HWMV vs IVV
Hotchkis & Wiley Mid-Cap Value Fund ETF vs iShares Core S&P 500 ETF
Which is better, HWMV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. HWMV is less concentrated, with 34.1% of the fund in its ten largest positions against 38.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HWMV | IVV |
|---|---|---|
| Expense Ratio | 0.94% | 0.03%Best |
| AUM | $507,981.87 | $850.0B |
| Dividend Yield | 0.00% | 1.09% |
| Holdings | 145 | 1,018 |
| YTD Return | +4.23% | +12.12%Best |
| 1Y Return | - | +12.53% |
| 3Y Return (annualized) | - | +21.54% |
| 5Y Return (annualized) | - | +11.93% |
| Top 10 Weight | 34.1%Best | 38.8% |
| Fund Family | Hotchkis & Wiley Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Sep 24, 2026 | May 15, 2000 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
HWMV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HWMV vs IVV Performance
Hotchkis & Wiley Mid-Cap Value Fund ETF (HWMV) is an ETF from Hotchkis & Wiley Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Year to date, HWMV is up 4.23% versus a gain of 12.12% for IVV.
Past performance does not guarantee future results.
Fees and Cost Over Time
HWMV charges 0.94% per year while IVV charges 0.03%. On a $10,000 position that is $94 vs $3 annually, a gap of $91 per year that compounds over a long holding period. On income, HWMV currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
40.2% of HWMV's money is in holdings IVV also owns. 0.9% of IVV's money is in holdings HWMV also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 71 positions we hold weights for in HWMV and 505 in IVV, against full books of 145 and 1,018.
What only one of them owns
Our book lists 475 positions for IVV that do not appear in our book for HWMV (98.7% of the fund), and 46 for HWMV that do not appear in IVV (55.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HWMV | Weight in IVV | Difference |
|---|---|---|---|
| APAApa Corp | 5.10% | 0.02% | 5.08% |
| AIGAmerican International Gr | 4.40% | 0.06% | 4.34% |
| WDAYWorkday, Inc., Class A | 4.16% | 0.06% | 4.10% |
| FIFiserv, Inc. (United States) | 2.98% | 0.04% | 2.94% |
| CNCCentene | 2.64% | 0.05% | 2.59% |
| UHSUniversal Health Services Inc. | 2.24% | 0.01% | 2.23% |
| SWKStanley Black Decker Inc. | 1.90% | 0.02% | 1.88% |
| OMCOmnicom Group Inc. | 1.88% | 0.03% | 1.85% |
| HUMHumana Inc. | 1.29% | 0.08% | 1.21% |
| LDOSLeidos Holdings, Inc. | 1.33% | 0.02% | 1.31% |
40.2% of HWMV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HWMV or IVV?
HWMV has an expense ratio of 0.94% while IVV charges 0.03%. IVV is the cheaper option, by $91 a year on a $10,000 investment.
What is the holdings overlap between HWMV and IVV?
40.2% of HWMV's money is in holdings IVV also owns. 0.9% of IVV's is in holdings HWMV also owns. They hold 24 positions in common, counted across the 71 positions we hold weights for in HWMV and 505 in IVV.
Which pays a higher dividend, HWMV or IVV?
HWMV yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Is IVV better than HWMV?
IVV has a lower expense ratio. HWMV is less concentrated, with 34.1% of the fund in its ten largest positions against 38.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.