- ISIN
- US42588P7345
- CUSIP
- 42588P734
- Issuer
- Hennessy
- Inception Date
- Dec 30, 2013
- Category
- Energy Equities
- Min. Investment
- $250,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
HNRIX Performance Chart
Hennessy Energy Transition Fund (HNRIX) is up 17.9% since the beginning of the year. HNRIX is currently trading at $36 per share. Investors who bought $1,000 worth of HNRIX shares 5 years ago would now be looking at an investment worth $2,565.
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Returns By Period
Hennessy Energy Transition Fund (HNRIX) has returned 17.88% so far this year and 23.70% over the past 12 months.
Hennessy Energy Transition Fund
- 1D
- -1.73%
- 1M
- -9.15%
- YTD
- 17.88%
- 6M
- 19.07%
- 1Y
- 23.70%
- 3Y*
- 18.37%
- 5Y*
- 20.73%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HNRIX Monthly Returns History
Based on dividend-adjusted daily data since Nov 1, 2018, HNRIX's average daily return is +0.07%, while the average monthly return is +1.45%. At this rate, an investment would double in approximately 4.0 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +45.3%, while the worst month was Mar 2020 at -46.6%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, HNRIX closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +17.4%, while the worst single day was Mar 9, 2020 at -27.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.43% | 7.65% | 7.91% | 0.80% | -6.09% | -4.65% | 17.88% | ||||||
| 2025 | 2.69% | 1.06% | 3.01% | -12.24% | 5.23% | 4.38% | 0.49% | 3.23% | 1.29% | 0.64% | 4.07% | -0.48% | 12.87% |
| 2024 | -2.81% | 3.74% | 11.11% | 0.52% | 2.53% | -3.58% | 2.86% | -1.77% | -1.95% | -0.86% | 11.04% | -6.23% | 13.84% |
| 2023 | 3.91% | -5.46% | -3.42% | 1.18% | -8.06% | 9.80% | 10.34% | 0.68% | 0.00% | -1.40% | -1.30% | -0.66% | 4.09% |
| 2022 | 12.57% | 9.03% | 10.29% | -1.17% | 14.54% | -18.71% | 9.63% | 2.17% | -9.82% | 23.44% | 1.14% | -5.81% | 47.97% |
| 2021 | 7.57% | 18.61% | 2.05% | 0.94% | 7.28% | 5.00% | -9.35% | -1.95% | 13.96% | 7.95% | -6.40% | 2.89% | 55.91% |
Benchmark Metrics
Hennessy Energy Transition Fund has an annualized alpha of 0.56%, beta of 1.05, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since November 01, 2018.
- This fund participated in 114.12% of S&P 500 Index downside but only 102.33% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.36 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.56%
- Beta
- 1.05
- R²
- 0.36
- Upside Capture
- 102.33%
- Downside Capture
- 114.12%
Expense Ratio
HNRIX has a high expense ratio of 1.92%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
HNRIX ranks 26 for risk / return — below 26% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hennessy Energy Transition Fund (HNRIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HNRIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.78 | -0.74 |
| Martin ratioReturn relative to average drawdown | 6.94 | 12.44 | -5.50 |
Dividends
Dividend History
Hennessy Energy Transition Fund provided a 0.66% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.04 | $0.00 | $0.18 | $2.11 | $0.00 | $0.03 |
Dividend yield | 0.66% | 0.77% | 0.14% | 0.00% | 0.76% | 13.34% | 0.00% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Hennessy Energy Transition 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 | $0.24 | $0.24 |
| 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 | $0.00 | $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 | $0.18 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.11 | $2.11 |
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 Energy Transition 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 Energy Transition Fund was 74.75%, occurring on Mar 18, 2020. Recovery took 459 trading sessions.
The current Hennessy Energy Transition Fund drawdown is 11.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -74.75%Mar 2020 | 1y 4mo | 1y 9mo | 3y 2moNov 2018 - Jan 2022 |
Bear market2022 | -28.56%Jul 2022 | 1mo 6d | 1y 2mo | 1y 3moJun 2022 - Sep 2023 |
2025 selloff2025 | -19.19%Apr 2025 | 2mo 17d | 5mo 20d | 8mo 7dJan 2025 - Sep 2025 |
2024 correction2024 | -12.55%Jan 2024 | 3mo 1d | 2mo 1d | 5mo 2dOct 2023 - Mar 2024 |
2026 correction2026 | -11.78%Jun 2026 | 2mo 20d | — | 2mo 25dMar 2026 - now |
Drawdown Indicators
| HNRIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.75% | -56.78% | -17.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -9.10% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -18.90% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -28.56% | -25.43% | -3.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -11.78% | -1.80% | -9.98% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -10.71% | -4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 2.03% | +1.44% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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