FSMVX vs. HWMIX
Compare and contrast key facts about Fidelity Mid Cap Value Fund (FSMVX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX).
FSMVX is managed by Fidelity. It was launched on Nov 15, 2001. HWMIX is managed by Hotchkis & Wiley. It was launched on Jan 2, 1997.
Performance
FSMVX vs. HWMIX - Performance Comparison
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FSMVX vs. HWMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSMVX Fidelity Mid Cap Value Fund | 3.51% | 13.06% | 14.53% | 22.59% | -10.64% | 34.00% | 0.95% | 23.57% | -18.91% | 17.06% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 6.74% | 7.87% | 3.62% | 19.87% | 1.63% | 39.18% | 0.49% | 12.97% | -19.32% | 7.69% |
Returns By Period
In the year-to-date period, FSMVX achieves a 3.51% return, which is significantly lower than HWMIX's 6.74% return. Over the past 10 years, FSMVX has outperformed HWMIX with an annualized return of 9.97%, while HWMIX has yielded a comparatively lower 9.08% annualized return.
FSMVX
- 1D
- 2.91%
- 1M
- -6.69%
- YTD
- 3.51%
- 6M
- 8.18%
- 1Y
- 22.20%
- 3Y*
- 17.23%
- 5Y*
- 10.60%
- 10Y*
- 9.97%
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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FSMVX vs. HWMIX - Expense Ratio Comparison
FSMVX has a 0.57% expense ratio, which is lower than HWMIX's 1.01% expense ratio.
Return for Risk
FSMVX vs. HWMIX — Risk / Return Rank
FSMVX
HWMIX
FSMVX vs. HWMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Fund (FSMVX) 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.
| FSMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.93 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.41 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.35 | +0.22 |
Martin ratioReturn relative to average drawdown | 6.40 | 5.49 | +0.91 |
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
| FSMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.93 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.44 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.36 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.47 | -0.03 |
Correlation
The correlation between FSMVX and HWMIX is 0.91, 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
FSMVX vs. HWMIX - Dividend Comparison
FSMVX's dividend yield for the trailing twelve months is around 7.60%, more than HWMIX's 1.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMVX Fidelity Mid Cap Value Fund | 7.60% | 8.28% | 10.41% | 1.17% | 13.12% | 1.30% | 1.99% | 1.87% | 14.79% | 8.92% | 1.34% | 5.15% |
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
FSMVX vs. HWMIX - Drawdown Comparison
The maximum FSMVX drawdown since its inception was -62.96%, smaller than the maximum HWMIX drawdown of -69.84%. Use the drawdown chart below to compare losses from any high point for FSMVX and HWMIX.
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Drawdown Indicators
| FSMVX | HWMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.96% | -69.84% | +6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -14.74% | -16.87% | +2.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.70% | -25.90% | +2.20% |
Max Drawdown (10Y)Largest decline over 10 years | -45.11% | -63.21% | +18.10% |
Current DrawdownCurrent decline from peak | -7.70% | -3.32% | -4.38% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -10.89% | +1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 4.15% | -0.52% |
Volatility
FSMVX vs. HWMIX - Volatility Comparison
Fidelity Mid Cap Value Fund (FSMVX) has a higher volatility of 6.54% compared to Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) at 4.30%. This indicates that FSMVX'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
| FSMVX | HWMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 4.30% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.10% | 12.42% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.61% | 23.86% | -2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.14% | 22.34% | -2.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.04% | 25.62% | -4.58% |