HSTIX vs. HOVLX
Compare and contrast key facts about Homestead Stock Index Fund (HSTIX) and Homestead Funds Value Fund (HOVLX).
HSTIX is managed by Homestead. It was launched on Oct 28, 1999. HOVLX is managed by Homestead. It was launched on Nov 19, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTIX or HOVLX.
Key characteristics
| HSTIX | HOVLX | |
|---|---|---|
| YTD Return | 26.32% | 18.70% |
| 1Y Return | 33.79% | 27.94% |
| 3Y Return (Ann) | 8.92% | 8.27% |
| 5Y Return (Ann) | 14.50% | 12.09% |
| 10Y Return (Ann) | 12.48% | 10.81% |
| Sharpe Ratio | 2.96 | 2.79 |
| Sortino Ratio | 3.96 | 3.93 |
| Omega Ratio | 1.56 | 1.51 |
| Calmar Ratio | 4.31 | 4.33 |
| Martin Ratio | 19.36 | 15.64 |
| Ulcer Index | 1.88% | 1.94% |
| Daily Std Dev | 12.30% | 10.87% |
| Max Drawdown | -55.58% | -57.48% |
| Current Drawdown | -0.25% | -0.73% |
Correlation
The correlation between HSTIX and HOVLX 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
HSTIX vs. HOVLX - Performance Comparison
In the year-to-date period, HSTIX achieves a 26.32% return, which is significantly higher than HOVLX's 18.70% return. Over the past 10 years, HSTIX has outperformed HOVLX with an annualized return of 12.48%, while HOVLX has yielded a comparatively lower 10.81% 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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HSTIX vs. HOVLX - Expense Ratio Comparison
HSTIX has a 0.50% expense ratio, which is lower than HOVLX's 0.63% expense ratio.
Risk-Adjusted Performance
HSTIX vs. HOVLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Stock Index Fund (HSTIX) and Homestead Funds Value Fund (HOVLX). 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
HSTIX vs. HOVLX - Dividend Comparison
HSTIX's dividend yield for the trailing twelve months is around 0.89%, less than HOVLX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
HSTIX vs. HOVLX - Drawdown Comparison
The maximum HSTIX drawdown since its inception was -55.58%, roughly equal to the maximum HOVLX drawdown of -57.48%. Use the drawdown chart below to compare losses from any high point for HSTIX and HOVLX. For additional features, visit the drawdowns tool.
Volatility
HSTIX vs. HOVLX - Volatility Comparison
Homestead Stock Index Fund (HSTIX) has a higher volatility of 3.75% compared to Homestead Funds Value Fund (HOVLX) at 3.39%. This indicates that HSTIX's price experiences larger fluctuations and is considered to be riskier than HOVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.