GASFX vs. HBFBX
Compare and contrast key facts about Hennessy Gas Utility Fund (GASFX) and Hennessy Balanced Fund (HBFBX).
GASFX is managed by Hennessy. It was launched on May 9, 1989. HBFBX is managed by Hennessy. It was launched on Mar 7, 1996.
Performance
GASFX vs. HBFBX - Performance Comparison
Loading graphics...
GASFX vs. HBFBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GASFX Hennessy Gas Utility Fund | 14.24% | 10.42% | 24.98% | 0.27% | 13.68% | 19.60% | -9.34% | 20.80% | -3.47% | 7.04% |
HBFBX Hennessy Balanced Fund | 3.41% | 9.90% | 4.81% | 7.62% | 3.83% | 8.07% | -2.98% | 9.71% | 0.06% | 8.34% |
Returns By Period
In the year-to-date period, GASFX achieves a 14.24% return, which is significantly higher than HBFBX's 3.41% return. Over the past 10 years, GASFX has outperformed HBFBX with an annualized return of 10.14%, while HBFBX has yielded a comparatively lower 5.81% annualized return.
GASFX
- 1D
- 0.17%
- 1M
- 0.60%
- YTD
- 14.24%
- 6M
- 11.75%
- 1Y
- 17.55%
- 3Y*
- 16.83%
- 5Y*
- 14.84%
- 10Y*
- 10.14%
HBFBX
- 1D
- 0.00%
- 1M
- -2.54%
- YTD
- 3.41%
- 6M
- 7.04%
- 1Y
- 8.57%
- 3Y*
- 8.37%
- 5Y*
- 6.18%
- 10Y*
- 5.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GASFX vs. HBFBX - Expense Ratio Comparison
GASFX has a 1.00% expense ratio, which is higher than HBFBX's 0.49% expense ratio.
Return for Risk
GASFX vs. HBFBX — Risk / Return Rank
GASFX
HBFBX
GASFX vs. HBFBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Gas Utility Fund (GASFX) and Hennessy Balanced Fund (HBFBX). 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.
| GASFX | HBFBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.35 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.80 | 1.94 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.26 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.73 | +0.54 |
Martin ratioReturn relative to average drawdown | 8.36 | 6.32 | +2.05 |
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
| GASFX | HBFBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.35 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.97 | 0.86 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.72 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.47 | +0.10 |
Correlation
The correlation between GASFX and HBFBX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GASFX vs. HBFBX - Dividend Comparison
GASFX's dividend yield for the trailing twelve months is around 10.02%, more than HBFBX's 1.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GASFX Hennessy Gas Utility Fund | 10.02% | 12.06% | 7.36% | 6.63% | 15.49% | 10.63% | 10.93% | 7.11% | 12.31% | 2.96% | 3.52% | 5.64% |
HBFBX Hennessy Balanced Fund | 1.40% | 1.90% | 5.40% | 4.62% | 9.50% | 3.79% | 0.95% | 5.20% | 5.51% | 7.62% | 7.76% | 2.53% |
Drawdowns
GASFX vs. HBFBX - Drawdown Comparison
The maximum GASFX drawdown since its inception was -49.33%, which is greater than HBFBX's maximum drawdown of -41.61%. Use the drawdown chart below to compare losses from any high point for GASFX and HBFBX.
Loading graphics...
Drawdown Indicators
| GASFX | HBFBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.33% | -41.61% | -7.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -4.93% | -3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.25% | -10.22% | -8.03% |
Max Drawdown (10Y)Largest decline over 10 years | -37.23% | -17.24% | -19.99% |
Current DrawdownCurrent decline from peak | -0.23% | -2.54% | +2.31% |
Average DrawdownAverage peak-to-trough decline | -7.88% | -4.07% | -3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 1.44% | +0.86% |
Volatility
GASFX vs. HBFBX - Volatility Comparison
Hennessy Gas Utility Fund (GASFX) has a higher volatility of 3.35% compared to Hennessy Balanced Fund (HBFBX) at 1.41%. This indicates that GASFX's price experiences larger fluctuations and is considered to be riskier than HBFBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GASFX | HBFBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 1.41% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 7.85% | 4.21% | +3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.69% | 6.92% | +6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.32% | 7.24% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.63% | 8.13% | +9.50% |