HUMDX vs. HUDIX

Last updated Jun 24, 2026

HUMDX (Huber Mid Cap Value Fund) and HUDIX (Huber Large Cap Value Fund) are both mutual funds - HUMDX is a Small Cap Value Equities fund managed by Huber Funds, while HUDIX is a Large Cap Value Equities fund managed by Huber Funds. Over the past 10 years, HUMDX returned 8.64%/yr vs 11.01%/yr for HUDIX. Their correlation of 0.88 suggests significant overlap in exposure. HUMDX charges 1.40%/yr vs 1.15%/yr for HUDIX.

Performance

HUMDX vs. HUDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Huber Mid Cap Value Fund (HUMDX) 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, HUMDX achieves a 12.95% return, which is significantly higher than HUDIX's 5.32% return. Over the past 10 years, HUMDX has underperformed HUDIX with an annualized return of 8.64%, while HUDIX has yielded a comparatively higher 11.01% annualized return.

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%

HUDIX

• 1D: 0.15%
• 1M: 1.29%
• YTD: 5.32%
• 6M: 4.64%
• 1Y: 16.41%
• 3Y*: 15.61%
• 5Y*: 10.29%
• 10Y*: 11.01%

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

HUMDX vs. HUDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
HUDIX Huber Large Cap Value Fund	5.32%	10.58%	21.95%	10.85%	-2.96%	23.20%	-3.50%	30.44%	-13.48%	21.24%

Correlation

The correlation between HUMDX and HUDIX is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.88

The correlation between HUMDX and HUDIX has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

Return for Risk

HUMDX vs. HUDIX — Risk / Return Rank

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

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

HUDIX

HUDIX Risk / Return Rank: 38
HUDIX Sharpe Ratio Rank: 29
HUDIX Sortino Ratio Rank: 31
HUDIX Omega Ratio Rank: 27
HUDIX Calmar Ratio Rank: 57
HUDIX Martin Ratio Rank: 47

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.

HUMDX vs. HUDIX - Risk-Adjusted Trends Comparison

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

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.

	HUMDX	HUDIX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.43	+0.48
Sortino ratio: Return per unit of downside risk	2.67	2.14	+0.53
Omega ratio: Gain probability vs. loss probability	1.33	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	2.81	2.76	+0.05
Martin ratio: Return relative to average drawdown	9.72	9.21	+0.51

HUMDX vs. HUDIX - Sharpe Ratio Comparison

The current HUMDX Sharpe Ratio is 1.91, which is higher than the HUDIX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of HUMDX 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.

Drawdowns

HUMDX vs. HUDIX - Drawdown Comparison

The maximum HUMDX drawdown since its inception was -50.39%, which is greater than HUDIX's maximum drawdown of -37.14%. Use the drawdown chart below to compare losses from any high point for HUMDX and HUDIX.

Drawdown Indicators

	HUMDX	HUDIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.39%	-37.14%	-13.25%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-6.13%	-4.74%
Max Drawdown (3Y) Largest decline over 3 years	-25.16%	-18.86%	-6.30%
Max Drawdown (5Y) Largest decline over 5 years	-25.16%	-18.86%	-6.30%
Max Drawdown (10Y) Largest decline over 10 years	-50.39%	-37.14%	-13.25%
Current Drawdown Current decline from peak	-0.99%	-2.06%	+1.07%
Average Drawdown Average peak-to-trough decline	-8.84%	-4.82%	-4.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	1.83%	+1.31%

Volatility

HUMDX vs. HUDIX - Volatility Comparison

Huber Mid Cap Value Fund (HUMDX) has a higher volatility of 4.42% compared to Huber Large Cap Value Fund (HUDIX) at 3.86%. This indicates that HUMDX'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

	HUMDX	HUDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	3.86%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	11.61%	8.87%	+2.74%
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	11.84%	+4.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.44%	16.17%	+4.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.52%	18.50%	+4.02%

HUMDX vs. HUDIX - Expense Ratio Comparison

HUMDX has a 1.40% expense ratio, which is higher than HUDIX's 1.15% expense ratio.

Dividends

HUMDX vs. HUDIX - Dividend Comparison

HUMDX's dividend yield for the trailing twelve months is around 0.68%, less than HUDIX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HUDIX Huber Large Cap Value Fund	1.04%	1.10%	1.09%	1.50%	1.40%	1.14%	1.48%	1.16%	1.53%	1.44%	1.57%	1.28%
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 HUMDX and HUDIX in my portfolio?

HUMDX and HUDIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HUMDX or HUDIX?

HUMDX has higher volatility (4.42%) compared to HUDIX (3.86%). In terms of maximum drawdown, HUMDX dropped -50.39% vs HUDIX's -37.14%.

Which has better risk-adjusted returns?

HUMDX currently has the higher Sharpe Ratio (1.91 vs 1.43), 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.