HWAIX vs. RIDAX
Compare and contrast key facts about Hotchkis & Wiley Value Opportunities Fund (HWAIX) and The Income Fund of America Class R-1 (RIDAX).
HWAIX is managed by Hotchkis & Wiley. It was launched on Dec 31, 2002. RIDAX is an actively managed fund by American Funds. It was launched on Dec 1, 1973.
Performance
HWAIX vs. RIDAX - Performance Comparison
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HWAIX vs. RIDAX - 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% |
RIDAX The Income Fund of America Class R-1 | 1.29% | 16.83% | 9.49% | 6.16% | -7.14% | 16.47% | 3.68% | 17.57% | -6.06% | 11.86% |
Returns By Period
In the year-to-date period, HWAIX achieves a -1.57% return, which is significantly lower than RIDAX's 1.29% return. Over the past 10 years, HWAIX has outperformed RIDAX with an annualized return of 12.42%, while RIDAX has yielded a comparatively lower 7.35% 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%
RIDAX
- 1D
- 0.23%
- 1M
- -5.77%
- YTD
- 1.29%
- 6M
- 3.84%
- 1Y
- 13.29%
- 3Y*
- 10.98%
- 5Y*
- 7.05%
- 10Y*
- 7.35%
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HWAIX vs. RIDAX - Expense Ratio Comparison
HWAIX has a 0.94% expense ratio, which is lower than RIDAX's 1.36% expense ratio.
Return for Risk
HWAIX vs. RIDAX — Risk / Return Rank
HWAIX
RIDAX
HWAIX vs. RIDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Value Opportunities Fund (HWAIX) and The Income Fund of America Class R-1 (RIDAX). 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 | RIDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.46 | -0.88 |
Sortino ratioReturn per unit of downside risk | 0.91 | 2.01 | -1.10 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.30 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 1.58 | -0.92 |
Martin ratioReturn relative to average drawdown | 2.84 | 7.44 | -4.60 |
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 | RIDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.46 | -0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.75 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.69 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.67 | -0.10 |
Correlation
The correlation between HWAIX and RIDAX is 0.82, 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. RIDAX - Dividend Comparison
HWAIX's dividend yield for the trailing twelve months is around 3.75%, less than RIDAX's 9.14% 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% |
RIDAX The Income Fund of America Class R-1 | 9.14% | 9.24% | 5.14% | 2.38% | 6.20% | 5.92% | 2.09% | 4.25% | 6.58% | 3.68% | 2.32% | 4.26% |
Drawdowns
HWAIX vs. RIDAX - Drawdown Comparison
The maximum HWAIX drawdown since its inception was -41.28%, roughly equal to the maximum RIDAX drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for HWAIX and RIDAX.
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Drawdown Indicators
| HWAIX | RIDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.28% | -42.37% | +1.09% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -8.25% | -4.93% |
Max Drawdown (5Y)Largest decline over 5 years | -23.87% | -16.28% | -7.59% |
Max Drawdown (10Y)Largest decline over 10 years | -41.28% | -26.22% | -15.06% |
Current DrawdownCurrent decline from peak | -5.20% | -5.77% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -4.42% | -1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 1.76% | +1.31% |
Volatility
HWAIX vs. RIDAX - Volatility Comparison
Hotchkis & Wiley Value Opportunities Fund (HWAIX) has a higher volatility of 3.38% compared to The Income Fund of America Class R-1 (RIDAX) at 2.91%. This indicates that HWAIX's price experiences larger fluctuations and is considered to be riskier than RIDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWAIX | RIDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 2.91% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 5.47% | +4.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.09% | 9.48% | +8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 9.46% | +8.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 10.67% | +8.80% |