HMSFX vs. EMO
Compare and contrast key facts about Hennessy Midstream Fund Investor Class (HMSFX) and ClearBridge Energy Midstream Opportunity Fund (EMO).
HMSFX is a passively managed fund by Hennessy that tracks the performance of the Alerian US Midstream Energy Index. It was launched on Dec 31, 2013. EMO is an actively managed fund by Franklin Templeton. It was launched on Jun 10, 2011.
Performance
HMSFX vs. EMO - Performance Comparison
Loading graphics...
HMSFX vs. EMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HMSFX Hennessy Midstream Fund Investor Class | 17.51% | -0.76% | 35.85% | 23.50% | 28.88% | 36.22% | -31.21% | 11.77% | -20.36% |
EMO ClearBridge Energy Midstream Opportunity Fund | 20.88% | 7.38% | 44.45% | 31.76% | 40.13% | 74.70% | -64.47% | 19.60% | -30.74% |
Returns By Period
In the year-to-date period, HMSFX achieves a 17.51% return, which is significantly lower than EMO's 20.88% return.
HMSFX
- 1D
- -0.67%
- 1M
- 4.04%
- YTD
- 17.51%
- 6M
- 18.36%
- 1Y
- 8.02%
- 3Y*
- 24.20%
- 5Y*
- 23.77%
- 10Y*
- —
EMO
- 1D
- -0.92%
- 1M
- 2.78%
- YTD
- 20.88%
- 6M
- 23.15%
- 1Y
- 19.30%
- 3Y*
- 34.99%
- 5Y*
- 33.19%
- 10Y*
- 9.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HMSFX vs. EMO - Expense Ratio Comparison
HMSFX has a 1.75% expense ratio, which is lower than EMO's 13.90% expense ratio.
Return for Risk
HMSFX vs. EMO — Risk / Return Rank
HMSFX
EMO
HMSFX vs. EMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hennessy Midstream Fund Investor Class (HMSFX) and ClearBridge Energy Midstream Opportunity Fund (EMO). 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.
| HMSFX | EMO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.42 | 0.91 | -0.49 |
Sortino ratioReturn per unit of downside risk | 0.65 | 1.28 | -0.63 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.20 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.53 | 1.07 | -0.54 |
Martin ratioReturn relative to average drawdown | 0.88 | 3.23 | -2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HMSFX | EMO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 0.91 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.18 | 1.25 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.23 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.12 | +0.24 |
Correlation
The correlation between HMSFX and EMO is 0.84, 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.
Dividends
HMSFX vs. EMO - Dividend Comparison
HMSFX's dividend yield for the trailing twelve months is around 7.72%, less than EMO's 8.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMSFX Hennessy Midstream Fund Investor Class | 7.72% | 8.89% | 8.12% | 10.11% | 11.23% | 12.99% | 15.54% | 9.26% | 4.74% | 0.00% | 0.00% | 0.00% |
EMO ClearBridge Energy Midstream Opportunity Fund | 8.11% | 9.41% | 7.16% | 6.79% | 6.71% | 6.71% | 15.82% | 10.94% | 16.39% | 10.85% | 9.76% | 11.88% |
Drawdowns
HMSFX vs. EMO - Drawdown Comparison
The maximum HMSFX drawdown since its inception was -68.50%, smaller than the maximum EMO drawdown of -95.06%. Use the drawdown chart below to compare losses from any high point for HMSFX and EMO.
Loading graphics...
Drawdown Indicators
| HMSFX | EMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.50% | -95.06% | +26.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.26% | -18.81% | +3.55% |
Max Drawdown (5Y)Largest decline over 5 years | -21.17% | -28.59% | +7.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.02% | — |
Current DrawdownCurrent decline from peak | -0.89% | -2.55% | +1.66% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -32.27% | +19.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.17% | 6.22% | +2.95% |
Volatility
HMSFX vs. EMO - Volatility Comparison
The current volatility for Hennessy Midstream Fund Investor Class (HMSFX) is 4.26%, while ClearBridge Energy Midstream Opportunity Fund (EMO) has a volatility of 4.63%. This indicates that HMSFX experiences smaller price fluctuations and is considered to be less risky than EMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HMSFX | EMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 4.63% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 10.31% | 11.12% | -0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.31% | 21.39% | -2.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.25% | 26.78% | -6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.61% | 41.41% | -11.80% |