HWSIX vs. DEVLX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Value Fund (HWSIX) and Delaware Small Cap Value Fund (DEVLX).
HWSIX is managed by Hotchkis & Wiley. It was launched on Sep 20, 1985. DEVLX is managed by Delaware Funds. It was launched on Jun 24, 1987.
Performance
HWSIX vs. DEVLX - Performance Comparison
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HWSIX vs. DEVLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWSIX Hotchkis & Wiley Small Cap Value Fund | 7.19% | 1.60% | 5.00% | 18.85% | 2.97% | 35.54% | -0.31% | 20.54% | -15.03% | 7.66% |
DEVLX Delaware Small Cap Value Fund | 3.11% | 7.66% | 10.87% | 9.22% | -12.46% | 33.85% | -0.79% | 27.85% | -17.70% | 11.69% |
Returns By Period
In the year-to-date period, HWSIX achieves a 7.19% return, which is significantly higher than DEVLX's 3.11% return. Over the past 10 years, HWSIX has outperformed DEVLX with an annualized return of 10.01%, while DEVLX has yielded a comparatively lower 8.78% annualized return.
HWSIX
- 1D
- -0.30%
- 1M
- -0.11%
- YTD
- 7.19%
- 6M
- 5.71%
- 1Y
- 16.85%
- 3Y*
- 9.76%
- 5Y*
- 9.23%
- 10Y*
- 10.01%
DEVLX
- 1D
- -0.54%
- 1M
- -6.44%
- YTD
- 3.11%
- 6M
- 6.10%
- 1Y
- 17.21%
- 3Y*
- 11.02%
- 5Y*
- 5.61%
- 10Y*
- 8.78%
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HWSIX vs. DEVLX - Expense Ratio Comparison
HWSIX has a 1.06% expense ratio, which is lower than DEVLX's 1.11% expense ratio.
Return for Risk
HWSIX vs. DEVLX — Risk / Return Rank
HWSIX
DEVLX
HWSIX vs. DEVLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Small Cap Value Fund (HWSIX) and Delaware Small Cap Value Fund (DEVLX). 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.
| HWSIX | DEVLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 0.84 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.30 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.06 | -0.13 |
Martin ratioReturn relative to average drawdown | 3.44 | 4.11 | -0.67 |
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
| HWSIX | DEVLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 0.84 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.27 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.38 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.52 | -0.07 |
Correlation
The correlation between HWSIX and DEVLX is 0.86, 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
HWSIX vs. DEVLX - Dividend Comparison
HWSIX's dividend yield for the trailing twelve months is around 0.94%, less than DEVLX's 13.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWSIX Hotchkis & Wiley Small Cap Value Fund | 0.94% | 1.01% | 8.35% | 1.90% | 13.44% | 0.36% | 0.80% | 4.89% | 9.84% | 5.07% | 0.41% | 11.78% |
DEVLX Delaware Small Cap Value Fund | 13.34% | 13.76% | 12.67% | 7.54% | 4.37% | 4.43% | 1.37% | 4.29% | 8.80% | 1.34% | 0.52% | 7.01% |
Drawdowns
HWSIX vs. DEVLX - Drawdown Comparison
The maximum HWSIX drawdown since its inception was -72.00%, which is greater than DEVLX's maximum drawdown of -60.08%. Use the drawdown chart below to compare losses from any high point for HWSIX and DEVLX.
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Drawdown Indicators
| HWSIX | DEVLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.00% | -60.08% | -11.92% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -13.91% | -2.53% |
Max Drawdown (5Y)Largest decline over 5 years | -26.92% | -24.80% | -2.12% |
Max Drawdown (10Y)Largest decline over 10 years | -53.67% | -46.48% | -7.19% |
Current DrawdownCurrent decline from peak | -2.75% | -8.37% | +5.62% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -8.32% | -3.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.42% | 3.58% | +0.84% |
Volatility
HWSIX vs. DEVLX - Volatility Comparison
The current volatility for Hotchkis & Wiley Small Cap Value Fund (HWSIX) is 4.15%, while Delaware Small Cap Value Fund (DEVLX) has a volatility of 5.26%. This indicates that HWSIX experiences smaller price fluctuations and is considered to be less risky than DEVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWSIX | DEVLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 5.26% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 12.90% | 11.61% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.97% | 21.22% | +2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.70% | 21.05% | +0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.67% | 23.48% | +1.19% |