HWLIX vs. AVLV
Compare and contrast key facts about Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Avantis U.S. Large Cap Value ETF (AVLV).
HWLIX is managed by Hotchkis & Wiley. It was launched on Jun 24, 1987. AVLV is a passively managed fund by American Century that tracks the performance of the Russell 1000 Value Index. It was launched on Sep 21, 2021.
Performance
HWLIX vs. AVLV - Performance Comparison
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HWLIX vs. AVLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HWLIX Hotchkis & Wiley Large Cap Value Fund | 0.36% | 18.06% | 12.80% | 16.92% | -5.31% | 4.40% |
AVLV Avantis U.S. Large Cap Value ETF | 7.15% | 15.12% | 17.49% | 17.43% | -5.53% | 5.92% |
Returns By Period
In the year-to-date period, HWLIX achieves a 0.36% return, which is significantly lower than AVLV's 7.15% return.
HWLIX
- 1D
- 1.87%
- 1M
- -2.84%
- YTD
- 0.36%
- 6M
- 4.82%
- 1Y
- 15.71%
- 3Y*
- 15.04%
- 5Y*
- 9.76%
- 10Y*
- 11.49%
AVLV
- 1D
- 0.43%
- 1M
- -3.05%
- YTD
- 7.15%
- 6M
- 12.61%
- 1Y
- 25.38%
- 3Y*
- 18.44%
- 5Y*
- —
- 10Y*
- —
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HWLIX vs. AVLV - Expense Ratio Comparison
HWLIX has a 0.95% expense ratio, which is higher than AVLV's 0.15% expense ratio.
Return for Risk
HWLIX vs. AVLV — Risk / Return Rank
HWLIX
AVLV
HWLIX vs. AVLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Avantis U.S. Large Cap Value ETF (AVLV). 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.
| HWLIX | AVLV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 1.37 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.95 | -0.68 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.30 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.87 | -0.68 |
Martin ratioReturn relative to average drawdown | 5.15 | 8.98 | -3.83 |
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
| HWLIX | AVLV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 1.37 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.72 | -0.29 |
Correlation
The correlation between HWLIX and AVLV is 0.91, 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
HWLIX vs. AVLV - Dividend Comparison
HWLIX's dividend yield for the trailing twelve months is around 8.09%, more than AVLV's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWLIX Hotchkis & Wiley Large Cap Value Fund | 8.09% | 8.12% | 11.29% | 11.12% | 8.48% | 0.86% | 1.65% | 1.62% | 3.55% | 1.67% | 1.94% | 1.59% |
AVLV Avantis U.S. Large Cap Value ETF | 1.20% | 1.33% | 1.58% | 1.85% | 2.00% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HWLIX vs. AVLV - Drawdown Comparison
The maximum HWLIX drawdown since its inception was -70.48%, which is greater than AVLV's maximum drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for HWLIX and AVLV.
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Drawdown Indicators
| HWLIX | AVLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.48% | -19.50% | -50.98% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -13.79% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.72% | — | — |
Current DrawdownCurrent decline from peak | -4.18% | -3.85% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -4.06% | -6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.87% | +0.36% |
Volatility
HWLIX vs. AVLV - Volatility Comparison
The current volatility for Hotchkis & Wiley Large Cap Value Fund (HWLIX) is 4.11%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 4.75%. This indicates that HWLIX experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWLIX | AVLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 4.75% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 10.09% | 9.86% | +0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 18.66% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.27% | 17.54% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 17.54% | +4.06% |