HWHIX vs. FHYSX
Compare and contrast key facts about Hotchkis & Wiley High Yield Fund (HWHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX).
HWHIX is managed by Hotchkis & Wiley. It was launched on Mar 31, 2009. FHYSX is managed by Federated. It was launched on Dec 24, 2008.
Performance
HWHIX vs. FHYSX - Performance Comparison
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HWHIX vs. FHYSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWHIX Hotchkis & Wiley High Yield Fund | -1.84% | 7.28% | 7.23% | 12.00% | -11.08% | 6.25% | 3.85% | 9.61% | -3.37% | 6.62% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | -1.76% | 9.14% | 6.42% | 12.77% | -13.16% | 4.49% | 6.08% | 15.14% | -2.16% | 8.34% |
Returns By Period
The year-to-date returns for both investments are quite close, with HWHIX having a -1.84% return and FHYSX slightly higher at -1.76%. Over the past 10 years, HWHIX has underperformed FHYSX with an annualized return of 4.28%, while FHYSX has yielded a comparatively higher 5.39% annualized return.
HWHIX
- 1D
- 0.19%
- 1M
- -2.45%
- YTD
- -1.84%
- 6M
- -0.99%
- 1Y
- 4.80%
- 3Y*
- 6.74%
- 5Y*
- 3.31%
- 10Y*
- 4.28%
FHYSX
- 1D
- 0.17%
- 1M
- -2.27%
- YTD
- -1.76%
- 6M
- 0.01%
- 1Y
- 5.88%
- 3Y*
- 7.48%
- 5Y*
- 3.11%
- 10Y*
- 5.39%
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HWHIX vs. FHYSX - Expense Ratio Comparison
HWHIX has a 0.70% expense ratio, which is higher than FHYSX's 0.02% expense ratio.
Return for Risk
HWHIX vs. FHYSX — Risk / Return Rank
HWHIX
FHYSX
HWHIX vs. FHYSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley High Yield Fund (HWHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX). 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.
| HWHIX | FHYSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.67 | -0.33 |
Sortino ratioReturn per unit of downside risk | 1.89 | 2.37 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.45 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.36 | -0.85 |
Martin ratioReturn relative to average drawdown | 6.11 | 9.71 | -3.60 |
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
| HWHIX | FHYSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.67 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.60 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.94 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.85 | -0.10 |
Correlation
The correlation between HWHIX and FHYSX is 0.80, 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
HWHIX vs. FHYSX - Dividend Comparison
HWHIX's dividend yield for the trailing twelve months is around 5.89%, more than FHYSX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWHIX Hotchkis & Wiley High Yield Fund | 5.89% | 6.24% | 6.27% | 4.77% | 4.03% | 4.02% | 5.47% | 5.92% | 6.24% | 4.42% | 0.00% | 0.86% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.82% | 6.28% | 5.84% | 5.30% | 5.27% | 4.54% | 5.74% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% |
Drawdowns
HWHIX vs. FHYSX - Drawdown Comparison
The maximum HWHIX drawdown since its inception was -23.03%, which is greater than FHYSX's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for HWHIX and FHYSX.
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Drawdown Indicators
| HWHIX | FHYSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.03% | -21.45% | -1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -2.50% | -0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -15.02% | -16.93% | +1.91% |
Max Drawdown (10Y)Largest decline over 10 years | -23.03% | -21.45% | -1.58% |
Current DrawdownCurrent decline from peak | -2.45% | -2.27% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -2.61% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 0.61% | +0.17% |
Volatility
HWHIX vs. FHYSX - Volatility Comparison
Hotchkis & Wiley High Yield Fund (HWHIX) has a higher volatility of 1.42% compared to Federated Hermes High-Yield Strategy Portfolio (FHYSX) at 1.24%. This indicates that HWHIX's price experiences larger fluctuations and is considered to be riskier than FHYSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWHIX | FHYSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.24% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.39% | 2.37% | +0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.76% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.65% | 5.20% | -0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.10% | 5.76% | -0.66% |