RSPFX vs. HWSIX

Last updated Jun 4, 2026

RSPFX (Victory RS Partners Fund) and HWSIX (Hotchkis & Wiley Small Cap Value Fund) are both Small Cap Value Equities funds. Over the past 10 years, RSPFX returned 11.15%/yr vs 10.98%/yr for HWSIX. Their correlation of 0.83 suggests significant overlap in exposure. RSPFX charges 1.45%/yr vs 1.06%/yr for HWSIX.

Performance

RSPFX vs. HWSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Partners Fund (RSPFX) and Hotchkis & Wiley Small Cap Value Fund (HWSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSPFX achieves a 12.25% return, which is significantly lower than HWSIX's 17.70% return. Both investments have delivered pretty close results over the past 10 years, with RSPFX having a 11.15% annualized return and HWSIX not far behind at 10.98%.

RSPFX

• 1D: 0.82%
• 1M: 1.36%
• YTD: 12.25%
• 6M: 11.24%
• 1Y: 19.84%
• 3Y*: 13.96%
• 5Y*: 7.63%
• 10Y*: 11.15%

HWSIX

• 1D: 1.03%
• 1M: 2.97%
• YTD: 17.70%
• 6M: 15.91%
• 1Y: 28.91%
• 3Y*: 13.09%
• 5Y*: 9.57%
• 10Y*: 10.98%

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

RSPFX vs. HWSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RSPFX Victory RS Partners Fund	12.25%	2.50%	14.86%	15.80%	-4.55%	29.45%	0.45%	30.76%	-12.30%	14.24%
HWSIX Hotchkis & Wiley Small Cap Value Fund	17.70%	1.60%	5.00%	18.85%	2.97%	35.54%	-0.31%	20.54%	-15.03%	7.66%

Correlation

The correlation between RSPFX and HWSIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 3, 1996	0.83

The correlation between RSPFX and HWSIX has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.

Return for Risk

RSPFX vs. HWSIX — Risk / Return Rank

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

RSPFX

RSPFX Risk / Return Rank: 25
RSPFX Sharpe Ratio Rank: 23
RSPFX Sortino Ratio Rank: 25
RSPFX Omega Ratio Rank: 22
RSPFX Calmar Ratio Rank: 28
RSPFX Martin Ratio Rank: 26

HWSIX

HWSIX Risk / Return Rank: 47
HWSIX Sharpe Ratio Rank: 40
HWSIX Sortino Ratio Rank: 39
HWSIX Omega Ratio Rank: 38
HWSIX Calmar Ratio Rank: 67
HWSIX Martin Ratio Rank: 50

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.

RSPFX vs. HWSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Partners Fund (RSPFX) and Hotchkis & Wiley Small Cap Value Fund (HWSIX). 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.

	RSPFX	HWSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.84	-0.46
Sortino ratio: Return per unit of downside risk	2.10	2.60	-0.51
Omega ratio: Gain probability vs. loss probability	1.24	1.33	-0.09
Calmar ratio: Return relative to maximum drawdown	1.97	3.16	-1.19
Martin ratio: Return relative to average drawdown	6.40	10.38	-3.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RSPFX vs. HWSIX - Sharpe Ratio Comparison

The current RSPFX Sharpe Ratio is 1.38, which is comparable to the HWSIX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of RSPFX and HWSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RSPFX	HWSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.84	-0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.45	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.45	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.45	+0.11

Drawdowns

RSPFX vs. HWSIX - Drawdown Comparison

The maximum RSPFX drawdown since its inception was -59.26%, smaller than the maximum HWSIX drawdown of -72.00%. Use the drawdown chart below to compare losses from any high point for RSPFX and HWSIX.

Drawdown Indicators

	RSPFX	HWSIX	Difference
Max Drawdown Largest peak-to-trough decline	-59.26%	-72.00%	+12.74%
Max Drawdown (1Y) Largest decline over 1 year	-10.85%	-10.01%	-0.84%
Max Drawdown (3Y) Largest decline over 3 years	-22.65%	-26.92%	+4.27%
Max Drawdown (5Y) Largest decline over 5 years	-26.89%	-26.92%	+0.03%
Max Drawdown (10Y) Largest decline over 10 years	-42.91%	-53.67%	+10.76%
Current Drawdown Current decline from peak	-1.48%	0.00%	-1.48%
Average Drawdown Average peak-to-trough decline	-10.68%	-12.08%	+1.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	3.04%	+0.29%

Volatility

RSPFX vs. HWSIX - Volatility Comparison

Victory RS Partners Fund (RSPFX) has a higher volatility of 4.30% compared to Hotchkis & Wiley Small Cap Value Fund (HWSIX) at 3.77%. This indicates that RSPFX's price experiences larger fluctuations and is considered to be riskier than HWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RSPFX	HWSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.77%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	10.70%	11.25%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.49%	17.23%	-1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.58%	21.54%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.08%	24.64%	-2.56%

RSPFX vs. HWSIX - Expense Ratio Comparison

RSPFX has a 1.45% expense ratio, which is higher than HWSIX's 1.06% expense ratio.

Dividends

RSPFX vs. HWSIX - Dividend Comparison

RSPFX's dividend yield for the trailing twelve months is around 4.86%, more than HWSIX's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HWSIX Hotchkis & Wiley Small Cap Value Fund	0.86%	1.01%	8.35%	1.90%	13.44%	0.36%	0.80%	4.89%	9.84%	5.07%	0.41%	11.78%
RSPFX Victory RS Partners Fund	4.86%	5.45%	5.79%	5.66%	8.92%	16.56%	1.52%	9.92%	24.51%	23.61%	5.62%	3.18%

Frequently Asked Questions

Can I hold both RSPFX and HWSIX in my portfolio?

RSPFX and HWSIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RSPFX or HWSIX?

RSPFX has higher volatility (4.30%) compared to HWSIX (3.77%). In terms of maximum drawdown, RSPFX dropped -59.26% vs HWSIX's -72.00%.

Which has better risk-adjusted returns?

HWSIX currently has the higher Sharpe Ratio (1.84 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.