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About Hotchkis & Wiley SMID Cap Diversified Value Fund
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Inception date
Mar 31, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Hotchkis & Wiley Capital Management LLC
Distributor
Quasar Distributors LLC
ISIN
US44134R4386
HWSM is an actively managed ETF focusing on small- to mid-cap companies. It invests primarily in undervalued companies through a fundamental value approach, addressing market inefficiencies from irrational investor behavior. Proprietary fundamental models used by an internal research team is used to build a portfolio of quality companies with strong balance sheets and prudent corporate governance. The portfolio holds 150-200 stocks, including foreign securities, leveraging a proprietary model combined with fundamental research. ESG factors are considered to assess financial materiality impacting company value and performance. Selling decisions are based on relative valuation, fundamental trends, deterioration of fundamentals, portfolio diversification, and strategy parameters, aiming to manage risk and optimize returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.01%
Finance33.80%
Producer Manufacturing9.66%
Utilities8.21%
Health Services5.29%
Electronic Technology4.58%
Health Technology4.22%
Commercial Services4.18%
Technology Services3.93%
Distribution Services3.61%
Consumer Durables3.55%
Consumer Services3.20%
Energy Minerals3.10%
Retail Trade2.82%
Process Industries2.66%
Industrial Services1.92%
Transportation1.87%
Consumer Non-Durables1.84%
Non-Energy Minerals0.56%
Bonds, Cash & Other0.99%
Mutual fund0.84%
Cash0.16%
Stock breakdown by region
North America94.45%
Europe5.55%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HWSM invests in stocks. The fund's major sectors are Finance, with 33.80% stocks, and Producer Manufacturing, with 9.66% of the basket. The assets are mostly located in the North America region.
HWSM top holdings are Centene Corporation and APA Corporation, occupying 1.20% and 1.15% of the portfolio correspondingly.
HWSM assets under management is 2.16 M USD. It's fallen 0.66% over the last month.
HWSM fund flows account for 1.91 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HWSM doesn't pay dividends to its holders.
HWSM shares are issued by HWCap Holdings LLC under the brand Hotchkis & Wiley. The ETF was launched on Mar 31, 2025, and its management style is Active.
HWSM expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
HWSM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HWSM invests in stocks.
HWSM trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.