HDSVX vs. HDPBX

Last updated Apr 2, 2026

Compare and contrast key facts about Hodges Small Intrinsic Value Fund (HDSVX) and Hodges Blue Chip Equity Income Fund (HDPBX).

HDSVX is managed by Hodges. It was launched on Dec 26, 2013. HDPBX is managed by Hodges. It was launched on Sep 10, 2009.

Performance

HDSVX vs. HDPBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hodges Small Intrinsic Value Fund (HDSVX) and Hodges Blue Chip Equity Income Fund (HDPBX). The values are adjusted to include any dividend payments, if applicable.

HDSVX vs. HDPBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HDSVX Hodges Small Intrinsic Value Fund	2.44%	-0.73%	7.82%	18.32%	-9.87%	43.97%	6.60%	29.42%	-22.85%	8.77%
HDPBX Hodges Blue Chip Equity Income Fund	-5.30%	23.40%	52.30%	21.54%	-11.52%	23.61%	15.88%	30.72%	-9.38%	24.73%

Returns By Period

In the year-to-date period, HDSVX achieves a 2.44% return, which is significantly higher than HDPBX's -5.30% return. Over the past 10 years, HDSVX has underperformed HDPBX with an annualized return of 8.87%, while HDPBX has yielded a comparatively higher 15.74% annualized return.

HDSVX

• 1D: 2.77%
• 1M: -5.07%
• YTD: 2.44%
• 6M: 0.84%
• 1Y: 15.26%
• 3Y*: 7.57%
• 5Y*: 5.40%
• 10Y*: 8.87%

HDPBX

• 1D: 3.37%
• 1M: -5.44%
• YTD: -5.30%
• 6M: -2.12%
• 1Y: 20.87%
• 3Y*: 26.55%
• 5Y*: 17.52%
• 10Y*: 15.74%

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

HDSVX vs. HDPBX - Expense Ratio Comparison

HDSVX has a 1.29% expense ratio, which is lower than HDPBX's 1.30% expense ratio.

HDPBX

Hodges Blue Chip Equity Income Fund

HDSVX

Hodges Small Intrinsic Value Fund

Return for Risk

HDSVX vs. HDPBX — Risk / Return Rank

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

HDSVX

HDSVX Risk / Return Rank: 23
HDSVX Sharpe Ratio Rank: 20
HDSVX Sortino Ratio Rank: 23
HDSVX Omega Ratio Rank: 19
HDSVX Calmar Ratio Rank: 32
HDSVX Martin Ratio Rank: 24

HDPBX

HDPBX Risk / Return Rank: 56
HDPBX Sharpe Ratio Rank: 49
HDPBX Sortino Ratio Rank: 50
HDPBX Omega Ratio Rank: 56
HDPBX Calmar Ratio Rank: 63
HDPBX Martin Ratio Rank: 61

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.

HDSVX vs. HDPBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hodges Small Intrinsic Value Fund (HDSVX) and Hodges Blue Chip Equity Income Fund (HDPBX). 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.

	HDSVX	HDPBX	Difference
Sharpe ratio Return per unit of total volatility	0.62	1.03	-0.41
Sortino ratio Return per unit of downside risk	1.03	1.52	-0.48
Omega ratio Gain probability vs. loss probability	1.13	1.24	-0.10
Calmar ratio Return relative to maximum drawdown	1.06	1.63	-0.58
Martin ratio Return relative to average drawdown	3.03	6.35	-3.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDSVX vs. HDPBX - Sharpe Ratio Comparison

The current HDSVX Sharpe Ratio is 0.62, which is lower than the HDPBX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of HDSVX and HDPBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HDSVX	HDPBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	1.03	-0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.93	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.82	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.77	-0.43

Correlation

The correlation between HDSVX and HDPBX is 0.73, 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

HDSVX vs. HDPBX - Dividend Comparison

HDSVX's dividend yield for the trailing twelve months is around 1.07%, less than HDPBX's 5.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDSVX Hodges Small Intrinsic Value Fund	1.07%	1.09%	9.55%	0.06%	2.93%	6.17%	0.00%	0.02%	9.82%	2.93%	0.00%	0.81%
HDPBX Hodges Blue Chip Equity Income Fund	5.21%	4.97%	27.38%	0.90%	8.75%	10.88%	5.26%	7.59%	5.83%	9.44%	5.04%	7.86%

Drawdowns

HDSVX vs. HDPBX - Drawdown Comparison

The maximum HDSVX drawdown since its inception was -58.65%, which is greater than HDPBX's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for HDSVX and HDPBX.

Drawdown Indicators

	HDSVX	HDPBX	Difference
Max Drawdown Largest peak-to-trough decline	-58.65%	-35.10%	-23.55%
Max Drawdown (1Y) Largest decline over 1 year	-14.73%	-13.59%	-1.14%
Max Drawdown (5Y) Largest decline over 5 years	-28.24%	-21.76%	-6.48%
Max Drawdown (10Y) Largest decline over 10 years	-58.65%	-35.10%	-23.55%
Current Drawdown Current decline from peak	-8.56%	-9.52%	+0.96%
Average Drawdown Average peak-to-trough decline	-8.88%	-3.99%	-4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.13%	3.49%	+1.64%

Volatility

HDSVX vs. HDPBX - Volatility Comparison

Hodges Small Intrinsic Value Fund (HDSVX) has a higher volatility of 6.53% compared to Hodges Blue Chip Equity Income Fund (HDPBX) at 5.90%. This indicates that HDSVX's price experiences larger fluctuations and is considered to be riskier than HDPBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDSVX	HDPBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.53%	5.90%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	14.55%	10.64%	+3.91%
Volatility (1Y) Calculated over the trailing 1-year period	25.02%	20.80%	+4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.14%	18.83%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.34%	19.24%	+6.10%