HTECX vs. XLK

In the year-to-date period, HTECX achieves a -0.79% return, which is significantly lower than XLK's -0.21% return. Over the past 10 years, HTECX has underperformed XLK with an annualized return of 10.43%, while XLK has yielded a comparatively higher 19.66% annualized return.

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HTECX has a 1.23% expense ratio, which is higher than XLK's 0.13% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Hennessy Technology Fund (HTECX) and Technology Select Sector SPDR Fund (XLK). 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.

The current HTECX Sharpe Ratio is 0.34, which is comparable to the XLK Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of HTECX and XLK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

HTECX's dividend yield for the trailing twelve months is around 4.31%, more than XLK's 0.67% yield.

The maximum HTECX drawdown since its inception was -58.85%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for HTECX and XLK.

Hennessy Technology Fund (HTECX) has a higher volatility of 6.80% compared to Technology Select Sector SPDR Fund (XLK) at 6.42%. This indicates that HTECX's price experiences larger fluctuations and is considered to be riskier than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.