HFCGX vs. FTQGX
Compare and contrast key facts about Hennessy Cornerstone Growth Fund (HFCGX) and Fidelity Focused Stock Fund (FTQGX).
HFCGX is managed by Hennessy. It was launched on Nov 1, 1996. FTQGX is managed by Fidelity. It was launched on Nov 12, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFCGX or FTQGX.
Correlation
The correlation between HFCGX and FTQGX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HFCGX vs. FTQGX - Performance Comparison
Key characteristics
HFCGX:
0.21
FTQGX:
0.77
HFCGX:
0.42
FTQGX:
1.11
HFCGX:
1.06
FTQGX:
1.16
HFCGX:
0.26
FTQGX:
1.10
HFCGX:
0.61
FTQGX:
3.05
HFCGX:
8.21%
FTQGX:
5.72%
HFCGX:
24.37%
FTQGX:
22.58%
HFCGX:
-71.42%
FTQGX:
-61.00%
HFCGX:
-17.88%
FTQGX:
-9.24%
Returns By Period
In the year-to-date period, HFCGX achieves a 1.57% return, which is significantly lower than FTQGX's 5.36% return. Over the past 10 years, HFCGX has underperformed FTQGX with an annualized return of 5.01%, while FTQGX has yielded a comparatively higher 8.37% annualized return.
HFCGX
1.57%
-5.16%
-6.80%
7.51%
9.75%
5.01%
FTQGX
5.36%
-0.72%
2.58%
18.92%
7.92%
8.37%
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HFCGX vs. FTQGX - Expense Ratio Comparison
HFCGX has a 1.34% expense ratio, which is higher than FTQGX's 0.86% expense ratio.
Risk-Adjusted Performance
HFCGX vs. FTQGX — Risk-Adjusted Performance Rank
HFCGX
FTQGX
HFCGX vs. FTQGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Growth Fund (HFCGX) and Fidelity Focused Stock Fund (FTQGX). 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.
Dividends
HFCGX vs. FTQGX - Dividend Comparison
HFCGX's dividend yield for the trailing twelve months is around 0.12%, less than FTQGX's 0.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFCGX Hennessy Cornerstone Growth Fund | 0.12% | 0.13% | 0.38% | 1.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% |
FTQGX Fidelity Focused Stock Fund | 0.35% | 0.36% | 0.61% | 0.85% | 0.00% | 0.02% | 0.08% | 0.13% | 0.45% | 0.56% | 6.16% | 10.44% |
Drawdowns
HFCGX vs. FTQGX - Drawdown Comparison
The maximum HFCGX drawdown since its inception was -71.42%, which is greater than FTQGX's maximum drawdown of -61.00%. Use the drawdown chart below to compare losses from any high point for HFCGX and FTQGX. For additional features, visit the drawdowns tool.
Volatility
HFCGX vs. FTQGX - Volatility Comparison
The current volatility for Hennessy Cornerstone Growth Fund (HFCGX) is 5.51%, while Fidelity Focused Stock Fund (FTQGX) has a volatility of 7.42%. This indicates that HFCGX experiences smaller price fluctuations and is considered to be less risky than FTQGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.