VLIFX vs. HFMDX
Compare and contrast key facts about Value Line Mid Cap Focused Fund (VLIFX) and Hennessy Cornerstone Mid Cap 30 Fund (HFMDX).
VLIFX is managed by Value Line. It was launched on Mar 1, 1950. HFMDX is managed by Hennessy. It was launched on Sep 17, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLIFX or HFMDX.
Key characteristics
| VLIFX | HFMDX | |
|---|---|---|
| YTD Return | 13.59% | 28.00% |
| 1Y Return | 25.45% | 38.91% |
| 3Y Return (Ann) | 10.67% | 21.32% |
| 5Y Return (Ann) | 13.47% | 23.57% |
| 10Y Return (Ann) | 13.76% | 12.01% |
| Sharpe Ratio | 1.83 | 1.62 |
| Daily Std Dev | 13.94% | 24.13% |
| Max Drawdown | -61.48% | -56.14% |
| Current Drawdown | -0.70% | -2.17% |
Correlation
The correlation between VLIFX and HFMDX is 0.83, 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.
Performance
VLIFX vs. HFMDX - Performance Comparison
In the year-to-date period, VLIFX achieves a 13.59% return, which is significantly lower than HFMDX's 28.00% return. Over the past 10 years, VLIFX has outperformed HFMDX with an annualized return of 13.76%, while HFMDX has yielded a comparatively lower 12.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VLIFX vs. HFMDX - Expense Ratio Comparison
VLIFX has a 1.07% expense ratio, which is lower than HFMDX's 1.36% expense ratio.
Risk-Adjusted Performance
VLIFX vs. HFMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Value Line Mid Cap Focused Fund (VLIFX) and Hennessy Cornerstone Mid Cap 30 Fund (HFMDX). 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.
Dividends
VLIFX vs. HFMDX - Dividend Comparison
VLIFX's dividend yield for the trailing twelve months is around 0.02%, less than HFMDX's 7.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLIFX Value Line Mid Cap Focused Fund | 0.02% | 0.03% | 7.22% | 8.23% | 7.81% | 1.42% | 5.12% | 1.61% | 2.24% | 0.00% | 0.04% | 0.42% |
HFMDX Hennessy Cornerstone Mid Cap 30 Fund | 7.51% | 9.61% | 21.66% | 1.73% | 0.00% | 0.00% | 40.95% | 18.56% | 0.64% | 0.91% | 6.09% | 7.68% |
Drawdowns
VLIFX vs. HFMDX - Drawdown Comparison
The maximum VLIFX drawdown since its inception was -61.48%, which is greater than HFMDX's maximum drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for VLIFX and HFMDX. For additional features, visit the drawdowns tool.
Volatility
VLIFX vs. HFMDX - Volatility Comparison
The current volatility for Value Line Mid Cap Focused Fund (VLIFX) is 3.73%, while Hennessy Cornerstone Mid Cap 30 Fund (HFMDX) has a volatility of 7.55%. This indicates that VLIFX experiences smaller price fluctuations and is considered to be less risky than HFMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.