HWTIX vs. ARHBX

Last updated Apr 1, 2026

Compare and contrast key facts about Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) and Artisan International Explorer Fund (ARHBX).

HWTIX is managed by Hotchkis & Wiley. It was launched on Jun 29, 2020. ARHBX is managed by Artisan. It was launched on May 15, 2022.

Performance

HWTIX vs. ARHBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) and Artisan International Explorer Fund (ARHBX). The values are adjusted to include any dividend payments, if applicable.

HWTIX vs. ARHBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	-2.04%	30.96%	4.62%	20.79%	2.01%
ARHBX Artisan International Explorer Fund	0.92%	18.32%	8.34%	20.65%	-2.64%

Returns By Period

In the year-to-date period, HWTIX achieves a -2.04% return, which is significantly lower than ARHBX's 0.92% return.

HWTIX

• 1D: -0.35%
• 1M: -10.75%
• YTD: -2.04%
• 6M: -0.02%
• 1Y: 21.96%
• 3Y*: 14.94%
• 5Y*: 9.48%
• 10Y*: —

ARHBX

• 1D: -0.68%
• 1M: -7.06%
• YTD: 0.92%
• 6M: 0.36%
• 1Y: 12.75%
• 3Y*: 10.84%
• 5Y*: —
• 10Y*: —

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

HWTIX vs. ARHBX - Expense Ratio Comparison

HWTIX has a 0.99% expense ratio, which is lower than ARHBX's 1.35% expense ratio.

ARHBX

Artisan International Explorer Fund

HWTIX

Hotchkis & Wiley International Small Cap Diversified Value Fund

Return for Risk

HWTIX vs. ARHBX — Risk / Return Rank

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

HWTIX

HWTIX Risk / Return Rank: 72
HWTIX Sharpe Ratio Rank: 76
HWTIX Sortino Ratio Rank: 71
HWTIX Omega Ratio Rank: 72
HWTIX Calmar Ratio Rank: 72
HWTIX Martin Ratio Rank: 69

ARHBX

ARHBX Risk / Return Rank: 42
ARHBX Sharpe Ratio Rank: 48
ARHBX Sortino Ratio Rank: 46
ARHBX Omega Ratio Rank: 37
ARHBX Calmar Ratio Rank: 47
ARHBX Martin Ratio Rank: 31

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.

HWTIX vs. ARHBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) and Artisan International Explorer Fund (ARHBX). 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.

	HWTIX	ARHBX	Difference
Sharpe ratio Return per unit of total volatility	1.38	0.94	+0.44
Sortino ratio Return per unit of downside risk	1.80	1.33	+0.47
Omega ratio Gain probability vs. loss probability	1.28	1.17	+0.10
Calmar ratio Return relative to maximum drawdown	1.67	1.15	+0.52
Martin ratio Return relative to average drawdown	6.61	3.33	+3.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HWTIX vs. ARHBX - Sharpe Ratio Comparison

The current HWTIX Sharpe Ratio is 1.38, which is higher than the ARHBX Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of HWTIX and ARHBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HWTIX	ARHBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	0.94	+0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.83	-0.12

Correlation

The correlation between HWTIX and ARHBX is 0.81, 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

HWTIX vs. ARHBX - Dividend Comparison

HWTIX's dividend yield for the trailing twelve months is around 4.78%, less than ARHBX's 7.37% yield.

	TTM	2025	2024	2023	2022	2021	2020
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	4.78%	4.68%	31.95%	6.64%	5.32%	22.94%	4.15%
ARHBX Artisan International Explorer Fund	7.37%	7.44%	4.86%	1.97%	0.16%	0.00%	0.00%

Drawdowns

HWTIX vs. ARHBX - Drawdown Comparison

The maximum HWTIX drawdown since its inception was -29.57%, which is greater than ARHBX's maximum drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for HWTIX and ARHBX.

Drawdown Indicators

	HWTIX	ARHBX	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-18.10%	-11.47%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-9.51%	-1.36%
Max Drawdown (5Y) Largest decline over 5 years	-29.57%	—	—
Current Drawdown Current decline from peak	-10.75%	-7.06%	-3.69%
Average Drawdown Average peak-to-trough decline	-6.47%	-3.61%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	3.30%	-0.32%

Volatility

HWTIX vs. ARHBX - Volatility Comparison

The current volatility for Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) is 5.27%, while Artisan International Explorer Fund (ARHBX) has a volatility of 6.18%. This indicates that HWTIX experiences smaller price fluctuations and is considered to be less risky than ARHBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HWTIX	ARHBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	6.18%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.24%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	14.93%	13.06%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.86%	13.83%	+9.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	13.83%	+8.34%