BLNDX vs. HDOGX

Last updated Aug 4, 2026

BLNDX (Standpoint Multi-Asset Fund Institutional) and HDOGX (Hennessy Total Return Fund) are both Diversified Portfolio funds. Over the past 5 years, BLNDX returned 8.69%/yr vs 8.45%/yr for HDOGX. Their 0.43 correlation means their historical movements had little consistent relationship. BLNDX charges 1.26%/yr vs 1.77%/yr for HDOGX.

Performance

BLNDX vs. HDOGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Standpoint Multi-Asset Fund Institutional (BLNDX) and Hennessy Total Return Fund (HDOGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLNDX achieves a 13.52% return, which is significantly higher than HDOGX's 8.38% return.

BLNDX

• 1D: 0.78%
• 1M: 1.63%
• 6M: 10.46%
• YTD: 13.52%
• 1Y: 29.91%
• 3Y*: 10.40%
• 5Y*: 8.69%
• 10Y*: —
• ALL TIME*: 11.52%

HDOGX

• 1D: 0.06%
• 1M: 1.04%
• 6M: 4.92%
• YTD: 8.38%
• 1Y: 16.34%
• 3Y*: 10.41%
• 5Y*: 8.45%
• 10Y*: 6.78%
• ALL TIME*: 5.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLNDX Standpoint Multi-Asset Fund Institutional	$0.00	$0.00	$0.00
HDOGX Hennessy Total Return Fund	$0.00	$0.00	$0.00

BLNDX vs. HDOGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BLNDX Standpoint Multi-Asset Fund Institutional	13.52%	4.12%	13.11%	5.79%	3.71%	20.16%	16.30%	0.00%
HDOGX Hennessy Total Return Fund	8.38%	14.31%	2.89%	8.07%	6.68%	11.80%	-4.79%	0.35%

Correlation

The correlation between BLNDX and HDOGX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (3Y) Balances recent behavior with more history.	0.28
Correlation (5Y) Shows whether the relationship held over a longer period.	0.38
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.43

Over the past year, the correlation between BLNDX and HDOGX has dropped to 0.02 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Return for Risk

BLNDX vs. HDOGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BLNDX

BLNDX Risk / Return Rank: 87
BLNDX Sharpe Ratio Rank: 88
BLNDX Sortino Ratio Rank: 82
BLNDX Omega Ratio Rank: 81
BLNDX Calmar Ratio Rank: 93
BLNDX Martin Ratio Rank: 89

HDOGX

HDOGX Risk / Return Rank: 73
HDOGX Sharpe Ratio Rank: 81
HDOGX Sortino Ratio Rank: 84
HDOGX Omega Ratio Rank: 77
HDOGX Calmar Ratio Rank: 83
HDOGX Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BLNDX vs. HDOGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) and Hennessy Total Return Fund (HDOGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BLNDX	HDOGX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.98	+0.24
Sortino ratio: Return per unit of downside risk	2.92	2.99	-0.06
Omega ratio: Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio: Return relative to maximum drawdown	3.96	2.94	+1.02
Martin ratio: Return relative to average drawdown	12.18	6.48	+5.70

BLNDX vs. HDOGX - Sharpe Ratio Comparison

The current BLNDX Sharpe Ratio is 2.22, which is comparable to the HDOGX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of BLNDX and HDOGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BLNDX vs. HDOGX - Drawdown Comparison

The maximum BLNDX drawdown since its inception was -17.69%, smaller than the maximum HDOGX drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for BLNDX and HDOGX.

Drawdown Indicators

	BLNDX	HDOGX	Difference
Max Drawdown Largest peak-to-trough decline	-17.69%	-53.25%	+35.56%
Max Drawdown (1Y) Largest decline over 1 year	-7.24%	-5.67%	-1.57%
Max Drawdown (3Y) Largest decline over 3 years	-17.69%	-7.97%	-9.72%
Max Drawdown (5Y) Largest decline over 5 years	-17.69%	-14.84%	-2.85%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.37%	—
Current Drawdown Current decline from peak	-4.22%	-1.14%	-3.08%
Average Drawdown Average peak-to-trough decline	-3.23%	-6.80%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	2.57%	-0.22%

Volatility

BLNDX vs. HDOGX - Volatility Comparison

The current volatility for Standpoint Multi-Asset Fund Institutional (BLNDX) is 2.87%, while Hennessy Total Return Fund (HDOGX) has a volatility of 3.75%. This indicates that BLNDX experiences smaller price fluctuations and is considered to be less risky than HDOGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLNDX	HDOGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	3.75%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	6.72%	+3.05%
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	8.49%	+4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.63%	10.16%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.76%	11.73%	+0.03%

BLNDX vs. HDOGX - Expense Ratio Comparison

BLNDX has a 1.26% expense ratio, which is lower than HDOGX's 1.77% expense ratio.

Dividends

BLNDX vs. HDOGX - Dividend Comparison

BLNDX's dividend yield for the trailing twelve months is around 0.65%, less than HDOGX's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLNDX Standpoint Multi-Asset Fund Institutional	0.65%	0.73%	5.74%	3.71%	2.67%	6.11%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%
HDOGX Hennessy Total Return Fund	2.01%	2.17%	3.80%	7.55%	11.88%	1.35%	8.29%	1.72%	4.91%	12.76%	1.17%	11.07%

Frequently Asked Questions

Can I hold both BLNDX and HDOGX in my portfolio?

BLNDX and HDOGX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLNDX or HDOGX?

HDOGX has higher volatility (3.75%) compared to BLNDX (2.87%). In terms of maximum drawdown, BLNDX dropped -17.69% vs HDOGX's -53.25%.

Which has better risk-adjusted returns?

BLNDX currently has the higher Sharpe Ratio (2.22 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.