CWSIX vs. HRSCX

Last updated Jun 4, 2026

CWSIX (Chartwell Small Cap Value Fund) and HRSCX (Carillon Eagle Small Cap Growth Fund) are both mutual funds - CWSIX is a Small Cap Value Equities fund managed by Carillon Family of Funds, while HRSCX is a Small Cap Growth Equities fund managed by Carillon Family of Funds. Over the past 10 years, CWSIX returned 8.29%/yr vs 9.37%/yr for HRSCX. Their correlation of 0.81 suggests significant overlap in exposure. CWSIX charges 1.05%/yr vs 1.06%/yr for HRSCX.

Performance

CWSIX vs. HRSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chartwell Small Cap Value Fund (CWSIX) and Carillon Eagle Small Cap Growth Fund (HRSCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CWSIX achieves a 18.18% return, which is significantly lower than HRSCX's 19.23% return. Over the past 10 years, CWSIX has underperformed HRSCX with an annualized return of 8.29%, while HRSCX has yielded a comparatively higher 9.37% annualized return.

CWSIX

• 1D: 1.18%
• 1M: 4.30%
• YTD: 18.18%
• 6M: 18.13%
• 1Y: 31.23%
• 3Y*: 13.56%
• 5Y*: 6.00%
• 10Y*: 8.29%

HRSCX

• 1D: 1.05%
• 1M: 5.42%
• YTD: 19.23%
• 6M: 18.07%
• 1Y: 37.14%
• 3Y*: 17.57%
• 5Y*: 4.60%
• 10Y*: 9.37%

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

CWSIX vs. HRSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CWSIX Chartwell Small Cap Value Fund	18.18%	-0.50%	11.09%	12.36%	-9.72%	24.32%	-5.58%	24.58%	-12.73%	8.68%
HRSCX Carillon Eagle Small Cap Growth Fund	19.23%	11.26%	12.85%	14.06%	-27.67%	0.80%	37.26%	25.40%	-10.92%	22.88%

Correlation

The correlation between CWSIX and HRSCX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 19, 2012	0.81

The correlation between CWSIX and HRSCX has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

Return for Risk

CWSIX vs. HRSCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CWSIX

CWSIX Risk / Return Rank: 39
CWSIX Sharpe Ratio Rank: 36
CWSIX Sortino Ratio Rank: 38
CWSIX Omega Ratio Rank: 33
CWSIX Calmar Ratio Rank: 51
CWSIX Martin Ratio Rank: 40

HRSCX

HRSCX Risk / Return Rank: 55
HRSCX Sharpe Ratio Rank: 47
HRSCX Sortino Ratio Rank: 44
HRSCX Omega Ratio Rank: 40
HRSCX Calmar Ratio Rank: 71
HRSCX Martin Ratio Rank: 71

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.

CWSIX vs. HRSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chartwell Small Cap Value Fund (CWSIX) and Carillon Eagle Small Cap Growth Fund (HRSCX). 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.

	CWSIX	HRSCX	Difference
Sharpe ratio: Return per unit of total volatility	1.73	2.02	-0.29
Sortino ratio: Return per unit of downside risk	2.58	2.79	-0.20
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.72	3.28	-0.56
Martin ratio: Return relative to average drawdown	8.58	13.59	-5.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CWSIX vs. HRSCX - Sharpe Ratio Comparison

The current CWSIX Sharpe Ratio is 1.73, which is comparable to the HRSCX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of CWSIX and HRSCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CWSIX	HRSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	2.02	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.20	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.39	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.42	+0.01

Drawdowns

CWSIX vs. HRSCX - Drawdown Comparison

The maximum CWSIX drawdown since its inception was -44.08%, smaller than the maximum HRSCX drawdown of -55.68%. Use the drawdown chart below to compare losses from any high point for CWSIX and HRSCX.

Drawdown Indicators

	CWSIX	HRSCX	Difference
Max Drawdown Largest peak-to-trough decline	-44.08%	-55.68%	+11.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.47%	-12.15%	-0.32%
Max Drawdown (3Y) Largest decline over 3 years	-29.09%	-28.37%	-0.72%
Max Drawdown (5Y) Largest decline over 5 years	-29.09%	-38.22%	+9.13%
Max Drawdown (10Y) Largest decline over 10 years	-44.08%	-38.32%	-5.76%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.79%	-11.50%	+4.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.95%	2.93%	+1.02%

Volatility

CWSIX vs. HRSCX - Volatility Comparison

The current volatility for Chartwell Small Cap Value Fund (CWSIX) is 5.12%, while Carillon Eagle Small Cap Growth Fund (HRSCX) has a volatility of 5.90%. This indicates that CWSIX experiences smaller price fluctuations and is considered to be less risky than HRSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CWSIX	HRSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	5.90%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	13.44%	15.38%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	19.62%	19.75%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.53%	23.61%	-3.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.72%	23.98%	-1.26%

CWSIX vs. HRSCX - Expense Ratio Comparison

CWSIX has a 1.05% expense ratio, which is lower than HRSCX's 1.06% expense ratio.

Dividends

CWSIX vs. HRSCX - Dividend Comparison

CWSIX's dividend yield for the trailing twelve months is around 18.89%, more than HRSCX's 7.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWSIX Chartwell Small Cap Value Fund	18.89%	22.32%	41.77%	3.44%	1.20%	10.61%	0.74%	4.17%	8.19%	4.28%	0.47%	0.80%
HRSCX Carillon Eagle Small Cap Growth Fund	7.06%	8.42%	22.56%	9.37%	38.95%	40.00%	18.51%	6.62%	26.17%	8.10%	0.06%	7.03%

Frequently Asked Questions

Can I hold both CWSIX and HRSCX in my portfolio?

CWSIX and HRSCX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CWSIX or HRSCX?

HRSCX has higher volatility (5.90%) compared to CWSIX (5.12%). In terms of maximum drawdown, CWSIX dropped -44.08% vs HRSCX's -55.68%.

Which has better risk-adjusted returns?

HRSCX currently has the higher Sharpe Ratio (2.02 vs 1.73), 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.