BCSVX vs. HWTIX

Last updated Aug 1, 2026

BCSVX (Brown Capital Management International Small Company Fund) and HWTIX (Hotchkis & Wiley International Small Cap Diversified Value Fund) are both Foreign Small & Mid Cap Equities funds. Over the past 5 years, BCSVX returned -3.54%/yr vs 12.15%/yr for HWTIX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. BCSVX charges 1.31%/yr vs 0.99%/yr for HWTIX.

Performance

BCSVX vs. HWTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brown Capital Management International Small Company Fund (BCSVX) and Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCSVX achieves a -7.77% return, which is significantly lower than HWTIX's 16.77% return.

BCSVX

• 1D: 1.25%
• 1M: 4.45%
• 6M: -2.79%
• YTD: -7.77%
• 1Y: -18.25%
• 3Y*: 0.11%
• 5Y*: -3.54%
• 10Y*: 7.27%
• ALL TIME*: 7.81%

HWTIX

• 1D: 1.93%
• 1M: 5.83%
• 6M: 11.03%
• YTD: 16.77%
• 1Y: 27.96%
• 3Y*: 19.07%
• 5Y*: 12.15%
• 10Y*: —
• ALL TIME*: 18.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BCSVX Brown Capital Management International Small Company Fund	$0.00	$0.00	$0.00
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	$0.00	$0.00	$0.00

BCSVX vs. HWTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BCSVX Brown Capital Management International Small Company Fund	-7.77%	-2.30%	8.17%	20.04%	-31.56%	12.69%	33.93%
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	16.77%	30.96%	4.62%	20.79%	-8.67%	16.22%	34.26%

Correlation

The correlation between BCSVX and HWTIX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020	0.66

The correlation between BCSVX and HWTIX has been stable across timeframes, ranging from 0.66 to 0.72 - a consistent structural relationship.

Return for Risk

BCSVX vs. HWTIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BCSVX

BCSVX Risk / Return Rank: 0
BCSVX Sharpe Ratio Rank: 0
BCSVX Sortino Ratio Rank: 0
BCSVX Omega Ratio Rank: 0
BCSVX Calmar Ratio Rank: 1
BCSVX Martin Ratio Rank: 1

HWTIX

HWTIX Risk / Return Rank: 83
HWTIX Sharpe Ratio Rank: 88
HWTIX Sortino Ratio Rank: 86
HWTIX Omega Ratio Rank: 83
HWTIX Calmar Ratio Rank: 80
HWTIX Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BCSVX vs. HWTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brown Capital Management International Small Company Fund (BCSVX) and Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX). 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.

	BCSVX	HWTIX	Difference
Sharpe ratio: Return per unit of total volatility	-1.07	2.22	-3.29
Sortino ratio: Return per unit of downside risk	-1.47	3.10	-4.57
Omega ratio: Gain probability vs. loss probability	0.83	1.40	-0.57
Calmar ratio: Return relative to maximum drawdown	-0.61	2.64	-3.26
Martin ratio: Return relative to average drawdown	-1.04	9.57	-10.60

BCSVX vs. HWTIX - Sharpe Ratio Comparison

The current BCSVX Sharpe Ratio is -1.07, which is lower than the HWTIX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of BCSVX and HWTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCSVX vs. HWTIX - Drawdown Comparison

The maximum BCSVX drawdown since its inception was -43.93%, which is greater than HWTIX's maximum drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for BCSVX and HWTIX.

Drawdown Indicators

	BCSVX	HWTIX	Difference
Max Drawdown Largest peak-to-trough decline	-43.93%	-29.57%	-14.36%
Max Drawdown (1Y) Largest decline over 1 year	-31.16%	-10.75%	-20.41%
Max Drawdown (3Y) Largest decline over 3 years	-32.35%	-29.57%	-2.78%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-29.57%	-14.36%
Max Drawdown (10Y) Largest decline over 10 years	-43.93%	—	—
Current Drawdown Current decline from peak	-23.17%	0.00%	-23.17%
Average Drawdown Average peak-to-trough decline	-12.33%	-6.20%	-6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.38%	2.97%	+15.41%

Volatility

BCSVX vs. HWTIX - Volatility Comparison

Brown Capital Management International Small Company Fund (BCSVX) has a higher volatility of 6.07% compared to Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) at 3.31%. This indicates that BCSVX's price experiences larger fluctuations and is considered to be riskier than HWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCSVX	HWTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	3.31%	+2.76%
Volatility (6M) Calculated over the trailing 6-month period	15.08%	10.33%	+4.75%
Volatility (1Y) Calculated over the trailing 1-year period	17.86%	12.86%	+5.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.89%	22.90%	-4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.10%	21.78%	-4.68%

BCSVX vs. HWTIX - Expense Ratio Comparison

BCSVX has a 1.31% expense ratio, which is higher than HWTIX's 0.99% expense ratio.

Dividends

BCSVX vs. HWTIX - Dividend Comparison

BCSVX's dividend yield for the trailing twelve months is around 0.41%, less than HWTIX's 11.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BCSVX Brown Capital Management International Small Company Fund	0.41%	0.00%	0.00%	0.00%	0.00%	5.07%	0.74%	0.30%	0.31%
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	11.99%	4.68%	31.95%	6.64%	5.32%	22.94%	4.15%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCSVX and HWTIX in my portfolio?

BCSVX and HWTIX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCSVX or HWTIX?

BCSVX has higher volatility (6.07%) compared to HWTIX (3.31%). In terms of maximum drawdown, BCSVX dropped -43.93% vs HWTIX's -29.57%.

Which has better risk-adjusted returns?

HWTIX currently has the higher Sharpe Ratio (2.22 vs -1.07), 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.