HOVLX vs. HSTIX
Compare and contrast key facts about Homestead Funds Value Fund (HOVLX) and Homestead Stock Index Fund (HSTIX).
HOVLX is managed by Homestead. It was launched on Nov 19, 1990. HSTIX is managed by Homestead. It was launched on Oct 28, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HOVLX or HSTIX.
Key characteristics
| HOVLX | HSTIX | |
|---|---|---|
| YTD Return | 18.87% | 26.29% |
| 1Y Return | 30.48% | 36.37% |
| 3Y Return (Ann) | 8.33% | 8.92% |
| 5Y Return (Ann) | 12.30% | 14.67% |
| 10Y Return (Ann) | 10.83% | 12.48% |
| Sharpe Ratio | 2.81 | 2.95 |
| Sortino Ratio | 3.96 | 3.94 |
| Omega Ratio | 1.52 | 1.55 |
| Calmar Ratio | 4.37 | 4.29 |
| Martin Ratio | 15.76 | 19.28 |
| Ulcer Index | 1.94% | 1.88% |
| Daily Std Dev | 10.87% | 12.30% |
| Max Drawdown | -57.48% | -55.58% |
| Current Drawdown | -0.59% | -0.27% |
Correlation
The correlation between HOVLX and HSTIX 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.
Performance
HOVLX vs. HSTIX - Performance Comparison
In the year-to-date period, HOVLX achieves a 18.87% return, which is significantly lower than HSTIX's 26.29% return. Over the past 10 years, HOVLX has underperformed HSTIX with an annualized return of 10.83%, while HSTIX has yielded a comparatively higher 12.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HOVLX vs. HSTIX - Expense Ratio Comparison
HOVLX has a 0.63% expense ratio, which is higher than HSTIX's 0.50% expense ratio.
Risk-Adjusted Performance
HOVLX vs. HSTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) and Homestead Stock Index Fund (HSTIX). 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.
Dividends
HOVLX vs. HSTIX - Dividend Comparison
HOVLX's dividend yield for the trailing twelve months is around 1.22%, more than HSTIX's 0.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 1.22% | 1.49% | 1.48% | 1.19% | 1.39% | 1.60% | 1.94% | 1.80% | 2.31% | 2.02% | 1.54% | 1.67% |
HSTIX Homestead Stock Index Fund | 0.89% | 1.04% | 1.22% | 0.85% | 1.12% | 1.60% | 1.98% | 0.89% | 1.51% | 1.66% | 1.42% | 1.33% |
Drawdowns
HOVLX vs. HSTIX - Drawdown Comparison
The maximum HOVLX drawdown since its inception was -57.48%, roughly equal to the maximum HSTIX drawdown of -55.58%. Use the drawdown chart below to compare losses from any high point for HOVLX and HSTIX. For additional features, visit the drawdowns tool.
Volatility
HOVLX vs. HSTIX - Volatility Comparison
The current volatility for Homestead Funds Value Fund (HOVLX) is 3.55%, while Homestead Stock Index Fund (HSTIX) has a volatility of 3.85%. This indicates that HOVLX experiences smaller price fluctuations and is considered to be less risky than HSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.