HWSAX vs. RYSEX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) and Royce Special Equity Fund (RYSEX).
HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000. RYSEX is managed by Royce Investment Partners. It was launched on May 1, 1998.
Performance
HWSAX vs. RYSEX - Performance Comparison
Loading graphics...
HWSAX vs. RYSEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYSEX Royce Special Equity Fund | 4.13% | 3.66% | 2.93% | 12.96% | -6.60% | 22.24% | 7.43% | 12.73% | -9.96% | 7.13% |
Returns By Period
In the year-to-date period, HWSAX achieves a 9.00% return, which is significantly higher than RYSEX's 4.13% return. Over the past 10 years, HWSAX has outperformed RYSEX with an annualized return of 9.96%, while RYSEX has yielded a comparatively lower 7.66% annualized return.
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%
RYSEX
- 1D
- 0.76%
- 1M
- -3.12%
- YTD
- 4.13%
- 6M
- 6.06%
- 1Y
- 17.87%
- 3Y*
- 6.67%
- 5Y*
- 4.40%
- 10Y*
- 7.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HWSAX vs. RYSEX - Expense Ratio Comparison
HWSAX has a 1.21% expense ratio, which is higher than RYSEX's 1.20% expense ratio.
Return for Risk
HWSAX vs. RYSEX — Risk / Return Rank
HWSAX
RYSEX
HWSAX vs. RYSEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) and Royce Special Equity Fund (RYSEX). 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.
| HWSAX | RYSEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 1.03 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.22 | 1.61 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.65 | -0.48 |
Martin ratioReturn relative to average drawdown | 4.34 | 5.46 | -1.13 |
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
| HWSAX | RYSEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 1.03 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.27 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.44 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.51 | -0.04 |
Correlation
The correlation between HWSAX and RYSEX is 0.87, 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
HWSAX vs. RYSEX - Dividend Comparison
HWSAX's dividend yield for the trailing twelve months is around 0.64%, less than RYSEX's 11.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RYSEX Royce Special Equity Fund | 11.87% | 12.36% | 16.35% | 5.32% | 12.34% | 16.53% | 3.70% | 11.56% | 13.11% | 8.24% | 7.72% | 11.68% |
Drawdowns
HWSAX vs. RYSEX - Drawdown Comparison
The maximum HWSAX drawdown since its inception was -72.14%, which is greater than RYSEX's maximum drawdown of -43.25%. Use the drawdown chart below to compare losses from any high point for HWSAX and RYSEX.
Loading graphics...
Drawdown Indicators
| HWSAX | RYSEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.14% | -43.25% | -28.89% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -10.97% | -5.47% |
Max Drawdown (5Y)Largest decline over 5 years | -26.98% | -23.03% | -3.95% |
Max Drawdown (10Y)Largest decline over 10 years | -53.82% | -32.13% | -21.69% |
Current DrawdownCurrent decline from peak | -1.09% | -5.62% | +4.53% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -6.39% | -4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 3.32% | +1.11% |
Volatility
HWSAX vs. RYSEX - Volatility Comparison
Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) has a higher volatility of 4.45% compared to Royce Special Equity Fund (RYSEX) at 3.54%. This indicates that HWSAX's price experiences larger fluctuations and is considered to be riskier than RYSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HWSAX | RYSEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.54% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 9.66% | +3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.99% | 18.14% | +5.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.71% | 16.43% | +5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.65% | 17.40% | +7.25% |