HRSCX vs. CWSIX

Last updated Jun 23, 2026

HRSCX (Carillon Eagle Small Cap Growth Fund) and CWSIX (Chartwell Small Cap Value Fund) are both mutual funds - HRSCX is a Small Cap Growth Equities fund managed by Carillon Family of Funds, while CWSIX is a Small Cap Value Equities fund managed by Carillon Family of Funds. Over the past 10 years, HRSCX returned 9.82%/yr vs 8.59%/yr for CWSIX. Their correlation of 0.81 suggests significant overlap in exposure. HRSCX charges 1.06%/yr vs 1.05%/yr for CWSIX.

Performance

HRSCX vs. CWSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon Eagle Small Cap Growth Fund (HRSCX) and Chartwell Small Cap Value Fund (CWSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRSCX achieves a 22.65% return, which is significantly higher than CWSIX's 21.35% return. Over the past 10 years, HRSCX has outperformed CWSIX with an annualized return of 9.82%, while CWSIX has yielded a comparatively lower 8.59% annualized return.

HRSCX

• 1D: 2.38%
• 1M: 5.00%
• YTD: 22.65%
• 6M: 19.07%
• 1Y: 40.86%
• 3Y*: 17.52%
• 5Y*: 4.81%
• 10Y*: 9.82%

CWSIX

• 1D: 1.70%
• 1M: 4.91%
• YTD: 21.35%
• 6M: 19.00%
• 1Y: 35.55%
• 3Y*: 13.45%
• 5Y*: 7.55%
• 10Y*: 8.59%

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

HRSCX vs. CWSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRSCX Carillon Eagle Small Cap Growth Fund	22.65%	11.26%	12.85%	14.06%	-27.67%	0.80%	37.26%	25.40%	-10.92%	22.88%
CWSIX Chartwell Small Cap Value Fund	21.35%	-0.50%	11.09%	12.36%	-9.72%	24.32%	-5.58%	24.58%	-12.73%	8.68%

Correlation

The correlation between HRSCX and CWSIX is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Mar 16, 2012	0.81

The correlation between HRSCX and CWSIX has been stable across timeframes, ranging from 0.78 to 0.82 - a consistent structural relationship.

Return for Risk

HRSCX vs. CWSIX — Risk / Return Rank

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

HRSCX

HRSCX Risk / Return Rank: 61
HRSCX Sharpe Ratio Rank: 53
HRSCX Sortino Ratio Rank: 50
HRSCX Omega Ratio Rank: 44
HRSCX Calmar Ratio Rank: 78
HRSCX Martin Ratio Rank: 79

CWSIX

CWSIX Risk / Return Rank: 48
CWSIX Sharpe Ratio Rank: 45
CWSIX Sortino Ratio Rank: 48
CWSIX Omega Ratio Rank: 40
CWSIX Calmar Ratio Rank: 61
CWSIX Martin Ratio Rank: 46

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.

HRSCX vs. CWSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon Eagle Small Cap Growth Fund (HRSCX) and Chartwell Small Cap Value Fund (CWSIX). 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.

	HRSCX	CWSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.98	1.81	+0.16
Sortino ratio: Return per unit of downside risk	2.72	2.69	+0.03
Omega ratio: Gain probability vs. loss probability	1.33	1.31	+0.02
Calmar ratio: Return relative to maximum drawdown	3.34	2.86	+0.48
Martin ratio: Return relative to average drawdown	13.74	9.10	+4.64

HRSCX vs. CWSIX - Sharpe Ratio Comparison

The current HRSCX Sharpe Ratio is 1.98, which is comparable to the CWSIX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of HRSCX and CWSIX, 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

HRSCX vs. CWSIX - Drawdown Comparison

The maximum HRSCX drawdown since its inception was -55.68%, which is greater than CWSIX's maximum drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for HRSCX and CWSIX.

Drawdown Indicators

	HRSCX	CWSIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.68%	-44.08%	-11.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.15%	-12.47%	+0.32%
Max Drawdown (3Y) Largest decline over 3 years	-28.37%	-29.09%	+0.72%
Max Drawdown (5Y) Largest decline over 5 years	-38.22%	-29.09%	-9.13%
Max Drawdown (10Y) Largest decline over 10 years	-38.32%	-44.08%	+5.76%
Current Drawdown Current decline from peak	0.00%	-0.07%	+0.07%
Average Drawdown Average peak-to-trough decline	-11.48%	-6.77%	-4.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	3.92%	-0.97%

Volatility

HRSCX vs. CWSIX - Volatility Comparison

Carillon Eagle Small Cap Growth Fund (HRSCX) has a higher volatility of 7.34% compared to Chartwell Small Cap Value Fund (CWSIX) at 5.45%. This indicates that HRSCX's price experiences larger fluctuations and is considered to be riskier than CWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRSCX	CWSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	5.45%	+1.89%
Volatility (6M) Calculated over the trailing 6-month period	16.27%	13.69%	+2.58%
Volatility (1Y) Calculated over the trailing 1-year period	20.54%	19.69%	+0.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.75%	20.54%	+3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.04%	22.74%	+1.30%

HRSCX vs. CWSIX - Expense Ratio Comparison

HRSCX has a 1.06% expense ratio, which is higher than CWSIX's 1.05% expense ratio.

Dividends

HRSCX vs. CWSIX - Dividend Comparison

HRSCX's dividend yield for the trailing twelve months is around 6.87%, less than CWSIX's 18.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CWSIX Chartwell Small Cap Value Fund	18.40%	22.32%	41.77%	3.44%	1.20%	10.61%	0.74%	4.17%	8.19%	4.28%	0.47%	0.80%
HRSCX Carillon Eagle Small Cap Growth Fund	6.87%	8.42%	22.56%	9.37%	38.95%	40.00%	18.51%	6.62%	26.17%	8.10%	0.06%	7.03%

Frequently Asked Questions

Can I hold both HRSCX and CWSIX in my portfolio?

HRSCX and CWSIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRSCX or CWSIX?

HRSCX has higher volatility (7.34%) compared to CWSIX (5.45%). In terms of maximum drawdown, HRSCX dropped -55.68% vs CWSIX's -44.08%.

Which has better risk-adjusted returns?

HRSCX currently has the higher Sharpe Ratio (1.98 vs 1.81), 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.