Hennessy Large Cap Financial Fund (HLFNX) belongs to the Financials Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HLFNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HLFNX
HLFNX charges 1.68% annually. There are 24 mutual funds in the Financials Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Financials Index Fund Admiral Shares | 0.09% | 13.50B | Feb 2004 | HLFNX vs VFAIX | |
| Fidelity Advisor Financial Services Fund Class Z | 0.64% | — | Oct 2018 | HLFNX vs FIKBX | |
| Fidelity Select Financial Services Portfolio | 0.73% | — | Dec 1981 | HLFNX vs FIDSX | |
| Fidelity Select Banking Portfolio | 0.73% | — | Jun 1986 | HLFNX vs FSRBX | |
| Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.75% | — | Jul 1985 | HLFNX vs FSLBX |
Best Risk-Adjusted Alternatives to HLFNX
HLFNX has a PortfoliosLab risk / return rank of 8. There are 18 mutual funds in the Financials Equities category with higher risk-adjusted ranks, going as high as 72.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Financial Services Fund | 72 | — | Oct 2018 | HLFNX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 70 | — | Oct 2018 | HLFNX vs GAFSX | |
| RMB Mendon Financial Services Fund | 58 | — | Jun 1999 | HLFNX vs RMBKX | |
| Hennessy Small Cap Financial Fund | 37 | — | Jan 1997 | HLFNX vs HSFNX | |
| Rydex Banking Fund | 35 | — | Apr 1998 | HLFNX vs RYKIX |
Top Performing HLFNX Alternatives (YTD)
HLFNX is at -0.54% YTD. There are 20 mutual funds in the Financials Equities category with higher YTD returns, going as high as 12.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| RMB Mendon Financial Services Fund | 12.74% | — | Jun 1999 | HLFNX vs RMBKX | |
| John Hancock Regional Bank Fund | 11.77% | — | Jan 1992 | HLFNX vs FRBAX | |
| John Hancock Financial Opportunities Fund | 11.07% | — | Aug 1994 | HLFNX vs BTO | |
| Hennessy Small Cap Financial Fund | 10.50% | — | Jan 1997 | HLFNX vs HSFNX | |
| Fidelity Select Banking Portfolio | 9.07% | — | Jun 1986 | HLFNX vs FSRBX |
Lowest Volatility Alternatives to HLFNX
HLFNX has 19.84% 1-year volatility. There are 20 mutual funds in the Financials Equities category with lower 1-year volatility, going as low as 7.21%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Flaherty & Crumrine Total Return Fund Inc | 7.21% | — | Aug 2003 | HLFNX vs FLC | |
| Saratoga Financial Service Fund | 9.55% | — | Aug 2000 | HLFNX vs SFPAX | |
| Gabelli Global Financial Services Fund | 12.76% | — | Oct 2018 | HLFNX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | 12.81% | — | Oct 2018 | HLFNX vs GAFSX | |
| ICON Consumer Select Fund | 14.07% | — | Jul 1997 | HLFNX vs ICFSX |
Lowest Drawdown Alternatives to HLFNX
HLFNX has a 1-year max drawdown of -18.44%. There are 25 mutual funds in the Financials Equities category with shallower 1-year drawdowns, going as shallow as -4.86%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Saratoga Financial Service Fund | -4.86% | — | Aug 2000 | HLFNX vs SFPAX | |
| Flaherty & Crumrine Total Return Fund Inc | -8.34% | — | Aug 2003 | HLFNX vs FLC | |
| Gabelli Global Financial Services Fund | -9.42% | — | Oct 2018 | HLFNX vs GFSIX | |
| Gabelli Global Financial Services Fund Class AAA | -9.47% | — | Oct 2018 | HLFNX vs GAFSX | |
| RMB Mendon Financial Services Fund | -9.48% | — | Jun 1999 | HLFNX vs RMBKX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 34 | 12.06% | — | Sep 2021 | HLFNX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 66 | 10.17% | — | Jul 1993 | HLFNX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 95 | 12.96% | — | Dec 2012 | HLFNX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 67 | 12.50% | — | May 2011 | HLFNX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 76 | 12.03% | — | Dec 1991 | HLFNX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 31 | 2.24% | — | Aug 2005 | HLFNX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 60 | 11.24% | — | Jul 2010 | HLFNX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 66 | 43.57% | — | Apr 2000 | HLFNX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 79 | 7.59% | — | Oct 2007 | HLFNX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 75 | 14.24% | — | Sep 1999 | HLFNX vs FAMRX |
Often Compared With HLFNX
Investors most often compare HLFNX with NASDX, SBFAX, RYFIX. These 5 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 70 | 20.41% | — | Jan 2000 | HLFNX vs NASDX | |
| 1919 Financial Services Fund | Financials Equities | 4 | -2.27% | — | Nov 1998 | HLFNX vs SBFAX | |
| Rydex Financial Services Fund | Financials Equities | 7 | 0.06% | — | Apr 1998 | HLFNX vs RYFIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio, Municipal Bonds | 76 | 5.44% | 12.30B | Sep 1994 | HLFNX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 64 | 10.03% | 30.00B | Sep 1994 | HLFNX vs VTCLX |
Compare HLFNX with Any Fund or Stock
Compare HLFNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HLFNX with funds that move differently
Hennessy Large Cap Financial Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HLFNX.
Explore HLFNX Diversifiers