DASCX vs. HWSIX

Last updated Aug 1, 2026

DASCX (Dean Small Cap Value Fund) and HWSIX (Hotchkis & Wiley Small Cap Value Fund) are both Small Cap Value Equities funds. Over the past 10 years, DASCX returned 8.60%/yr vs 11.37%/yr for HWSIX. Their correlation of 0.91 means they have usually moved in the same direction. DASCX charges 1.13%/yr vs 1.06%/yr for HWSIX.

Performance

DASCX vs. HWSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dean Small Cap Value Fund (DASCX) and Hotchkis & Wiley Small Cap Value Fund (HWSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DASCX achieves a 23.05% return, which is significantly lower than HWSIX's 26.00% return. Over the past 10 years, DASCX has underperformed HWSIX with an annualized return of 8.60%, while HWSIX has yielded a comparatively higher 11.37% annualized return.

DASCX

• 1D: -0.80%
• 1M: 0.64%
• 6M: 12.03%
• YTD: 23.05%
• 1Y: 36.75%
• 3Y*: 10.22%
• 5Y*: 8.39%
• 10Y*: 8.60%
• ALL TIME*: 8.76%

HWSIX

• 1D: -0.22%
• 1M: 6.93%
• 6M: 18.21%
• YTD: 26.00%
• 1Y: 32.64%
• 3Y*: 12.17%
• 5Y*: 12.32%
• 10Y*: 11.37%
• ALL TIME*: 9.84%

*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)
DASCX Dean Small Cap Value Fund	$0.00	$0.00	$0.00
HWSIX Hotchkis & Wiley Small Cap Value Fund	$0.00	$0.00	$0.00

DASCX vs. HWSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DASCX Dean Small Cap Value Fund	23.05%	5.00%	3.71%	2.76%	1.76%	31.48%	-1.73%	20.98%	-13.07%	3.72%
HWSIX Hotchkis & Wiley Small Cap Value Fund	26.00%	1.60%	5.00%	18.85%	2.97%	35.54%	-0.31%	20.54%	-15.03%	7.66%

Correlation

The correlation between DASCX and HWSIX is 0.79, 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.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.85
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.91

The correlation between DASCX and HWSIX shifts across timeframes, from 0.79 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DASCX vs. HWSIX — Risk / Return Rank

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

DASCX

DASCX Risk / Return Rank: 75
DASCX Sharpe Ratio Rank: 77
DASCX Sortino Ratio Rank: 79
DASCX Omega Ratio Rank: 73
DASCX Calmar Ratio Rank: 76
DASCX Martin Ratio Rank: 67

HWSIX

HWSIX Risk / Return Rank: 77
HWSIX Sharpe Ratio Rank: 75
HWSIX Sortino Ratio Rank: 73
HWSIX Omega Ratio Rank: 72
HWSIX Calmar Ratio Rank: 84
HWSIX Martin Ratio Rank: 80

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.

DASCX vs. HWSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dean Small Cap Value Fund (DASCX) and Hotchkis & Wiley Small Cap Value Fund (HWSIX). 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.

	DASCX	HWSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.76	+0.07
Sortino ratio: Return per unit of downside risk	2.74	2.50	+0.24
Omega ratio: Gain probability vs. loss probability	1.33	1.32	+0.01
Calmar ratio: Return relative to maximum drawdown	2.48	2.90	-0.43
Martin ratio: Return relative to average drawdown	8.45	9.79	-1.34

DASCX vs. HWSIX - Sharpe Ratio Comparison

The current DASCX Sharpe Ratio is 1.83, which is comparable to the HWSIX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of DASCX and HWSIX, 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

DASCX vs. HWSIX - Drawdown Comparison

The maximum DASCX drawdown since its inception was -58.74%, smaller than the maximum HWSIX drawdown of -72.00%. Use the drawdown chart below to compare losses from any high point for DASCX and HWSIX.

Drawdown Indicators

	DASCX	HWSIX	Difference
Max Drawdown Largest peak-to-trough decline	-58.74%	-72.00%	+13.26%
Max Drawdown (1Y) Largest decline over 1 year	-13.11%	-10.01%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-24.79%	-26.92%	+2.13%
Max Drawdown (5Y) Largest decline over 5 years	-24.79%	-26.92%	+2.13%
Max Drawdown (10Y) Largest decline over 10 years	-46.28%	-53.67%	+7.39%
Current Drawdown Current decline from peak	-1.38%	-0.22%	-1.16%
Average Drawdown Average peak-to-trough decline	-7.36%	-12.03%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.85%	2.96%	+0.89%

Volatility

DASCX vs. HWSIX - Volatility Comparison

Dean Small Cap Value Fund (DASCX) has a higher volatility of 4.00% compared to Hotchkis & Wiley Small Cap Value Fund (HWSIX) at 2.86%. This indicates that DASCX's price experiences larger fluctuations and is considered to be riskier than HWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DASCX	HWSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	2.86%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	10.45%	+1.36%
Volatility (1Y) Calculated over the trailing 1-year period	17.82%	16.58%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	21.22%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.75%	24.51%	-3.76%

DASCX vs. HWSIX - Expense Ratio Comparison

DASCX has a 1.13% expense ratio, which is higher than HWSIX's 1.06% expense ratio.

Dividends

DASCX vs. HWSIX - Dividend Comparison

DASCX's dividend yield for the trailing twelve months is around 1.62%, more than HWSIX's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DASCX Dean Small Cap Value Fund	1.62%	1.99%	3.82%	1.75%	1.28%	0.98%	1.61%	4.03%	3.22%	18.27%	3.96%	6.68%
HWSIX Hotchkis & Wiley Small Cap Value Fund	0.80%	1.01%	8.35%	1.90%	13.44%	0.36%	0.80%	4.89%	9.84%	5.07%	0.41%	11.78%

Frequently Asked Questions

Can I hold both DASCX and HWSIX in my portfolio?

DASCX and HWSIX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DASCX or HWSIX?

DASCX has higher volatility (4.00%) compared to HWSIX (2.86%). In terms of maximum drawdown, DASCX dropped -58.74% vs HWSIX's -72.00%.

Which has better risk-adjusted returns?

DASCX currently has the higher Sharpe Ratio (1.83 vs 1.76), 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.