HJPSX vs. VOO
Compare and contrast key facts about Hennessy Japan Small Cap Fund (HJPSX) and Vanguard S&P 500 ETF (VOO).
HJPSX is managed by Hennessy. It was launched on Aug 30, 2007. 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: HJPSX or VOO.
Key characteristics
| HJPSX | VOO | |
|---|---|---|
| YTD Return | 5.78% | 18.91% |
| 1Y Return | 12.53% | 28.20% |
| 3Y Return (Ann) | -2.59% | 9.93% |
| 5Y Return (Ann) | 3.98% | 15.31% |
| 10Y Return (Ann) | 7.08% | 12.87% |
| Sharpe Ratio | 0.73 | 2.21 |
| Daily Std Dev | 17.47% | 12.64% |
| Max Drawdown | -47.91% | -33.99% |
| Current Drawdown | -8.78% | -0.60% |
Correlation
The correlation between HJPSX and VOO is 0.50, 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
HJPSX vs. VOO - Performance Comparison
In the year-to-date period, HJPSX achieves a 5.78% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, HJPSX has underperformed VOO with an annualized return of 7.08%, 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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HJPSX vs. VOO - Expense Ratio Comparison
HJPSX has a 1.57% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HJPSX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Japan Small Cap Fund (HJPSX) 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
HJPSX vs. VOO - Dividend Comparison
HJPSX's dividend yield for the trailing twelve months is around 0.80%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HJPSX Hennessy Japan Small Cap Fund | 0.80% | 0.85% | 0.61% | 0.43% | 0.23% | 1.30% | 0.00% | 2.09% | 2.03% | 3.34% | 9.62% | 26.36% |
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
HJPSX vs. VOO - Drawdown Comparison
The maximum HJPSX drawdown since its inception was -47.91%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HJPSX and VOO. For additional features, visit the drawdowns tool.
Volatility
HJPSX vs. VOO - Volatility Comparison
Hennessy Japan Small Cap Fund (HJPSX) has a higher volatility of 4.88% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that HJPSX'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.