HFCVX vs. HTECX
Compare and contrast key facts about Hennessy Cornerstone Value Fund (HFCVX) and Hennessy Technology Fund (HTECX).
HFCVX is managed by Hennessy. It was launched on Nov 1, 1996. HTECX is managed by Hennessy. It was launched on Jan 31, 2002.
Performance
HFCVX vs. HTECX - Performance Comparison
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HFCVX vs. HTECX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
HTECX Hennessy Technology Fund | -10.79% | 15.48% | 17.29% | 35.95% | -26.28% | 14.75% | 24.45% | 39.13% | -2.27% | 20.31% |
Returns By Period
In the year-to-date period, HFCVX achieves a 8.31% return, which is significantly higher than HTECX's -10.79% return. Over the past 10 years, HFCVX has underperformed HTECX with an annualized return of 10.76%, while HTECX has yielded a comparatively higher 11.64% annualized return.
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%
HTECX
- 1D
- -1.38%
- 1M
- -7.40%
- YTD
- -10.79%
- 6M
- -12.16%
- 1Y
- 13.20%
- 3Y*
- 12.49%
- 5Y*
- 4.99%
- 10Y*
- 11.64%
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HFCVX vs. HTECX - Expense Ratio Comparison
Both HFCVX and HTECX have an expense ratio of 1.23%.
Return for Risk
HFCVX vs. HTECX — Risk / Return Rank
HFCVX
HTECX
HFCVX vs. HTECX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Value Fund (HFCVX) and Hennessy Technology Fund (HTECX). 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.
| HFCVX | HTECX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.48 | +0.98 |
Sortino ratioReturn per unit of downside risk | 1.97 | 0.86 | +1.11 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.12 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 0.62 | +0.95 |
Martin ratioReturn relative to average drawdown | 6.83 | 1.79 | +5.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HFCVX | HTECX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.48 | +0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 0.21 | +0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.50 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.27 | +0.13 |
Correlation
The correlation between HFCVX and HTECX is 0.69, 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
HFCVX vs. HTECX - Dividend Comparison
HFCVX's dividend yield for the trailing twelve months is around 6.83%, less than HTECX's 23.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HTECX Hennessy Technology Fund | 23.72% | 21.16% | 4.28% | 0.00% | 0.07% | 33.37% | 3.58% | 2.65% | 15.54% | 9.60% | 0.00% | 0.00% |
Drawdowns
HFCVX vs. HTECX - Drawdown Comparison
The maximum HFCVX drawdown since its inception was -65.75%, which is greater than HTECX's maximum drawdown of -58.85%. Use the drawdown chart below to compare losses from any high point for HFCVX and HTECX.
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Drawdown Indicators
| HFCVX | HTECX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.75% | -58.85% | -6.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -15.01% | +4.01% |
Max Drawdown (5Y)Largest decline over 5 years | -16.81% | -34.88% | +18.07% |
Max Drawdown (10Y)Largest decline over 10 years | -39.39% | -35.00% | -4.39% |
Current DrawdownCurrent decline from peak | -2.27% | -15.01% | +12.74% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -12.01% | +3.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 5.21% | -2.61% |
Volatility
HFCVX vs. HTECX - Volatility Comparison
The current volatility for Hennessy Cornerstone Value Fund (HFCVX) is 2.92%, while Hennessy Technology Fund (HTECX) has a volatility of 6.20%. This indicates that HFCVX experiences smaller price fluctuations and is considered to be less risky than HTECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HFCVX | HTECX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.92% | 6.20% | -3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 6.80% | 14.54% | -7.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.75% | 25.88% | -13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.27% | 24.04% | -10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 23.52% | -7.04% |