- ISIN
- US4258881048
- CUSIP
- 425888104
- Issuer
- Hennessy
- Inception Date
- Nov 1, 1996
- Category
- Small Cap Blend Equities
- Min. Investment
- $2,500
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
HFCGX Performance Chart
Hennessy Cornerstone Growth Fund (HFCGX) is up 14.8% since the beginning of the year. HFCGX is currently trading at $38 per share. Investors who bought $1,000 worth of HFCGX shares 5 years ago would now be looking at an investment worth $1,804.
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Returns By Period
Hennessy Cornerstone Growth Fund (HFCGX) has returned 14.84% so far this year and 21.13% over the past 12 months. Over the last ten years, HFCGX has returned 12.75% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Hennessy Cornerstone Growth Fund
- 1D
- 1.16%
- 1M
- 4.16%
- YTD
- 14.84%
- 6M
- 16.17%
- 1Y
- 21.13%
- 3Y*
- 24.56%
- 5Y*
- 12.52%
- 10Y*
- 12.75%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
HFCGX Monthly Returns History
Based on dividend-adjusted daily data since Nov 1, 1996, HFCGX's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.
Historically, 60% of months were positive and 40% were negative. The best month was Oct 2011 with a return of +20.1%, while the worst month was Mar 2020 at -29.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, HFCGX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +13.2%, while the worst single day was Mar 16, 2020 at -15.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.71% | 1.35% | -4.32% | 8.27% | 3.27% | 1.16% | 14.84% | ||||||
| 2025 | 3.49% | -4.92% | -3.38% | -1.02% | 4.64% | 2.17% | -1.06% | 3.25% | 0.83% | -2.97% | 4.13% | 0.09% | 4.78% |
| 2024 | 3.95% | 12.21% | 7.43% | -4.82% | 7.55% | -5.65% | 8.13% | 0.56% | 0.25% | -1.83% | 10.99% | -8.56% | 31.45% |
| 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% | -5.61% | -4.97% |
| 2021 | 2.07% | 6.76% | 7.82% | 2.49% | 4.25% | 0.32% | -5.45% | 2.39% | -4.46% | 3.94% | 2.98% | 4.22% | 29.94% |
Benchmark Metrics
Hennessy Cornerstone Growth Fund has an annualized alpha of 1.99%, beta of 1.04, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since November 04, 1996.
- This fund captured 112.76% of S&P 500 Index gains and 106.45% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.04 and R2 of 0.66, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.99%
- Beta
- 1.04
- R²
- 0.66
- Upside Capture
- 112.76%
- Downside Capture
- 106.45%
Expense Ratio
HFCGX has a high expense ratio of 1.34%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
HFCGX ranks 41 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hennessy Cornerstone Growth Fund (HFCGX) and compare them to S&P 500 Index.
| HFCGX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.73 | 2.39 | -0.66 |
Sortino ratioReturn per unit of downside risk | 2.53 | 3.25 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.43 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 2.85 | 3.11 | -0.26 |
Martin ratioReturn relative to average drawdown | 9.39 | 14.38 | -4.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Hennessy Cornerstone Growth Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $4.49 | $0.10 | $0.82 | $6.65 | $0.00 | $0.00 | $1.82 | $0.00 | $0.00 | $0.02 |
Dividend yield | 0.00% | 0.00% | 14.11% | 0.38% | 3.58% | 26.58% | 0.00% | 0.00% | 10.47% | 0.00% | 0.00% | 0.11% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $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 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.49 | $4.49 |
| 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 | $0.82 | $0.82 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.65 | $6.65 |
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.
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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 62.35%, occurring on Nov 20, 2008. Recovery took 1410 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -62.35%Nov 2008 | 1y 4mo | 5y 7mo | 6y 11moJul 2007 - Jul 2014 |
COVID crash2020 | -54.22%Mar 2020 | 2y 1mo | 8mo 10d | 2y 10moJan 2018 - Nov 2020 |
1998 bear market1998 | -48.84%Oct 1998 | 1y 1d | 1y 1mo | 2y 2moOct 1997 - Dec 1999 |
Dot-com crash2000–2002 | -27.07%Dec 2000 | 3mo 6d | 1y 2mo | 1y 5moSep 2000 - Mar 2002 |
Dot-com crash2000–2002 | -26.80%Jul 2002 | 2mo 18d | 11mo 26d | 1y 2moMay 2002 - Jul 2003 |
Drawdown Indicators
| HFCGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.35% | -56.78% | -5.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -9.10% | +1.28% |
Max Drawdown (3Y)Largest decline over 3 years | -22.86% | -18.90% | -3.96% |
Max Drawdown (5Y)Largest decline over 5 years | -26.30% | -25.43% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -54.22% | -33.92% | -20.30% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -10.72% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 1.97% | +0.40% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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