HULIX vs. HUDIX

Last updated Jun 3, 2026

HULIX (Huber Select Large Cap Value Fund) and HUDIX (Huber Large Cap Value Fund) are both Large Cap Value Equities funds from Huber Funds. Over the past 10 years, HULIX returned 12.32%/yr vs 10.60%/yr for HUDIX. With a 0.97 correlation, they move nearly in lockstep. HULIX charges 1.39%/yr vs 1.15%/yr for HUDIX.

Performance

HULIX vs. HUDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Huber Select Large Cap Value Fund (HULIX) and Huber Large Cap Value Fund (HUDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HULIX achieves a 5.58% return, which is significantly lower than HUDIX's 6.28% return. Over the past 10 years, HULIX has outperformed HUDIX with an annualized return of 12.32%, while HUDIX has yielded a comparatively lower 10.60% annualized return.

HULIX

• 1D: 0.59%
• 1M: 1.44%
• YTD: 5.58%
• 6M: 7.89%
• 1Y: 16.46%
• 3Y*: 14.77%
• 5Y*: 11.44%
• 10Y*: 12.32%

HUDIX

• 1D: 0.65%
• 1M: 1.87%
• YTD: 6.28%
• 6M: 8.86%
• 1Y: 20.39%
• 3Y*: 15.86%
• 5Y*: 9.85%
• 10Y*: 10.60%

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

HULIX vs. HUDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HULIX Huber Select Large Cap Value Fund	5.58%	8.99%	15.96%	19.96%	-3.55%	32.72%	3.47%	34.12%	-13.79%	19.54%
HUDIX Huber Large Cap Value Fund	6.28%	10.58%	21.95%	10.85%	-2.96%	23.20%	-3.50%	30.44%	-13.48%	21.24%

Correlation

The correlation between HULIX and HUDIX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.97

The correlation between HULIX and HUDIX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

HULIX vs. HUDIX — Risk / Return Rank

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

HULIX

HULIX Risk / Return Rank: 29
HULIX Sharpe Ratio Rank: 26
HULIX Sortino Ratio Rank: 26
HULIX Omega Ratio Rank: 24
HULIX Calmar Ratio Rank: 41
HULIX Martin Ratio Rank: 28

HUDIX

HUDIX Risk / Return Rank: 50
HUDIX Sharpe Ratio Rank: 39
HUDIX Sortino Ratio Rank: 40
HUDIX Omega Ratio Rank: 37
HUDIX Calmar Ratio Rank: 75
HUDIX Martin Ratio Rank: 58

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.

HULIX vs. HUDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Huber Select Large Cap Value Fund (HULIX) and Huber Large Cap Value Fund (HUDIX). 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.

	HULIX	HUDIX	Difference
Sharpe ratio Return per unit of total volatility	1.48	1.82	-0.34
Sortino ratio Return per unit of downside risk	2.16	2.66	-0.50
Omega ratio Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio Return relative to maximum drawdown	2.46	3.43	-0.97
Martin ratio Return relative to average drawdown	6.71	11.56	-4.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HULIX vs. HUDIX - Sharpe Ratio Comparison

The current HULIX Sharpe Ratio is 1.48, which is comparable to the HUDIX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of HULIX and HUDIX, 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

	HULIX	HUDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	1.82	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.61	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.57	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.57	-0.19

Drawdowns

HULIX vs. HUDIX - Drawdown Comparison

The maximum HULIX drawdown since its inception was -70.36%, which is greater than HUDIX's maximum drawdown of -37.14%. Use the drawdown chart below to compare losses from any high point for HULIX and HUDIX.

Drawdown Indicators

	HULIX	HUDIX	Difference
Max Drawdown Largest peak-to-trough decline	-70.36%	-37.14%	-33.22%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-6.13%	-0.69%
Max Drawdown (3Y) Largest decline over 3 years	-17.14%	-18.86%	+1.72%
Max Drawdown (5Y) Largest decline over 5 years	-17.14%	-18.86%	+1.72%
Max Drawdown (10Y) Largest decline over 10 years	-35.41%	-37.14%	+1.73%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.77%	-4.83%	-5.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	1.82%	+0.68%

Volatility

HULIX vs. HUDIX - Volatility Comparison

Huber Select Large Cap Value Fund (HULIX) has a higher volatility of 2.91% compared to Huber Large Cap Value Fund (HUDIX) at 2.72%. This indicates that HULIX's price experiences larger fluctuations and is considered to be riskier than HUDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HULIX	HUDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	2.72%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	8.22%	8.37%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	11.27%	11.50%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	16.16%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	18.50%	+0.07%

HULIX vs. HUDIX - Expense Ratio Comparison

HULIX has a 1.39% expense ratio, which is higher than HUDIX's 1.15% expense ratio.

Dividends

HULIX vs. HUDIX - Dividend Comparison

HULIX's dividend yield for the trailing twelve months is around 1.11%, more than HUDIX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUDIX Huber Large Cap Value Fund	1.03%	1.10%	1.09%	1.50%	1.40%	1.14%	1.48%	1.16%	1.53%	1.44%	1.57%	1.28%
HULIX Huber Select Large Cap Value Fund	1.11%	1.17%	0.93%	0.74%	0.65%	0.30%	1.72%	0.73%	1.37%	0.64%	1.26%	1.00%

Frequently Asked Questions

Can I hold both HULIX and HUDIX in my portfolio?

With a correlation of 0.96, HULIX and HUDIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, HULIX or HUDIX?

HULIX has higher volatility (2.91%) compared to HUDIX (2.72%). In terms of maximum drawdown, HULIX dropped -70.36% vs HUDIX's -37.14%.

Which has better risk-adjusted returns?

HUDIX currently has the higher Sharpe Ratio (1.82 vs 1.48), 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.