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GASFX vs. HFCVX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GASFX vs. HFCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Gas Utility Fund (GASFX) and Hennessy Cornerstone Value Fund (HFCVX). The values are adjusted to include any dividend payments, if applicable.

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GASFX vs. HFCVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
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

In the year-to-date period, GASFX achieves a 14.24% return, which is significantly higher than HFCVX's 8.31% return. Over the past 10 years, GASFX has underperformed HFCVX with an annualized return of 10.14%, while HFCVX has yielded a comparatively higher 10.76% 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%

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

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GASFX vs. HFCVX - Expense Ratio Comparison

GASFX has a 1.00% expense ratio, which is lower than HFCVX's 1.23% expense ratio.


Return for Risk

GASFX vs. HFCVX — Risk / Return Rank

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

GASFX
GASFX Risk / Return Rank: 7777
Overall Rank
GASFX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
GASFX Sortino Ratio Rank: 7373
Sortino Ratio Rank
GASFX Omega Ratio Rank: 6868
Omega Ratio Rank
GASFX Calmar Ratio Rank: 8787
Calmar Ratio Rank
GASFX Martin Ratio Rank: 8383
Martin Ratio Rank

HFCVX
HFCVX Risk / Return Rank: 7575
Overall Rank
HFCVX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
HFCVX Sortino Ratio Rank: 7979
Sortino Ratio Rank
HFCVX Omega Ratio Rank: 7878
Omega Ratio Rank
HFCVX Calmar Ratio Rank: 6969
Calmar Ratio Rank
HFCVX Martin Ratio Rank: 7272
Martin Ratio Rank
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.

GASFX vs. HFCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Gas Utility Fund (GASFX) 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.


GASFXHFCVXDifference

Sharpe ratio

Return per unit of total volatility

1.36

1.46

-0.10

Sortino ratio

Return per unit of downside risk

1.80

1.97

-0.17

Omega ratio

Gain probability vs. loss probability

1.25

1.30

-0.04

Calmar ratio

Return relative to maximum drawdown

2.27

1.57

+0.70

Martin ratio

Return relative to average drawdown

8.36

6.83

+1.53

GASFX vs. HFCVX - Sharpe Ratio Comparison

The current GASFX Sharpe Ratio is 1.36, which is comparable to the HFCVX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of GASFX and HFCVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GASFXHFCVXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

1.46

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.97

0.93

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.65

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.58

0.40

+0.18

Correlation

The correlation between GASFX and HFCVX is 0.65, 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. HFCVX - Dividend Comparison

GASFX's dividend yield for the trailing twelve months is around 10.02%, more than HFCVX's 6.83% yield.


TTM20252024202320222021202020192018201720162015
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%
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

GASFX vs. HFCVX - Drawdown Comparison

The maximum GASFX drawdown since its inception was -49.33%, smaller than the maximum HFCVX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for GASFX and HFCVX.


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Drawdown Indicators


GASFXHFCVXDifference

Max Drawdown

Largest peak-to-trough decline

-49.33%

-65.75%

+16.42%

Max Drawdown (1Y)

Largest decline over 1 year

-8.47%

-11.00%

+2.53%

Max Drawdown (5Y)

Largest decline over 5 years

-18.25%

-16.81%

-1.44%

Max Drawdown (10Y)

Largest decline over 10 years

-37.23%

-39.39%

+2.16%

Current Drawdown

Current decline from peak

-0.23%

-2.27%

+2.04%

Average Drawdown

Average peak-to-trough decline

-7.88%

-8.28%

+0.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.30%

2.60%

-0.30%

Volatility

GASFX vs. HFCVX - Volatility Comparison

Hennessy Gas Utility Fund (GASFX) has a higher volatility of 3.35% compared to Hennessy Cornerstone Value Fund (HFCVX) at 2.92%. This indicates that GASFX's price experiences larger fluctuations and is considered to be riskier 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


GASFXHFCVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.35%

2.92%

+0.43%

Volatility (6M)

Calculated over the trailing 6-month period

7.85%

6.80%

+1.05%

Volatility (1Y)

Calculated over the trailing 1-year period

13.69%

12.75%

+0.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.32%

13.27%

+2.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.63%

16.48%

+1.15%