FIMVX vs. HWMIX
Compare and contrast key facts about Fidelity Mid Cap Value Index Fund (FIMVX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX).
FIMVX is managed by Fidelity. It was launched on Jul 11, 2019. HWMIX is managed by Hotchkis & Wiley. It was launched on Jan 2, 1997.
Performance
FIMVX vs. HWMIX - Performance Comparison
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FIMVX vs. HWMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 3.68% | 11.01% | 13.02% | 12.75% | -12.08% | 28.21% | 4.74% | 7.42% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 6.74% | 7.87% | 3.62% | 19.87% | 1.63% | 39.18% | 0.49% | 4.64% |
Returns By Period
In the year-to-date period, FIMVX achieves a 3.68% return, which is significantly lower than HWMIX's 6.74% return.
FIMVX
- 1D
- 2.39%
- 1M
- -5.32%
- YTD
- 3.68%
- 6M
- 5.09%
- 1Y
- 17.33%
- 3Y*
- 13.12%
- 5Y*
- 7.65%
- 10Y*
- —
HWMIX
- 1D
- 1.52%
- 1M
- -2.06%
- YTD
- 6.74%
- 6M
- 8.96%
- 1Y
- 22.13%
- 3Y*
- 12.01%
- 5Y*
- 9.76%
- 10Y*
- 9.08%
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FIMVX vs. HWMIX - Expense Ratio Comparison
FIMVX has a 0.05% expense ratio, which is lower than HWMIX's 1.01% expense ratio.
Return for Risk
FIMVX vs. HWMIX — Risk / Return Rank
FIMVX
HWMIX
FIMVX vs. HWMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX). 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.
| FIMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.93 | +0.04 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.41 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.35 | +0.03 |
Martin ratioReturn relative to average drawdown | 6.36 | 5.49 | +0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.93 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.44 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.47 | -0.03 |
Correlation
The correlation between FIMVX and HWMIX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FIMVX vs. HWMIX - Dividend Comparison
FIMVX's dividend yield for the trailing twelve months is around 2.39%, more than HWMIX's 1.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 2.39% | 2.48% | 4.44% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 1.31% | 1.39% | 1.15% | 0.28% | 0.49% | 1.28% | 2.25% | 1.60% | 2.99% | 6.72% | 1.53% | 14.67% |
Drawdowns
FIMVX vs. HWMIX - Drawdown Comparison
The maximum FIMVX drawdown since its inception was -43.61%, smaller than the maximum HWMIX drawdown of -69.84%. Use the drawdown chart below to compare losses from any high point for FIMVX and HWMIX.
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Drawdown Indicators
| FIMVX | HWMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -69.84% | +26.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.34% | -16.87% | +3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | -25.90% | +4.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.21% | — |
Current DrawdownCurrent decline from peak | -5.32% | -3.32% | -2.00% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -10.89% | +4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 4.15% | -1.26% |
Volatility
FIMVX vs. HWMIX - Volatility Comparison
Fidelity Mid Cap Value Index Fund (FIMVX) has a higher volatility of 5.33% compared to Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) at 4.30%. This indicates that FIMVX's price experiences larger fluctuations and is considered to be riskier than HWMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIMVX | HWMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 4.30% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 12.42% | -2.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.30% | 23.86% | -5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 22.34% | -5.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.03% | 25.62% | -3.59% |