Hotchkis & Wiley Value Opportunities Fund (HWAIX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with HWAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HWAIX
HWAIX charges 0.94% annually. There are 216 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | HWAIX vs FBLEX | |
| Vanguard Value Index Fund Institutional Shares | 0.03% | — | Jul 1998 | HWAIX vs VIVIX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | HWAIX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | HWAIX vs FLCOX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 254.20B | Nov 2000 | HWAIX vs VVIAX |
Best Risk-Adjusted Alternatives to HWAIX
HWAIX has a PortfoliosLab risk / return rank of 57. There are 254 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 98 | — | Oct 1993 | HWAIX vs FGIPX | |
| Delaware Growth and Income Fund | 98 | — | Oct 1993 | HWAIX vs FGINX | |
| PIMCO RAE US Fund | 98 | — | Jun 2015 | HWAIX vs PKAIX | |
| BlackRock Advantage Large Cap Value Fund Investor ... | 98 | — | — | HWAIX vs MDLVX | |
| LSV Conservative Value Equity Fund | 98 | — | Mar 2007 | HWAIX vs LSVVX |
Top Performing HWAIX Alternatives (YTD)
HWAIX is at 12.52% YTD. There are 199 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 30.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAE US Fund | 30.43% | — | Jun 2015 | HWAIX vs PKAIX | |
| Voya Corporate Leaders Trust Fund | 29.15% | — | Nov 1935 | HWAIX vs LEXCX | |
| AMG Yacktman Focused Fund | 25.82% | — | May 1997 | HWAIX vs YAFFX | |
| PIMCO RAE PLUS Fund | 25.46% | — | Jun 2005 | HWAIX vs PXTIX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 24.91% | — | Jun 2022 | HWAIX vs AVLVX |
Lowest Volatility Alternatives to HWAIX
HWAIX has 13.48% 1-year volatility. There are 282 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.64%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.64% | — | Feb 2021 | HWAIX vs ACTIX | |
| Fidelity Advisor Large Cap Fund Class M | 7.26% | — | Feb 1996 | HWAIX vs FALGX | |
| The Income Fund of America Class R-1 | 7.35% | — | Dec 1973 | HWAIX vs RIDAX | |
| American Century Equity Income Fund | 8.58% | 6.45B | Aug 1994 | HWAIX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.60% | — | Jul 1998 | HWAIX vs ACIIX |
Lowest Drawdown Alternatives to HWAIX
HWAIX has a 1-year max drawdown of -7.10%. There are 133 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | HWAIX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | HWAIX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | HWAIX vs BUFBX | |
| Torray Equity Income Fund | -4.50% | — | Dec 1990 | HWAIX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | HWAIX vs SVAIX |
Other Mutual Funds from Hotchkis & Wiley
The 10 most viewed Hotchkis & Wiley mutual funds shown here include HWHIX, HWVIX, HWMIX and span 7 categories.
Often Compared With HWAIX
Investors most often compare HWAIX with EFV, IPFPX, SCHD. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare HWAIX with Any Fund or Stock
Compare HWAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HWAIX with funds that move differently
Hotchkis & Wiley Value Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HWAIX.
Explore HWAIX Diversifiers