HOMPX vs. SMVTX

Last updated Jun 3, 2026

HOMPX (HW Opportunities MP Fund) and SMVTX (Virtus Ceredex Mid-Cap Value Equity Fund) are both Mid Cap Value Equities funds. Over the past 5 years, HOMPX returned 11.26%/yr vs 11.97%/yr for SMVTX. A 0.79 correlation means they provide meaningful diversification when combined. HOMPX charges 0.00%/yr vs 0.99%/yr for SMVTX.

Performance

HOMPX vs. SMVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, HOMPX achieves a 18.91% return, which is significantly lower than SMVTX's 21.54% return.

HOMPX

• 1D: 2.38%
• 1M: 8.54%
• YTD: 18.91%
• 6M: 21.58%
• 1Y: 30.84%
• 3Y*: 17.58%
• 5Y*: 11.26%
• 10Y*: —

SMVTX

• 1D: 1.80%
• 1M: 2.73%
• YTD: 21.54%
• 6M: 20.83%
• 1Y: 43.86%
• 3Y*: 23.93%
• 5Y*: 11.97%
• 10Y*: 12.21%

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

HOMPX vs. SMVTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HOMPX HW Opportunities MP Fund	18.91%	11.44%	3.87%	29.55%	-5.23%	29.85%
SMVTX Virtus Ceredex Mid-Cap Value Equity Fund	21.54%	17.58%	18.93%	10.94%	-13.89%	30.10%

Correlation

The correlation between HOMPX and SMVTX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 28, 2021	0.79

The correlation between HOMPX and SMVTX shifts across timeframes, from 0.61 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HOMPX vs. SMVTX — Risk / Return Rank

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

HOMPX

HOMPX Risk / Return Rank: 53
HOMPX Sharpe Ratio Rank: 51
HOMPX Sortino Ratio Rank: 47
HOMPX Omega Ratio Rank: 45
HOMPX Calmar Ratio Rank: 65
HOMPX Martin Ratio Rank: 56

SMVTX

SMVTX Risk / Return Rank: 89
SMVTX Sharpe Ratio Rank: 90
SMVTX Sortino Ratio Rank: 85
SMVTX Omega Ratio Rank: 79
SMVTX Calmar Ratio Rank: 96
SMVTX Martin Ratio Rank: 96

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. SMVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for HW Opportunities MP Fund (HOMPX) and Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX). 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	SMVTX	Difference
Sharpe ratio Return per unit of total volatility	2.09	2.99	-0.90
Sortino ratio Return per unit of downside risk	2.88	4.06	-1.18
Omega ratio Gain probability vs. loss probability	1.36	1.51	-0.15
Calmar ratio Return relative to maximum drawdown	3.11	6.39	-3.27
Martin ratio Return relative to average drawdown	11.25	23.52	-12.28
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. SMVTX - Sharpe Ratio Comparison

The current HOMPX Sharpe Ratio is 2.09, which is lower than the SMVTX Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of HOMPX and SMVTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HOMPX	SMVTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	2.99	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.59	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.49	+0.34

Drawdowns

HOMPX vs. SMVTX - Drawdown Comparison

The maximum HOMPX drawdown since its inception was -23.25%, smaller than the maximum SMVTX drawdown of -54.72%. Use the drawdown chart below to compare losses from any high point for HOMPX and SMVTX.

Drawdown Indicators

	HOMPX	SMVTX	Difference
Max Drawdown Largest peak-to-trough decline	-23.25%	-54.72%	+31.47%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-7.17%	-2.50%
Max Drawdown (3Y) Largest decline over 3 years	-18.78%	-24.75%	+5.97%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-25.44%	+2.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.45%	—
Current Drawdown Current decline from peak	0.00%	-0.20%	+0.20%
Average Drawdown Average peak-to-trough decline	-4.43%	-8.23%	+3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	1.94%	+0.74%

Volatility

HOMPX vs. SMVTX - Volatility Comparison

The current volatility for HW Opportunities MP Fund (HOMPX) is 4.33%, while Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) has a volatility of 5.09%. This indicates that HOMPX experiences smaller price fluctuations and is considered to be less risky than SMVTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOMPX	SMVTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	5.09%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	11.16%	11.94%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.74%	15.30%	-0.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.18%	20.45%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.05%	20.64%	-1.59%

HOMPX vs. SMVTX - Expense Ratio Comparison

HOMPX has a 0.00% expense ratio, which is lower than SMVTX's 0.99% expense ratio.

Dividends

HOMPX vs. SMVTX - Dividend Comparison

HOMPX's dividend yield for the trailing twelve months is around 3.04%, less than SMVTX's 13.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOMPX HW Opportunities MP Fund	3.04%	3.61%	9.48%	6.79%	1.89%	1.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMVTX Virtus Ceredex Mid-Cap Value Equity Fund	13.52%	16.44%	15.96%	1.16%	6.75%	18.53%	2.52%	5.82%	14.47%	20.86%	3.61%	7.05%

Frequently Asked Questions

Can I hold both HOMPX and SMVTX in my portfolio?

HOMPX and SMVTX have a correlation of 0.61, 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 SMVTX?

SMVTX has higher volatility (5.09%) compared to HOMPX (4.33%). In terms of maximum drawdown, HOMPX dropped -23.25% vs SMVTX's -54.72%.

Which has better risk-adjusted returns?

SMVTX currently has the higher Sharpe Ratio (2.99 vs 2.09), 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.