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HMSIX vs. FSTEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HMSIX vs. FSTEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hennessy Midstream Fund (HMSIX) and Invesco Energy Fund (FSTEX). The values are adjusted to include any dividend payments, if applicable.

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HMSIX vs. FSTEX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
HMSIX
Hennessy Midstream Fund
17.65%-0.49%36.21%23.75%29.15%36.58%-31.00%11.97%-20.24%
FSTEX
Invesco Energy Fund
38.85%12.31%6.00%0.28%52.85%55.99%-32.13%4.78%-27.69%

Returns By Period

In the year-to-date period, HMSIX achieves a 17.65% return, which is significantly lower than FSTEX's 38.85% return.


HMSIX

1D
-0.63%
1M
4.11%
YTD
17.65%
6M
18.55%
1Y
8.36%
3Y*
24.54%
5Y*
24.09%
10Y*

FSTEX

1D
-0.55%
1M
13.19%
YTD
38.85%
6M
42.88%
1Y
43.71%
3Y*
20.07%
5Y*
25.80%
10Y*
8.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HMSIX vs. FSTEX - Expense Ratio Comparison

HMSIX has a 1.51% expense ratio, which is higher than FSTEX's 1.36% expense ratio.


Return for Risk

HMSIX vs. FSTEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HMSIX
HMSIX Risk / Return Rank: 1616
Overall Rank
HMSIX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
HMSIX Sortino Ratio Rank: 1515
Sortino Ratio Rank
HMSIX Omega Ratio Rank: 1616
Omega Ratio Rank
HMSIX Calmar Ratio Rank: 1919
Calmar Ratio Rank
HMSIX Martin Ratio Rank: 1212
Martin Ratio Rank

FSTEX
FSTEX Risk / Return Rank: 8888
Overall Rank
FSTEX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSTEX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FSTEX Omega Ratio Rank: 8787
Omega Ratio Rank
FSTEX Calmar Ratio Rank: 8888
Calmar Ratio Rank
FSTEX Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HMSIX vs. FSTEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Midstream Fund (HMSIX) and Invesco Energy Fund (FSTEX). 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.


HMSIXFSTEXDifference

Sharpe ratio

Return per unit of total volatility

0.44

2.04

-1.60

Sortino ratio

Return per unit of downside risk

0.67

2.54

-1.87

Omega ratio

Gain probability vs. loss probability

1.10

1.37

-0.27

Calmar ratio

Return relative to maximum drawdown

0.56

2.31

-1.75

Martin ratio

Return relative to average drawdown

0.94

8.35

-7.41

HMSIX vs. FSTEX - Sharpe Ratio Comparison

The current HMSIX Sharpe Ratio is 0.44, which is lower than the FSTEX Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of HMSIX and FSTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HMSIXFSTEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.44

2.04

-1.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.19

1.03

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.27

+0.10

Correlation

The correlation between HMSIX and FSTEX is 0.77, 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

HMSIX vs. FSTEX - Dividend Comparison

HMSIX's dividend yield for the trailing twelve months is around 7.29%, more than FSTEX's 1.60% yield.


TTM20252024202320222021202020192018201720162015
HMSIX
Hennessy Midstream Fund
7.29%8.42%7.74%9.70%10.84%12.61%15.17%9.10%4.67%0.00%0.00%0.00%
FSTEX
Invesco Energy Fund
1.60%2.22%4.03%2.11%0.89%1.80%2.21%1.53%3.05%2.22%1.10%1.58%

Drawdowns

HMSIX vs. FSTEX - Drawdown Comparison

The maximum HMSIX drawdown since its inception was -68.43%, smaller than the maximum FSTEX drawdown of -83.31%. Use the drawdown chart below to compare losses from any high point for HMSIX and FSTEX.


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Drawdown Indicators


HMSIXFSTEXDifference

Max Drawdown

Largest peak-to-trough decline

-68.43%

-83.31%

+14.88%

Max Drawdown (1Y)

Largest decline over 1 year

-15.22%

-18.57%

+3.35%

Max Drawdown (5Y)

Largest decline over 5 years

-21.17%

-26.88%

+5.71%

Max Drawdown (10Y)

Largest decline over 10 years

-73.41%

Current Drawdown

Current decline from peak

-0.91%

-0.55%

-0.36%

Average Drawdown

Average peak-to-trough decline

-12.47%

-25.28%

+12.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.07%

5.13%

+3.94%

Volatility

HMSIX vs. FSTEX - Volatility Comparison

Hennessy Midstream Fund (HMSIX) and Invesco Energy Fund (FSTEX) have volatilities of 4.23% and 4.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HMSIXFSTEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.23%

4.36%

-0.13%

Volatility (6M)

Calculated over the trailing 6-month period

10.22%

12.75%

-2.53%

Volatility (1Y)

Calculated over the trailing 1-year period

19.24%

22.29%

-3.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.26%

25.29%

-5.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.62%

29.77%

-0.15%