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Hennessy Cornerstone Mid Cap 30 Fund (HFMDX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS4258883028
CUSIP425888302
IssuerHennessy
Inception DateSep 17, 2003
CategoryMid Cap Blend Equities
Min. Investment$2,500
Asset ClassEquity

Asset Class Size

Mid-Cap

Asset Class Style

Blend

Expense Ratio

HFMDX has a high expense ratio of 1.36%, indicating higher-than-average management fees.


Expense ratio chart for HFMDX: current value at 1.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.36%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: HFMDX vs. DVSMX, HFMDX vs. TMCIX, HFMDX vs. VSCAX, HFMDX vs. VLIFX, HFMDX vs. SFILX, HFMDX vs. FCPGX, HFMDX vs. AVUV, HFMDX vs. CALF, HFMDX vs. XSVM, HFMDX vs. OBMCX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Hennessy Cornerstone Mid Cap 30 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.36%
14.94%
HFMDX (Hennessy Cornerstone Mid Cap 30 Fund)
Benchmark (^GSPC)

Returns By Period

Hennessy Cornerstone Mid Cap 30 Fund had a return of 42.99% year-to-date (YTD) and 44.67% in the last 12 months. Over the past 10 years, Hennessy Cornerstone Mid Cap 30 Fund had an annualized return of 4.19%, while the S&P 500 had an annualized return of 11.43%, indicating that Hennessy Cornerstone Mid Cap 30 Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date42.99%25.82%
1 month4.98%3.20%
6 months19.36%14.94%
1 year44.67%35.92%
5 years (annualized)18.08%14.22%
10 years (annualized)4.19%11.43%

Monthly Returns

The table below presents the monthly returns of HFMDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.71%11.63%6.08%-4.18%10.20%-1.59%7.00%-0.43%1.48%1.49%42.99%
20237.87%2.17%-0.98%-3.69%0.63%11.93%7.16%-4.50%-0.89%-5.31%8.51%-3.80%18.69%
2022-4.79%4.87%3.68%-2.61%3.19%-13.43%10.76%2.35%-9.19%14.58%3.79%-23.03%-15.15%
20219.12%8.18%5.83%1.28%2.52%-0.93%-0.99%-0.05%-6.57%6.17%-2.48%3.42%27.24%
2020-0.16%-10.64%-29.72%19.70%11.84%2.62%10.68%7.10%3.00%-0.75%12.58%4.95%23.37%
201910.84%3.20%-2.07%1.79%-9.27%7.66%-0.25%-4.84%3.10%0.33%4.66%1.11%15.76%
20180.25%-8.14%1.05%2.61%4.41%-1.58%0.46%-0.05%-4.06%-9.54%-0.24%-34.76%-44.35%
20171.28%3.70%-0.98%0.99%-1.12%1.97%1.11%-0.48%5.01%2.93%2.76%-14.52%1.18%
2016-5.29%3.13%6.24%-4.52%1.36%-1.13%4.78%-1.92%1.27%-4.12%7.40%-1.17%5.18%
2015-2.41%6.30%1.50%-0.25%4.18%1.61%3.03%-4.44%-3.66%2.03%-2.63%-5.23%-0.72%
2014-1.88%5.92%2.20%0.00%3.70%4.48%-3.88%5.41%-6.49%2.26%4.11%-5.46%9.74%
20139.24%0.84%4.48%-0.06%2.09%-3.73%4.43%-6.22%6.88%3.28%4.79%-6.02%20.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of HFMDX is 48, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of HFMDX is 4848
Combined Rank
The Sharpe Ratio Rank of HFMDX is 4242Sharpe Ratio Rank
The Sortino Ratio Rank of HFMDX is 3131Sortino Ratio Rank
The Omega Ratio Rank of HFMDX is 3737Omega Ratio Rank
The Calmar Ratio Rank of HFMDX is 8282Calmar Ratio Rank
The Martin Ratio Rank of HFMDX is 4646Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


HFMDX
Sharpe ratio
The chart of Sharpe ratio for HFMDX, currently valued at 2.11, compared to the broader market0.002.004.002.11
Sortino ratio
The chart of Sortino ratio for HFMDX, currently valued at 2.57, compared to the broader market0.005.0010.002.57
Omega ratio
The chart of Omega ratio for HFMDX, currently valued at 1.37, compared to the broader market1.002.003.004.001.37
Calmar ratio
The chart of Calmar ratio for HFMDX, currently valued at 2.62, compared to the broader market0.005.0010.0015.0020.0025.002.62
Martin ratio
The chart of Martin ratio for HFMDX, currently valued at 11.49, compared to the broader market0.0020.0040.0060.0080.00100.0011.49
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.08, compared to the broader market0.002.004.003.08
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.48, compared to the broader market0.005.0010.0015.0020.0025.004.48
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 20.05, compared to the broader market0.0020.0040.0060.0080.00100.0020.05

Sharpe Ratio

The current Hennessy Cornerstone Mid Cap 30 Fund Sharpe ratio is 2.11. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Hennessy Cornerstone Mid Cap 30 Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.11
3.08
HFMDX (Hennessy Cornerstone Mid Cap 30 Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Hennessy Cornerstone Mid Cap 30 Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.50%1.00%1.50%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.00$0.00$0.00$0.34$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.02

Dividend yield

0.00%0.00%0.00%1.73%0.00%0.00%0.00%0.00%0.00%0.14%0.00%0.11%

Monthly Dividends

The table displays the monthly dividend distributions for Hennessy Cornerstone Mid Cap 30 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$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
2022$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
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.34$0.34
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$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.03
2014$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
2013$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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
HFMDX (Hennessy Cornerstone Mid Cap 30 Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Hennessy Cornerstone Mid Cap 30 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 Mid Cap 30 Fund was 71.75%, occurring on Mar 18, 2020. Recovery took 1007 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-71.75%Dec 1, 2017576Mar 18, 20201007Mar 19, 20241583
-61.25%Jul 16, 2007415Mar 9, 2009975Jan 23, 20131390
-24.42%Aug 18, 2015123Feb 11, 2016413Oct 2, 2017536
-20.83%May 11, 200623Jun 13, 2006216Apr 25, 2007239
-17.07%Apr 6, 200490Aug 13, 200467Nov 17, 2004157

Volatility

Volatility Chart

The current Hennessy Cornerstone Mid Cap 30 Fund volatility is 4.83%, 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.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.83%
3.89%
HFMDX (Hennessy Cornerstone Mid Cap 30 Fund)
Benchmark (^GSPC)