HFMDX vs. XSVM
Compare and contrast key facts about Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
HFMDX is managed by Hennessy. It was launched on Sep 17, 2003. XSVM is a passively managed fund by Invesco that tracks the performance of the S&P SmallCap 600 Index. It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFMDX or XSVM.
Correlation
The correlation between HFMDX and XSVM is 0.82, 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. XSVM - Performance Comparison
Key characteristics
HFMDX:
0.85
XSVM:
0.35
HFMDX:
1.12
XSVM:
0.68
HFMDX:
1.19
XSVM:
1.08
HFMDX:
0.95
XSVM:
0.57
HFMDX:
2.81
XSVM:
1.24
HFMDX:
7.63%
XSVM:
6.11%
HFMDX:
25.33%
XSVM:
21.71%
HFMDX:
-71.75%
XSVM:
-62.57%
HFMDX:
-18.37%
XSVM:
-8.38%
Returns By Period
In the year-to-date period, HFMDX achieves a 4.56% return, which is significantly higher than XSVM's 1.58% return. Over the past 10 years, HFMDX has underperformed XSVM with an annualized return of 2.76%, while XSVM has yielded a comparatively higher 10.42% annualized return.
HFMDX
4.56%
1.48%
-4.89%
20.00%
13.28%
2.76%
XSVM
1.58%
0.36%
-4.52%
5.75%
12.92%
10.42%
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HFMDX vs. XSVM - Expense Ratio Comparison
HFMDX has a 1.36% expense ratio, which is higher than XSVM's 0.39% expense ratio.
Risk-Adjusted Performance
HFMDX vs. XSVM — Risk-Adjusted Performance Rank
HFMDX
XSVM
HFMDX vs. XSVM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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. XSVM - Dividend Comparison
HFMDX's dividend yield for the trailing twelve months is around 0.19%, less than XSVM's 1.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFMDX Hennessy Cornerstone Mid Cap 30 Fund | 0.19% | 0.19% | 0.00% | 0.00% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.14% | 0.00% |
XSVM Invesco S&P SmallCap Value with Momentum ETF | 1.66% | 1.69% | 1.31% | 1.79% | 1.23% | 1.21% | 1.22% | 2.54% | 1.90% | 2.29% | 2.68% | 1.32% |
Drawdowns
HFMDX vs. XSVM - Drawdown Comparison
The maximum HFMDX drawdown since its inception was -71.75%, which is greater than XSVM's maximum drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for HFMDX and XSVM. For additional features, visit the drawdowns tool.
Volatility
HFMDX vs. XSVM - Volatility Comparison
The current volatility for Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) is 4.21%, while Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a volatility of 4.96%. This indicates that HFMDX experiences smaller price fluctuations and is considered to be less risky than XSVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.