HWAIX vs. VBR
Compare and contrast key facts about Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Vanguard Small-Cap Value ETF (VBR).
HWAIX is managed by Hotchkis & Wiley. It was launched on Dec 31, 2002. VBR is a passively managed fund by Vanguard that tracks the performance of the CRSP US Small Cap Value Index. It was launched on Jan 26, 2004.
Performance
HWAIX vs. VBR - Performance Comparison
Loading graphics...
HWAIX vs. VBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWAIX Hotchkis & Wiley Value Opportunities Fund | -0.07% | 14.56% | 11.59% | 26.74% | -7.88% | 34.33% | 5.35% | 25.62% | -11.01% | 13.82% |
VBR Vanguard Small-Cap Value ETF | 3.59% | 9.09% | 12.40% | 16.00% | -9.38% | 28.08% | 5.90% | 22.78% | -12.28% | 11.81% |
Returns By Period
In the year-to-date period, HWAIX achieves a -0.07% return, which is significantly lower than VBR's 3.59% return. Over the past 10 years, HWAIX has outperformed VBR with an annualized return of 12.59%, while VBR has yielded a comparatively lower 10.14% annualized return.
HWAIX
- 1D
- 1.53%
- 1M
- -0.48%
- YTD
- -0.07%
- 6M
- 0.35%
- 1Y
- 11.78%
- 3Y*
- 14.48%
- 5Y*
- 10.58%
- 10Y*
- 12.59%
VBR
- 1D
- 0.41%
- 1M
- -4.79%
- YTD
- 3.59%
- 6M
- 5.25%
- 1Y
- 19.13%
- 3Y*
- 13.58%
- 5Y*
- 7.64%
- 10Y*
- 10.14%
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. VBR - Expense Ratio Comparison
HWAIX has a 0.94% expense ratio, which is higher than VBR's 0.07% expense ratio.
Return for Risk
HWAIX vs. VBR — Risk / Return Rank
HWAIX
VBR
HWAIX vs. VBR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Value Opportunities Fund (HWAIX) and Vanguard Small-Cap Value ETF (VBR). 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 | VBR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.66 | 0.93 | -0.27 |
Sortino ratioReturn per unit of downside risk | 1.02 | 1.43 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.37 | -0.45 |
Martin ratioReturn relative to average drawdown | 3.93 | 5.62 | -1.69 |
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 | VBR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.66 | 0.93 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.39 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.47 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.40 | +0.17 |
Correlation
The correlation between HWAIX and VBR is 0.89, 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. VBR - Dividend Comparison
HWAIX's dividend yield for the trailing twelve months is around 3.69%, more than VBR's 1.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWAIX Hotchkis & Wiley Value Opportunities Fund | 3.69% | 3.69% | 10.07% | 8.39% | 2.54% | 13.72% | 2.52% | 2.35% | 11.39% | 3.19% | 2.22% | 17.20% |
VBR Vanguard Small-Cap Value ETF | 1.90% | 1.95% | 1.98% | 2.12% | 2.03% | 1.75% | 1.68% | 2.06% | 2.35% | 1.79% | 1.77% | 1.99% |
Drawdowns
HWAIX vs. VBR - Drawdown Comparison
The maximum HWAIX drawdown since its inception was -41.28%, smaller than the maximum VBR drawdown of -61.98%. Use the drawdown chart below to compare losses from any high point for HWAIX and VBR.
Loading graphics...
Drawdown Indicators
| HWAIX | VBR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.28% | -61.98% | +20.70% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -14.18% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -23.87% | -24.19% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -41.28% | -45.28% | +4.00% |
Current DrawdownCurrent decline from peak | -3.76% | -5.75% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -8.32% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 3.46% | -0.38% |
Volatility
HWAIX vs. VBR - Volatility Comparison
The current volatility for Hotchkis & Wiley Value Opportunities Fund (HWAIX) is 3.74%, while Vanguard Small-Cap Value ETF (VBR) has a volatility of 5.40%. This indicates that HWAIX experiences smaller price fluctuations and is considered to be less risky than VBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HWAIX | VBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 5.40% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.12% | 11.29% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.11% | 20.64% | -2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.13% | 19.85% | -1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 21.73% | -2.26% |