HWGIX vs. GWOAX
Compare and contrast key facts about Hotchkis & Wiley Global Value Fund (HWGIX) and GMO Global Developed Equity Allocation Fund (GWOAX).
HWGIX is managed by Hotchkis & Wiley. It was launched on Dec 30, 2012. GWOAX is managed by GMO. It was launched on Jun 15, 2005.
Performance
HWGIX vs. GWOAX - Performance Comparison
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HWGIX vs. GWOAX - 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% |
GWOAX GMO Global Developed Equity Allocation Fund | 3.10% | 28.37% | 6.14% | 22.49% | -14.10% | 18.53% | 10.53% | 26.56% | -12.95% | 25.63% |
Returns By Period
In the year-to-date period, HWGIX achieves a -3.19% return, which is significantly lower than GWOAX's 3.10% return. Over the past 10 years, HWGIX has underperformed GWOAX with an annualized return of 10.10%, while GWOAX has yielded a comparatively higher 11.04% annualized return.
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%
GWOAX
- 1D
- 2.74%
- 1M
- -5.28%
- YTD
- 3.10%
- 6M
- 9.71%
- 1Y
- 28.87%
- 3Y*
- 17.19%
- 5Y*
- 9.50%
- 10Y*
- 11.04%
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HWGIX vs. GWOAX - Expense Ratio Comparison
HWGIX has a 0.95% expense ratio, which is higher than GWOAX's 0.01% expense ratio.
Return for Risk
HWGIX vs. GWOAX — Risk / Return Rank
HWGIX
GWOAX
HWGIX vs. GWOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Global Value Fund (HWGIX) and GMO Global Developed Equity Allocation Fund (GWOAX). 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 | GWOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 1.83 | -1.06 |
Sortino ratioReturn per unit of downside risk | 1.18 | 2.51 | -1.33 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.37 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 2.52 | -1.46 |
Martin ratioReturn relative to average drawdown | 4.11 | 11.23 | -7.12 |
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
| HWGIX | GWOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.83 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.63 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.67 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.44 | +0.06 |
Correlation
The correlation between HWGIX and GWOAX 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
HWGIX vs. GWOAX - Dividend Comparison
HWGIX's dividend yield for the trailing twelve months is around 9.95%, more than GWOAX's 4.33% 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% |
GWOAX GMO Global Developed Equity Allocation Fund | 4.33% | 4.46% | 0.60% | 6.10% | 7.27% | 12.75% | 3.85% | 4.33% | 3.02% | 3.05% | 6.43% | 12.47% |
Drawdowns
HWGIX vs. GWOAX - Drawdown Comparison
The maximum HWGIX drawdown since its inception was -46.71%, smaller than the maximum GWOAX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for HWGIX and GWOAX.
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Drawdown Indicators
| HWGIX | GWOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.71% | -49.84% | +3.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -11.43% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -28.63% | -26.21% | -2.42% |
Max Drawdown (10Y)Largest decline over 10 years | -46.71% | -35.28% | -11.43% |
Current DrawdownCurrent decline from peak | -7.89% | -6.28% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -6.75% | -9.06% | +2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.56% | +0.60% |
Volatility
HWGIX vs. GWOAX - Volatility Comparison
The current volatility for Hotchkis & Wiley Global Value Fund (HWGIX) is 5.00%, while GMO Global Developed Equity Allocation Fund (GWOAX) has a volatility of 5.89%. This indicates that HWGIX experiences smaller price fluctuations and is considered to be less risky than GWOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWGIX | GWOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.00% | 5.89% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 9.63% | 9.70% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.00% | 15.92% | +1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 15.21% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 16.48% | +4.24% |