HFMDX vs. TMCIX
Compare and contrast key facts about Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and RBC SMID Cap Growth Fund (TMCIX).
HFMDX is managed by Hennessy. It was launched on Sep 17, 2003. TMCIX is managed by RBC Global Asset Management.. It was launched on Jun 1, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFMDX or TMCIX.
Key characteristics
| HFMDX | TMCIX | |
|---|---|---|
| YTD Return | 42.53% | 13.61% |
| 1Y Return | 46.31% | 28.02% |
| 3Y Return (Ann) | 11.10% | -7.81% |
| 5Y Return (Ann) | 18.07% | 2.36% |
| 10Y Return (Ann) | 4.18% | 1.22% |
| Sharpe Ratio | 2.05 | 1.53 |
| Sortino Ratio | 2.51 | 2.21 |
| Omega Ratio | 1.36 | 1.27 |
| Calmar Ratio | 2.54 | 0.70 |
| Martin Ratio | 11.17 | 8.54 |
| Ulcer Index | 4.07% | 3.18% |
| Daily Std Dev | 22.15% | 17.75% |
| Max Drawdown | -71.75% | -67.18% |
| Current Drawdown | 0.00% | -21.84% |
Correlation
The correlation between HFMDX and TMCIX is 0.84, 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
HFMDX vs. TMCIX - Performance Comparison
In the year-to-date period, HFMDX achieves a 42.53% return, which is significantly higher than TMCIX's 13.61% return. Over the past 10 years, HFMDX has outperformed TMCIX with an annualized return of 4.18%, while TMCIX has yielded a comparatively lower 1.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HFMDX vs. TMCIX - Expense Ratio Comparison
HFMDX has a 1.36% expense ratio, which is higher than TMCIX's 0.82% expense ratio.
Risk-Adjusted Performance
HFMDX vs. TMCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and RBC SMID Cap Growth Fund (TMCIX). 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
HFMDX vs. TMCIX - Dividend Comparison
Neither HFMDX nor TMCIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFMDX Hennessy Cornerstone Mid Cap 30 Fund | 0.00% | 0.00% | 0.00% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.00% | 0.11% |
TMCIX RBC SMID Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.13% | 0.00% |
Drawdowns
HFMDX vs. TMCIX - Drawdown Comparison
The maximum HFMDX drawdown since its inception was -71.75%, which is greater than TMCIX's maximum drawdown of -67.18%. Use the drawdown chart below to compare losses from any high point for HFMDX and TMCIX. For additional features, visit the drawdowns tool.
Volatility
HFMDX vs. TMCIX - Volatility Comparison
The current volatility for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) is 5.18%, while RBC SMID Cap Growth Fund (TMCIX) has a volatility of 5.47%. This indicates that HFMDX experiences smaller price fluctuations and is considered to be less risky than TMCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.