HWVIX vs. HRTVX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and Heartland Value Fund (HRTVX).
HWVIX is managed by Hotchkis & Wiley. It was launched on Jun 30, 2014. HRTVX is managed by Heartland. It was launched on Dec 28, 1984.
Performance
HWVIX vs. HRTVX - Performance Comparison
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HWVIX vs. HRTVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HWVIX Hotchkis & Wiley Small Cap Diversified Value Fund | 5.73% | 3.02% | 4.31% | 16.36% | -6.33% | 35.19% | 1.25% | 21.68% | -14.44% | 13.55% |
HRTVX Heartland Value Fund | 7.35% | 15.94% | 15.76% | 17.15% | -10.04% | 21.86% | 13.12% | 17.93% | -12.10% | 8.45% |
Returns By Period
In the year-to-date period, HWVIX achieves a 5.73% return, which is significantly lower than HRTVX's 7.35% return. Over the past 10 years, HWVIX has underperformed HRTVX with an annualized return of 10.12%, while HRTVX has yielded a comparatively higher 11.03% annualized return.
HWVIX
- 1D
- 1.45%
- 1M
- -2.42%
- YTD
- 5.73%
- 6M
- 7.61%
- 1Y
- 18.43%
- 3Y*
- 9.69%
- 5Y*
- 5.75%
- 10Y*
- 10.12%
HRTVX
- 1D
- 2.41%
- 1M
- -5.76%
- YTD
- 7.35%
- 6M
- 9.98%
- 1Y
- 31.24%
- 3Y*
- 17.99%
- 5Y*
- 10.07%
- 10Y*
- 11.03%
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HWVIX vs. HRTVX - Expense Ratio Comparison
HWVIX has a 0.80% expense ratio, which is lower than HRTVX's 1.04% expense ratio.
Return for Risk
HWVIX vs. HRTVX — Risk / Return Rank
HWVIX
HRTVX
HWVIX vs. HRTVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and Heartland Value Fund (HRTVX). 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.
| HWVIX | HRTVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 1.55 | -0.74 |
Sortino ratioReturn per unit of downside risk | 1.29 | 2.21 | -0.92 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.30 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.37 | -1.12 |
Martin ratioReturn relative to average drawdown | 4.31 | 9.02 | -4.71 |
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
| HWVIX | HRTVX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 1.55 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.52 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.53 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.58 | -0.23 |
Correlation
The correlation between HWVIX and HRTVX 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
HWVIX vs. HRTVX - Dividend Comparison
HWVIX's dividend yield for the trailing twelve months is around 1.08%, less than HRTVX's 8.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWVIX Hotchkis & Wiley Small Cap Diversified Value Fund | 1.08% | 1.14% | 6.28% | 8.52% | 9.38% | 6.40% | 0.96% | 0.87% | 10.51% | 15.74% | 0.78% | 3.34% |
HRTVX Heartland Value Fund | 8.65% | 9.29% | 8.91% | 5.65% | 3.01% | 13.50% | 0.76% | 3.12% | 7.26% | 6.43% | 3.56% | 8.25% |
Drawdowns
HWVIX vs. HRTVX - Drawdown Comparison
The maximum HWVIX drawdown since its inception was -52.18%, smaller than the maximum HRTVX drawdown of -61.68%. Use the drawdown chart below to compare losses from any high point for HWVIX and HRTVX.
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Drawdown Indicators
| HWVIX | HRTVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.18% | -61.68% | +9.50% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -13.48% | -1.34% |
Max Drawdown (5Y)Largest decline over 5 years | -27.34% | -23.17% | -4.17% |
Max Drawdown (10Y)Largest decline over 10 years | -52.18% | -46.31% | -5.87% |
Current DrawdownCurrent decline from peak | -5.21% | -5.91% | +0.70% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -9.07% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 3.54% | +0.76% |
Volatility
HWVIX vs. HRTVX - Volatility Comparison
The current volatility for Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) is 4.45%, while Heartland Value Fund (HRTVX) has a volatility of 6.14%. This indicates that HWVIX experiences smaller price fluctuations and is considered to be less risky than HRTVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWVIX | HRTVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 6.14% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | 12.63% | -0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.99% | 20.61% | +2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 19.53% | +2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 21.02% | +3.46% |