HWSM vs VTI
Hotchkis & Wiley SMID Cap Diversified Value Fund ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, HWSM or VTI?
Mid Cap Value against Large Cap Blend.
VTI has a lower expense ratio. HWSM led over 1Y, VTI over the full window. HWSM is less concentrated, with 17.3% of the fund in its ten largest positions against 33.3%.
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 | HWSM | VTI |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $3M | $666.9B |
| Dividend Yield | 1.14% | 1.03% |
| Holdings | 166 | 3,543 |
| YTD Return | +14.09%Best | +12.08% |
| 1Y Return | +17.55%Best | +16.31% |
| 3Y Return (annualized) | - | +20.83% |
| 5Y Return (annualized) | - | +11.89% |
| Volatility (annualized) | 11.9%Tie | 11.9%Tie |
| Max Drawdown | -15.7% | -12.3%Best |
| $10,000 over 1.5 years | $12,950 | $13,969Best |
| Top 10 Weight | 17.3%Best | 33.3% |
| Fund Family | Hotchkis & Wiley Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Mar 31, 2025 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 31, 2025 to Sep 14, 2026 (1.5 years).
HWSM vs VTI 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 covers the 1.5 years both funds cover.
HWSM vs VTI Performance
Hotchkis & Wiley SMID Cap Diversified Value Fund ETF (HWSM) is an ETF from Hotchkis & Wiley Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year HWSM returned +17.55% while VTI returned +16.31%. Year to date, HWSM is up 14.09% versus a gain of 12.08% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HWSM and VTI have been equally volatile, both at 11.9% annualized.
The deepest peak-to-trough decline in our data was -15.7% for HWSM and -12.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HWSM charges 0.55% per year while VTI charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, HWSM currently yields 1.14% against 1.03% for VTI.
Holdings Overlap
92.0% of HWSM's money is in holdings VTI also owns. 2.4% of VTI's money is in holdings HWSM also owns.
Most of HWSM is already inside VTI. Owning both mostly buys the same companies twice.
155 positions in common, counted across the 165 positions we hold weights for in HWSM and 3,463 in VTI, against full books of 166 and 3,543.
What only one of them owns
Our book lists 1,032 positions for VTI that do not appear in our book for HWSM (95.1% of the fund), and 6 for HWSM that do not appear in VTI (5.4%).
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 HWSM | Weight in VTI | Difference |
|---|---|---|---|
| WDAYWorkday, Inc., Class A | 2.43% | 0.04% | 2.39% |
| FFIVF5 Networks Inc. | 2.35% | 0.03% | 2.32% |
| PPGPpg Industries Inc. | 1.88% | 0.03% | 1.85% |
| DDominion Energy Inc. | 1.81% | 0.08% | 1.73% |
| APAApa Corp | 1.81% | 0.02% | 1.79% |
| GEHCGe Healthcare Technologies Inc | 1.67% | 0.04% | 1.63% |
| STTState Street Corp. | 1.34% | 0.07% | 1.27% |
| AIGAmerican International Gr | 1.28% | 0.06% | 1.22% |
| HUMHumana Inc. | 1.20% | 0.06% | 1.14% |
| SOLVSolventum Corp | 1.19% | 0.02% | 1.17% |
92.0% of HWSM is already inside VTI.
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, HWSM or VTI?
HWSM has an expense ratio of 0.55% while VTI charges 0.03%. VTI is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, HWSM or VTI?
Over the past year HWSM returned +17.55% vs +16.31% for VTI, so HWSM leads on 1-year performance. Over the longest common window we track (2 years), HWSM annualized +18.81% vs +24.96% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HWSM or VTI?
HWSM and VTI have been equally volatile, both at 11.9% annualized. Worst drawdown: HWSM -15.7% vs VTI -12.3%.
Should I hold both HWSM and VTI?
HWSM and VTI have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HWSM and VTI?
92.0% of HWSM's money is in holdings VTI also owns. 2.4% of VTI's is in holdings HWSM also owns. They hold 155 positions in common, counted across the 165 positions we hold weights for in HWSM and 3,463 in VTI.
Which pays a higher dividend, HWSM or VTI?
HWSM yields 1.14% while VTI yields 1.03%, so HWSM currently pays the higher dividend yield.
Is VTI better than HWSM?
VTI has a lower expense ratio. HWSM led over 1Y, VTI over the full window. HWSM is less concentrated, with 17.3% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.