HWVIX vs. HWAIX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and Hotchkis & Wiley Value Opportunities Fund (HWAIX).
HWVIX is managed by Hotchkis & Wiley. It was launched on Jun 30, 2014. HWAIX is managed by Hotchkis & Wiley. It was launched on Dec 31, 2002.
Performance
HWVIX vs. HWAIX - Performance Comparison
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HWVIX vs. HWAIX - 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% |
HWAIX Hotchkis & Wiley Value Opportunities Fund | -0.07% | 14.56% | 11.59% | 26.74% | -7.88% | 34.33% | 5.35% | 25.62% | -11.01% | 13.82% |
Returns By Period
In the year-to-date period, HWVIX achieves a 5.73% return, which is significantly higher than HWAIX's -0.07% return. Over the past 10 years, HWVIX has underperformed HWAIX with an annualized return of 10.12%, while HWAIX has yielded a comparatively higher 12.59% 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%
HWAIX
- 1D
- 1.53%
- 1M
- -0.48%
- YTD
- -0.07%
- 6M
- 0.35%
- 1Y
- 11.78%
- 3Y*
- 14.48%
- 5Y*
- 10.58%
- 10Y*
- 12.59%
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HWVIX vs. HWAIX - Expense Ratio Comparison
HWVIX has a 0.80% expense ratio, which is lower than HWAIX's 0.94% expense ratio.
Return for Risk
HWVIX vs. HWAIX — Risk / Return Rank
HWVIX
HWAIX
HWVIX vs. HWAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and Hotchkis & Wiley Value Opportunities Fund (HWAIX). 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 | HWAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 0.66 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.02 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 0.92 | +0.33 |
Martin ratioReturn relative to average drawdown | 4.31 | 3.93 | +0.38 |
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 | HWAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 0.66 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.59 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.65 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.57 | -0.23 |
Correlation
The correlation between HWVIX and HWAIX is 0.87, 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. HWAIX - Dividend Comparison
HWVIX's dividend yield for the trailing twelve months is around 1.08%, less than HWAIX's 3.69% 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% |
HWAIX Hotchkis & Wiley Value Opportunities Fund | 3.69% | 3.69% | 10.07% | 8.39% | 2.54% | 13.72% | 2.52% | 2.35% | 11.39% | 3.19% | 2.22% | 17.20% |
Drawdowns
HWVIX vs. HWAIX - Drawdown Comparison
The maximum HWVIX drawdown since its inception was -52.18%, which is greater than HWAIX's maximum drawdown of -41.28%. Use the drawdown chart below to compare losses from any high point for HWVIX and HWAIX.
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Drawdown Indicators
| HWVIX | HWAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.18% | -41.28% | -10.90% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -13.18% | -1.64% |
Max Drawdown (5Y)Largest decline over 5 years | -27.34% | -23.87% | -3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -52.18% | -41.28% | -10.90% |
Current DrawdownCurrent decline from peak | -5.21% | -3.76% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -5.68% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 3.08% | +1.22% |
Volatility
HWVIX vs. HWAIX - Volatility Comparison
Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) has a higher volatility of 4.45% compared to Hotchkis & Wiley Value Opportunities Fund (HWAIX) at 3.74%. This indicates that HWVIX's price experiences larger fluctuations and is considered to be riskier than HWAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWVIX | HWAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 3.74% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | 10.12% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.99% | 18.11% | +4.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 18.13% | +3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 19.47% | +5.01% |