HWTIX vs. VFSAX

Last updated Apr 1, 2026

Compare and contrast key facts about Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) and Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX).

HWTIX is managed by Hotchkis & Wiley. It was launched on Jun 29, 2020. VFSAX is managed by Vanguard. It was launched on Feb 7, 2019.

Performance

HWTIX vs. VFSAX - 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 Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX). The values are adjusted to include any dividend payments, if applicable.

HWTIX vs. VFSAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	-2.04%	30.96%	4.62%	20.79%	-8.67%	16.22%	34.26%
VFSAX Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares	-1.10%	29.89%	2.58%	15.13%	-21.30%	12.68%	28.25%

Returns By Period

In the year-to-date period, HWTIX achieves a -2.04% return, which is significantly lower than VFSAX's -1.10% return.

HWTIX

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

VFSAX

• 1D: -0.57%
• 1M: -11.48%
• YTD: -1.10%
• 6M: 1.44%
• 1Y: 26.75%
• 3Y*: 12.70%
• 5Y*: 5.14%
• 10Y*: —

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

HWTIX vs. VFSAX - Expense Ratio Comparison

HWTIX has a 0.99% expense ratio, which is higher than VFSAX's 0.16% expense ratio.

HWTIX

Hotchkis & Wiley International Small Cap Diversified Value Fund

VFSAX

Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares

Return for Risk

HWTIX vs. VFSAX — 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

VFSAX

VFSAX Risk / Return Rank: 85
VFSAX Sharpe Ratio Rank: 88
VFSAX Sortino Ratio Rank: 86
VFSAX Omega Ratio Rank: 85
VFSAX Calmar Ratio Rank: 84
VFSAX Martin Ratio Rank: 83

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. VFSAX - 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 Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX). 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	VFSAX	Difference
Sharpe ratio Return per unit of total volatility	1.38	1.78	-0.40
Sortino ratio Return per unit of downside risk	1.80	2.29	-0.49
Omega ratio Gain probability vs. loss probability	1.28	1.35	-0.07
Calmar ratio Return relative to maximum drawdown	1.67	2.09	-0.42
Martin ratio Return relative to average drawdown	6.61	8.37	-1.76
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. VFSAX - Sharpe Ratio Comparison

The current HWTIX Sharpe Ratio is 1.38, which is comparable to the VFSAX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of HWTIX and VFSAX, 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	VFSAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.78	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.35	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.46	+0.25

Correlation

The correlation between HWTIX and VFSAX is 0.92, 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. VFSAX - Dividend Comparison

HWTIX's dividend yield for the trailing twelve months is around 4.78%, more than VFSAX's 3.34% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund	4.78%	4.68%	31.95%	6.64%	5.32%	22.94%	4.15%	0.00%
VFSAX Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares	3.34%	3.31%	3.36%	3.06%	2.22%	2.67%	1.85%	3.19%

Drawdowns

HWTIX vs. VFSAX - Drawdown Comparison

The maximum HWTIX drawdown since its inception was -29.57%, smaller than the maximum VFSAX drawdown of -39.86%. Use the drawdown chart below to compare losses from any high point for HWTIX and VFSAX.

Drawdown Indicators

	HWTIX	VFSAX	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-39.86%	+10.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-11.48%	+0.61%
Max Drawdown (5Y) Largest decline over 5 years	-29.57%	-33.81%	+4.24%
Current Drawdown Current decline from peak	-10.75%	-11.48%	+0.73%
Average Drawdown Average peak-to-trough decline	-6.47%	-9.42%	+2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.86%	+0.12%

Volatility

HWTIX vs. VFSAX - Volatility Comparison

The current volatility for Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) is 5.27%, while Vanguard FTSE All-World ex-US Small-Cap Index Fund Admiral Shares (VFSAX) has a volatility of 6.00%. This indicates that HWTIX experiences smaller price fluctuations and is considered to be less risky than VFSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HWTIX	VFSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	6.00%	-0.73%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.85%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	14.93%	14.43%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.86%	14.86%	+8.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	17.01%	+5.16%