HWSAX vs. VSMVX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) and Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX).
HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000. VSMVX is managed by Vanguard. It was launched on Nov 19, 2014.
Performance
HWSAX vs. VSMVX - Performance Comparison
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HWSAX vs. VSMVX - 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% |
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares | 4.35% | 6.38% | 7.53% | 14.85% | -11.12% | 30.85% | 2.79% | 24.47% | -12.67% | 11.64% |
Returns By Period
In the year-to-date period, HWSAX achieves a 9.00% return, which is significantly higher than VSMVX's 4.35% return. Both investments have delivered pretty close results over the past 10 years, with HWSAX having a 9.96% annualized return and VSMVX not far behind at 9.53%.
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%
VSMVX
- 1D
- 2.16%
- 1M
- -3.89%
- YTD
- 4.35%
- 6M
- 7.26%
- 1Y
- 23.43%
- 3Y*
- 9.99%
- 5Y*
- 4.86%
- 10Y*
- 9.53%
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HWSAX vs. VSMVX - Expense Ratio Comparison
HWSAX has a 1.21% expense ratio, which is higher than VSMVX's 0.08% expense ratio.
Return for Risk
HWSAX vs. VSMVX — Risk / Return Rank
HWSAX
VSMVX
HWSAX vs. VSMVX - 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 Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX). 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 | VSMVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 1.00 | -0.22 |
Sortino ratioReturn per unit of downside risk | 1.22 | 1.52 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.52 | -0.35 |
Martin ratioReturn relative to average drawdown | 4.34 | 5.76 | -1.42 |
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
| HWSAX | VSMVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 1.00 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.22 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.40 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.47 | 0.00 |
Correlation
The correlation between HWSAX and VSMVX is 0.93, 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. VSMVX - Dividend Comparison
HWSAX's dividend yield for the trailing twelve months is around 0.64%, less than VSMVX's 1.82% 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% |
VSMVX Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares | 1.82% | 1.45% | 1.85% | 1.92% | 1.88% | 1.66% | 1.46% | 1.65% | 1.89% | 1.55% | 1.26% | 1.42% |
Drawdowns
HWSAX vs. VSMVX - Drawdown Comparison
The maximum HWSAX drawdown since its inception was -72.14%, which is greater than VSMVX's maximum drawdown of -47.61%. Use the drawdown chart below to compare losses from any high point for HWSAX and VSMVX.
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Drawdown Indicators
| HWSAX | VSMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.14% | -47.61% | -24.53% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -15.74% | -0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -26.98% | -28.81% | +1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -53.82% | -47.61% | -6.21% |
Current DrawdownCurrent decline from peak | -1.09% | -6.15% | +5.06% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -7.72% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 4.15% | +0.28% |
Volatility
HWSAX vs. VSMVX - Volatility Comparison
The current volatility for Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) is 4.45%, while Vanguard S&P Small-Cap 600 Value Index Fund Institutional Shares (VSMVX) has a volatility of 5.50%. This indicates that HWSAX experiences smaller price fluctuations and is considered to be less risky than VSMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWSAX | VSMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 5.50% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 13.57% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.99% | 23.83% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.71% | 22.18% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.65% | 24.15% | +0.50% |