FPACX vs. HSGFX
Compare and contrast key facts about FPA Crescent Fund (FPACX) and Hussman Strategic Growth Fund (HSGFX).
FPACX is managed by FPA. It was launched on Jun 1, 1993. HSGFX is managed by Hussman Funds. It was launched on Jul 24, 2000.
Performance
FPACX vs. HSGFX - Performance Comparison
Loading graphics...
FPACX vs. HSGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPACX FPA Crescent Fund | -3.27% | 17.69% | 12.42% | 20.30% | -9.20% | 15.09% | 12.14% | 20.03% | -7.42% | 10.38% |
HSGFX Hussman Strategic Growth Fund | 5.80% | 6.24% | -6.99% | -11.60% | 17.33% | -0.23% | 14.52% | -18.87% | 8.78% | -12.72% |
Returns By Period
In the year-to-date period, FPACX achieves a -3.27% return, which is significantly lower than HSGFX's 5.80% return. Over the past 10 years, FPACX has outperformed HSGFX with an annualized return of 9.35%, while HSGFX has yielded a comparatively lower -1.69% annualized return.
FPACX
- 1D
- 0.19%
- 1M
- -6.57%
- YTD
- -3.27%
- 6M
- -0.26%
- 1Y
- 14.07%
- 3Y*
- 13.33%
- 5Y*
- 7.95%
- 10Y*
- 9.35%
HSGFX
- 1D
- -0.17%
- 1M
- 5.24%
- YTD
- 5.80%
- 6M
- 2.66%
- 1Y
- 0.49%
- 3Y*
- -1.32%
- 5Y*
- -0.64%
- 10Y*
- -1.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPACX vs. HSGFX - Expense Ratio Comparison
FPACX has a 1.00% expense ratio, which is lower than HSGFX's 1.15% expense ratio.
Return for Risk
FPACX vs. HSGFX — Risk / Return Rank
FPACX
HSGFX
FPACX vs. HSGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FPA Crescent Fund (FPACX) and Hussman Strategic Growth Fund (HSGFX). 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.
| FPACX | HSGFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.27 | 0.09 | +1.18 |
Sortino ratioReturn per unit of downside risk | 1.84 | 0.25 | +1.59 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.03 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 0.14 | +1.57 |
Martin ratioReturn relative to average drawdown | 6.19 | 0.22 | +5.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FPACX | HSGFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 0.09 | +1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | -0.06 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | -0.16 | +0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.07 | +0.79 |
Correlation
The correlation between FPACX and HSGFX is -0.38. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FPACX vs. HSGFX - Dividend Comparison
FPACX's dividend yield for the trailing twelve months is around 9.92%, more than HSGFX's 2.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPACX FPA Crescent Fund | 9.92% | 9.60% | 7.95% | 3.72% | 0.77% | 11.62% | 4.80% | 4.65% | 8.87% | 3.70% | 4.98% | 6.34% |
HSGFX Hussman Strategic Growth Fund | 2.20% | 2.33% | 3.00% | 3.10% | 1.08% | 0.42% | 0.16% | 1.84% | 1.19% | 0.50% | 0.28% | 0.56% |
Drawdowns
FPACX vs. HSGFX - Drawdown Comparison
The maximum FPACX drawdown since its inception was -31.60%, smaller than the maximum HSGFX drawdown of -60.61%. Use the drawdown chart below to compare losses from any high point for FPACX and HSGFX.
Loading graphics...
Drawdown Indicators
| FPACX | HSGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.60% | -60.61% | +29.01% |
Max Drawdown (1Y)Largest decline over 1 year | -7.37% | -18.73% | +11.36% |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | -22.42% | +3.95% |
Max Drawdown (10Y)Largest decline over 10 years | -29.46% | -34.70% | +5.24% |
Current DrawdownCurrent decline from peak | -7.19% | -49.60% | +42.41% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -26.67% | +22.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 12.35% | -10.31% |
Volatility
FPACX vs. HSGFX - Volatility Comparison
The current volatility for FPA Crescent Fund (FPACX) is 3.28%, while Hussman Strategic Growth Fund (HSGFX) has a volatility of 3.93%. This indicates that FPACX experiences smaller price fluctuations and is considered to be less risky than HSGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPACX | HSGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.93% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.37% | 8.42% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 12.48% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.86% | 10.93% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.17% | 10.59% | +2.58% |