HULIX vs. HUMDX

Last updated Jun 24, 2026

HULIX (Huber Select Large Cap Value Fund) and HUMDX (Huber Mid Cap Value Fund) are both mutual funds - HULIX is a Large Cap Value Equities fund managed by Huber Funds, while HUMDX is a Small Cap Value Equities fund managed by Huber Funds. Over the past 10 years, HULIX returned 12.69%/yr vs 8.64%/yr for HUMDX. Their correlation of 0.86 suggests significant overlap in exposure. HULIX charges 1.39%/yr vs 1.40%/yr for HUMDX.

Performance

HULIX vs. HUMDX - Performance Comparison

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

Returns By Period

In the year-to-date period, HULIX achieves a 3.46% return, which is significantly lower than HUMDX's 12.95% return. Over the past 10 years, HULIX has outperformed HUMDX with an annualized return of 12.69%, while HUMDX has yielded a comparatively lower 8.64% annualized return.

HULIX

• 1D: -0.03%
• 1M: 0.14%
• YTD: 3.46%
• 6M: 2.82%
• 1Y: 11.66%
• 3Y*: 14.13%
• 5Y*: 11.21%
• 10Y*: 12.69%

HUMDX

• 1D: 0.71%
• 1M: 3.04%
• YTD: 12.95%
• 6M: 11.63%
• 1Y: 30.59%
• 3Y*: 15.70%
• 5Y*: 6.81%
• 10Y*: 8.64%

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

HULIX vs. HUMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HULIX Huber Select Large Cap Value Fund	3.46%	8.99%	15.96%	19.96%	-3.55%	32.72%	3.47%	34.12%	-13.79%	19.54%
HUMDX Huber Mid Cap Value Fund	12.95%	7.65%	13.40%	10.56%	-7.13%	26.51%	-8.19%	25.70%	-18.40%	15.04%

Correlation

The correlation between HULIX and HUMDX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.86

The correlation between HULIX and HUMDX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

HULIX vs. HUMDX — Risk / Return Rank

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

HULIX

HULIX Risk / Return Rank: 19
HULIX Sharpe Ratio Rank: 16
HULIX Sortino Ratio Rank: 17
HULIX Omega Ratio Rank: 15
HULIX Calmar Ratio Rank: 27
HULIX Martin Ratio Rank: 21

HUMDX

HUMDX Risk / Return Rank: 50
HUMDX Sharpe Ratio Rank: 49
HUMDX Sortino Ratio Rank: 47
HUMDX Omega Ratio Rank: 44
HUMDX Calmar Ratio Rank: 59
HUMDX Martin Ratio Rank: 50

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. HUMDX - Risk-Adjusted Trends Comparison

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

	HULIX	HUMDX	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.91	-0.85
Sortino ratio: Return per unit of downside risk	1.58	2.67	-1.09
Omega ratio: Gain probability vs. loss probability	1.19	1.33	-0.15
Calmar ratio: Return relative to maximum drawdown	1.80	2.81	-1.01
Martin ratio: Return relative to average drawdown	4.87	9.72	-4.85

HULIX vs. HUMDX - Sharpe Ratio Comparison

The current HULIX Sharpe Ratio is 1.06, which is lower than the HUMDX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of HULIX and HUMDX, 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

HULIX vs. HUMDX - Drawdown Comparison

The maximum HULIX drawdown since its inception was -70.36%, which is greater than HUMDX's maximum drawdown of -50.39%. Use the drawdown chart below to compare losses from any high point for HULIX and HUMDX.

Drawdown Indicators

	HULIX	HUMDX	Difference
Max Drawdown Largest peak-to-trough decline	-70.36%	-50.39%	-19.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-10.87%	+4.05%
Max Drawdown (3Y) Largest decline over 3 years	-17.14%	-25.16%	+8.02%
Max Drawdown (5Y) Largest decline over 5 years	-17.14%	-25.16%	+8.02%
Max Drawdown (10Y) Largest decline over 10 years	-35.41%	-50.39%	+14.98%
Current Drawdown Current decline from peak	-2.20%	-0.99%	-1.21%
Average Drawdown Average peak-to-trough decline	-10.74%	-8.84%	-1.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.14%	-0.63%

Volatility

HULIX vs. HUMDX - Volatility Comparison

The current volatility for Huber Select Large Cap Value Fund (HULIX) is 3.60%, while Huber Mid Cap Value Fund (HUMDX) has a volatility of 4.42%. This indicates that HULIX experiences smaller price fluctuations and is considered to be less risky than HUMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HULIX	HUMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	4.42%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	8.62%	11.61%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	11.55%	16.02%	-4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.73%	20.44%	-4.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	22.52%	-3.96%

HULIX vs. HUMDX - Expense Ratio Comparison

HULIX has a 1.39% expense ratio, which is lower than HUMDX's 1.40% expense ratio.

Dividends

HULIX vs. HUMDX - Dividend Comparison

HULIX's dividend yield for the trailing twelve months is around 1.13%, more than HUMDX's 0.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HULIX Huber Select Large Cap Value Fund	1.13%	1.17%	0.93%	0.74%	0.65%	0.30%	1.72%	0.73%	1.37%	0.64%	1.26%	1.00%
HUMDX Huber Mid Cap Value Fund	0.68%	0.76%	1.02%	1.14%	2.01%	0.95%	0.66%	0.00%	1.16%	0.61%	2.34%	0.00%

Frequently Asked Questions

Can I hold both HULIX and HUMDX in my portfolio?

HULIX and HUMDX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HULIX or HUMDX?

HUMDX has higher volatility (4.42%) compared to HULIX (3.60%). In terms of maximum drawdown, HULIX dropped -70.36% vs HUMDX's -50.39%.

Which has better risk-adjusted returns?

HUMDX currently has the higher Sharpe Ratio (1.91 vs 1.06), 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.