HWGIX vs. GMGEX
Compare and contrast key facts about Hotchkis & Wiley Global Value Fund (HWGIX) and GMO Global Equity Allocation Fund (GMGEX).
HWGIX is managed by Hotchkis & Wiley. It was launched on Dec 30, 2012. GMGEX is managed by GMO. It was launched on Nov 25, 1996.
Performance
HWGIX vs. GMGEX - Performance Comparison
Loading graphics...
HWGIX vs. GMGEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWGIX Hotchkis & Wiley Global Value Fund | -3.19% | 23.76% | 9.46% | 28.00% | -11.65% | 26.67% | -0.59% | 24.57% | -16.08% | 16.73% |
GMGEX GMO Global Equity Allocation Fund | 3.72% | 29.14% | 4.12% | 22.27% | -17.07% | 14.99% | 9.55% | 25.45% | -13.04% | 26.39% |
Returns By Period
In the year-to-date period, HWGIX achieves a -3.19% return, which is significantly lower than GMGEX's 3.72% return. Both investments have delivered pretty close results over the past 10 years, with HWGIX having a 10.10% annualized return and GMGEX not far behind at 9.93%.
HWGIX
- 1D
- 2.02%
- 1M
- -5.60%
- YTD
- -3.19%
- 6M
- 0.49%
- 1Y
- 13.00%
- 3Y*
- 16.17%
- 5Y*
- 9.86%
- 10Y*
- 10.10%
GMGEX
- 1D
- 2.68%
- 1M
- -5.76%
- YTD
- 3.72%
- 6M
- 10.13%
- 1Y
- 30.15%
- 3Y*
- 16.98%
- 5Y*
- 8.06%
- 10Y*
- 9.93%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HWGIX vs. GMGEX - Expense Ratio Comparison
HWGIX has a 0.95% expense ratio, which is higher than GMGEX's 0.01% expense ratio.
Return for Risk
HWGIX vs. GMGEX — Risk / Return Rank
HWGIX
GMGEX
HWGIX vs. GMGEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Global Value Fund (HWGIX) and GMO Global Equity Allocation Fund (GMGEX). 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.
| HWGIX | GMGEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 1.94 | -1.17 |
Sortino ratioReturn per unit of downside risk | 1.18 | 2.63 | -1.45 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.39 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 2.59 | -1.53 |
Martin ratioReturn relative to average drawdown | 4.11 | 11.30 | -7.19 |
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
| HWGIX | GMGEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.94 | -1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.55 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.62 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.22 | +0.28 |
Correlation
The correlation between HWGIX and GMGEX is 0.88, 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
HWGIX vs. GMGEX - Dividend Comparison
HWGIX's dividend yield for the trailing twelve months is around 9.95%, more than GMGEX's 4.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWGIX Hotchkis & Wiley Global Value Fund | 9.95% | 9.63% | 15.10% | 11.01% | 3.92% | 0.68% | 1.49% | 2.56% | 10.34% | 5.50% | 0.80% | 7.06% |
GMGEX GMO Global Equity Allocation Fund | 4.52% | 4.69% | 0.29% | 5.62% | 7.81% | 7.76% | 3.83% | 3.14% | 3.14% | 2.90% | 3.71% | 4.20% |
Drawdowns
HWGIX vs. GMGEX - Drawdown Comparison
The maximum HWGIX drawdown since its inception was -46.71%, smaller than the maximum GMGEX drawdown of -58.47%. Use the drawdown chart below to compare losses from any high point for HWGIX and GMGEX.
Loading graphics...
Drawdown Indicators
| HWGIX | GMGEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.71% | -58.47% | +11.76% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -11.62% | -0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -28.63% | -28.58% | -0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -46.71% | -34.98% | -11.73% |
Current DrawdownCurrent decline from peak | -7.89% | -6.81% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -16.84% | +10.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.66% | +0.50% |
Volatility
HWGIX vs. GMGEX - Volatility Comparison
The current volatility for Hotchkis & Wiley Global Value Fund (HWGIX) is 5.00%, while GMO Global Equity Allocation Fund (GMGEX) has a volatility of 6.09%. This indicates that HWGIX experiences smaller price fluctuations and is considered to be less risky than GMGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HWGIX | GMGEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.00% | 6.09% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.63% | 9.78% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.00% | 15.72% | +1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 14.74% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 16.02% | +4.70% |