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Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) Sharpe Ratio: 1.69

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets plus borrowings for investment purposes in equity securities of small capitalization companies. It seeks to invest in companies whose future prospects are misunderstood or not fully recognized by the market. The fund may invest in foreign (non-U.S.) securities.

HWVIX's Sharpe Ratio of 1.69 indicates that for each unit of volatility, it generates 1.69 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

HWVIX Sharpe Ratio Rank

HWVIX Sharpe Ratio Rank: 38.939
Below Average

HWVIX ranks above 38.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

HWVIX Sharpe Ratio Market Positioning

The chart shows HWVIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.29+
  • Median: 1.93 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Hotchkis & Wiley Small Cap Diversified Value Fund's Sharpe Ratio with other mutual funds in the Small Cap Value Equities category across multiple time periods, showing how HWVIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
TSLTXTransamerica Small Cap Value2.90
MMEYXVictory Integrity Discovery Fund2.89
VSCAXInvesco Small Cap Value Fund2.88
WSCVXWalthausen Small Cap Value Fund2.88
AVALXAegis Value Fund2.84
FESCXFirst Eagle Small Cap Opportunity Fund2.79
ICISXVY Columbia Small Cap Value II Portfolio2.66
GSITXGoldman Sachs Small Cap Value Insights Fund2.63
GTTTXGoldman Sachs Small Cap Value Insights Fund Investor Class2.62
QRSVXFPA Queens Road Small Cap Value Fund Investor Class2.60
HWVIXHotchkis & Wiley Small Cap Diversified Value Fund1.69

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HWVIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HWVIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does HWVIX fit in your portfolio?

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