FSTKX vs. HFCVX

Last updated Jun 6, 2026

FSTKX (Federated Hermes MDT Large Cap Value Fund) and HFCVX (Hennessy Cornerstone Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, FSTKX returned 12.85%/yr vs 11.09%/yr for HFCVX. Their correlation of 0.87 suggests significant overlap in exposure. FSTKX charges 0.99%/yr vs 1.23%/yr for HFCVX.

Performance

FSTKX vs. HFCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Value Fund (FSTKX) and Hennessy Cornerstone Value Fund (HFCVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSTKX achieves a 12.31% return, which is significantly lower than HFCVX's 14.05% return. Over the past 10 years, FSTKX has outperformed HFCVX with an annualized return of 12.85%, while HFCVX has yielded a comparatively lower 11.09% annualized return.

FSTKX

• 1D: 0.65%
• 1M: 2.21%
• YTD: 12.31%
• 6M: 13.69%
• 1Y: 26.65%
• 3Y*: 23.28%
• 5Y*: 13.41%
• 10Y*: 12.85%

HFCVX

• 1D: 0.63%
• 1M: 2.54%
• YTD: 14.05%
• 6M: 15.72%
• 1Y: 27.28%
• 3Y*: 17.04%
• 5Y*: 11.71%
• 10Y*: 11.09%

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

FSTKX vs. HFCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSTKX Federated Hermes MDT Large Cap Value Fund	12.31%	19.44%	22.43%	12.57%	-4.80%	28.37%	6.05%	20.68%	-7.48%	14.04%
HFCVX Hennessy Cornerstone Value Fund	14.05%	18.27%	9.59%	5.81%	6.12%	29.94%	-6.39%	20.84%	-9.50%	19.21%

Correlation

The correlation between FSTKX and HFCVX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Nov 4, 1996	0.87

Over the past year, the correlation between FSTKX and HFCVX has dropped to 0.44 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.

Return for Risk

FSTKX vs. HFCVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSTKX

FSTKX Risk / Return Rank: 91
FSTKX Sharpe Ratio Rank: 90
FSTKX Sortino Ratio Rank: 91
FSTKX Omega Ratio Rank: 83
FSTKX Calmar Ratio Rank: 94
FSTKX Martin Ratio Rank: 96

HFCVX

HFCVX Risk / Return Rank: 91
HFCVX Sharpe Ratio Rank: 91
HFCVX Sortino Ratio Rank: 89
HFCVX Omega Ratio Rank: 81
HFCVX Calmar Ratio Rank: 97
HFCVX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSTKX vs. HFCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Value Fund (FSTKX) 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.

	FSTKX	HFCVX	Difference
Sharpe ratio: Return per unit of total volatility	2.95	2.99	-0.05
Sortino ratio: Return per unit of downside risk	4.41	4.33	+0.08
Omega ratio: Gain probability vs. loss probability	1.55	1.52	+0.03
Calmar ratio: Return relative to maximum drawdown	5.51	7.27	-1.76
Martin ratio: Return relative to average drawdown	24.10	22.19	+1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSTKX vs. HFCVX - Sharpe Ratio Comparison

The current FSTKX Sharpe Ratio is 2.95, which is comparable to the HFCVX Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of FSTKX and HFCVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FSTKX	HFCVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.95	2.99	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.89	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.68	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.41	+0.22

Drawdowns

FSTKX vs. HFCVX - Drawdown Comparison

The maximum FSTKX drawdown since its inception was -53.21%, smaller than the maximum HFCVX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for FSTKX and HFCVX.

Drawdown Indicators

	FSTKX	HFCVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.21%	-65.75%	+12.54%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-3.77%	-2.38%
Max Drawdown (3Y) Largest decline over 3 years	-21.85%	-11.32%	-10.53%
Max Drawdown (5Y) Largest decline over 5 years	-21.85%	-16.81%	-5.04%
Max Drawdown (10Y) Largest decline over 10 years	-38.58%	-39.39%	+0.81%
Current Drawdown Current decline from peak	0.00%	-0.97%	+0.97%
Average Drawdown Average peak-to-trough decline	-6.81%	-8.24%	+1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	1.23%	+1.16%

Volatility

FSTKX vs. HFCVX - Volatility Comparison

Federated Hermes MDT Large Cap Value Fund (FSTKX) and Hennessy Cornerstone Value Fund (HFCVX) have volatilities of 2.71% and 2.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSTKX	HFCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	2.79%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	9.01%	6.82%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	11.53%	9.17%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.79%	13.26%	+4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.81%	16.45%	+2.36%

FSTKX vs. HFCVX - Expense Ratio Comparison

FSTKX has a 0.99% expense ratio, which is lower than HFCVX's 1.23% expense ratio.

Dividends

FSTKX vs. HFCVX - Dividend Comparison

FSTKX's dividend yield for the trailing twelve months is around 5.57%, less than HFCVX's 6.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSTKX Federated Hermes MDT Large Cap Value Fund	5.57%	6.28%	15.06%	1.86%	14.38%	18.45%	1.29%	2.63%	10.03%	10.01%	5.12%	9.24%
HFCVX Hennessy Cornerstone Value Fund	6.48%	7.39%	4.56%	3.57%	10.33%	4.81%	2.58%	6.58%	17.16%	14.97%	2.26%	2.57%

Frequently Asked Questions

Can I hold both FSTKX and HFCVX in my portfolio?

FSTKX and HFCVX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSTKX or HFCVX?

HFCVX has higher volatility (2.79%) compared to FSTKX (2.71%). In terms of maximum drawdown, FSTKX dropped -53.21% vs HFCVX's -65.75%.

Which has better risk-adjusted returns?

HFCVX currently has the higher Sharpe Ratio (2.99 vs 2.95), 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.