HOMPX vs. FIMVX

Last updated Apr 2, 2026

Compare and contrast key facts about HW Opportunities MP Fund (HOMPX) and Fidelity Mid Cap Value Index Fund (FIMVX).

HOMPX is managed by Hotchkis & Wiley. It was launched on Jan 27, 2021. FIMVX is managed by Fidelity. It was launched on Jul 11, 2019.

Performance

HOMPX vs. FIMVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HW Opportunities MP Fund (HOMPX) and Fidelity Mid Cap Value Index Fund (FIMVX). The values are adjusted to include any dividend payments, if applicable.

HOMPX vs. FIMVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOMPX HW Opportunities MP Fund	6.72%	11.44%	3.87%	29.55%	-5.23%	29.85%
FIMVX Fidelity Mid Cap Value Index Fund	3.68%	11.01%	13.02%	12.75%	-12.08%	27.75%

Returns By Period

In the year-to-date period, HOMPX achieves a 6.72% return, which is significantly higher than FIMVX's 3.68% return.

HOMPX

• 1D: 1.57%
• 1M: 0.37%
• YTD: 6.72%
• 6M: 5.88%
• 1Y: 18.85%
• 3Y*: 14.19%
• 5Y*: 10.85%
• 10Y*: —

FIMVX

• 1D: 2.39%
• 1M: -5.32%
• YTD: 3.68%
• 6M: 5.09%
• 1Y: 17.33%
• 3Y*: 13.12%
• 5Y*: 7.65%
• 10Y*: —

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

HOMPX vs. FIMVX - Expense Ratio Comparison

HOMPX has a 0.00% expense ratio, which is lower than FIMVX's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FIMVX

Fidelity Mid Cap Value Index Fund

HOMPX

HW Opportunities MP Fund

Return for Risk

HOMPX vs. FIMVX — Risk / Return Rank

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

HOMPX

HOMPX Risk / Return Rank: 39
HOMPX Sharpe Ratio Rank: 39
HOMPX Sortino Ratio Rank: 39
HOMPX Omega Ratio Rank: 39
HOMPX Calmar Ratio Rank: 39
HOMPX Martin Ratio Rank: 41

FIMVX

FIMVX Risk / Return Rank: 52
FIMVX Sharpe Ratio Rank: 46
FIMVX Sortino Ratio Rank: 49
FIMVX Omega Ratio Rank: 45
FIMVX Calmar Ratio Rank: 55
FIMVX Martin Ratio Rank: 65

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.

HOMPX vs. FIMVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HW Opportunities MP Fund (HOMPX) and Fidelity Mid Cap Value Index Fund (FIMVX). 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.

	HOMPX	FIMVX	Difference
Sharpe ratio Return per unit of total volatility	0.95	0.97	-0.02
Sortino ratio Return per unit of downside risk	1.40	1.45	-0.04
Omega ratio Gain probability vs. loss probability	1.20	1.20	0.00
Calmar ratio Return relative to maximum drawdown	1.31	1.38	-0.07
Martin ratio Return relative to average drawdown	5.18	6.36	-1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOMPX vs. FIMVX - Sharpe Ratio Comparison

The current HOMPX Sharpe Ratio is 0.95, which is comparable to the FIMVX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of HOMPX and FIMVX, 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

	HOMPX	FIMVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	0.97	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.44	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.44	+0.29

Correlation

The correlation between HOMPX and FIMVX is 0.87, 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

HOMPX vs. FIMVX - Dividend Comparison

HOMPX's dividend yield for the trailing twelve months is around 3.38%, more than FIMVX's 2.39% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
HOMPX HW Opportunities MP Fund	3.38%	3.61%	9.48%	6.79%	1.89%	1.45%	0.00%	0.00%
FIMVX Fidelity Mid Cap Value Index Fund	2.39%	2.48%	4.44%	1.89%	2.75%	5.62%	1.23%	0.63%

Drawdowns

HOMPX vs. FIMVX - Drawdown Comparison

The maximum HOMPX drawdown since its inception was -23.25%, smaller than the maximum FIMVX drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for HOMPX and FIMVX.

Drawdown Indicators

	HOMPX	FIMVX	Difference
Max Drawdown Largest peak-to-trough decline	-23.25%	-43.61%	+20.36%
Max Drawdown (1Y) Largest decline over 1 year	-14.17%	-13.34%	-0.83%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-21.23%	-2.02%
Current Drawdown Current decline from peak	-0.61%	-5.32%	+4.71%
Average Drawdown Average peak-to-trough decline	-4.56%	-6.57%	+2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.89%	+0.68%

Volatility

HOMPX vs. FIMVX - Volatility Comparison

The current volatility for HW Opportunities MP Fund (HOMPX) is 4.54%, while Fidelity Mid Cap Value Index Fund (FIMVX) has a volatility of 5.33%. This indicates that HOMPX experiences smaller price fluctuations and is considered to be less risky than FIMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOMPX	FIMVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	5.33%	-0.79%
Volatility (6M) Calculated over the trailing 6-month period	11.17%	10.08%	+1.09%
Volatility (1Y) Calculated over the trailing 1-year period	19.96%	18.30%	+1.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.19%	17.34%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.17%	22.03%	-2.86%