HNNAZ vs RWAY

Comparison between Hennessy Advisors Inc (HNNAZ, Company) and Runway Growth Finance Corp (RWAY, Company).

5-Year PerformanceHNNAZ has outperformed RWAY, delivering a return of +4.2% compared to -4.3%

HNNAZ vs RWAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HNNAZ(COMPANY)	RWAY(COMPANY)
Market Cap	$199M	$199M
Max Drawdown	17.23%	64.39%
Sharpe Ratio	0.30	-1.92
5Y Beta	0.04	0.61
Industry	N/A	Asset Management
P/E Ratio	21.77	-70.55
Forward P/E	N/A	4.48
PEG Ratio	8.92	1.16
Dividend Yield	N/A	23.60%
5Y EPS CAGR	3.86%	N/A
Debt to Equity	0.00%	97.43%
Free Cash Flow Yield	5.96%	59.72%
P/S Ratio	N/A	1.78
P/B Ratio	N/A	0.54

Market Cap

HNNAZ

$199M

Winner

RWAY

$199M

Max Drawdown

Winner

HNNAZ

17.23%

RWAY

64.39%

Sharpe Ratio

Winner

HNNAZ

0.30

RWAY

-1.92

5Y Beta

Winner

HNNAZ

0.04

RWAY

0.61

Industry

HNNAZ

N/A

RWAY

Asset Management

P/E Ratio

HNNAZ

21.77

Winner

RWAY

-70.55

Forward P/E

HNNAZ

N/A

RWAY

4.48

PEG Ratio

HNNAZ

8.92

Winner

RWAY

1.16

Dividend Yield

HNNAZ

N/A

RWAY

23.60%

5Y EPS CAGR

HNNAZ

3.86%

RWAY

N/A

Debt to Equity

Winner

HNNAZ

0.00%

RWAY

97.43%

Free Cash Flow Yield

HNNAZ

5.96%

Winner

RWAY

59.72%

P/S Ratio

HNNAZ

N/A

RWAY

1.78

P/B Ratio

HNNAZ

N/A

RWAY

0.54

HNNAZ vs RWAY - Historical Returns

Returns include dividend reinvestment.

Period	HNNAZ	RWAY
1 month	-0.16%	+1.48%
3 months	+0.62%	-10.35%
6 months	+2.26%	-35.62%
1 year	+5.74%	-42.38%
5 years(CAGR)	+4.21%	-4.34%
Max(CAGR)	+4.21%	-4.34%

HNNAZ

-0.16%

Winner

RWAY

+1.48%

Winner

HNNAZ

+0.62%

RWAY

-10.35%

Winner

HNNAZ

+2.26%

RWAY

-35.62%

Winner

HNNAZ

+5.74%

RWAY

-42.38%

5Y(CAGR)

Winner

HNNAZ

+4.21%

RWAY

-4.34%

Max(CAGR)

Winner

HNNAZ

+4.21%

RWAY

-4.34%

HNNAZ vs RWAY - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	HNNAZ	RWAY
2026	+2.06%	-33.49%
2025	+8.40%	-7.71%
2024	+3.10%	+0.84%
2023	+5.57%	+21.42%
2022	-5.51%	-2.46%
2021	+1.17%	+1.43%

HNNAZ vs RWAY Drawdown Comparison

The maximum drawdown for HNNAZ was -11.88%, occurring on Mar 28, 2023. Recovery took 472 trading sessions.

The maximum drawdown for RWAY was -45.28%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current HNNAZ drawdown is -0.38%. The current RWAY drawdown is -43.10%.

Rank	HNNAZ	RWAY
#1	-11.88% Jan 20, 2022 - Dec 6, 2023	-45.28% Feb 22, 2024 - Jun 25, 2026
#2	-7.65% Dec 6, 2023 - Jan 2, 2024	-23.93% Mar 29, 2022 - Mar 3, 2023
#3	-4.54% Jan 2, 2024 - Jun 27, 2024	-20.43% Mar 3, 2023 - Jul 26, 2023
#4	-4.02% Jul 29, 2024 - Oct 17, 2024	-10.79% Sep 1, 2023 - Nov 10, 2023
#5	-3.61% Jan 3, 2022 - Jan 20, 2022	-10.38% Nov 30, 2021 - Mar 22, 2022
#6	-2.96% Mar 27, 2025 - Jun 13, 2025	-7.03% Nov 13, 2023 - Jan 26, 2024
#7	-2.66% Nov 21, 2025 - Dec 15, 2025	-5.11% Oct 29, 2021 - Nov 15, 2021
#8	-2.45% Oct 30, 2024 - Jan 6, 2025	-3.26% Oct 21, 2021 - Oct 29, 2021
#9	-2.28% Jun 27, 2024 - Jul 10, 2024	-3.24% Jul 28, 2023 - Aug 8, 2023
#10	-2.23% Jul 10, 2024 - Jul 29, 2024	-2.97% Aug 14, 2023 - Aug 23, 2023
#11	-1.78% Mar 16, 2026 - Apr 28, 2026	-2.56% Feb 15, 2024 - Feb 22, 2024
#12	-1.76% Aug 25, 2025 - Sep 15, 2025	-2.43% Aug 23, 2023 - Sep 1, 2023
#13	-1.50% Apr 28, 2026 - May 8, 2026	-2.26% Nov 15, 2021 - Nov 22, 2021
#14	-1.42% Feb 28, 2025 - Mar 18, 2025	-1.55% Jul 26, 2023 - Jul 28, 2023
#15	-1.40% Sep 15, 2025 - Nov 21, 2025	-1.27% Jan 30, 2024 - Feb 2, 2024