HWSM vs. DXUV

Last updated Jun 5, 2026

HWSM (Hotchkis & Wiley SMID Cap Diversified Value ETF) and DXUV (Dimensional US Vector Equity ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past year, HWSM returned 26.16% vs 28.61% for DXUV. Their correlation of 0.88 suggests significant overlap in exposure. HWSM charges 0.55%/yr vs 0.25%/yr for DXUV.

Performance

HWSM vs. DXUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) and Dimensional US Vector Equity ETF (DXUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HWSM achieves a 10.77% return, which is significantly lower than DXUV's 11.86% return.

HWSM

• 1D: 1.25%
• 1M: 4.08%
• YTD: 10.77%
• 6M: 12.03%
• 1Y: 26.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DXUV

• 1D: 0.86%
• 1M: 3.35%
• YTD: 11.86%
• 6M: 12.28%
• 1Y: 28.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HWSM vs. DXUV - Yearly Performance Comparison

	2026 (YTD)	2025
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF	10.77%	11.54%
DXUV Dimensional US Vector Equity ETF	11.86%	19.99%

Correlation

The correlation between HWSM and DXUV is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	0.88

The correlation between HWSM and DXUV has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

Return for Risk

HWSM vs. DXUV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HWSM

HWSM Risk / Return Rank: 51
HWSM Sharpe Ratio Rank: 49
HWSM Sortino Ratio Rank: 53
HWSM Omega Ratio Rank: 48
HWSM Calmar Ratio Rank: 53
HWSM Martin Ratio Rank: 51

DXUV

DXUV Risk / Return Rank: 70
DXUV Sharpe Ratio Rank: 70
DXUV Sortino Ratio Rank: 71
DXUV Omega Ratio Rank: 68
DXUV Calmar Ratio Rank: 69
DXUV Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HWSM vs. DXUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) and Dimensional US Vector Equity ETF (DXUV). 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.

	HWSM	DXUV	Difference
Sharpe ratio: Return per unit of total volatility	1.68	2.26	-0.58
Sortino ratio: Return per unit of downside risk	2.51	3.16	-0.65
Omega ratio: Gain probability vs. loss probability	1.30	1.40	-0.10
Calmar ratio: Return relative to maximum drawdown	2.57	3.37	-0.80
Martin ratio: Return relative to average drawdown	8.61	13.70	-5.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HWSM vs. DXUV - Sharpe Ratio Comparison

The current HWSM Sharpe Ratio is 1.68, which is comparable to the DXUV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of HWSM and DXUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HWSM	DXUV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	2.26	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	1.09	-0.13

Drawdowns

HWSM vs. DXUV - Drawdown Comparison

The maximum HWSM drawdown since its inception was -15.67%, smaller than the maximum DXUV drawdown of -21.08%. Use the drawdown chart below to compare losses from any high point for HWSM and DXUV.

Drawdown Indicators

	HWSM	DXUV	Difference
Max Drawdown Largest peak-to-trough decline	-15.67%	-21.08%	+5.41%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-8.53%	-1.70%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.76%	-3.07%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	2.09%	+0.96%

Volatility

HWSM vs. DXUV - Volatility Comparison

Hotchkis & Wiley SMID Cap Diversified Value ETF (HWSM) has a higher volatility of 3.68% compared to Dimensional US Vector Equity ETF (DXUV) at 2.89%. This indicates that HWSM's price experiences larger fluctuations and is considered to be riskier than DXUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HWSM	DXUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.68%	2.89%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	9.03%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	12.71%	+2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.58%	17.30%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.58%	17.30%	+3.28%

HWSM vs. DXUV - Expense Ratio Comparison

HWSM has a 0.55% expense ratio, which is higher than DXUV's 0.25% expense ratio.

Dividends

HWSM vs. DXUV - Dividend Comparison

HWSM's dividend yield for the trailing twelve months is around 1.20%, more than DXUV's 0.96% yield.

Position	TTM	2025	2024
DXUV Dimensional US Vector Equity ETF	0.96%	1.01%	0.37%
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF	1.20%	1.33%	0.00%

Frequently Asked Questions

Can I hold both HWSM and DXUV in my portfolio?

HWSM and DXUV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HWSM or DXUV?

HWSM has higher volatility (3.68%) compared to DXUV (2.89%). In terms of maximum drawdown, HWSM dropped -15.67% vs DXUV's -21.08%.

Which ETF is better, HWSM or DXUV?

On 1-year performance, DXUV leads with 28.61% vs 26.16% for HWSM. On fees, DXUV is cheaper at 0.25% per year. On volatility, DXUV has been the lower-risk option at 2.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HWSM or DXUV?

Over the 1-year period, DXUV has performed better with a 28.61% return vs 26.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HWSM or DXUV?

DXUV is cheaper with a 0.25% expense ratio, compared with 0.55% for HWSM.

Which ETF pays a higher dividend yield, HWSM or DXUV?

HWSM has the higher dividend yield at 1.20%, compared with 0.96% for DXUV.

What is the main difference between HWSM and DXUV?

They also come from different issuers: Hotchkis & Wiley and Dimensional. Their fees differ too: 0.55% for HWSM and 0.25% for DXUV.

Which has better risk-adjusted returns?

DXUV currently has the higher Sharpe Ratio (2.26 vs 1.68), 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.