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BUSA vs. HOVLX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BUSA vs. HOVLX

Last updated Jun 5, 2026

BUSA (Brandes U.S. Value ETF) and HOVLX (Homestead Funds Value Fund) are both Large Cap Value Equities funds. Over the past year, BUSA returned 24.37% vs 21.29% for HOVLX. Their correlation of 0.88 suggests significant overlap in exposure. BUSA charges 0.60%/yr vs 0.63%/yr for HOVLX.

Performance

BUSA vs. HOVLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes U.S. Value ETF (BUSA) and Homestead Funds Value Fund (HOVLX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with BUSA having a 8.42% return and HOVLX slightly lower at 8.24%.

BUSA

1D
1.39%
1M
2.61%
YTD
8.42%
6M
10.80%
1Y
24.37%
3Y*
—
5Y*
—
10Y*
—

HOVLX

1D
-0.04%
1M
2.13%
YTD
8.24%
6M
9.65%
1Y
21.29%
3Y*
16.61%
5Y*
9.52%
10Y*
12.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BUSA vs. HOVLX - Yearly Performance Comparison

2026 (YTD)202520242023
BUSA
Brandes U.S. Value ETF		8.42%17.56%15.76%10.65%
HOVLX
Homestead Funds Value Fund		8.24%14.60%14.29%12.42%

Correlation

The correlation between BUSA and HOVLX is 0.85, 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

0.85

Correlation (All Time)
Calculated using the full available price history since Oct 6, 2023

0.88

The correlation between BUSA and HOVLX has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Brandes U.S. Value ETF

Homestead Funds Value Fund

Often compared with BUSA:
BUSA vs. CGCVBUSA vs. SCHDBUSA vs. CGDVBUSA vs. VTIBUSA vs. SCHVBUSA vs. LGLVBUSA vs. schd
Often compared with HOVLX:
HOVLX vs. HSTIXHOVLX vs. PEYAXHOVLX vs. SCHVHOVLX vs. VTVHOVLX vs. DGROHOVLX vs. VOOHOVLX vs. FDVV

Return for Risk

BUSA vs. HOVLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BUSA
BUSA Risk / Return Rank: 6363
Overall Rank
BUSA Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
BUSA Sortino Ratio Rank: 6464
Sortino Ratio Rank
BUSA Omega Ratio Rank: 6161
Omega Ratio Rank
BUSA Calmar Ratio Rank: 6666
Calmar Ratio Rank
BUSA Martin Ratio Rank: 6262
Martin Ratio Rank
HOVLX
HOVLX Risk / Return Rank: 4646
Overall Rank
HOVLX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
HOVLX Sortino Ratio Rank: 4646
Sortino Ratio Rank
HOVLX Omega Ratio Rank: 4343
Omega Ratio Rank
HOVLX Calmar Ratio Rank: 4747
Calmar Ratio Rank
HOVLX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUSA vs. HOVLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes U.S. Value ETF (BUSA) and Homestead Funds Value Fund (HOVLX). 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.

BUSAHOVLXDifference
Sharpe ratioReturn per unit of total volatility
2.06
1.94

+0.12

Sortino ratioReturn per unit of downside risk
2.93
2.84

+0.09

Omega ratioGain probability vs. loss probability

1.36

1.35

+0.01

Calmar ratioReturn relative to maximum drawdown

3.22

2.60

+0.62

Martin ratioReturn relative to average drawdown

10.94

10.45

+0.49

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BUSA vs. HOVLX - Sharpe Ratio Comparison

The current BUSA Sharpe Ratio is 2.06, which is comparable to the HOVLX Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of BUSA and HOVLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BUSAHOVLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.06

1.94

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.63

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.68

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.49

0.61

+0.88

Drawdowns

BUSA vs. HOVLX - Drawdown Comparison

The maximum BUSA drawdown since its inception was -14.19%, smaller than the maximum HOVLX drawdown of -57.90%. Use the drawdown chart below to compare losses from any high point for BUSA and HOVLX.

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Drawdown Indicators

BUSAHOVLXDifference

Max Drawdown

Largest peak-to-trough decline

-14.19%

-57.90%

+43.71%

Max Drawdown (1Y)

Largest decline over 1 year

-7.61%

-8.24%

+0.63%

Max Drawdown (3Y)

Largest decline over 3 years

—

-15.81%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.32%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.08%

—

Current Drawdown

Current decline from peak

0.00%

-0.04%

+0.04%

Average Drawdown

Average peak-to-trough decline

-2.15%

-6.82%

+4.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

2.05%

+0.18%

Volatility

BUSA vs. HOVLX - Volatility Comparison

Brandes U.S. Value ETF (BUSA) has a higher volatility of 2.79% compared to Homestead Funds Value Fund (HOVLX) at 2.62%. This indicates that BUSA's price experiences larger fluctuations and is considered to be riskier than HOVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BUSAHOVLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.79%

2.62%

+0.17%

Volatility (6M)

Calculated over the trailing 6-month period

8.53%

8.41%

+0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

11.88%

11.06%

+0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.66%

15.09%

-1.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.66%

17.90%

-4.24%

BUSA vs. HOVLX - Expense Ratio Comparison

BUSA has a 0.60% expense ratio, which is lower than HOVLX's 0.63% expense ratio.

Dividends

BUSA vs. HOVLX - Dividend Comparison

BUSA's dividend yield for the trailing twelve months is around 1.46%, less than HOVLX's 9.81% yield.

PositionTTM20252024202320222021202020192018201720162015
BUSA
Brandes U.S. Value ETF		1.46%1.53%1.37%0.22%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HOVLX
Homestead Funds Value Fund		9.81%10.62%9.71%5.75%10.54%8.65%16.55%15.30%11.01%5.34%10.00%7.22%

Frequently Asked Questions

BUSA and HOVLX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BUSA has higher volatility (2.79%) compared to HOVLX (2.62%). In terms of maximum drawdown, BUSA dropped -14.19% vs HOVLX's -57.90%.

BUSA currently has the higher Sharpe Ratio (2.06 vs 1.94), 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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