HFXI vs CET

Comparison between NYLI FTSE INTERNATIONAL EQUITY CURRENCY NEUTRAL ETF (HFXI, ETF) and Central Securities Corp (CET, ETF).

5-Year PerformanceCET has outperformed HFXI, delivering a return of +12.4% compared to +12.4%

HFXI vs CET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HFXI(ETF)	CET(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.20%	N/A
Max Drawdown	34.20%	73.29%
Sharpe Ratio	1.60	1.32
5Y Beta	0.76	0.66
5Y Dividends CAGR	29.05%	7.95%

Net Assets

HFXI

$1.90B

CET

$1.90B

Expense Ratio

HFXI

0.20%

CET

N/A

Max Drawdown

Winner

HFXI

34.20%

CET

73.29%

Sharpe Ratio

Winner

HFXI

1.60

CET

1.32

5Y Beta

HFXI

0.76

Winner

CET

0.66

5Y Dividends CAGR

Winner

HFXI

29.05%

CET

7.95%

HFXI vs CET - Historical Returns

Returns include dividend reinvestment.

Period	HFXI	CET
1 month	+1.60%	+5.82%
3 months	+5.50%	+5.07%
6 months	+9.98%	+7.43%
1 year	+32.45%	+20.78%
5 years(CAGR)	+12.37%	+12.38%
10 years(CAGR)	+11.46%	+16.66%
Max(CAGR)	+9.51%	+10.54%

HFXI

+1.60%

Winner

CET

+5.82%

Winner

HFXI

+5.50%

CET

+5.07%

Winner

HFXI

+9.98%

CET

+7.43%

Winner

HFXI

+32.45%

CET

+20.78%

5Y(CAGR)

HFXI

+12.37%

Winner

CET

+12.38%

10Y(CAGR)

HFXI

+11.46%

Winner

CET

+16.66%

Max(CAGR)

HFXI

+9.51%

Winner

CET

+10.54%

HFXI vs CET - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HFXI	CET
2026	+17.17%	+10.40%
2025	+30.00%	+18.04%
2024	+8.11%	+27.16%
2023	+18.35%	+18.42%
2022	-11.18%	-19.07%
2021	+13.38%	+51.39%
2020	+5.66%	+3.77%
2019	+20.05%	+37.54%
2018	-13.16%	-4.99%
2017	+21.53%	+30.57%
2016	+4.51%	+23.34%
2015	-7.15%	-3.98%
2014	N/A	+10.24%
2013	N/A	+26.91%
2012	N/A	+0.99%
2011	N/A	-2.98%
2010	N/A	+26.25%
2009	N/A	+24.89%
2008	N/A	-37.04%
2007	N/A	+10.42%
2006	N/A	+20.89%
2005	N/A	+14.55%
2004	N/A	+16.40%
2003	N/A	+34.25%
2002	N/A	-30.41%
2001	N/A	-1.71%
2000	N/A	+16.42%
1999	N/A	+12.25%

HFXI vs CET Drawdown Comparison

The maximum drawdown for HFXI was -32.42%, occurring on Mar 16, 2020. Recovery took 214 trading sessions.

The maximum drawdown for CET was -56.58%, occurring on Mar 9, 2009. Recovery took 663 trading sessions.

The current HFXI drawdown is -1.14%.

Rank	HFXI	CET
#1	-32.42% Jan 17, 2020 - Nov 20, 2020	-56.58% May 16, 2008 - Jan 3, 2011
#2	-22.34% Sep 7, 2021 - Jun 13, 2023	-50.75% Sep 1, 2000 - Dec 1, 2005
#3	-20.76% Aug 10, 2015 - Mar 15, 2017	-39.91% Jan 16, 2020 - Dec 7, 2020
#4	-19.69% Jan 26, 2018 - Nov 5, 2019	-24.88% Dec 30, 2021 - Mar 7, 2024
#5	-13.52% Mar 19, 2025 - May 2, 2025	-22.78% May 31, 2011 - Jul 15, 2013
#6	-10.83% Feb 25, 2026 - May 6, 2026	-18.50% Dec 23, 2014 - Jun 6, 2016
#7	-9.62% Jul 28, 2023 - Dec 11, 2023	-16.78% Aug 29, 2018 - Mar 14, 2019
#8	-8.98% Jul 12, 2024 - Aug 30, 2024	-15.46% Jul 17, 2007 - May 15, 2008
#9	-6.77% Sep 26, 2024 - Feb 13, 2025	-15.42% Feb 19, 2025 - Jul 2, 2025
#10	-5.67% Jun 22, 2026 - Jul 29, 2026	-14.88% Mar 28, 2000 - Jun 27, 2000
#11	-5.09% Nov 12, 2025 - Dec 15, 2025	-11.45% Jul 23, 2014 - Dec 23, 2014
#12	-4.60% Jun 15, 2021 - Aug 11, 2021	-9.96% Jan 17, 2018 - Jun 8, 2018
#13	-4.54% Jun 2, 2026 - Jun 15, 2026	-8.08% Mar 2, 2026 - Apr 17, 2026
#14	-4.28% Jan 8, 2021 - Feb 11, 2021	-7.69% Jan 27, 2006 - Oct 12, 2006
#15	-4.02% Mar 27, 2024 - May 7, 2024	-7.56% Jul 20, 2000 - Aug 18, 2000

Correlation

Correlation between HFXI and CET is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

HFXI vs CET dividend yield comparison.

Year	HFXI	CET
2026	0.85%	0.56%
2025	4.19%	5.32%
2024	2.68%	4.92%
2023	2.49%	4.90%
2022	4.65%	7.34%
2021	3.10%	8.41%
2020	2.00%	5.68%
2019	3.19%	3.78%
2018	4.33%	5.84%
2017	2.56%	3.65%
2016	2.71%	4.50%
2015	0.78%	10.41%
2014	0.00%	7.97%
2013	0.00%	17.03%
2012	0.00%	4.70%
2011	0.00%	4.89%
2010	0.00%	4.10%
2009	0.00%	3.62%
2008	0.00%	17.08%
2007	0.00%	8.94%
2006	0.00%	8.33%
2005	0.00%	8.40%
2004	0.00%	5.78%
2003	0.00%	6.70%
2002	0.00%	7.68%
2001	0.00%	7.11%
2000	0.00%	13.63%
1999	0.00%	8.81%