HWVIX vs. PRVIX
Compare and contrast key facts about Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX).
HWVIX is managed by Hotchkis & Wiley. It was launched on Jun 30, 2014. PRVIX is a passively managed fund by T. Rowe Price that tracks the performance of the Russell 2000 Value Index. It was launched on Aug 28, 2015.
Performance
HWVIX vs. PRVIX - Performance Comparison
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HWVIX vs. PRVIX - 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% |
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 3.80% | 21.38% | 10.96% | 12.46% | -18.42% | 25.60% | 12.58% | 25.95% | -11.49% | 12.86% |
Returns By Period
In the year-to-date period, HWVIX achieves a 5.73% return, which is significantly higher than PRVIX's 3.80% return. Over the past 10 years, HWVIX has underperformed PRVIX with an annualized return of 10.12%, while PRVIX has yielded a comparatively higher 11.04% 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%
PRVIX
- 1D
- 2.77%
- 1M
- -5.04%
- YTD
- 3.80%
- 6M
- 18.59%
- 1Y
- 33.45%
- 3Y*
- 16.22%
- 5Y*
- 7.09%
- 10Y*
- 11.04%
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HWVIX vs. PRVIX - Expense Ratio Comparison
HWVIX has a 0.80% expense ratio, which is higher than PRVIX's 0.66% expense ratio.
Return for Risk
HWVIX vs. PRVIX — Risk / Return Rank
HWVIX
PRVIX
HWVIX vs. PRVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) and T. Rowe Price Small-Cap Value Fund Class I (PRVIX). 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 | PRVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.81 | 1.45 | -0.64 |
Sortino ratioReturn per unit of downside risk | 1.29 | 2.28 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.31 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.06 | -0.81 |
Martin ratioReturn relative to average drawdown | 4.31 | 8.59 | -4.28 |
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 | PRVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 1.45 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.35 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.52 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.51 | -0.17 |
Correlation
The correlation between HWVIX and PRVIX is 0.94, 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. PRVIX - Dividend Comparison
HWVIX's dividend yield for the trailing twelve months is around 1.08%, less than PRVIX's 22.27% 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% |
PRVIX T. Rowe Price Small-Cap Value Fund Class I | 22.27% | 23.11% | 9.96% | 3.40% | 5.54% | 7.15% | 2.12% | 4.72% | 9.61% | 3.79% | 3.88% | 22.61% |
Drawdowns
HWVIX vs. PRVIX - Drawdown Comparison
The maximum HWVIX drawdown since its inception was -52.18%, which is greater than PRVIX's maximum drawdown of -40.95%. Use the drawdown chart below to compare losses from any high point for HWVIX and PRVIX.
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Drawdown Indicators
| HWVIX | PRVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.18% | -40.95% | -11.23% |
Max Drawdown (1Y)Largest decline over 1 year | -14.82% | -14.06% | -0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -27.34% | -28.00% | +0.66% |
Max Drawdown (10Y)Largest decline over 10 years | -52.18% | -40.95% | -11.23% |
Current DrawdownCurrent decline from peak | -5.21% | -5.60% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -8.44% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 3.67% | +0.63% |
Volatility
HWVIX vs. PRVIX - Volatility Comparison
The current volatility for Hotchkis & Wiley Small Cap Diversified Value Fund (HWVIX) is 4.45%, while T. Rowe Price Small-Cap Value Fund Class I (PRVIX) has a volatility of 6.73%. This indicates that HWVIX experiences smaller price fluctuations and is considered to be less risky than PRVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HWVIX | PRVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.45% | 6.73% | -2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 12.41% | 16.15% | -3.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.99% | 23.96% | -0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.84% | 20.47% | +1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.48% | 21.30% | +3.18% |