HICGX Performance — Hennessy Cornerstone Growth Fund, Institutional Class
Data updated: 2026-09-28
HICGX returned +12.41% year to date and +18.50% over one year to Jul 2026. Annualised returns are +18.30% over 3 years and +14.12% over 5 years. Against its US Small Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $166, against $142 for the category, and to $119 over one year, against $123. Volatility over the past three years was 17.62% a year. In the 12 months to Jul 2026 the fund lost a net $100.6M, and assets reached $485.86M.
HICGX Growth of $100
What $100 invested in Hennessy Cornerstone Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Growth category average over the same months.
| Period | HICGX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $166 | $142 |
| 5 years (Aug 2021 – Jul 2026) | $194 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $290 | $189 |
HICGX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.41% |
| 1 year | +18.50% |
| 3 years (annualised) | +18.30% |
| 5 years (annualised) | +14.12% |
HICGX Annual Returns
Calendar-year total returns of Hennessy Cornerstone Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.41% |
| 2025 | +5.11% |
| 2024 | +32.10% |
| 2023 | +19.99% |
| 2022 | −4.65% |
| 2021 | +29.35% |
| 2020 | +18.07% |
| 2019 (Aug–Dec) | +6.16% |
HICGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.8% | +1.4% | −4.3% | +8.3% | +3.3% | −0.1% | −1.0% | — | — | — | — | — |
| 2025 | +3.5% | −4.9% | −3.4% | −1.0% | +4.7% | +2.2% | −1.1% | +3.3% | +0.9% | −2.9% | +4.2% | +0.1% |
| 2024 | +4.0% | +12.2% | +7.5% | −4.8% | +7.6% | −5.7% | +8.2% | +0.6% | +0.3% | −1.8% | +11.0% | −8.4% |
| 2023 | +6.3% | −2.7% | −4.9% | −4.9% | −1.2% | +14.9% | +6.5% | −0.5% | −1.1% | −6.4% | +5.7% | +9.0% |
| 2022 | −10.5% | +0.3% | +5.5% | −2.7% | +6.4% | −12.8% | +10.1% | −1.1% | −10.8% | +16.4% | +4.6% | −5.6% |
| 2021 | +2.1% | +6.8% | +7.8% | +2.5% | +4.3% | +0.3% | −5.4% | +2.4% | −4.4% | +4.0% | +3.0% | +3.4% |
| 2020 | −4.8% | −10.1% | −29.0% | +17.1% | +10.3% | +5.4% | +7.1% | +6.9% | +0.9% | −0.2% | +17.8% | +5.1% |
| 2019 | — | — | — | — | — | — | — | −3.9% | −0.3% | +1.3% | +5.1% | +4.0% |
HICGX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.62%
- 3-year Sharpe ratio: 0.78 (vs 4.5% risk-free rate)
- Best month: +12.24% (Feb 2024)
- Worst month: −8.39% (Dec 2024)
HICGX Fund Flows
Monthly money in and out of Hennessy Cornerstone Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$100.6M
- 12-month gross sales (incl. reinvestments): $87.9M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.3M | $7.1M | −$3.8M |
| Jun 2026 | $3.1M | $18.1M | −$15.0M |
| May 2026 | $7.1M | $13.8M | −$6.7M |
| Apr 2026 | $5.0M | $8.2M | −$3.2M |
| Mar 2026 | $4.8M | $8.3M | −$3.5M |
| Feb 2026 | $6.1M | $10.9M | −$4.8M |
| Jan 2026 | $20.0M | $28.8M | −$8.8M |
| Dec 2025 | $5.9M | $8.9M | −$3.0M |
| Nov 2025 | $5.2M | $9.2M | −$3.9M |
| Oct 2025 | $10.5M | $20.0M | −$9.5M |
| Sep 2025 | $5.9M | $38.0M | −$32.1M |
| Aug 2025 | $11.0M | $17.1M | −$6.1M |
HICGX Assets Under Management
Net assets of Hennessy Cornerstone Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $485.86M |
| 2026-04-30 | $500.49M |
| 2026-01-31 | $488.24M |
| 2025-10-31 | $462.52M |
| 2025-07-31 | $503.92M |
| 2025-04-30 | $497.81M |
| 2025-01-31 | $583.11M |
| 2024-10-31 | $511.10M |
| 2024-07-31 | $484.13M |
| 2024-04-30 | $350.62M |
| 2024-01-31 | $195.05M |
| 2023-10-31 | $164.05M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.