HWHIX vs. FOCIX
Compare and contrast key facts about Hotchkis & Wiley High Yield Fund (HWHIX) and Fairholme Focused Income Fund (FOCIX).
HWHIX is managed by Hotchkis & Wiley. It was launched on Mar 31, 2009. FOCIX is managed by Fairholme. It was launched on Dec 31, 2009.
Performance
HWHIX vs. FOCIX - Performance Comparison
Loading graphics...
HWHIX vs. FOCIX - 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% |
FOCIX Fairholme Focused Income Fund | 6.93% | 6.17% | 14.67% | 12.58% | 6.00% | 6.73% | 0.99% | 7.44% | -6.88% | -0.54% |
Returns By Period
In the year-to-date period, HWHIX achieves a -1.84% return, which is significantly lower than FOCIX's 6.93% return. Over the past 10 years, HWHIX has underperformed FOCIX with an annualized return of 4.28%, while FOCIX has yielded a comparatively higher 8.24% 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%
FOCIX
- 1D
- 0.19%
- 1M
- 1.18%
- YTD
- 6.93%
- 6M
- 6.35%
- 1Y
- 9.02%
- 3Y*
- 11.77%
- 5Y*
- 10.04%
- 10Y*
- 8.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HWHIX vs. FOCIX - Expense Ratio Comparison
HWHIX has a 0.70% expense ratio, which is lower than FOCIX's 1.00% expense ratio.
Return for Risk
HWHIX vs. FOCIX — Risk / Return Rank
HWHIX
FOCIX
HWHIX vs. FOCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley High Yield Fund (HWHIX) and Fairholme Focused Income Fund (FOCIX). 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 | FOCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.98 | +0.37 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.38 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.19 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.18 | +0.34 |
Martin ratioReturn relative to average drawdown | 6.11 | 4.79 | +1.32 |
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
| HWHIX | FOCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.98 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 1.04 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.90 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.80 | -0.04 |
Correlation
The correlation between HWHIX and FOCIX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HWHIX vs. FOCIX - Dividend Comparison
HWHIX's dividend yield for the trailing twelve months is around 5.89%, more than FOCIX's 1.23% 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% |
FOCIX Fairholme Focused Income Fund | 1.23% | 1.31% | 2.46% | 2.82% | 2.24% | 1.12% | 0.65% | 2.75% | 4.57% | 9.83% | 5.16% | 5.51% |
Drawdowns
HWHIX vs. FOCIX - Drawdown Comparison
The maximum HWHIX drawdown since its inception was -23.03%, which is greater than FOCIX's maximum drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for HWHIX and FOCIX.
Loading graphics...
Drawdown Indicators
| HWHIX | FOCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.03% | -18.78% | -4.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.14% | -7.45% | +4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -15.02% | -12.36% | -2.66% |
Max Drawdown (10Y)Largest decline over 10 years | -23.03% | -18.61% | -4.42% |
Current DrawdownCurrent decline from peak | -2.45% | -0.58% | -1.87% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -4.81% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 1.84% | -1.06% |
Volatility
HWHIX vs. FOCIX - Volatility Comparison
The current volatility for Hotchkis & Wiley High Yield Fund (HWHIX) is 1.42%, while Fairholme Focused Income Fund (FOCIX) has a volatility of 2.49%. This indicates that HWHIX experiences smaller price fluctuations and is considered to be less risky than FOCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HWHIX | FOCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 2.49% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.39% | 5.63% | -3.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 9.26% | -5.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.65% | 9.73% | -5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.10% | 9.18% | -4.08% |