HJPNX vs. MINDX
Compare and contrast key facts about Hennessy Japan Fund (HJPNX) and Matthews India Fund (MINDX).
HJPNX is managed by Hennessy. It was launched on Oct 30, 2003. MINDX is managed by Matthews Asia Funds. It was launched on Oct 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HJPNX or MINDX.
Key characteristics
| HJPNX | MINDX | |
|---|---|---|
| YTD Return | 19.85% | 20.33% |
| 1Y Return | 24.71% | 28.86% |
| 3Y Return (Ann) | -2.31% | 8.33% |
| 5Y Return (Ann) | 5.95% | 15.01% |
| 10Y Return (Ann) | 8.61% | 8.59% |
| Sharpe Ratio | 1.19 | 1.86 |
| Daily Std Dev | 22.01% | 15.24% |
| Max Drawdown | -59.51% | -72.18% |
| Current Drawdown | -8.08% | 0.00% |
Correlation
The correlation between HJPNX and MINDX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HJPNX vs. MINDX - Performance Comparison
The year-to-date returns for both investments are quite close, with HJPNX having a 19.85% return and MINDX slightly higher at 20.33%. Both investments have delivered pretty close results over the past 10 years, with HJPNX having a 8.61% annualized return and MINDX not far behind at 8.59%. 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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HJPNX vs. MINDX - Expense Ratio Comparison
HJPNX has a 1.44% expense ratio, which is higher than MINDX's 1.15% expense ratio.
Risk-Adjusted Performance
HJPNX vs. MINDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Japan Fund (HJPNX) and Matthews India Fund (MINDX). 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
HJPNX vs. MINDX - Dividend Comparison
HJPNX's dividend yield for the trailing twelve months is around 4.90%, more than MINDX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HJPNX Hennessy Japan Fund | 4.90% | 5.87% | 0.00% | 0.89% | 0.00% | 0.13% | 0.04% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
MINDX Matthews India Fund | 2.55% | 3.07% | 15.30% | 10.02% | 3.03% | 12.04% | 16.50% | 0.00% | 0.00% | 0.99% | 0.72% | 1.20% |
Drawdowns
HJPNX vs. MINDX - Drawdown Comparison
The maximum HJPNX drawdown since its inception was -59.51%, smaller than the maximum MINDX drawdown of -72.18%. Use the drawdown chart below to compare losses from any high point for HJPNX and MINDX. For additional features, visit the drawdowns tool.
Volatility
HJPNX vs. MINDX - Volatility Comparison
Hennessy Japan Fund (HJPNX) has a higher volatility of 8.19% compared to Matthews India Fund (MINDX) at 3.04%. This indicates that HJPNX's price experiences larger fluctuations and is considered to be riskier than MINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.