BNIVX vs. TSWEX

Last updated Aug 1, 2026

BNIVX (Barrow Hanley International Value Fund) and TSWEX (TSW Large Cap Value Fund) are both mutual funds - BNIVX is a Foreign Large Cap Equities fund managed by Perpetual, while TSWEX is a Large Cap Value Equities fund managed by Perpetual. Over the past year, BNIVX returned 29.36% vs 7.50% for TSWEX. Their 0.24 correlation means their historical movements had little consistent relationship. BNIVX charges 0.92%/yr vs 0.75%/yr for TSWEX.

Performance

BNIVX vs. TSWEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Barrow Hanley International Value Fund (BNIVX) and TSW Large Cap Value Fund (TSWEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BNIVX achieves a 20.34% return, which is significantly higher than TSWEX's 13.25% return.

BNIVX

• 1D: 2.91%
• 1M: -0.13%
• 6M: 11.49%
• YTD: 20.34%
• 1Y: 29.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.34%

TSWEX

• 1D: -0.54%
• 1M: 3.18%
• 6M: 9.14%
• YTD: 13.25%
• 1Y: 7.50%
• 3Y*: 9.98%
• 5Y*: 8.22%
• 10Y*: 10.01%
• ALL TIME*: 8.08%

*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)
BNIVX Barrow Hanley International Value Fund	$0.00	$0.00	$0.00
TSWEX TSW Large Cap Value Fund	$0.00	$0.00	$0.00

BNIVX vs. TSWEX - Yearly Performance Comparison

	2026 (YTD)	2025
BNIVX Barrow Hanley International Value Fund	20.34%	16.97%
TSWEX TSW Large Cap Value Fund	13.25%	-2.90%

Correlation

The correlation between BNIVX and TSWEX is 0.19, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.19
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.24

Return for Risk

BNIVX vs. TSWEX — Risk / Return Rank

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

BNIVX

BNIVX Risk / Return Rank: 79
BNIVX Sharpe Ratio Rank: 79
BNIVX Sortino Ratio Rank: 73
BNIVX Omega Ratio Rank: 75
BNIVX Calmar Ratio Rank: 88
BNIVX Martin Ratio Rank: 83

TSWEX

TSWEX Risk / Return Rank: 9
TSWEX Sharpe Ratio Rank: 9
TSWEX Sortino Ratio Rank: 8
TSWEX Omega Ratio Rank: 13
TSWEX Calmar Ratio Rank: 9
TSWEX Martin Ratio Rank: 7

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.

BNIVX vs. TSWEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Barrow Hanley International Value Fund (BNIVX) and TSW Large Cap Value Fund (TSWEX). 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.

	BNIVX	TSWEX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	0.33	+1.57
Sortino ratio: Return per unit of downside risk	2.56	0.48	+2.09
Omega ratio: Gain probability vs. loss probability	1.34	1.10	+0.24
Calmar ratio: Return relative to maximum drawdown	3.21	0.42	+2.80
Martin ratio: Return relative to average drawdown	10.61	0.77	+9.84

BNIVX vs. TSWEX - Sharpe Ratio Comparison

The current BNIVX Sharpe Ratio is 1.91, which is higher than the TSWEX Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of BNIVX and TSWEX, 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

BNIVX vs. TSWEX - Drawdown Comparison

The maximum BNIVX drawdown since its inception was -10.94%, smaller than the maximum TSWEX drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for BNIVX and TSWEX.

Drawdown Indicators

	BNIVX	TSWEX	Difference
Max Drawdown Largest peak-to-trough decline	-10.94%	-53.14%	+42.20%
Max Drawdown (1Y) Largest decline over 1 year	-10.94%	-14.35%	+3.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	-2.37%	-2.55%	+0.18%
Average Drawdown Average peak-to-trough decline	-1.88%	-7.36%	+5.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.07%	7.45%	-4.38%

Volatility

BNIVX vs. TSWEX - Volatility Comparison

Barrow Hanley International Value Fund (BNIVX) has a higher volatility of 5.05% compared to TSW Large Cap Value Fund (TSWEX) at 4.01%. This indicates that BNIVX's price experiences larger fluctuations and is considered to be riskier than TSWEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNIVX	TSWEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.05%	4.01%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	7.84%	+6.38%
Volatility (1Y) Calculated over the trailing 1-year period	18.50%	17.95%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	14.87%	+2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.37%	16.29%	+1.08%

BNIVX vs. TSWEX - Expense Ratio Comparison

BNIVX has a 0.92% expense ratio, which is higher than TSWEX's 0.75% expense ratio.

Dividends

BNIVX vs. TSWEX - Dividend Comparison

BNIVX has not paid dividends to shareholders, while TSWEX's dividend yield for the trailing twelve months is around 1.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNIVX Barrow Hanley International Value Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TSWEX TSW Large Cap Value Fund	1.45%	1.05%	8.86%	8.12%	12.42%	13.07%	5.12%	4.40%	16.09%	8.52%	11.06%	6.91%

Frequently Asked Questions

Can I hold both BNIVX and TSWEX in my portfolio?

BNIVX and TSWEX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BNIVX or TSWEX?

BNIVX has higher volatility (5.05%) compared to TSWEX (4.01%). In terms of maximum drawdown, BNIVX dropped -10.94% vs TSWEX's -53.14%.

Which has better risk-adjusted returns?

BNIVX currently has the higher Sharpe Ratio (1.91 vs 0.33), 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.