ABYSX vs. HWSAX
Compare and contrast key facts about AB Discovery Value Fund (ABYSX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX).
ABYSX is managed by AllianceBernstein. It was launched on Mar 29, 2001. HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000.
Performance
ABYSX vs. HWSAX - Performance Comparison
Loading graphics...
ABYSX vs. HWSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABYSX AB Discovery Value Fund | 3.30% | 2.84% | 9.84% | 17.04% | -16.10% | 35.67% | 3.34% | 20.10% | -15.10% | 12.88% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 9.00% | 1.38% | 4.77% | 18.56% | 2.81% | 35.32% | -0.50% | 20.26% | -15.23% | 7.39% |
Returns By Period
In the year-to-date period, ABYSX achieves a 3.30% return, which is significantly lower than HWSAX's 9.00% return. Over the past 10 years, ABYSX has underperformed HWSAX with an annualized return of 8.29%, while HWSAX has yielded a comparatively higher 9.96% annualized return.
ABYSX
- 1D
- 2.42%
- 1M
- -6.57%
- YTD
- 3.30%
- 6M
- 3.97%
- 1Y
- 12.29%
- 3Y*
- 10.16%
- 5Y*
- 4.87%
- 10Y*
- 8.29%
HWSAX
- 1D
- 1.75%
- 1M
- 0.95%
- YTD
- 9.00%
- 6M
- 7.38%
- 1Y
- 18.60%
- 3Y*
- 10.15%
- 5Y*
- 9.03%
- 10Y*
- 9.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ABYSX vs. HWSAX - Expense Ratio Comparison
ABYSX has a 0.83% expense ratio, which is lower than HWSAX's 1.21% expense ratio.
Return for Risk
ABYSX vs. HWSAX — Risk / Return Rank
ABYSX
HWSAX
ABYSX vs. HWSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Discovery Value Fund (ABYSX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ABYSX | HWSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 0.78 | -0.18 |
Sortino ratioReturn per unit of downside risk | 0.99 | 1.22 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.17 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.17 | -0.29 |
Martin ratioReturn relative to average drawdown | 3.16 | 4.34 | -1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ABYSX | HWSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.78 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.42 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.41 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.47 | -0.05 |
Correlation
The correlation between ABYSX and HWSAX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ABYSX vs. HWSAX - Dividend Comparison
ABYSX's dividend yield for the trailing twelve months is around 5.81%, more than HWSAX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABYSX AB Discovery Value Fund | 5.81% | 6.00% | 14.12% | 6.27% | 7.61% | 9.48% | 0.77% | 4.15% | 12.31% | 6.54% | 3.67% | 6.50% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 0.64% | 0.69% | 8.19% | 1.79% | 13.39% | 0.22% | 0.63% | 4.62% | 9.45% | 4.80% | 0.00% | 11.67% |
Drawdowns
ABYSX vs. HWSAX - Drawdown Comparison
The maximum ABYSX drawdown since its inception was -60.01%, smaller than the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for ABYSX and HWSAX.
Loading graphics...
Drawdown Indicators
| ABYSX | HWSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.01% | -72.14% | +12.13% |
Max Drawdown (1Y)Largest decline over 1 year | -14.93% | -16.44% | +1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -26.98% | +2.17% |
Max Drawdown (10Y)Largest decline over 10 years | -48.86% | -53.82% | +4.96% |
Current DrawdownCurrent decline from peak | -7.93% | -1.09% | -6.84% |
Average DrawdownAverage peak-to-trough decline | -8.75% | -11.03% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 4.43% | -0.28% |
Volatility
ABYSX vs. HWSAX - Volatility Comparison
AB Discovery Value Fund (ABYSX) has a higher volatility of 5.84% compared to Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) at 4.45%. This indicates that ABYSX's price experiences larger fluctuations and is considered to be riskier than HWSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ABYSX | HWSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.84% | 4.45% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 11.78% | 12.99% | -1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.54% | 23.99% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.00% | 21.71% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.87% | 24.65% | -1.78% |