RYSEX vs. HWSAX
Compare and contrast key facts about Royce Special Equity Fund (RYSEX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX).
RYSEX is managed by Royce Investment Partners. It was launched on May 1, 1998. HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000.
Performance
RYSEX vs. HWSAX - Performance Comparison
Loading graphics...
RYSEX vs. HWSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYSEX Royce Special Equity Fund | 4.13% | 3.66% | 2.93% | 12.96% | -6.60% | 22.24% | 7.43% | 12.73% | -9.96% | 7.13% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 9.00% | 1.38% | 4.77% | 18.56% | 2.81% | 35.32% | -0.50% | 20.26% | -15.23% | 7.39% |
Returns By Period
In the year-to-date period, RYSEX achieves a 4.13% return, which is significantly lower than HWSAX's 9.00% return. Over the past 10 years, RYSEX has underperformed HWSAX with an annualized return of 7.66%, while HWSAX has yielded a comparatively higher 9.96% annualized return.
RYSEX
- 1D
- 0.76%
- 1M
- -3.12%
- YTD
- 4.13%
- 6M
- 6.06%
- 1Y
- 17.87%
- 3Y*
- 6.67%
- 5Y*
- 4.40%
- 10Y*
- 7.66%
HWSAX
- 1D
- 1.75%
- 1M
- 0.95%
- YTD
- 9.00%
- 6M
- 7.38%
- 1Y
- 18.60%
- 3Y*
- 10.15%
- 5Y*
- 9.03%
- 10Y*
- 9.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RYSEX vs. HWSAX - Expense Ratio Comparison
RYSEX has a 1.20% expense ratio, which is lower than HWSAX's 1.21% expense ratio.
Return for Risk
RYSEX vs. HWSAX — Risk / Return Rank
RYSEX
HWSAX
RYSEX vs. HWSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Special Equity Fund (RYSEX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). 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.
| RYSEX | HWSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 0.78 | +0.25 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.22 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.17 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.17 | +0.48 |
Martin ratioReturn relative to average drawdown | 5.46 | 4.34 | +1.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RYSEX | HWSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.78 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.42 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.41 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.47 | +0.04 |
Correlation
The correlation between RYSEX and HWSAX 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
RYSEX vs. HWSAX - Dividend Comparison
RYSEX's dividend yield for the trailing twelve months is around 11.87%, more than HWSAX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYSEX Royce Special Equity Fund | 11.87% | 12.36% | 16.35% | 5.32% | 12.34% | 16.53% | 3.70% | 11.56% | 13.11% | 8.24% | 7.72% | 11.68% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 0.64% | 0.69% | 8.19% | 1.79% | 13.39% | 0.22% | 0.63% | 4.62% | 9.45% | 4.80% | 0.00% | 11.67% |
Drawdowns
RYSEX vs. HWSAX - Drawdown Comparison
The maximum RYSEX drawdown since its inception was -43.25%, smaller than the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for RYSEX and HWSAX.
Loading graphics...
Drawdown Indicators
| RYSEX | HWSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.25% | -72.14% | +28.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -16.44% | +5.47% |
Max Drawdown (5Y)Largest decline over 5 years | -23.03% | -26.98% | +3.95% |
Max Drawdown (10Y)Largest decline over 10 years | -32.13% | -53.82% | +21.69% |
Current DrawdownCurrent decline from peak | -5.62% | -1.09% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -6.39% | -11.03% | +4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 4.43% | -1.11% |
Volatility
RYSEX vs. HWSAX - Volatility Comparison
The current volatility for Royce Special Equity Fund (RYSEX) is 3.54%, while Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) has a volatility of 4.45%. This indicates that RYSEX experiences smaller price fluctuations and is considered to be less risky than HWSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RYSEX | HWSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 4.45% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.66% | 12.99% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.14% | 23.99% | -5.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 21.71% | -5.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.40% | 24.65% | -7.25% |