- Issuer
- Hotchkis & Wiley
- Inception Date
- Mar 28, 2025
- Region
- North America (U.S.)
- Category
- Mid Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Highlights
- Avg. Volume (1M)
- 12
- Avg. Volume Value (1M)
- $384.46
Share Price Chart
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Performance
HWSM Performance Chart
Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) is up 15.7% since the beginning of the year. HWSM is currently trading at $31 per share.
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Returns By Period
Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) has returned 15.69% so far this year and 27.36% over the past 12 months.
Hotchkis & Wiley SMID Cap Diversified Value ETF
- 1D
- -0.47%
- 1M
- 2.00%
- 6M
- 11.35%
- YTD
- 15.69%
- 1Y
- 27.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 22.20%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
HWSM Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2025, HWSM's average daily return is +0.09%, while the average monthly return is +1.64%. At this rate, an investment would double in approximately 3.6 years.
Historically, 76% of months were positive and 24% were negative. The best month was Apr 2026 with a return of +6.2%, while the worst month was Apr 2025 at -6.6%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HWSM closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.8%, while the worst single day was Apr 3, 2025 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.90% | 2.14% | -5.10% | 6.24% | 1.69% | 3.53% | 2.70% | 15.69% | |||||
| 2025 | 1.24% | -6.57% | 4.57% | 3.92% | 1.72% | 6.04% | -0.53% | -1.50% | 2.51% | 1.40% | 12.92% |
Benchmark Metrics
Hotchkis & Wiley SMID Cap Diversified Value ETF has an annualized alpha of 0.63%, beta of 0.91, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since March 31, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (73.91%) than losses (31.19%) - typical of diversified or defensive assets.
- With beta of 0.91 and R2 of 0.62, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.63%
- Beta
- 0.91
- R²
- 0.62
- Upside Capture
- 73.91%
- Downside Capture
- 31.19%
Expense Ratio
HWSM has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HWSM ranks 71 for risk / return — above 71% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) 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.
| HWSM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.00 | +0.45 |
| Martin ratioReturn relative to average drawdown | 8.43 | 8.49 | -0.06 |
Dividends
Dividend History
Hotchkis & Wiley SMID Cap Diversified Value ETF provided a 1.15% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.36 | $0.36 |
Dividend yield | 1.15% | 1.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Hotchkis & Wiley SMID Cap Diversified Value ETF. 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 | $0.00 | |||||
| 2025 | $0.36 | $0.36 |
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 SMID Cap Diversified Value ETF. 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 SMID Cap Diversified Value ETF was 15.67%, occurring on Apr 8, 2025. Recovery took 55 trading sessions.
The current Hotchkis & Wiley SMID Cap Diversified Value ETF drawdown is 1.83%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-15.67%Apr 2025 | 5d | 2mo 20d | 2mo 25dApr 2025 - Jun 2025 | 2025 selloff2025 |
-10.23%Mar 2026 | 25d | 2mo 7d | 3mo 2dFeb 2026 - May 2026 | — |
-6.82%Nov 2025 | 2mo 9d | 20d | 2mo 29dSep 2025 - Dec 2025 | — |
-4.61%Aug 2025 | 8d | 12d | 20dJul 2025 - Aug 2025 | — |
-3.07%Jul 2025 | 4d | 8d | 12dJul 2025 - Jul 2025 | — |
Drawdown Indicators
| HWSM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.67% | -56.78% | +41.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -9.10% | -1.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.83% | -1.58% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -2.51% | -10.70% | +8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.97% | 2.14% | +0.83% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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