SSSFX vs. HFCGX

Last updated Aug 1, 2026

SSSFX (SouthernSun Small Cap) and HFCGX (Hennessy Cornerstone Growth Fund) are both Small Cap Blend Equities funds. Over the past 10 years, SSSFX returned 9.40%/yr vs 11.94%/yr for HFCGX. Their correlation of 0.83 means they have usually moved in the same direction. SSSFX charges 1.30%/yr vs 1.34%/yr for HFCGX.

Performance

SSSFX vs. HFCGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SouthernSun Small Cap (SSSFX) and Hennessy Cornerstone Growth Fund (HFCGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSSFX achieves a 16.91% return, which is significantly higher than HFCGX's 12.44% return. Over the past 10 years, SSSFX has underperformed HFCGX with an annualized return of 9.40%, while HFCGX has yielded a comparatively higher 11.94% annualized return.

SSSFX

• 1D: 0.25%
• 1M: 1.65%
• 6M: 7.90%
• YTD: 16.91%
• 1Y: 25.37%
• 3Y*: 6.62%
• 5Y*: 7.63%
• 10Y*: 9.40%
• ALL TIME*: 9.57%

HFCGX

• 1D: 3.16%
• 1M: 2.88%
• 6M: 7.39%
• YTD: 12.44%
• 1Y: 20.12%
• 3Y*: 17.93%
• 5Y*: 13.94%
• 10Y*: 11.94%
• ALL TIME*: 9.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HFCGX Hennessy Cornerstone Growth Fund	$0.00	$0.00	$0.00
SSSFX SouthernSun Small Cap	$0.00	$0.00	$0.00

SSSFX vs. HFCGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSSFX SouthernSun Small Cap	16.91%	4.72%	3.46%	12.52%	-1.86%	21.87%	14.08%	35.45%	-24.32%	18.03%
HFCGX Hennessy Cornerstone Growth Fund	12.44%	4.78%	31.45%	19.58%	-4.97%	29.94%	17.73%	20.70%	-21.39%	16.60%

Correlation

The correlation between SSSFX and HFCGX is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since Oct 2, 2003	0.83

Over the past year, the correlation between SSSFX and HFCGX has dropped to 0.62 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

SSSFX vs. HFCGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SSSFX

SSSFX Risk / Return Rank: 35
SSSFX Sharpe Ratio Rank: 36
SSSFX Sortino Ratio Rank: 40
SSSFX Omega Ratio Rank: 33
SSSFX Calmar Ratio Rank: 37
SSSFX Martin Ratio Rank: 28

HFCGX

HFCGX Risk / Return Rank: 53
HFCGX Sharpe Ratio Rank: 48
HFCGX Sortino Ratio Rank: 51
HFCGX Omega Ratio Rank: 44
HFCGX Calmar Ratio Rank: 75
HFCGX Martin Ratio Rank: 49

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSSFX vs. HFCGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SouthernSun Small Cap (SSSFX) and Hennessy Cornerstone Growth Fund (HFCGX). 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.

	SSSFX	HFCGX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	1.28	-0.16
Sortino ratio: Return per unit of downside risk	1.75	1.91	-0.15
Omega ratio: Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.57	2.39	-0.82
Martin ratio: Return relative to average drawdown	4.09	6.64	-2.55

SSSFX vs. HFCGX - Sharpe Ratio Comparison

The current SSSFX Sharpe Ratio is 1.12, which is comparable to the HFCGX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of SSSFX and HFCGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SSSFX vs. HFCGX - Drawdown Comparison

The maximum SSSFX drawdown since its inception was -65.85%, which is greater than HFCGX's maximum drawdown of -62.35%. Use the drawdown chart below to compare losses from any high point for SSSFX and HFCGX.

Drawdown Indicators

	SSSFX	HFCGX	Difference
Max Drawdown Largest peak-to-trough decline	-65.85%	-62.35%	-3.50%
Max Drawdown (1Y) Largest decline over 1 year	-14.39%	-7.82%	-6.57%
Max Drawdown (3Y) Largest decline over 3 years	-32.76%	-22.86%	-9.90%
Max Drawdown (5Y) Largest decline over 5 years	-32.76%	-26.30%	-6.46%
Max Drawdown (10Y) Largest decline over 10 years	-45.20%	-54.22%	+9.02%
Current Drawdown Current decline from peak	-2.15%	-4.09%	+1.94%
Average Drawdown Average peak-to-trough decline	-10.85%	-15.17%	+4.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.53%	2.81%	+2.72%

Volatility

SSSFX vs. HFCGX - Volatility Comparison

The current volatility for SouthernSun Small Cap (SSSFX) is 4.78%, while Hennessy Cornerstone Growth Fund (HFCGX) has a volatility of 6.56%. This indicates that SSSFX experiences smaller price fluctuations and is considered to be less risky than HFCGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSSFX	HFCGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	6.56%	-1.78%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	11.96%	+2.26%
Volatility (1Y) Calculated over the trailing 1-year period	20.16%	14.57%	+5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.49%	23.87%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.28%	25.88%	-2.60%

SSSFX vs. HFCGX - Expense Ratio Comparison

SSSFX has a 1.30% expense ratio, which is lower than HFCGX's 1.34% expense ratio.

Dividends

SSSFX vs. HFCGX - Dividend Comparison

SSSFX's dividend yield for the trailing twelve months is around 4.31%, while HFCGX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HFCGX Hennessy Cornerstone Growth Fund	0.00%	0.00%	14.11%	0.38%	3.58%	26.58%	0.00%	0.00%	10.47%	0.00%	0.00%	0.11%
SSSFX SouthernSun Small Cap	4.31%	5.04%	13.93%	13.87%	9.40%	11.51%	0.23%	5.29%	4.77%	0.00%	0.00%	12.69%

Frequently Asked Questions

Can I hold both SSSFX and HFCGX in my portfolio?

SSSFX and HFCGX 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, SSSFX or HFCGX?

HFCGX has higher volatility (6.56%) compared to SSSFX (4.78%). In terms of maximum drawdown, SSSFX dropped -65.85% vs HFCGX's -62.35%.

Which has better risk-adjusted returns?

HFCGX currently has the higher Sharpe Ratio (1.28 vs 1.12), 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.