Hennessy Cornerstone Growth Fund (HFCGX)
The fund may invest in any company whose securities are listed on a U.S. national securities exchange, including through ADRs, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. The fund invests in growth-oriented common stocks by utilizing a quantitative formula known as the Cornerstone Growth Strategy. It purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.
Fund Info
US4258881048
425888104
Nov 1, 1996
$2,500
Small-Cap
Blend
Expense Ratio
HFCGX has a high expense ratio of 1.34%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Hennessy Cornerstone Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Hennessy Cornerstone Growth Fund had a return of 3.08% year-to-date (YTD) and 8.56% in the last 12 months. Over the past 10 years, Hennessy Cornerstone Growth Fund had an annualized return of 5.14%, while the S&P 500 had an annualized return of 11.31%, indicating that Hennessy Cornerstone Growth Fund did not perform as well as the benchmark.
HFCGX
3.08%
-1.26%
-5.76%
8.56%
10.09%
5.14%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of HFCGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.49% | 3.08% | |||||||||||
| 2024 | 3.95% | 12.21% | 7.43% | -4.82% | 7.55% | -5.65% | 8.13% | 0.56% | 0.25% | -1.83% | 10.99% | -18.89% | 16.61% |
| 2023 | 6.28% | -2.75% | -4.85% | -4.92% | -1.31% | 14.83% | 6.54% | -0.58% | -1.13% | -6.44% | 5.71% | 8.94% | 19.58% |
| 2022 | -10.48% | 0.31% | 5.48% | -2.74% | 6.34% | -12.86% | 10.03% | -1.19% | -10.78% | 16.28% | 4.57% | -7.80% | -7.17% |
| 2021 | 2.07% | 6.76% | 7.82% | 2.49% | 4.25% | 0.32% | -5.45% | 2.39% | -4.46% | 3.94% | 2.98% | -18.62% | 1.46% |
| 2020 | -4.83% | -10.09% | -29.03% | 17.07% | 10.28% | 5.42% | 6.99% | 6.92% | 0.91% | -0.30% | 17.73% | 5.12% | 17.73% |
| 2019 | 11.13% | 1.40% | -3.74% | 1.49% | -5.76% | 8.50% | 1.13% | -3.90% | -0.37% | 1.32% | 5.07% | 4.03% | 20.70% |
| 2018 | 2.90% | -6.96% | 0.69% | 0.90% | 2.85% | -1.20% | -0.46% | 5.51% | -1.32% | -10.42% | -3.97% | -18.55% | -28.23% |
| 2017 | -0.72% | -0.24% | 0.54% | 0.10% | -2.57% | 2.63% | 3.73% | 1.21% | 7.52% | 3.60% | -0.46% | 0.50% | 16.60% |
| 2016 | -7.11% | 2.70% | 4.55% | -2.62% | 1.45% | 1.65% | 4.65% | -1.40% | 0.15% | -4.09% | 8.85% | 0.29% | 8.37% |
| 2015 | -2.74% | 6.75% | 0.95% | -4.54% | 2.84% | 1.05% | 1.79% | -5.13% | -1.90% | 4.93% | -0.95% | -3.38% | -1.09% |
| 2014 | -3.53% | 4.02% | 1.41% | -0.81% | 0.41% | 4.18% | -3.62% | 6.13% | -3.27% | 5.18% | 2.03% | 1.52% | 13.82% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HFCGX is 9, meaning it’s performing worse than 91% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Hennessy Cornerstone Growth Fund (HFCGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Hennessy Cornerstone Growth Fund provided a 0.12% dividend yield over the last twelve months, with an annual payout of $0.04 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.04 | $0.04 | $0.10 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
Dividend yield | 0.12% | 0.13% | 0.38% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Hennessy Cornerstone Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Hennessy Cornerstone Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Hennessy Cornerstone Growth Fund was 71.42%, occurring on Nov 20, 2008. Recovery took 2230 trading sessions.
The current Hennessy Cornerstone Growth Fund drawdown is 16.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.42% | May 9, 2006 | 638 | Nov 20, 2008 | 2230 | Oct 3, 2017 | 2868 |
| -58.2% | Jan 22, 2018 | 543 | Mar 18, 2020 | 203 | Jan 6, 2021 | 746 |
| -48.84% | Oct 7, 1997 | 263 | Oct 8, 1998 | 302 | Dec 6, 1999 | 565 |
| -42.45% | Nov 15, 2021 | 217 | Sep 26, 2022 | 373 | Mar 21, 2024 | 590 |
| -30.05% | Sep 15, 2000 | 45 | Nov 16, 2000 | 165 | Jul 18, 2001 | 210 |
Volatility
Volatility Chart
The current Hennessy Cornerstone Growth Fund volatility is 6.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.