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ISIN
US44134R8007
Inception Date
Jan 2, 1997
Min. Investment
$250,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Value

Share Price Chart


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Performance

HWMIX Performance Chart

Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) is up 11.1% since the beginning of the year. HWMIX is currently trading at $65 per share. Investors who bought $1,000 worth of HWMIX shares 5 years ago would now be looking at an investment worth $1,657.


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S&P 500 Index

Returns By Period

Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) has returned 11.12% so far this year and 24.41% over the past 12 months. Over the last ten years, HWMIX has returned 9.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Hotchkis & Wiley Mid-Cap Value Fund

1D
-0.52%
1M
-1.86%
YTD
11.12%
6M
10.01%
1Y
24.41%
3Y*
12.98%
5Y*
10.63%
10Y*
9.59%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HWMIX Monthly Returns History

Based on dividend-adjusted daily data since Dec 31, 1996, HWMIX's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, an investment would double in approximately 5.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +23.6%, while the worst month was Mar 2020 at -35.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 10 months.

On a daily basis, HWMIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +14.0%, while the worst single day was Mar 9, 2020 at -15.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.94%3.72%-1.94%6.57%-0.21%-2.10%11.12%
20252.02%-2.86%-4.78%-7.42%5.93%5.67%0.97%5.52%1.12%-1.61%2.41%1.61%7.87%
2024-3.29%1.02%7.38%-5.81%4.14%-2.71%8.85%-1.44%-1.17%-1.95%5.84%-5.94%3.62%
202310.27%-3.52%-4.35%-0.90%-5.43%8.59%9.77%-1.18%-2.35%-5.39%6.58%8.35%19.87%
20223.48%2.16%3.78%-7.33%5.42%-14.20%8.13%-0.93%-12.04%16.55%5.95%-5.02%1.63%
20213.66%14.16%6.24%1.60%4.62%-1.93%-4.40%2.77%-0.89%5.08%-2.62%6.57%39.18%

Benchmark Metrics

Hotchkis & Wiley Mid-Cap Value Fund has an annualized alpha of 3.53%, beta of 1.01, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since December 31, 1996.

  • This fund captured 118.84% of S&P 500 Index gains and 104.83% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 3.53% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.01 and R2 of 0.70, 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
3.53%
Beta
1.01
0.70
Upside Capture
118.84%
Downside Capture
104.83%

Expense Ratio

HWMIX has a high expense ratio of 1.01%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HWMIX ranks 44 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.


HWMIX Risk / Return Rank: 4444
Overall Rank
HWMIX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
HWMIX Sortino Ratio Rank: 3232
Sortino Ratio Rank
HWMIX Omega Ratio Rank: 3030
Omega Ratio Rank
HWMIX Calmar Ratio Rank: 7979
Calmar Ratio Rank
HWMIX Martin Ratio Rank: 4848
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) 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.


HWMIXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.54

Sortino ratioReturn per unit of downside risk

-0.58

Omega ratioGain probability vs. loss probability

1.27

1.37

-0.10

Calmar ratioReturn relative to maximum drawdown

3.40

2.78

+0.62

Martin ratioReturn relative to average drawdown

9.43

12.44

-3.00

Dividends

Dividend History

Hotchkis & Wiley Mid-Cap Value Fund provided a 1.25% dividend yield over the last twelve months, with an annual payout of $0.81 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%5.00%10.00%15.00%$0.00$1.00$2.00$3.00$4.00$5.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.81$0.81$0.63$0.15$0.22$0.57$0.72$0.52$0.88$2.52$0.57$4.59

Dividend yield

1.25%1.39%1.15%0.28%0.49%1.28%2.25%1.60%2.99%6.72%1.53%14.67%

Monthly Dividends

The table displays the monthly dividend distributions for Hotchkis & Wiley Mid-Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.81$0.81
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.63$0.63
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.57$0.57

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 Mid-Cap 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 Mid-Cap Value Fund was 69.84%, occurring on Mar 5, 2009. Recovery took 763 trading sessions.

The current Hotchkis & Wiley Mid-Cap Value Fund drawdown is 4.48%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-69.84%Mar 2009
1y 9mo3y 10d
4y 9moJun 2007 - Mar 2012
COVID crash2020
-63.21%Mar 2020
1y 6mo11mo 8d
2y 5moSep 2018 - Feb 2021
Dot-com crash2000–2002
-32.86%Oct 2002
4mo 22d7mo 28d
1y 15dMay 2002 - Jun 2003
2016 bear market2016
-31.07%Feb 2016
8mo 28d9mo 29d
1y 6moMay 2015 - Dec 2016
1998 bear market1998
-30.06%Oct 1998
5mo 20d7mo 7d
1y 22dApr 1998 - May 1999

Drawdown Indicators


HWMIXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-69.84%

-56.78%

-13.06%

Max Drawdown (1Y)

Largest decline over 1 year

-7.16%

-9.10%

+1.94%

Max Drawdown (3Y)

Largest decline over 3 years

-25.90%

-18.90%

-7.00%

Max Drawdown (5Y)

Largest decline over 5 years

-25.90%

-25.43%

-0.47%

Max Drawdown (10Y)

Largest decline over 10 years

-63.21%

-33.92%

-29.29%

Current Drawdown

Current decline from peak

-4.48%

-1.80%

-2.68%

Average Drawdown

Average peak-to-trough decline

-10.82%

-10.71%

-0.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

2.03%

+0.55%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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