HSGFX vs. BPLEX
HSGFX (Hussman Strategic Growth Fund) and BPLEX (Boston Partners Long/Short Equity Fund) are both Long-Short funds. Over the past 10 years, HSGFX returned -2.22%/yr vs 14.55%/yr for BPLEX. Their -0.23 correlation means they have often moved in opposite directions in the past. HSGFX charges 1.15%/yr vs 2.21%/yr for BPLEX.
Performance
HSGFX vs. BPLEX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HSGFX achieves a -5.27% return, which is significantly lower than BPLEX's 21.35% return. Over the past 10 years, HSGFX has underperformed BPLEX with an annualized return of -2.22%, while BPLEX has yielded a comparatively higher 14.55% annualized return.
HSGFX
- 1D
- -0.92%
- 1M
- 3.85%
- 6M
- -3.58%
- YTD
- -5.27%
- 1Y
- -10.47%
- 3Y*
- -2.65%
- 5Y*
- -1.91%
- 10Y*
- -2.22%
- ALL TIME*
- 0.22%
BPLEX
- 1D
- 0.08%
- 1M
- 4.07%
- 6M
- 18.54%
- YTD
- 21.35%
- 1Y
- 38.12%
- 3Y*
- 38.04%
- 5Y*
- 27.10%
- 10Y*
- 14.55%
- ALL TIME*
- 11.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
HSGFX vs. BPLEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSGFX Hussman Strategic Growth Fund | -5.27% | 6.24% | -6.99% | -11.60% | 17.33% | -0.23% | 14.52% | -18.87% | 8.78% | -12.72% |
BPLEX Boston Partners Long/Short Equity Fund | 21.35% | 27.87% | 56.97% | 14.93% | 6.95% | 31.73% | -5.82% | 8.97% | -15.70% | 2.54% |
Correlation
The correlation between HSGFX and BPLEX is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (3Y) Balances recent behavior with more history. | -0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.37 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.37 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2000 | -0.23 |
The correlation between HSGFX and BPLEX shifts across timeframes, from -0.37 (5 years) to -0.23 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HSGFX vs. BPLEX — Risk / Return Rank
HSGFX
BPLEX
HSGFX vs. BPLEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hussman Strategic Growth Fund (HSGFX) and Boston Partners Long/Short Equity Fund (BPLEX). 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.
| HSGFX | BPLEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.20 | ||
| Sortino ratioReturn per unit of downside risk | -6.29 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.64 | -0.74 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 7.09 | -7.62 |
| Martin ratioReturn relative to average drawdown | -0.97 | 25.78 | -26.75 |
Loading charts...
Drawdowns
HSGFX vs. BPLEX - Drawdown Comparison
The maximum HSGFX drawdown since its inception was -60.61%, which is greater than BPLEX's maximum drawdown of -43.47%. Use the drawdown chart below to compare losses from any high point for HSGFX and BPLEX.
Loading charts...
Drawdown Indicators
| HSGFX | BPLEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.61% | -43.47% | -17.14% |
Max Drawdown (1Y)Largest decline over 1 year | -17.20% | -5.23% | -11.97% |
Max Drawdown (3Y)Largest decline over 3 years | -24.52% | -28.78% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -28.78% | +4.26% |
Max Drawdown (10Y)Largest decline over 10 years | -30.86% | -37.65% | +6.79% |
Current DrawdownCurrent decline from peak | -54.87% | -0.23% | -54.64% |
Average DrawdownAverage peak-to-trough decline | -27.04% | -6.58% | -20.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.44% | 1.44% | +8.00% |
Volatility
HSGFX vs. BPLEX - Volatility Comparison
Hussman Strategic Growth Fund (HSGFX) has a higher volatility of 3.49% compared to Boston Partners Long/Short Equity Fund (BPLEX) at 2.74%. This indicates that HSGFX's price experiences larger fluctuations and is considered to be riskier than BPLEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HSGFX | BPLEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 2.74% | +0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 10.40% | 8.40% | +2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.89% | 10.65% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.43% | 37.83% | -26.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.90% | 29.24% | -18.34% |
HSGFX vs. BPLEX - Expense Ratio Comparison
HSGFX has a 1.15% expense ratio, which is lower than BPLEX's 2.21% expense ratio.
Dividends
HSGFX vs. BPLEX - Dividend Comparison
HSGFX's dividend yield for the trailing twelve months is around 2.46%, less than BPLEX's 9.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPLEX Boston Partners Long/Short Equity Fund | 9.02% | 10.94% | 58.72% | 28.35% | 15.19% | 5.11% | 44.84% | 11.33% | 9.69% | 0.83% | 0.00% | 9.91% |
HSGFX Hussman Strategic Growth Fund | 2.46% | 2.33% | 3.00% | 3.10% | 1.08% | 0.42% | 0.16% | 1.84% | 1.19% | 0.50% | 0.28% | 0.56% |
Frequently Asked Questions
HSGFX and BPLEX have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSGFX has higher volatility (3.49%) compared to BPLEX (2.74%). In terms of maximum drawdown, HSGFX dropped -60.61% vs BPLEX's -43.47%.
BPLEX currently has the higher Sharpe Ratio (3.49 vs -0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HSGFX and BPLEX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer