CVAR vs HWO
Cultivar ETF vs Hotchkis & Wiley Opportunities Fund ETF
Which is better, CVAR or HWO?
HWO has been ahead.
CVAR has a lower expense ratio. HWO led over 1Y. CVAR is less concentrated, with 25.1% of the fund in its ten largest positions against 45.5%.
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 | CVAR | HWO |
|---|---|---|
| Expense Ratio | 0.87%Best | 0.90% |
| AUM | $45M | $532,756.73 |
| Dividend Yield | 1.37% | 0.00% |
| Holdings | 271 | 53 |
| YTD Return | +8.68%Best | +5.80% |
| 1Y Return | +10.09% | - |
| 3Y Return (annualized) | +12.44% | - |
| Top 10 Weight | 25.1%Best | 45.5% |
| Fund Family | Cultivar ETF | Hotchkis & Wiley Funds |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Dec 22, 2021 | Jul 22, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
CVAR vs HWO 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.
CVAR vs HWO Performance
Cultivar ETF (CVAR) is an ETF from Cultivar ETF and Hotchkis & Wiley Opportunities Fund ETF (HWO) is an ETF from Hotchkis & Wiley Funds. Year to date, CVAR is up 8.68% versus a gain of 5.80% for HWO.
Past performance does not guarantee future results.
Fees and Cost Over Time
CVAR charges 0.87% per year while HWO charges 0.90%. On a $10,000 position that is $87 vs $90 annually, a gap of $3 per year that compounds over a long holding period. On income, CVAR currently yields 1.37% against 0.00% for HWO.
Holdings Overlap
3.6% of CVAR's money is in holdings HWO also owns. 2.3% of HWO's money is in holdings CVAR also owns.
CVAR and HWO share little of their money.
3 positions in common, counted across the 90 positions we hold weights for in CVAR and 53 in HWO, against full books of 271 and 53.
What only one of them owns
Our book lists 41 positions for HWO that do not appear in our book for CVAR (79.2% of the fund), and 80 for CVAR that do not appear in HWO (89.4%).
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.
You are not choosing between two funds in isolation.
Whichever of CVAR and HWO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CVAR or HWO?
CVAR has an expense ratio of 0.87% while HWO charges 0.90%. CVAR is the cheaper option, by $3 a year on a $10,000 investment.
What is the holdings overlap between CVAR and HWO?
3.6% of CVAR's money is in holdings HWO also owns. 2.3% of HWO's is in holdings CVAR also owns. They hold 3 positions in common, counted across the 90 positions we hold weights for in CVAR and 53 in HWO.
Which pays a higher dividend, CVAR or HWO?
CVAR yields 1.37% while HWO yields 0.00%, so CVAR currently pays the higher dividend yield.
Is HWO better than CVAR?
CVAR has a lower expense ratio. HWO led over 1Y. CVAR is less concentrated, with 25.1% of the fund in its ten largest positions against 45.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.