HWAIX vs. TOWFX
Compare and contrast key facts about Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Towpath Focus Fund (TOWFX).
HWAIX is managed by Hotchkis & Wiley. It was launched on Dec 31, 2002. TOWFX is managed by Oelschlager Investments. It was launched on Dec 31, 2019.
Performance
HWAIX vs. TOWFX - Performance Comparison
Loading graphics...
HWAIX vs. TOWFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HWAIX Hotchkis & Wiley Value Opportunities Fund | -1.57% | 14.56% | 11.59% | 26.74% | -7.88% | 34.33% | 5.35% |
TOWFX Towpath Focus Fund | 2.10% | 23.51% | 13.22% | 12.33% | -2.06% | 26.52% | 19.46% |
Returns By Period
In the year-to-date period, HWAIX achieves a -1.57% return, which is significantly lower than TOWFX's 2.10% 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%
TOWFX
- 1D
- 0.15%
- 1M
- -4.47%
- YTD
- 2.10%
- 6M
- 9.07%
- 1Y
- 20.28%
- 3Y*
- 17.02%
- 5Y*
- 11.64%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HWAIX vs. TOWFX - Expense Ratio Comparison
HWAIX has a 0.94% expense ratio, which is lower than TOWFX's 1.11% expense ratio.
Return for Risk
HWAIX vs. TOWFX — Risk / Return Rank
HWAIX
TOWFX
HWAIX vs. TOWFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Towpath Focus Fund (TOWFX). 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 | TOWFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.76 | -1.18 |
Sortino ratioReturn per unit of downside risk | 0.91 | 2.42 | -1.51 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.35 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 2.07 | -1.41 |
Martin ratioReturn relative to average drawdown | 2.84 | 10.75 | -7.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HWAIX | TOWFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.76 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.01 | +0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.02 | +0.55 |
Correlation
The correlation between HWAIX and TOWFX is 0.86, 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. TOWFX - Dividend Comparison
HWAIX's dividend yield for the trailing twelve months is around 3.75%, more than TOWFX's 1.79% 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% |
TOWFX Towpath Focus Fund | 1.79% | 1.82% | 1.49% | 2.81% | 2.05% | 5.69% | 5.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HWAIX vs. TOWFX - Drawdown Comparison
The maximum HWAIX drawdown since its inception was -41.28%, smaller than the maximum TOWFX drawdown of -96.18%. Use the drawdown chart below to compare losses from any high point for HWAIX and TOWFX.
Loading graphics...
Drawdown Indicators
| HWAIX | TOWFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.28% | -96.18% | +54.90% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -9.39% | -3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -23.87% | -96.18% | +72.31% |
Max Drawdown (10Y)Largest decline over 10 years | -41.28% | — | — |
Current DrawdownCurrent decline from peak | -5.20% | -94.95% | +89.75% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -21.04% | +15.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 1.81% | +1.26% |
Volatility
HWAIX vs. TOWFX - Volatility Comparison
Hotchkis & Wiley Value Opportunities Fund (HWAIX) has a higher volatility of 3.38% compared to Towpath Focus Fund (TOWFX) at 2.60%. This indicates that HWAIX's price experiences larger fluctuations and is considered to be riskier than TOWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HWAIX | TOWFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 2.60% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 6.60% | +3.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.09% | 11.95% | +6.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 1,084.26% | -1,066.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 971.53% | -952.06% |