HFLGX vs. HNRIX

Last updated Apr 1, 2026

Compare and contrast key facts about Hennessy Cornerstone Large Cap Growth Fund (HFLGX) and Hennessy Energy Transition Fund (HNRIX).

HFLGX is managed by Hennessy. It was launched on Mar 20, 2009. HNRIX is managed by Hennessy. It was launched on Dec 30, 2013.

Performance

HFLGX vs. HNRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Cornerstone Large Cap Growth Fund (HFLGX) and Hennessy Energy Transition Fund (HNRIX). The values are adjusted to include any dividend payments, if applicable.

HFLGX vs. HNRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HFLGX Hennessy Cornerstone Large Cap Growth Fund	3.18%	7.40%	4.38%	21.74%	-13.23%	34.89%	5.49%	27.53%	-10.75%
HNRIX Hennessy Energy Transition Fund	31.39%	12.87%	13.84%	4.09%	47.97%	55.91%	-25.63%	6.05%	-23.32%

Returns By Period

In the year-to-date period, HFLGX achieves a 3.18% return, which is significantly lower than HNRIX's 31.39% return.

HFLGX

• 1D: 0.34%
• 1M: -6.86%
• YTD: 3.18%
• 6M: 3.33%
• 1Y: 11.82%
• 3Y*: 10.52%
• 5Y*: 6.65%
• 10Y*: 10.46%

HNRIX

• 1D: -1.68%
• 1M: 8.55%
• YTD: 31.39%
• 6M: 36.94%
• 1Y: 38.71%
• 3Y*: 22.80%
• 5Y*: 25.50%
• 10Y*: —

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

HFLGX vs. HNRIX - Expense Ratio Comparison

HFLGX has a 1.29% expense ratio, which is lower than HNRIX's 1.92% expense ratio.

HNRIX

Hennessy Energy Transition Fund

HFLGX

Hennessy Cornerstone Large Cap Growth Fund

Return for Risk

HFLGX vs. HNRIX — Risk / Return Rank

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

HFLGX

HFLGX Risk / Return Rank: 36
HFLGX Sharpe Ratio Rank: 35
HFLGX Sortino Ratio Rank: 37
HFLGX Omega Ratio Rank: 34
HFLGX Calmar Ratio Rank: 34
HFLGX Martin Ratio Rank: 39

HNRIX

HNRIX Risk / Return Rank: 83
HNRIX Sharpe Ratio Rank: 86
HNRIX Sortino Ratio Rank: 84
HNRIX Omega Ratio Rank: 81
HNRIX Calmar Ratio Rank: 84
HNRIX Martin Ratio Rank: 77

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.

HFLGX vs. HNRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Large Cap Growth Fund (HFLGX) and Hennessy Energy Transition Fund (HNRIX). 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.

	HFLGX	HNRIX	Difference
Sharpe ratio Return per unit of total volatility	0.79	1.70	-0.91
Sortino ratio Return per unit of downside risk	1.22	2.20	-0.98
Omega ratio Gain probability vs. loss probability	1.17	1.32	-0.16
Calmar ratio Return relative to maximum drawdown	0.93	2.10	-1.16
Martin ratio Return relative to average drawdown	4.05	7.42	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HFLGX vs. HNRIX - Sharpe Ratio Comparison

The current HFLGX Sharpe Ratio is 0.79, which is lower than the HNRIX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of HFLGX and HNRIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HFLGX	HNRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	1.70	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.96	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.37	+0.37

Correlation

The correlation between HFLGX and HNRIX is 0.62, 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

HFLGX vs. HNRIX - Dividend Comparison

HFLGX's dividend yield for the trailing twelve months is around 5.88%, more than HNRIX's 0.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFLGX Hennessy Cornerstone Large Cap Growth Fund	5.88%	6.07%	4.44%	3.74%	19.36%	14.30%	5.26%	2.43%	26.78%	4.11%	7.15%	30.08%
HNRIX Hennessy Energy Transition Fund	0.59%	0.77%	0.14%	0.00%	0.76%	13.34%	0.00%	0.22%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HFLGX vs. HNRIX - Drawdown Comparison

The maximum HFLGX drawdown since its inception was -38.90%, smaller than the maximum HNRIX drawdown of -74.75%. Use the drawdown chart below to compare losses from any high point for HFLGX and HNRIX.

Drawdown Indicators

	HFLGX	HNRIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.90%	-74.75%	+35.85%
Max Drawdown (1Y) Largest decline over 1 year	-12.01%	-18.59%	+6.58%
Max Drawdown (5Y) Largest decline over 5 years	-25.67%	-28.56%	+2.89%
Max Drawdown (10Y) Largest decline over 10 years	-38.90%	—	—
Current Drawdown Current decline from peak	-6.86%	-1.68%	-5.18%
Average Drawdown Average peak-to-trough decline	-4.90%	-15.53%	+10.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	5.25%	-2.48%

Volatility

HFLGX vs. HNRIX - Volatility Comparison

The current volatility for Hennessy Cornerstone Large Cap Growth Fund (HFLGX) is 3.11%, while Hennessy Energy Transition Fund (HNRIX) has a volatility of 4.52%. This indicates that HFLGX experiences smaller price fluctuations and is considered to be less risky than HNRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HFLGX	HNRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.11%	4.52%	-1.41%
Volatility (6M) Calculated over the trailing 6-month period	8.56%	13.30%	-4.74%
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	23.71%	-7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	26.80%	-9.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.88%	35.06%	-16.18%