Hennessy Midstream Fund Investor Class (HMSFX) belongs to the MLPs category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HMSFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HMSFX
HMSFX charges 1.75% annually. There are 2 mutual funds in the MLPs category with lower expense ratios, going as low as 1.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs Energy Infrastructure Fund Class P | 1.11% | — | Apr 2018 | HMSFX vs GAMPX | |
| Invesco SteelPath MLP Alpha Fund Class A | 1.54% | — | Mar 2010 | HMSFX vs MLPAX | |
| Neuberger Berman MLP | 2.72% | — | Mar 2013 | HMSFX vs NML | |
| Tortoise Energy Infrastructure Closed Fund | 2.90% | — | — | HMSFX vs TYG | |
| Invesco SteelPath MLP Income Fund Class A | 9.02% | — | Mar 2010 | HMSFX vs MLPDX |
Best Risk-Adjusted Alternatives to HMSFX
HMSFX has a PortfoliosLab risk / return rank of 11. There are 8 mutual funds in the MLPs category with higher risk-adjusted ranks, going as high as 58.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP Select 40 Fund Class A | 58 | — | Mar 2010 | HMSFX vs MLPFX | |
| Invesco SteelPath MLP Income Fund Class A | 56 | — | Mar 2010 | HMSFX vs MLPDX | |
| Goldman Sachs Energy Infrastructure Fund Class P | 46 | — | Apr 2018 | HMSFX vs GAMPX | |
| Invesco SteelPath MLP Alpha Fund Class A | 43 | — | Mar 2010 | HMSFX vs MLPAX | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | 42 | — | Feb 2012 | HMSFX vs MLPLX |
Top Performing HMSFX Alternatives (YTD)
HMSFX is at 14.60% YTD. There are 7 mutual funds in the MLPs category with higher YTD returns, going as high as 23.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Plus Fund Class A | 23.39% | — | Feb 2012 | HMSFX vs MLPLX | |
| Goldman Sachs Energy Infrastructure Fund Class P | 21.56% | — | Apr 2018 | HMSFX vs GAMPX | |
| Neuberger Berman MLP | 21.38% | — | Mar 2013 | HMSFX vs NML | |
| Invesco SteelPath MLP Select 40 Fund Class A | 21.14% | — | Mar 2010 | HMSFX vs MLPFX | |
| Invesco SteelPath MLP Income Fund Class A | 18.63% | — | Mar 2010 | HMSFX vs MLPDX |
Lowest Volatility Alternatives to HMSFX
HMSFX has 15.13% 1-year volatility. There are 4 mutual funds in the MLPs category with lower 1-year volatility, going as low as 11.42%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP Alpha Fund Class A | 11.42% | — | Mar 2010 | HMSFX vs MLPAX | |
| Invesco SteelPath MLP Income Fund Class A | 11.67% | — | Mar 2010 | HMSFX vs MLPDX | |
| Invesco SteelPath MLP Select 40 Fund Class A | 12.63% | — | Mar 2010 | HMSFX vs MLPFX | |
| Goldman Sachs Energy Infrastructure Fund Class P | 14.55% | — | Apr 2018 | HMSFX vs GAMPX | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | 16.44% | — | Feb 2012 | HMSFX vs MLPLX |
Lowest Drawdown Alternatives to HMSFX
HMSFX has a 1-year max drawdown of -6.98%. There are 3 mutual funds in the MLPs category with shallower 1-year drawdowns, going as shallow as -6.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco SteelPath MLP Income Fund Class A | -6.10% | — | Mar 2010 | HMSFX vs MLPDX | |
| Invesco SteelPath MLP Alpha Fund Class A | -6.17% | — | Mar 2010 | HMSFX vs MLPAX | |
| Invesco SteelPath MLP Select 40 Fund Class A | -6.68% | — | Mar 2010 | HMSFX vs MLPFX | |
| Goldman Sachs Energy Infrastructure Fund Class P | -7.23% | — | Apr 2018 | HMSFX vs GAMPX | |
| Invesco SteelPath MLP Alpha Plus Fund Class A | -8.86% | — | Feb 2012 | HMSFX vs MLPLX |
Other Mutual Funds from Hennessy
The 10 most viewed Hennessy mutual funds shown here include HFMDX, HFCGX, HMSIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Hennessy Cornerstone Mid Cap 30 Fund | Mid Cap Blend Equities | 24 | 17.28% | — | Sep 2003 | HMSFX vs HFMDX | |
| Hennessy Cornerstone Growth Fund | Small Cap Blend Equities | 41 | 14.84% | — | Nov 1996 | HMSFX vs HFCGX | |
| Hennessy Midstream Fund | Energy Equities | 12 | 14.72% | — | Dec 2013 | HMSFX vs HMSIX | |
| Hennessy Japan Fund | Japan Equities | 28 | 19.67% | — | Oct 2003 | HMSFX vs HJPNX | |
| Hennessy Focus Fund | Mid Cap Growth Equities | 28 | 9.80% | — | Jan 1997 | HMSFX vs HFCSX | |
| Hennessy Cornerstone Value Fund | Large Cap Value Equities | 88 | 12.71% | — | Nov 1996 | HMSFX vs HFCVX | |
| Hennessy Gas Utility Fund | Utilities Equities | 13 | 7.23% | — | May 1989 | HMSFX vs GASFX | |
| Hennessy Japan Small Cap Fund | Japan Equities | 35 | 14.74% | — | Aug 2007 | HMSFX vs HJPSX | |
| Hennessy Balanced Fund | Diversified Portfolio | 65 | 5.49% | — | Mar 1996 | HMSFX vs HBFBX | |
| Hennessy Energy Transition Fund | Energy Equities | 66 | 25.58% | — | Dec 2013 | HMSFX vs HNRIX |
Often Compared With HMSFX
Investors most often compare HMSFX with MDST, AMLP, EMO. These 5 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Westwood Salient Enhanced Midstream Income ETF | Energy Equities | 48 | 14.78% | 152.76M | Apr 2024 | HMSFX vs MDST | |
| Alerian MLP ETF | MLPs | 45 | 16.62% | 12.14B | Aug 2010 | HMSFX vs AMLP | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 18 | 16.06% | — | Jun 2011 | HMSFX vs EMO | |
| Hennessy Cornerstone Large Cap Growth Fund | Large Cap Value Equities | 34 | 9.98% | — | Mar 2009 | HMSFX vs HFLGX | |
| Hennessy Technology Fund | Technology Equities | 48 | 23.39% | — | Jan 2002 | HMSFX vs HTECX |
Compare HMSFX with Any Fund or Stock
Compare HMSFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HMSFX with funds that move differently
Hennessy Midstream Fund Investor Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HMSFX.
Explore HMSFX Diversifiers