investments
in emerging markets.
Mutual funds are distributed by Hartford Funds Distributors, LLC (HFD), Member FINRA. Exchange-traded products are distributed by ALPS Distributors, Inc. (ALPS). Advisory services are provided by Hartford Funds Management
Company, LLC (HFMC) and its wholly owned subsidiary, Lattice Strategies, LLC (Lattice). Hartford Funds refers to HFD, HFMC, and Lattice, which are not affiliated with ALPS.

211760 CCWP014_0419 LAT001455 4/25/2021

hartfordfunds.com 888-843-7824 hartfordfunds.com/linkedin

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