HWLIX vs. HWSAX
Compare and contrast key facts about Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX).
HWLIX is managed by Hotchkis & Wiley. It was launched on Jun 24, 1987. HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000.
Performance
HWLIX vs. HWSAX - Performance Comparison
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HWLIX vs. HWSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWLIX Hotchkis & Wiley Large Cap Value Fund | 0.36% | 18.06% | 12.80% | 16.92% | -5.31% | 28.86% | -0.29% | 29.16% | -14.26% | 18.85% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 9.00% | 1.38% | 4.77% | 18.56% | 2.81% | 35.32% | -0.50% | 20.26% | -15.23% | 7.39% |
Returns By Period
In the year-to-date period, HWLIX achieves a 0.36% return, which is significantly lower than HWSAX's 9.00% return. Over the past 10 years, HWLIX has outperformed HWSAX with an annualized return of 11.49%, while HWSAX has yielded a comparatively lower 9.96% annualized 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%
HWSAX
- 1D
- 1.75%
- 1M
- 0.95%
- YTD
- 9.00%
- 6M
- 7.38%
- 1Y
- 18.60%
- 3Y*
- 10.15%
- 5Y*
- 9.03%
- 10Y*
- 9.96%
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HWLIX vs. HWSAX - Expense Ratio Comparison
HWLIX has a 0.95% expense ratio, which is lower than HWSAX's 1.21% expense ratio.
Return for Risk
HWLIX vs. HWSAX — Risk / Return Rank
HWLIX
HWSAX
HWLIX vs. HWSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). 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 | HWSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.78 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.22 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.17 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.17 | +0.02 |
Martin ratioReturn relative to average drawdown | 5.15 | 4.34 | +0.82 |
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 | HWSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.78 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.42 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.41 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.47 | -0.04 |
Correlation
The correlation between HWLIX and HWSAX is 0.88, 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. HWSAX - Dividend Comparison
HWLIX's dividend yield for the trailing twelve months is around 8.09%, more than HWSAX's 0.64% 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% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 0.64% | 0.69% | 8.19% | 1.79% | 13.39% | 0.22% | 0.63% | 4.62% | 9.45% | 4.80% | 0.00% | 11.67% |
Drawdowns
HWLIX vs. HWSAX - Drawdown Comparison
The maximum HWLIX drawdown since its inception was -70.48%, roughly equal to the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for HWLIX and HWSAX.
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Drawdown Indicators
| HWLIX | HWSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.48% | -72.14% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -16.44% | +2.47% |
Max Drawdown (5Y)Largest decline over 5 years | -24.69% | -26.98% | +2.29% |
Max Drawdown (10Y)Largest decline over 10 years | -46.72% | -53.82% | +7.10% |
Current DrawdownCurrent decline from peak | -4.18% | -1.09% | -3.09% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -11.03% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 4.43% | -1.20% |
Volatility
HWLIX vs. HWSAX - Volatility Comparison
The current volatility for Hotchkis & Wiley Large Cap Value Fund (HWLIX) is 4.11%, while Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) has a volatility of 4.45%. This indicates that HWLIX experiences smaller price fluctuations and is considered to be less risky than HWSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWLIX | HWSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 4.45% | -0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.09% | 12.99% | -2.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 23.99% | -5.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.27% | 21.71% | -3.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 24.65% | -3.05% |