ETF Evaluator: Hotchkis & Wiley Global Value ETF Class (HWGV) Follow This ETF

Hotchkis & Wiley Global Value ETF Class Overview

Hotchkis & Wiley Global Value ETF Class (HWGV) is an actively managed International Equity Global Large-Stock Value exchange-traded fund (ETF). Hotchkis & Wiley launched the ETF in 2026.

The investment seeks capital appreciation. The fund seeks to achieve its objective by investing primarily in U.S. and non-U.S. companies, which may include companies located or operating in established or emerging markets. Under normal circumstances, it will invest at least 40% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities of companies located outside of the U.S. The fund will invest primarily in companies located in developed countries, but may invest up to 20% of its assets in emerging markets.

About Hotchkis & Wiley Global Value ETF Class (HWGV)

There are 2 members of the management team with an average tenure of 13.67 years: Scott McBride (2012) and Scott Rosenthal (2012). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: MSCI World NR USD index with a weighting of 100%. Hotchkis & Wiley Global Value ETF Class has 63 securities in its portfolio. The top 10 holdings constitute 30.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Hotchkis & Wiley Global Value ETF Class is part of the Equity global asset class and is within the International Equity ETF group. Hotchkis & Wiley Global Value ETF Class has 37.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 61.2% There is 37.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Hotchkis & Wiley Global Value ETF Class has 1.6% of the portfolio in cash.

Assets Under Management

The fund has $503 million in total assets, which is below the $447 million average for the Global Large-Stock Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HWGV Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hotchkis & Wiley Global Value ETF Class expense ratio is above average compared to funds in the Global Large-Stock Value category. Hotchkis & Wiley Global Value ETF Class has an expense ratio of 0.70%, which is 12% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Hotchkis & Wiley Global Value ETF Class has a portfolio turnover rate of 61%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Value category.

Recently, in the month of August 2026, Hotchkis & Wiley Global Value ETF Class returned 4.1%, which earned it a grade of A, as the Global Large-Stock Value category had an average return of 2.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Hotchkis & Wiley Global Value ETF Class has a trailing yield of 0.00%, which is below the 2.29% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Hotchkis & Wiley Global Value ETF Class Grades

Year to date, the ETF has returned 16.0%, 1.1 percentage points worse than the category, which translates into a grade of C. The fund has returned 22.2% over the past year (grade of C), 19.9% over the past three years (grade of B) and 12.9% per year over the past five years (grade of B) and 11.6% per year over the past 10 years (grade of A).

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