VIISX vs. HWTIX
VIISX (Virtus KAR International Small-Mid Cap Fund) and HWTIX (Hotchkis & Wiley International Small Cap Diversified Value Fund) are both Foreign Small & Mid Cap Equities funds. Over the past 5 years, VIISX returned -1.10%/yr vs 11.92%/yr for HWTIX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. VIISX charges 1.19%/yr vs 0.99%/yr for HWTIX.
Performance
VIISX vs. HWTIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VIISX achieves a 2.87% return, which is significantly lower than HWTIX's 15.58% return.
VIISX
- 1D
- -0.75%
- 1M
- 0.62%
- 6M
- -1.26%
- YTD
- 2.87%
- 1Y
- -0.49%
- 3Y*
- 8.52%
- 5Y*
- -1.10%
- 10Y*
- 7.80%
- ALL TIME*
- 8.28%
HWTIX
- 1D
- -1.02%
- 1M
- 4.75%
- 6M
- 9.80%
- YTD
- 15.58%
- 1Y
- 26.65%
- 3Y*
- 19.00%
- 5Y*
- 11.92%
- 10Y*
- —
- ALL TIME*
- 17.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VIISX vs. HWTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VIISX Virtus KAR International Small-Mid Cap Fund | 2.87% | 14.30% | 4.06% | 22.36% | -34.42% | 5.84% | 35.41% |
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund | 15.58% | 30.96% | 4.62% | 20.79% | -8.67% | 16.22% | 34.26% |
Correlation
The correlation between VIISX and HWTIX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2020 | 0.79 |
The correlation between VIISX and HWTIX has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VIISX vs. HWTIX — Risk / Return Rank
VIISX
HWTIX
VIISX vs. HWTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus KAR International Small-Mid Cap Fund (VIISX) and Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VIISX | HWTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -3.02 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.39 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 2.57 | -2.64 |
| Martin ratioReturn relative to average drawdown | -0.16 | 9.31 | -9.47 |
Loading charts...
Drawdowns
VIISX vs. HWTIX - Drawdown Comparison
The maximum VIISX drawdown since its inception was -50.31%, which is greater than HWTIX's maximum drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for VIISX and HWTIX.
Loading charts...
Drawdown Indicators
| VIISX | HWTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.31% | -29.57% | -20.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.51% | -10.75% | -2.76% |
Max Drawdown (3Y)Largest decline over 3 years | -14.94% | -29.57% | +14.63% |
Max Drawdown (5Y)Largest decline over 5 years | -50.31% | -29.57% | -20.74% |
Max Drawdown (10Y)Largest decline over 10 years | -50.31% | — | — |
Current DrawdownCurrent decline from peak | -9.43% | -1.02% | -8.41% |
Average DrawdownAverage peak-to-trough decline | -11.25% | -6.20% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.58% | 2.97% | +2.61% |
Volatility
VIISX vs. HWTIX - Volatility Comparison
Virtus KAR International Small-Mid Cap Fund (VIISX) has a higher volatility of 3.82% compared to Hotchkis & Wiley International Small Cap Diversified Value Fund (HWTIX) at 3.57%. This indicates that VIISX's price experiences larger fluctuations and is considered to be riskier than HWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VIISX | HWTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 3.57% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 10.87% | 10.39% | +0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.07% | 12.87% | +0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.28% | 22.89% | -6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.38% | 21.78% | -6.40% |
VIISX vs. HWTIX - Expense Ratio Comparison
VIISX has a 1.19% expense ratio, which is higher than HWTIX's 0.99% expense ratio.
Dividends
VIISX vs. HWTIX - Dividend Comparison
VIISX's dividend yield for the trailing twelve months is around 3.61%, less than HWTIX's 12.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWTIX Hotchkis & Wiley International Small Cap Diversified Value Fund | 12.11% | 4.68% | 31.95% | 6.64% | 5.32% | 22.94% | 4.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIISX Virtus KAR International Small-Mid Cap Fund | 3.61% | 3.72% | 1.94% | 0.00% | 0.00% | 8.43% | 1.16% | 1.98% | 1.42% | 1.82% | 2.75% | 3.43% |
Frequently Asked Questions
VIISX and HWTIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIISX has higher volatility (3.82%) compared to HWTIX (3.57%). In terms of maximum drawdown, VIISX dropped -50.31% vs HWTIX's -29.57%.
HWTIX currently has the higher Sharpe Ratio (2.15 vs -0.07), 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.
Find the right allocation for VIISX and HWTIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer