SLVRX vs. HFCVX

Last updated Jun 4, 2026

SLVRX (Columbia Select Large Cap Value Fund Class R) and HFCVX (Hennessy Cornerstone Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, SLVRX returned 13.01%/yr vs 11.15%/yr for HFCVX. Their correlation of 0.90 suggests significant overlap in exposure. SLVRX charges 1.05%/yr vs 1.23%/yr for HFCVX.

Performance

SLVRX vs. HFCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Large Cap Value Fund Class R (SLVRX) and Hennessy Cornerstone Value Fund (HFCVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SLVRX having a 13.29% return and HFCVX slightly higher at 13.70%. Over the past 10 years, SLVRX has outperformed HFCVX with an annualized return of 13.01%, while HFCVX has yielded a comparatively lower 11.15% annualized return.

SLVRX

• 1D: 0.75%
• 1M: 5.23%
• YTD: 13.29%
• 6M: 16.77%
• 1Y: 36.55%
• 3Y*: 20.42%
• 5Y*: 11.19%
• 10Y*: 13.01%

HFCVX

• 1D: 0.88%
• 1M: 2.10%
• YTD: 13.70%
• 6M: 14.88%
• 1Y: 26.29%
• 3Y*: 16.75%
• 5Y*: 11.74%
• 10Y*: 11.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLVRX vs. HFCVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLVRX Columbia Select Large Cap Value Fund Class R	13.29%	27.32%	12.24%	5.25%	-1.30%	26.02%	5.92%	26.26%	-12.52%	18.96%
HFCVX Hennessy Cornerstone Value Fund	13.70%	18.27%	9.59%	5.81%	6.12%	29.94%	-6.39%	20.84%	-9.50%	19.21%

Correlation

The correlation between SLVRX and HFCVX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 5, 2004	0.90

Over the past year, the correlation between SLVRX and HFCVX has dropped to 0.62 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

SLVRX vs. HFCVX — Risk / Return Rank

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

SLVRX

SLVRX Risk / Return Rank: 88
SLVRX Sharpe Ratio Rank: 93
SLVRX Sortino Ratio Rank: 90
SLVRX Omega Ratio Rank: 84
SLVRX Calmar Ratio Rank: 86
SLVRX Martin Ratio Rank: 88

HFCVX

HFCVX Risk / Return Rank: 89
HFCVX Sharpe Ratio Rank: 89
HFCVX Sortino Ratio Rank: 88
HFCVX Omega Ratio Rank: 77
HFCVX Calmar Ratio Rank: 97
HFCVX Martin Ratio Rank: 94

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.

SLVRX vs. HFCVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Large Cap Value Fund Class R (SLVRX) and Hennessy Cornerstone Value Fund (HFCVX). 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.

	SLVRX	HFCVX	Difference
Sharpe ratio: Return per unit of total volatility	3.19	2.91	+0.28
Sortino ratio: Return per unit of downside risk	4.42	4.22	+0.20
Omega ratio: Gain probability vs. loss probability	1.56	1.51	+0.05
Calmar ratio: Return relative to maximum drawdown	4.16	7.07	-2.91
Martin ratio: Return relative to average drawdown	17.04	21.66	-4.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLVRX vs. HFCVX - Sharpe Ratio Comparison

The current SLVRX Sharpe Ratio is 3.19, which is comparable to the HFCVX Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of SLVRX and HFCVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SLVRX	HFCVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.19	2.91	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.89	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.68	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.41	+0.07

Drawdowns

SLVRX vs. HFCVX - Drawdown Comparison

The maximum SLVRX drawdown since its inception was -60.20%, smaller than the maximum HFCVX drawdown of -65.75%. Use the drawdown chart below to compare losses from any high point for SLVRX and HFCVX.

Drawdown Indicators

	SLVRX	HFCVX	Difference
Max Drawdown Largest peak-to-trough decline	-60.20%	-65.75%	+5.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.03%	-3.77%	-5.26%
Max Drawdown (3Y) Largest decline over 3 years	-14.91%	-11.32%	-3.59%
Max Drawdown (5Y) Largest decline over 5 years	-18.53%	-16.81%	-1.72%
Max Drawdown (10Y) Largest decline over 10 years	-41.51%	-39.39%	-2.12%
Current Drawdown Current decline from peak	0.00%	-1.29%	+1.29%
Average Drawdown Average peak-to-trough decline	-7.43%	-8.24%	+0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	1.23%	+0.97%

Volatility

SLVRX vs. HFCVX - Volatility Comparison

Columbia Select Large Cap Value Fund Class R (SLVRX) has a higher volatility of 3.25% compared to Hennessy Cornerstone Value Fund (HFCVX) at 2.79%. This indicates that SLVRX's price experiences larger fluctuations and is considered to be riskier than HFCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLVRX	HFCVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	2.79%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	8.83%	6.85%	+1.98%
Volatility (1Y) Calculated over the trailing 1-year period	11.77%	9.16%	+2.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.89%	13.26%	+2.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.69%	16.46%	+2.23%

SLVRX vs. HFCVX - Expense Ratio Comparison

SLVRX has a 1.05% expense ratio, which is lower than HFCVX's 1.23% expense ratio.

Dividends

SLVRX vs. HFCVX - Dividend Comparison

SLVRX's dividend yield for the trailing twelve months is around 7.50%, more than HFCVX's 6.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFCVX Hennessy Cornerstone Value Fund	6.50%	7.39%	4.56%	3.57%	10.33%	4.81%	2.58%	6.58%	17.16%	14.97%	2.26%	2.57%
SLVRX Columbia Select Large Cap Value Fund Class R	7.50%	8.50%	3.27%	3.42%	1.15%	5.83%	7.46%	6.83%	4.60%	3.92%	8.22%	4.27%

Frequently Asked Questions

Can I hold both SLVRX and HFCVX in my portfolio?

SLVRX and HFCVX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLVRX or HFCVX?

SLVRX has higher volatility (3.25%) compared to HFCVX (2.79%). In terms of maximum drawdown, SLVRX dropped -60.20% vs HFCVX's -65.75%.

Which has better risk-adjusted returns?

SLVRX currently has the higher Sharpe Ratio (3.19 vs 2.91), 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.