Homestead Funds Value Fund (HOVLX)

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The chart shows the growth of an initial investment of $10,000 in Homestead Funds Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Homestead Funds Value Fund (HOVLX) has returned -1.23% so far this year and 11.87% over the past 12 months. Over the last ten years, HOVLX has returned 11.56% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Nov 19, 1990, HOVLX's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, your investment would double in approximately 6.4 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +13.1%, while the worst month was Oct 2008 at -17.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, HOVLX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +11.0%, while the worst single day was Mar 16, 2020 at -12.4%.

Homestead Funds Value Fund has an annualized alpha of 2.35%, beta of 0.87, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since November 20, 1990.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (95.38%) than losses (88.85%) — typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.35% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.87 and R² of 0.86, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

HOVLX has an expense ratio of 0.63%, placing it in the medium range.

HOVLX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) and compare them to a chosen benchmark (S&P 500 Index).

Homestead Funds Value Fund provided a 10.75% dividend yield over the last twelve months, with an annual payout of $5.60 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Homestead Funds Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Homestead Funds Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Homestead Funds Value Fund was 57.90%, occurring on Mar 5, 2009. Recovery took 975 trading sessions.

The current Homestead Funds Value Fund drawdown is 8.24%.

The chart below shows the rolling one-month volatility.