HWAIX vs. HWVIX
Compare and contrast key facts about Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX).
HWAIX is managed by Hotchkis & Wiley. It was launched on Dec 31, 2002. HWVIX is managed by Hotchkis & Wiley. It was launched on Jun 30, 2014.
Performance
HWAIX vs. HWVIX - Performance Comparison
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HWAIX vs. HWVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWAIX Hotchkis & Wiley Value Opportunities Fund | -1.57% | 14.56% | 11.59% | 26.74% | -7.88% | 34.33% | 5.35% | 25.62% | -11.01% | 13.82% |
HWVIX Hotchkis & Wiley Small Cap Diversified Value Fund | 4.22% | 3.02% | 4.31% | 16.36% | -6.33% | 35.19% | 1.25% | 21.68% | -14.44% | 13.55% |
Returns By Period
In the year-to-date period, HWAIX achieves a -1.57% return, which is significantly lower than HWVIX's 4.22% return. Over the past 10 years, HWAIX has outperformed HWVIX with an annualized return of 12.42%, while HWVIX has yielded a comparatively lower 9.97% annualized return.
HWAIX
- 1D
- 0.30%
- 1M
- -2.29%
- YTD
- -1.57%
- 6M
- -1.32%
- 1Y
- 10.25%
- 3Y*
- 13.90%
- 5Y*
- 10.52%
- 10Y*
- 12.42%
HWVIX
- 1D
- 0.00%
- 1M
- -3.39%
- YTD
- 4.22%
- 6M
- 6.07%
- 1Y
- 16.94%
- 3Y*
- 9.16%
- 5Y*
- 5.76%
- 10Y*
- 9.97%
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HWAIX vs. HWVIX - Expense Ratio Comparison
HWAIX has a 0.94% expense ratio, which is higher than HWVIX's 0.80% expense ratio.
Return for Risk
HWAIX vs. HWVIX — Risk / Return Rank
HWAIX
HWVIX
HWAIX vs. HWVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX). 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.
| HWAIX | HWVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 0.74 | -0.16 |
Sortino ratioReturn per unit of downside risk | 0.91 | 1.19 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.97 | -0.31 |
Martin ratioReturn relative to average drawdown | 2.84 | 3.34 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HWAIX | HWVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 0.74 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.26 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.41 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.34 | +0.23 |
Correlation
The correlation between HWAIX and HWVIX is 0.87, 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.
Dividends
HWAIX vs. HWVIX - Dividend Comparison
HWAIX's dividend yield for the trailing twelve months is around 3.75%, more than HWVIX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWAIX Hotchkis & Wiley Value Opportunities Fund | 3.75% | 3.69% | 10.07% | 8.39% | 2.54% | 13.72% | 2.52% | 2.35% | 11.39% | 3.19% | 2.22% | 17.20% |
HWVIX Hotchkis & Wiley Small Cap Diversified Value Fund | 1.09% | 1.14% | 6.28% | 8.52% | 9.38% | 6.40% | 0.96% | 0.87% | 10.51% | 15.74% | 0.78% | 3.34% |
Drawdowns
HWAIX vs. HWVIX - Drawdown Comparison
The maximum HWAIX drawdown since its inception was -41.28%, smaller than the maximum HWVIX drawdown of -52.18%. Use the drawdown chart below to compare losses from any high point for HWAIX and HWVIX.
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Drawdown Indicators
| HWAIX | HWVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.28% | -52.18% | +10.90% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -14.82% | +1.64% |
Max Drawdown (5Y)Largest decline over 5 years | -23.87% | -27.34% | +3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -41.28% | -52.18% | +10.90% |
Current DrawdownCurrent decline from peak | -5.20% | -6.57% | +1.37% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -8.39% | +2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 4.29% | -1.22% |
Volatility
HWAIX vs. HWVIX - Volatility Comparison
The current volatility for Hotchkis & Wiley Value Opportunities Fund (HWAIX) is 3.38%, while Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) has a volatility of 4.19%. This indicates that HWAIX experiences smaller price fluctuations and is considered to be less risky than HWVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWAIX | HWVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 4.19% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 12.37% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.09% | 23.00% | -4.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 21.83% | -3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 24.48% | -5.01% |