- ISIN
- US44134R7686
- Issuer
- Hotchkis & Wiley
- Inception Date
- Aug 30, 2004
- Category
- Large Cap Value Equities
- Min. Investment
- $250,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
HWCIX Performance Chart
Hotchkis & Wiley Diversified Value Fund (HWCIX) is up 4.9% since the beginning of the year. HWCIX is currently trading at $32 per share. Investors who bought $1,000 worth of HWCIX shares 5 years ago would now be looking at an investment worth $1,698.
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Returns By Period
Hotchkis & Wiley Diversified Value Fund (HWCIX) has returned 4.93% so far this year and 19.11% over the past 12 months. Over the last ten years, HWCIX has returned 12.49% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Hotchkis & Wiley Diversified Value Fund
- 1D
- -0.79%
- 1M
- -1.72%
- YTD
- 4.93%
- 6M
- 4.23%
- 1Y
- 19.11%
- 3Y*
- 15.39%
- 5Y*
- 11.17%
- 10Y*
- 12.49%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HWCIX Monthly Returns History
Based on dividend-adjusted daily data since Sep 1, 2004, HWCIX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +21.2%, while the worst month was Mar 2020 at -25.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, HWCIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +12.8%, while the worst single day was Mar 16, 2020 at -14.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.63% | 1.97% | -3.28% | 5.65% | 1.35% | -2.23% | 4.93% | ||||||
| 2025 | 4.51% | 0.33% | -2.87% | -4.16% | 4.19% | 3.51% | -0.37% | 5.47% | 1.27% | -0.81% | 1.57% | 3.73% | 17.09% |
| 2024 | -0.07% | 2.30% | 7.16% | -4.55% | 3.47% | -0.90% | 5.82% | 0.95% | -0.85% | 0.06% | 5.12% | -5.57% | 12.80% |
| 2023 | 9.47% | -3.09% | -2.46% | 0.71% | -3.84% | 7.17% | 6.31% | -3.36% | -2.70% | -3.27% | 7.51% | 6.61% | 19.01% |
| 2022 | 3.01% | -0.75% | 0.87% | -8.35% | 5.84% | -12.16% | 8.26% | -2.39% | -11.64% | 14.96% | 6.84% | -5.09% | -4.35% |
| 2021 | 0.56% | 12.17% | 6.01% | 3.72% | 4.77% | -2.34% | -1.63% | 1.74% | -1.51% | 6.19% | -5.06% | 5.04% | 32.46% |
Benchmark Metrics
Hotchkis & Wiley Diversified Value Fund has an annualized alpha of -0.64%, beta of 1.09, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since September 01, 2004.
- This fund participated in 113.11% of S&P 500 Index downside but only 111.32% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.09 and R2 of 0.84, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.64%
- Beta
- 1.09
- R²
- 0.84
- Upside Capture
- 111.32%
- Downside Capture
- 113.11%
Expense Ratio
HWCIX has an expense ratio of 0.80%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HWCIX ranks 41 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hotchkis & Wiley Diversified Value Fund (HWCIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HWCIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.78 | +0.25 |
| Martin ratioReturn relative to average drawdown | 9.33 | 12.44 | -3.11 |
Dividends
Dividend History
Hotchkis & Wiley Diversified Value Fund provided a 10.62% dividend yield over the last twelve months, with an annual payout of $3.35 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.35 | $3.35 | $3.96 | $0.45 | $0.27 | $0.28 | $0.39 | $0.37 | $0.26 | $0.34 | $0.84 | $0.21 |
Dividend yield | 10.62% | 11.15% | 13.85% | 1.56% | 1.12% | 1.10% | 1.99% | 1.82% | 1.62% | 1.82% | 5.17% | 1.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Hotchkis & Wiley Diversified Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.35 | $3.35 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.96 | $3.96 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Hotchkis & Wiley Diversified 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 Hotchkis & Wiley Diversified Value Fund was 69.74%, occurring on Mar 5, 2009. Recovery took 1095 trading sessions.
The current Hotchkis & Wiley Diversified Value Fund drawdown is 4.37%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -69.74%Mar 2009 | 1y 9mo | 4y 4mo | 6y 1moJun 2007 - Jul 2013 |
COVID crash2020 | -47.31%Mar 2020 | 2mo 2d | 9mo 19d | 11mo 21dJan 2020 - Jan 2021 |
Rate-hike selloffLate 2018 | -25.90%Dec 2018 | 10mo 29d | 10mo 19d | 1y 9moJan 2018 - Nov 2019 |
2016 bear market2016 | -25.77%Feb 2016 | 7mo 22d | 9mo 7d | 1y 4moJun 2015 - Nov 2016 |
Bear market2022 | -23.62%Sep 2022 | 7mo 22d | 9mo 23d | 1y 5moFeb 2022 - Jul 2023 |
Drawdown Indicators
| HWCIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.74% | -56.78% | -12.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.33% | -9.10% | +2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -18.90% | +2.38% |
Max Drawdown (5Y)Largest decline over 5 years | -23.62% | -25.43% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -47.31% | -33.92% | -13.39% |
Current DrawdownCurrent decline from peak | -4.37% | -1.80% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -12.33% | -10.71% | -1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.03% | +0.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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