FALIX vs. HFCVX
Compare and contrast key facts about Fidelity Advisor Large Cap Fund Class I (FALIX) and Hennessy Cornerstone Value Fund (HFCVX).
FALIX is managed by Fidelity. It was launched on Feb 20, 1996. HFCVX is managed by Hennessy. It was launched on Nov 1, 1996.
Performance
FALIX vs. HFCVX - Performance Comparison
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FALIX vs. HFCVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FALIX Fidelity Advisor Large Cap Fund Class I | 0.00% | 19.65% | 26.36% | 23.49% | -7.91% | 25.81% | 8.85% | 31.71% | -8.42% | 16.93% |
HFCVX Hennessy Cornerstone Value Fund | 8.31% | 18.27% | 9.59% | 5.81% | 6.12% | 29.94% | -6.39% | 20.84% | -9.50% | 19.21% |
Returns By Period
Over the past 10 years, FALIX has outperformed HFCVX with an annualized return of 14.62%, while HFCVX has yielded a comparatively lower 10.76% annualized return.
FALIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -1.12%
- 1Y
- 22.56%
- 3Y*
- 20.59%
- 5Y*
- 14.03%
- 10Y*
- 14.62%
HFCVX
- 1D
- 0.17%
- 1M
- -2.27%
- YTD
- 8.31%
- 6M
- 12.62%
- 1Y
- 17.31%
- 3Y*
- 14.42%
- 5Y*
- 12.27%
- 10Y*
- 10.76%
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FALIX vs. HFCVX - Expense Ratio Comparison
FALIX has a 0.54% expense ratio, which is lower than HFCVX's 1.23% expense ratio.
Return for Risk
FALIX vs. HFCVX — Risk / Return Rank
FALIX
HFCVX
FALIX vs. HFCVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class I (FALIX) and Hennessy Cornerstone Value Fund (HFCVX). 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.
| FALIX | HFCVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 1.46 | +0.01 |
Sortino ratioReturn per unit of downside risk | 2.10 | 1.97 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.30 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.57 | -0.42 |
Martin ratioReturn relative to average drawdown | 4.70 | 6.83 | -2.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FALIX | HFCVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 1.46 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.93 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.65 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.40 | +0.08 |
Correlation
The correlation between FALIX and HFCVX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FALIX vs. HFCVX - Dividend Comparison
FALIX's dividend yield for the trailing twelve months is around 5.86%, less than HFCVX's 6.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FALIX Fidelity Advisor Large Cap Fund Class I | 5.86% | 5.86% | 6.10% | 3.43% | 2.28% | 6.51% | 5.39% | 8.35% | 16.78% | 6.13% | 2.25% | 3.16% |
HFCVX Hennessy Cornerstone Value Fund | 6.83% | 7.39% | 4.56% | 3.57% | 10.33% | 4.81% | 2.58% | 6.58% | 17.16% | 14.97% | 2.26% | 2.57% |
Drawdowns
FALIX vs. HFCVX - Drawdown Comparison
The maximum FALIX drawdown since its inception was -62.37%, smaller than the maximum HFCVX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for FALIX and HFCVX.
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Drawdown Indicators
| FALIX | HFCVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.37% | -65.75% | +3.38% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -11.00% | -1.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.48% | -16.81% | -4.67% |
Max Drawdown (10Y)Largest decline over 10 years | -37.51% | -39.39% | +1.88% |
Current DrawdownCurrent decline from peak | -4.17% | -2.27% | -1.90% |
Average DrawdownAverage peak-to-trough decline | -13.32% | -8.28% | -5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.60% | +1.30% |
Volatility
FALIX vs. HFCVX - Volatility Comparison
The current volatility for Fidelity Advisor Large Cap Fund Class I (FALIX) is 0.00%, while Hennessy Cornerstone Value Fund (HFCVX) has a volatility of 2.92%. This indicates that FALIX experiences smaller price fluctuations and is considered to be less risky than HFCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FALIX | HFCVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.92% | -2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 5.85% | 6.80% | -0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 12.75% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 13.27% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.62% | 16.48% | +2.14% |