AVFIX vs. HWSAX
AVFIX (American Beacon Small Cap Value Fund) and HWSAX (Hotchkis & Wiley Small Cap Value Fund Class A) are both Small Cap Value Equities funds. Over the past 10 years, AVFIX returned 10.96%/yr vs 10.96%/yr for HWSAX. With a 0.96 correlation, they move nearly in lockstep. AVFIX charges 0.81%/yr vs 1.21%/yr for HWSAX.
Performance
AVFIX vs. HWSAX - Performance Comparison
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Returns By Period
In the year-to-date period, AVFIX achieves a 24.11% return, which is significantly higher than HWSAX's 15.51% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: AVFIX at 10.96% and HWSAX at 10.96%.
AVFIX
- 1D
- -0.58%
- 1M
- 4.27%
- YTD
- 24.11%
- 6M
- 21.62%
- 1Y
- 37.75%
- 3Y*
- 17.09%
- 5Y*
- 9.22%
- 10Y*
- 10.96%
HWSAX
- 1D
- 0.36%
- 1M
- 1.07%
- YTD
- 15.51%
- 6M
- 13.80%
- 1Y
- 21.74%
- 3Y*
- 12.55%
- 5Y*
- 9.26%
- 10Y*
- 10.96%
AVFIX vs. HWSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVFIX American Beacon Small Cap Value Fund | 24.11% | 4.91% | 7.48% | 16.76% | -8.03% | 28.32% | 4.05% | 23.52% | -15.78% | 8.74% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 15.51% | 1.38% | 4.77% | 18.56% | 2.81% | 35.32% | -0.50% | 20.26% | -15.23% | 7.39% |
Correlation
The correlation between AVFIX and HWSAX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2000 | 0.96 |
The correlation between AVFIX and HWSAX has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.
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Return for Risk
AVFIX vs. HWSAX — Risk / Return Rank
AVFIX
HWSAX
AVFIX vs. HWSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon Small Cap Value Fund (AVFIX) 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.
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.
| AVFIX | HWSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.24 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 2.30 | +1.99 |
| Martin ratioReturn relative to average drawdown | 13.18 | 7.51 | +5.67 |
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Drawdowns
AVFIX vs. HWSAX - Drawdown Comparison
The maximum AVFIX drawdown since its inception was -61.40%, smaller than the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for AVFIX and HWSAX.
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Drawdown Indicators
| AVFIX | HWSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.40% | -72.14% | +10.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -10.06% | +0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -28.94% | -26.98% | -1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -28.94% | -26.98% | -1.96% |
Max Drawdown (10Y)Largest decline over 10 years | -49.78% | -53.82% | +4.04% |
Current DrawdownCurrent decline from peak | -1.16% | -2.43% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -10.94% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 3.07% | -0.09% |
Volatility
AVFIX vs. HWSAX - Volatility Comparison
American Beacon Small Cap Value Fund (AVFIX) has a higher volatility of 5.37% compared to Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) at 3.91%. This indicates that AVFIX'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.
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Volatility by Period
| AVFIX | HWSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 3.91% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 12.79% | 11.15% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.77% | 17.15% | +1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.46% | 21.48% | +0.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.51% | 24.57% | -0.06% |
AVFIX vs. HWSAX - Expense Ratio Comparison
AVFIX has a 0.81% expense ratio, which is lower than HWSAX's 1.21% expense ratio.
Dividends
AVFIX vs. HWSAX - Dividend Comparison
AVFIX's dividend yield for the trailing twelve months is around 8.62%, more than HWSAX's 0.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVFIX American Beacon Small Cap Value Fund | 8.62% | 10.70% | 8.67% | 4.91% | 17.72% | 11.86% | 0.88% | 1.84% | 15.05% | 9.66% | 3.04% | 6.00% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 0.60% | 0.69% | 8.19% | 1.79% | 13.39% | 0.22% | 0.63% | 4.62% | 9.45% | 4.80% | 0.00% | 11.67% |
Frequently Asked Questions
AVFIX and HWSAX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVFIX has higher volatility (5.37%) compared to HWSAX (3.91%). In terms of maximum drawdown, AVFIX dropped -61.40% vs HWSAX's -72.14%.
AVFIX currently has the higher Sharpe Ratio (2.10 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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