HJPNX vs. RMBPX

Last updated Aug 5, 2026

HJPNX (Hennessy Japan Fund) and RMBPX (RMB Japan Fund) are both Japan Equities funds. Their 0.74 correlation means they have sometimes moved together and sometimes differently. HJPNX charges 1.44%/yr vs 1.30%/yr for RMBPX.

Performance

HJPNX vs. RMBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Japan Fund (HJPNX) and RMB Japan Fund (RMBPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HJPNX

• 1D: 1.00%
• 1M: 1.41%
• 6M: 17.34%
• YTD: 21.72%
• 1Y: 33.45%
• 3Y*: 20.98%
• 5Y*: 7.28%
• 10Y*: 9.60%
• ALL TIME*: 8.68%

RMBPX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HJPNX Hennessy Japan Fund	$0.00	$0.00	$0.00

HJPNX vs. RMBPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HJPNX Hennessy Japan Fund	21.72%	14.58%	18.72%	22.90%	-30.65%	-3.08%	25.52%	18.04%	-10.69%
RMBPX RMB Japan Fund	0.00%	-0.24%	-14.03%	19.33%	-14.50%	-2.65%	13.06%	17.64%	-17.62%

Correlation

The correlation between HJPNX and RMBPX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018	0.74

The correlation between HJPNX and RMBPX shifts across timeframes, from 0.56 (3 years) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HJPNX vs. RMBPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HJPNX

HJPNX Risk / Return Rank: 54
HJPNX Sharpe Ratio Rank: 50
HJPNX Sortino Ratio Rank: 48
HJPNX Omega Ratio Rank: 44
HJPNX Calmar Ratio Rank: 71
HJPNX Martin Ratio Rank: 58

RMBPX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HJPNX vs. RMBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Japan Fund (HJPNX) and RMB Japan Fund (RMBPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HJPNX	RMBPX	Difference
Sharpe ratio: Return per unit of total volatility	1.50	—	—
Sortino ratio: Return per unit of downside risk	2.13	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.50	—	—
Martin ratio: Return relative to average drawdown	8.42	—	—

Drawdowns

Drawdown Indicators

	HJPNX	RMBPX	Difference
Max Drawdown Largest peak-to-trough decline	-59.65%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.72%	—	—
Current Drawdown Current decline from peak	-1.68%	—	—
Average Drawdown Average peak-to-trough decline	-15.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	—	—

Volatility

Volatility by Period

	HJPNX	RMBPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.66%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.33%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	—	—

HJPNX vs. RMBPX - Expense Ratio Comparison

HJPNX has a 1.44% expense ratio, which is higher than RMBPX's 1.30% expense ratio.

Dividends

HJPNX vs. RMBPX - Dividend Comparison

HJPNX's dividend yield for the trailing twelve months is around 10.54%, while RMBPX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HJPNX Hennessy Japan Fund	10.54%	12.83%	5.80%	5.87%	0.00%	0.89%	0.00%	0.13%	0.04%	0.02%
RMBPX RMB Japan Fund	0.00%	0.00%	3.28%	4.43%	1.04%	8.11%	0.29%	1.15%	0.36%	0.00%

Frequently Asked Questions

Can I hold both HJPNX and RMBPX in my portfolio?

HJPNX and RMBPX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.