HOMPX vs. HWSAX

Last updated Aug 1, 2026

HOMPX (HW Opportunities MP Fund) and HWSAX (Hotchkis & Wiley Small Cap Value Fund Class A) are both mutual funds - HOMPX is a Mid Cap Value Equities fund managed by Hotchkis & Wiley, while HWSAX is a Small Cap Value Equities fund managed by Hotchkis & Wiley. Over the past 5 years, HOMPX returned 12.26%/yr vs 12.09%/yr for HWSAX. Their correlation of 0.91 means they have usually moved in the same direction. HOMPX charges 0.00%/yr vs 1.21%/yr for HWSAX.

Performance

HOMPX vs. HWSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HW Opportunities MP Fund (HOMPX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOMPX achieves a 18.18% return, which is significantly lower than HWSAX's 25.83% return.

HOMPX

• 1D: 1.01%
• 1M: 2.87%
• 6M: 12.69%
• YTD: 18.18%
• 1Y: 24.98%
• 3Y*: 13.67%
• 5Y*: 12.26%
• 10Y*: —
• ALL TIME*: 15.22%

HWSAX

• 1D: -0.23%
• 1M: 6.90%
• 6M: 18.08%
• YTD: 25.83%
• 1Y: 32.34%
• 3Y*: 11.92%
• 5Y*: 12.09%
• 10Y*: 11.13%
• ALL TIME*: 11.66%

*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)
HOMPX HW Opportunities MP Fund	$0.00	$0.00	$0.00
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A	$0.00	$0.00	$0.00

HOMPX vs. HWSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOMPX HW Opportunities MP Fund	18.18%	11.44%	3.87%	29.55%	-5.23%	29.85%
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A	25.83%	1.38%	4.77%	18.56%	2.81%	27.60%

Correlation

The correlation between HOMPX and HWSAX is 0.76, 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.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Jan 27, 2021	0.91

The correlation between HOMPX and HWSAX shifts across timeframes, from 0.76 (1 year) to 0.91 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HOMPX vs. HWSAX — Risk / Return Rank

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

HOMPX

HOMPX Risk / Return Rank: 65
HOMPX Sharpe Ratio Rank: 66
HOMPX Sortino Ratio Rank: 63
HOMPX Omega Ratio Rank: 61
HOMPX Calmar Ratio Rank: 74
HOMPX Martin Ratio Rank: 60

HWSAX

HWSAX Risk / Return Rank: 76
HWSAX Sharpe Ratio Rank: 74
HWSAX Sortino Ratio Rank: 72
HWSAX Omega Ratio Rank: 72
HWSAX Calmar Ratio Rank: 84
HWSAX Martin Ratio Rank: 79

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.

HOMPX vs. HWSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HW Opportunities MP Fund (HOMPX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). 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.

	HOMPX	HWSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.75	-0.11
Sortino ratio: Return per unit of downside risk	2.28	2.48	-0.20
Omega ratio: Gain probability vs. loss probability	1.29	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.46	2.86	-0.40
Martin ratio: Return relative to average drawdown	8.02	9.64	-1.62

HOMPX vs. HWSAX - Sharpe Ratio Comparison

The current HOMPX Sharpe Ratio is 1.63, which is comparable to the HWSAX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of HOMPX and HWSAX, 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

HOMPX vs. HWSAX - Drawdown Comparison

The maximum HOMPX drawdown since its inception was -23.25%, smaller than the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for HOMPX and HWSAX.

Drawdown Indicators

	HOMPX	HWSAX	Difference
Max Drawdown Largest peak-to-trough decline	-23.25%	-72.14%	+48.89%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-10.06%	+0.39%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	-26.98%	+8.20%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-26.98%	+3.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-53.82%	—
Current Drawdown Current decline from peak	-0.61%	-0.23%	-0.38%
Average Drawdown Average peak-to-trough decline	-4.40%	-10.90%	+6.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.98%	-0.02%

Volatility

HOMPX vs. HWSAX - Volatility Comparison

The current volatility for HW Opportunities MP Fund (HOMPX) is 2.57%, while Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) has a volatility of 2.86%. This indicates that HOMPX experiences smaller price fluctuations and is considered to be less risky than HWSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOMPX	HWSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	2.86%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	11.07%	10.44%	+0.63%
Volatility (1Y) Calculated over the trailing 1-year period	14.68%	16.58%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.02%	21.22%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.89%	24.49%	-5.60%

HOMPX vs. HWSAX - Expense Ratio Comparison

HOMPX has a 0.00% expense ratio, which is lower than HWSAX's 1.21% expense ratio.

Dividends

HOMPX vs. HWSAX - Dividend Comparison

HOMPX's dividend yield for the trailing twelve months is around 3.06%, more than HWSAX's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOMPX HW Opportunities MP Fund	3.06%	3.61%	9.48%	6.79%	1.89%	1.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A	0.55%	0.69%	8.19%	1.79%	13.39%	0.22%	0.63%	4.62%	9.45%	4.80%	0.00%	11.67%

Frequently Asked Questions

Can I hold both HOMPX and HWSAX in my portfolio?

HOMPX and HWSAX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOMPX or HWSAX?

HWSAX has higher volatility (2.86%) compared to HOMPX (2.57%). In terms of maximum drawdown, HOMPX dropped -23.25% vs HWSAX's -72.14%.

Which has better risk-adjusted returns?

HWSAX currently has the higher Sharpe Ratio (1.75 vs 1.63), 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.