HFMDX vs. VSCAX
Compare and contrast key facts about Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and Invesco Small Cap Value Fund (VSCAX).
HFMDX is managed by Hennessy. It was launched on Sep 17, 2003. VSCAX is managed by Invesco. It was launched on Jun 21, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFMDX or VSCAX.
Key characteristics
| HFMDX | VSCAX | |
|---|---|---|
| YTD Return | 42.38% | 29.84% |
| 1Y Return | 45.32% | 44.96% |
| 3Y Return (Ann) | 11.03% | 5.50% |
| 5Y Return (Ann) | 18.06% | 13.50% |
| 10Y Return (Ann) | 4.12% | 1.89% |
| Sharpe Ratio | 2.06 | 2.13 |
| Sortino Ratio | 2.52 | 2.75 |
| Omega Ratio | 1.36 | 1.38 |
| Calmar Ratio | 2.55 | 1.89 |
| Martin Ratio | 11.21 | 11.53 |
| Ulcer Index | 4.07% | 3.86% |
| Daily Std Dev | 22.15% | 20.85% |
| Max Drawdown | -71.75% | -72.32% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between HFMDX and VSCAX 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. VSCAX - Performance Comparison
In the year-to-date period, HFMDX achieves a 42.38% return, which is significantly higher than VSCAX's 29.84% return. Over the past 10 years, HFMDX has outperformed VSCAX with an annualized return of 4.12%, while VSCAX has yielded a comparatively lower 1.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HFMDX vs. VSCAX - Expense Ratio Comparison
HFMDX has a 1.36% expense ratio, which is higher than VSCAX's 1.12% expense ratio.
Risk-Adjusted Performance
HFMDX vs. VSCAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and Invesco Small Cap Value Fund (VSCAX). 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. VSCAX - Dividend Comparison
HFMDX has not paid dividends to shareholders, while VSCAX's dividend yield for the trailing twelve months is around 0.43%.
| 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% |
VSCAX Invesco Small Cap Value Fund | 0.43% | 0.56% | 0.35% | 0.04% | 0.30% | 0.00% | 0.00% | 0.00% | 0.18% | 0.06% | 0.00% | 0.00% |
Drawdowns
HFMDX vs. VSCAX - Drawdown Comparison
The maximum HFMDX drawdown since its inception was -71.75%, roughly equal to the maximum VSCAX drawdown of -72.32%. Use the drawdown chart below to compare losses from any high point for HFMDX and VSCAX. For additional features, visit the drawdowns tool.
Volatility
HFMDX vs. VSCAX - Volatility Comparison
The current volatility for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) is 5.19%, while Invesco Small Cap Value Fund (VSCAX) has a volatility of 7.01%. This indicates that HFMDX experiences smaller price fluctuations and is considered to be less risky than VSCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.