HDPMX vs. JNVSX
HDPMX (Hodges Fund) and JNVSX (Jensen Quality Value Fund) are both mutual funds - HDPMX is a Mid Cap Blend Equities fund managed by Hodges, while JNVSX is a Quality Factor fund managed by Jensen. Over the past 10 years, HDPMX returned 13.67%/yr vs 10.80%/yr for JNVSX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. HDPMX charges 1.17%/yr vs 1.05%/yr for JNVSX.
Performance
HDPMX vs. JNVSX - Performance Comparison
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Returns By Period
In the year-to-date period, HDPMX achieves a 23.62% return, which is significantly higher than JNVSX's 4.50% return. Over the past 10 years, HDPMX has outperformed JNVSX with an annualized return of 13.67%, while JNVSX has yielded a comparatively lower 10.80% annualized return.
HDPMX
- 1D
- 1.43%
- 1M
- -3.98%
- 6M
- 17.14%
- YTD
- 23.62%
- 1Y
- 37.12%
- 3Y*
- 28.79%
- 5Y*
- 15.23%
- 10Y*
- 13.67%
- ALL TIME*
- 10.35%
JNVSX
- 1D
- 0.82%
- 1M
- 2.51%
- 6M
- 4.18%
- YTD
- 4.50%
- 1Y
- 0.72%
- 3Y*
- 5.80%
- 5Y*
- 8.58%
- 10Y*
- 10.80%
- ALL TIME*
- 10.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HDPMX Hodges Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
HDPMX vs. JNVSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDPMX Hodges Fund | 23.62% | 24.06% | 29.32% | 29.81% | -21.80% | 29.50% | 29.58% | 23.02% | -34.39% | 13.87% |
JNVSX Jensen Quality Value Fund | 4.50% | -2.58% | 9.40% | 18.58% | -15.83% | 60.71% | 14.79% | 27.58% | -9.03% | 15.08% |
Correlation
The correlation between HDPMX and JNVSX is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2010 | 0.76 |
Over the past year, the correlation between HDPMX and JNVSX has dropped to 0.34 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
HDPMX vs. JNVSX — Risk / Return Rank
HDPMX
JNVSX
HDPMX vs. JNVSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hodges Fund (HDPMX) and Jensen Quality Value Fund (JNVSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HDPMX | JNVSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.04 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 0.26 | +2.84 |
| Martin ratioReturn relative to average drawdown | 10.23 | 0.46 | +9.77 |
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Drawdowns
HDPMX vs. JNVSX - Drawdown Comparison
The maximum HDPMX drawdown since its inception was -69.66%, which is greater than JNVSX's maximum drawdown of -34.52%. Use the drawdown chart below to compare losses from any high point for HDPMX and JNVSX.
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Drawdown Indicators
| HDPMX | JNVSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.66% | -34.52% | -35.14% |
Max Drawdown (1Y)Largest decline over 1 year | -13.05% | -10.42% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -32.65% | -17.43% | -15.22% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | -24.56% | -12.12% |
Max Drawdown (10Y)Largest decline over 10 years | -67.16% | -34.52% | -32.64% |
Current DrawdownCurrent decline from peak | -7.99% | -4.42% | -3.57% |
Average DrawdownAverage peak-to-trough decline | -15.69% | -5.20% | -10.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 5.81% | -1.87% |
Volatility
HDPMX vs. JNVSX - Volatility Comparison
Hodges Fund (HDPMX) has a higher volatility of 6.67% compared to Jensen Quality Value Fund (JNVSX) at 5.26%. This indicates that HDPMX's price experiences larger fluctuations and is considered to be riskier than JNVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDPMX | JNVSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 5.26% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 19.20% | 10.32% | +8.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.28% | 13.51% | +10.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.81% | 20.56% | +9.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.42% | 19.22% | +11.20% |
HDPMX vs. JNVSX - Expense Ratio Comparison
HDPMX has a 1.17% expense ratio, which is higher than JNVSX's 1.05% expense ratio.
Dividends
HDPMX vs. JNVSX - Dividend Comparison
HDPMX's dividend yield for the trailing twelve months is around 7.68%, less than JNVSX's 10.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDPMX Hodges Fund | 7.68% | 9.50% | 15.93% | 0.72% | 0.49% | 0.00% | 0.00% | 0.00% | 10.67% | 7.26% | 0.00% | 1.04% |
JNVSX Jensen Quality Value Fund | 10.77% | 11.31% | 6.15% | 0.56% | 2.69% | 22.40% | 1.27% | 5.13% | 6.15% | 4.14% | 1.34% | 17.62% |
Frequently Asked Questions
HDPMX and JNVSX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HDPMX has higher volatility (6.67%) compared to JNVSX (5.26%). In terms of maximum drawdown, HDPMX dropped -69.66% vs JNVSX's -34.52%.
HDPMX currently has the higher Sharpe Ratio (1.67 vs 0.20), 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.
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