Hennessy Technology Fund (HTECX) belongs to the Technology Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HTECX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HTECX
HTECX charges 1.23% annually. There are 50 mutual funds in the Technology Equities category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Information Technology Index Fund Admiral... | 0.09% | 144.20B | Mar 2004 | HTECX vs VITAX | |
| Vanguard Communication Services Index Fund Admiral... | 0.10% | 6.30B | Mar 2005 | HTECX vs VTCAX | |
| Franklin DynaTech Fund Class R6 | 0.48% | — | Jun 2013 | HTECX vs FDTRX | |
| Alger AI Enablers & Adopters Z | 0.55% | — | Apr 2024 | HTECX vs AAIZX | |
| Fidelity Advisor Technology Fund Class Z | 0.59% | — | Oct 2018 | HTECX vs FIKHX |
Best Risk-Adjusted Alternatives to HTECX
HTECX has a PortfoliosLab risk / return rank of 48. There are 54 mutual funds in the Technology Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Select Tech Hardware Portfolio | 99 | — | Jul 1985 | HTECX vs FDCPX | |
| ARK Venture Fund | 98 | — | Sep 2022 | HTECX vs ARKVX | |
| Columbia Seligman Premium Technology Growth Closed... | 98 | — | Nov 2009 | HTECX vs STK | |
| Fidelity Advisor Semiconductors Fund Class Z | 97 | — | Oct 2018 | HTECX vs FIKGX | |
| Fidelity Advisor Semiconductors Fund Class I | 97 | — | Dec 2000 | HTECX vs FELIX |
Top Performing HTECX Alternatives (YTD)
HTECX is at 23.34% YTD. There are 53 mutual funds in the Technology Equities category with higher YTD returns, going as high as 87.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rydex Electronics Fund | 87.82% | — | Mar 1998 | HTECX vs RYSIX | |
| Fidelity Select Semiconductors Portfolio | 85.56% | — | Jul 1985 | HTECX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class Z | 85.07% | — | Oct 2018 | HTECX vs FIKGX | |
| Fidelity Advisor Semiconductors Fund Class I | 84.99% | — | Dec 2000 | HTECX vs FELIX | |
| Fidelity Advisor Semiconductors Fund Class A | 84.79% | — | Dec 2000 | HTECX vs FELAX |
Lowest Volatility Alternatives to HTECX
HTECX has 20.28% 1-year volatility. There are 13 mutual funds in the Technology Equities category with lower 1-year volatility, going as low as 14.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 14.00% | — | Nov 1993 | HTECX vs GTTIX | |
| Towpath Technology Fund | 14.63% | — | Feb 2021 | HTECX vs TOWTX | |
| Vanguard Communication Services Index Fund Admiral... | 15.38% | 6.30B | Mar 2005 | HTECX vs VTCAX | |
| Saratoga Technology & Communications Portfolio | 16.51% | — | Oct 1997 | HTECX vs STPAX | |
| Virtus Artificial Intelligence & Technology Opport... | 17.86% | — | Oct 2019 | HTECX vs AIO |
Lowest Drawdown Alternatives to HTECX
HTECX has a 1-year max drawdown of -15.01%. There are 31 mutual funds in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -8.14%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ARK Venture Fund | -8.14% | — | Sep 2022 | HTECX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | -9.08% | — | Nov 1993 | HTECX vs GTTIX | |
| Fidelity Select Tech Hardware Portfolio | -9.68% | — | Jul 1985 | HTECX vs FDCPX | |
| Nationwide NYSE Arca Tech 100 Index Fund | -10.18% | — | Jun 1996 | HTECX vs NWJCX | |
| Black Oak Emerging Technology Fund | -11.04% | — | Dec 2000 | HTECX vs BOGSX |
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 | 27 | 17.06% | — | Sep 2003 | HTECX vs HFMDX | |
| Hennessy Cornerstone Growth Fund | Small Cap Blend Equities | 43 | 16.55% | — | Nov 1996 | HTECX vs HFCGX | |
| Hennessy Midstream Fund | Energy Equities | 15 | 16.42% | — | Dec 2013 | HTECX vs HMSIX | |
| Hennessy Japan Fund | Japan Equities | 25 | 19.03% | — | Oct 2003 | HTECX vs HJPNX | |
| Hennessy Focus Fund | Mid Cap Growth Equities | 35 | 13.28% | — | Jan 1997 | HTECX vs HFCSX | |
| Hennessy Cornerstone Value Fund | Large Cap Value Equities | 89 | 13.70% | — | Nov 1996 | HTECX vs HFCVX | |
| Hennessy Gas Utility Fund | Utilities Equities | 14 | 9.02% | — | May 1989 | HTECX vs GASFX | |
| Hennessy Japan Small Cap Fund | Japan Equities | 30 | 13.82% | — | Aug 2007 | HTECX vs HJPSX | |
| Hennessy Balanced Fund | Diversified Portfolio | 66 | 5.73% | — | Mar 1996 | HTECX vs HBFBX | |
| Hennessy Energy Transition Fund | Energy Equities | 66 | 27.69% | — | Dec 2013 | HTECX vs HNRIX |
Often Compared With HTECX
Investors most often compare HTECX with XLK, HFLGX, HMSFX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | Technology Equities | 83 | 36.47% | 121.66B | Dec 1998 | HTECX vs XLK | |
| Hennessy Cornerstone Large Cap Growth Fund | Large Cap Value Equities | 31 | 9.10% | — | Mar 2009 | HTECX vs HFLGX | |
| Hennessy Midstream Fund Investor Class | MLPs | 14 | 16.30% | — | Dec 2013 | HTECX vs HMSFX | |
| Firsthand Alternative Energy Fund | Technology Equities | 56 | 66.80% | — | Oct 2007 | HTECX vs ALTEX | |
| Columbia Seligman Technology and Information Fund ... | Technology Equities | 97 | 58.87% | — | Jun 1983 | HTECX vs CCOYX | |
| Fidelity Advisor Semiconductors Fund Class M | Technology Equities | 97 | 84.58% | — | Dec 2000 | HTECX vs FELTX | |
| ICON Health and Information Technology Fund | Technology Equities | 86 | 32.34% | — | Feb 1997 | HTECX vs ICTEX |
Compare HTECX with Any Fund or Stock
Compare HTECX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HTECX with funds that move differently
Hennessy Technology Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HTECX.
Explore HTECX Diversifiers