Correlation
The correlation between HWHIX and PTRB is 0.22, 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.
HWHIX vs. PTRB
Compare and contrast key facts about Hotchkis & Wiley High Yield Fund (HWHIX) and PGIM Total Return Bond ETF (PTRB).
HWHIX is managed by Hotchkis & Wiley. It was launched on Mar 31, 2009. PTRB is an actively managed fund by PGIM. It was launched on Dec 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HWHIX or PTRB.
Performance
HWHIX vs. PTRB - Performance Comparison
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Key characteristics
HWHIX:
1.87
PTRB:
0.90
HWHIX:
2.54
PTRB:
1.22
HWHIX:
1.41
PTRB:
1.15
HWHIX:
1.63
PTRB:
0.47
HWHIX:
7.10
PTRB:
2.35
HWHIX:
0.94%
PTRB:
1.93%
HWHIX:
3.76%
PTRB:
5.40%
HWHIX:
-23.03%
PTRB:
-19.17%
HWHIX:
-0.76%
PTRB:
-4.75%
Returns By Period
In the year-to-date period, HWHIX achieves a 1.20% return, which is significantly lower than PTRB's 1.44% return.
HWHIX
1.20%
1.39%
1.50%
6.97%
6.80%
7.06%
4.11%
PTRB
1.44%
-0.41%
1.21%
4.84%
2.21%
N/A
N/A
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HWHIX vs. PTRB - Expense Ratio Comparison
HWHIX has a 0.70% expense ratio, which is higher than PTRB's 0.49% expense ratio.
Risk-Adjusted Performance
HWHIX vs. PTRB — Risk-Adjusted Performance Rank
HWHIX
PTRB
HWHIX vs. PTRB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley High Yield Fund (HWHIX) and PGIM Total Return Bond ETF (PTRB). 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.
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Dividends
HWHIX vs. PTRB - Dividend Comparison
HWHIX's dividend yield for the trailing twelve months is around 6.29%, more than PTRB's 5.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWHIX Hotchkis & Wiley High Yield Fund | 6.29% | 6.28% | 5.72% | 5.51% | 4.49% | 5.47% | 5.92% | 6.24% | 5.97% | 6.29% | 7.69% | 6.79% |
PTRB PGIM Total Return Bond ETF | 5.04% | 5.10% | 4.62% | 4.07% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HWHIX vs. PTRB - Drawdown Comparison
The maximum HWHIX drawdown since its inception was -23.03%, which is greater than PTRB's maximum drawdown of -19.17%. Use the drawdown chart below to compare losses from any high point for HWHIX and PTRB.
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Volatility
HWHIX vs. PTRB - Volatility Comparison
The current volatility for Hotchkis & Wiley High Yield Fund (HWHIX) is 1.03%, while PGIM Total Return Bond ETF (PTRB) has a volatility of 1.59%. This indicates that HWHIX experiences smaller price fluctuations and is considered to be less risky than PTRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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