HWLIX vs. SVAIX
HWLIX (Hotchkis & Wiley Large Cap Value Fund) and SVAIX (Federated Hermes Strategic Value Dividend Fund) are both Large Cap Value Equities funds. Over the past 10 years, HWLIX returned 12.22%/yr vs 8.26%/yr for SVAIX. A 0.76 correlation means they provide meaningful diversification when combined. HWLIX charges 0.95%/yr vs 0.81%/yr for SVAIX.
Performance
HWLIX vs. SVAIX - Performance Comparison
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Returns By Period
In the year-to-date period, HWLIX achieves a 5.16% return, which is significantly lower than SVAIX's 9.26% return. Over the past 10 years, HWLIX has outperformed SVAIX with an annualized return of 12.22%, while SVAIX has yielded a comparatively lower 8.26% annualized return.
HWLIX
- 1D
- 0.08%
- 1M
- -1.64%
- YTD
- 5.16%
- 6M
- 4.65%
- 1Y
- 21.13%
- 3Y*
- 16.93%
- 5Y*
- 10.08%
- 10Y*
- 12.22%
SVAIX
- 1D
- 0.46%
- 1M
- -1.97%
- YTD
- 9.26%
- 6M
- 9.09%
- 1Y
- 19.74%
- 3Y*
- 15.51%
- 5Y*
- 10.68%
- 10Y*
- 8.26%
HWLIX vs. SVAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWLIX Hotchkis & Wiley Large Cap Value Fund | 5.16% | 18.06% | 12.80% | 16.92% | -5.31% | 28.86% | -0.29% | 29.16% | -14.26% | 18.85% |
SVAIX Federated Hermes Strategic Value Dividend Fund | 9.26% | 15.26% | 16.47% | -1.81% | 8.47% | 21.52% | -7.88% | 19.59% | -8.23% | 15.10% |
Correlation
The correlation between HWLIX and SVAIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2005 | 0.76 |
Over the past year, the correlation between HWLIX and SVAIX has dropped to 0.47 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
HWLIX vs. SVAIX — Risk / Return Rank
HWLIX
SVAIX
HWLIX vs. SVAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Federated Hermes Strategic Value Dividend Fund (SVAIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HWLIX | SVAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.40 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | 5.48 | -2.08 |
| Martin ratioReturn relative to average drawdown | 10.47 | 14.72 | -4.25 |
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Drawdowns
HWLIX vs. SVAIX - Drawdown Comparison
The maximum HWLIX drawdown since its inception was -70.48%, which is greater than SVAIX's maximum drawdown of -50.62%. Use the drawdown chart below to compare losses from any high point for HWLIX and SVAIX.
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Drawdown Indicators
| HWLIX | SVAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.48% | -50.62% | -19.86% |
Max Drawdown (1Y)Largest decline over 1 year | -6.33% | -4.66% | -1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.82% | -12.64% | -4.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.69% | -16.13% | -8.56% |
Max Drawdown (10Y)Largest decline over 10 years | -46.72% | -36.53% | -10.19% |
Current DrawdownCurrent decline from peak | -4.21% | -3.08% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -7.69% | -2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 1.67% | +0.38% |
Volatility
HWLIX vs. SVAIX - Volatility Comparison
Hotchkis & Wiley Large Cap Value Fund (HWLIX) and Federated Hermes Strategic Value Dividend Fund (SVAIX) have volatilities of 4.21% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWLIX | SVAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 4.01% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 9.25% | 7.77% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.30% | 10.75% | +2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.12% | 13.67% | +4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.53% | 15.47% | +6.06% |
HWLIX vs. SVAIX - Expense Ratio Comparison
HWLIX has a 0.95% expense ratio, which is higher than SVAIX's 0.81% expense ratio.
Dividends
HWLIX vs. SVAIX - Dividend Comparison
HWLIX's dividend yield for the trailing twelve months is around 7.72%, more than SVAIX's 6.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWLIX Hotchkis & Wiley Large Cap Value Fund | 7.72% | 8.12% | 11.29% | 11.12% | 8.48% | 0.86% | 1.65% | 1.62% | 3.55% | 1.67% | 1.94% | 1.59% |
SVAIX Federated Hermes Strategic Value Dividend Fund | 6.35% | 6.41% | 7.58% | 4.32% | 9.68% | 3.72% | 4.28% | 8.75% | 8.54% | 10.36% | 5.24% | 8.67% |
Frequently Asked Questions
HWLIX and SVAIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HWLIX has higher volatility (4.21%) compared to SVAIX (4.01%). In terms of maximum drawdown, HWLIX dropped -70.48% vs SVAIX's -50.62%.
SVAIX currently has the higher Sharpe Ratio (2.38 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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