HWO vs TMVE
Hotchkis & Wiley Opportunities Fund ETF vs Thrivent Mid Cap Value ETF
Which is better, HWO or TMVE?
HWO has been ahead.
TMVE has a lower expense ratio. HWO led over 1Y. TMVE is less concentrated, with 19.1% 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 | HWO | TMVE |
|---|---|---|
| Expense Ratio | 0.90% | 0.55%Best |
| AUM | $532,756.73 | $284M |
| Dividend Yield | 0.00% | 0.11% |
| Holdings | 53 | 85 |
| YTD Return | +5.80% | +11.77%Best |
| 1Y Return | - | +19.91% |
| Top 10 Weight | 45.5% | 19.1%Best |
| Fund Family | Hotchkis & Wiley Funds | Thrivent Funds |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Jul 22, 2026 | Nov 17, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
HWO vs TMVE 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.
HWO vs TMVE Performance
Hotchkis & Wiley Opportunities Fund ETF (HWO) is an ETF from Hotchkis & Wiley Funds and Thrivent Mid Cap Value ETF (TMVE) is an ETF from Thrivent Funds. Year to date, HWO is up 5.80% versus a gain of 11.77% for TMVE.
Past performance does not guarantee future results.
Fees and Cost Over Time
HWO charges 0.90% per year while TMVE charges 0.55%. On a $10,000 position that is $90 vs $55 annually, a gap of $35 per year that compounds over a long holding period. On income, HWO currently yields 0.00% against 0.11% for TMVE.
Holdings Overlap
8.1% of HWO's money is in holdings TMVE also owns. 5.8% of TMVE's money is in holdings HWO also owns.
HWO and TMVE share little of their money.
4 positions in common, counted across the 53 positions we hold weights for in HWO and 84 in TMVE, against full books of 53 and 85.
What only one of them owns
Our book lists 71 positions for TMVE that do not appear in our book for HWO (84.1% of the fund), and 40 for HWO that do not appear in TMVE (73.4%).
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 HWO and TMVE 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, HWO or TMVE?
HWO has an expense ratio of 0.90% while TMVE charges 0.55%. TMVE is the cheaper option, by $35 a year on a $10,000 investment.
What is the holdings overlap between HWO and TMVE?
8.1% of HWO's money is in holdings TMVE also owns. 5.8% of TMVE's is in holdings HWO also owns. They hold 4 positions in common, counted across the 53 positions we hold weights for in HWO and 84 in TMVE.
Which pays a higher dividend, HWO or TMVE?
HWO yields 0.00% while TMVE yields 0.11%, so TMVE currently pays the higher dividend yield.
Is TMVE better than HWO?
TMVE has a lower expense ratio. HWO led over 1Y. TMVE is less concentrated, with 19.1% 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.