HJPNX vs. VOO
Compare and contrast key facts about Hennessy Japan Fund (HJPNX) and Vanguard S&P 500 ETF (VOO).
HJPNX is managed by Hennessy. It was launched on Oct 30, 2003. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HJPNX or VOO.
Key characteristics
| HJPNX | VOO | |
|---|---|---|
| YTD Return | 19.36% | 18.91% |
| 1Y Return | 24.87% | 28.20% |
| 3Y Return (Ann) | -2.44% | 9.93% |
| 5Y Return (Ann) | 5.84% | 15.31% |
| 10Y Return (Ann) | 8.56% | 12.87% |
| Sharpe Ratio | 1.10 | 2.21 |
| Daily Std Dev | 21.99% | 12.64% |
| Max Drawdown | -59.51% | -33.99% |
| Current Drawdown | -8.45% | -0.60% |
Correlation
The correlation between HJPNX and VOO is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HJPNX vs. VOO - Performance Comparison
The year-to-date returns for both stocks are quite close, with HJPNX having a 19.36% return and VOO slightly lower at 18.91%. Over the past 10 years, HJPNX has underperformed VOO with an annualized return of 8.56%, while VOO has yielded a comparatively higher 12.87% 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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HJPNX vs. VOO - Expense Ratio Comparison
HJPNX has a 1.44% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HJPNX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Japan Fund (HJPNX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
HJPNX's dividend yield for the trailing twelve months is around 4.92%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HJPNX Hennessy Japan Fund | 4.92% | 5.87% | 0.00% | 0.89% | 0.00% | 0.13% | 0.04% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
HJPNX vs. VOO - Drawdown Comparison
The maximum HJPNX drawdown since its inception was -59.51%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HJPNX and VOO. For additional features, visit the drawdowns tool.
Volatility
HJPNX vs. VOO - Volatility Comparison
Hennessy Japan Fund (HJPNX) has a higher volatility of 7.71% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that HJPNX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.