ETF Evaluator: Hotchkis and Wiley Intl Val ETF Class (HWIV) Follow This ETF

Hotchkis and Wiley Intl Val ETF Class Overview

Hotchkis and Wiley Intl Val ETF Class (HWIV) is an actively managed International Equity Foreign Large Value exchange-traded fund (ETF). Hotchkis & Wiley launched the ETF in 2026.

The investment seeks capital appreciation. It invests at least 80% of its net assets (plus borrowings for investment purposes) primarily in non-U.S. companies (as defined above) that meet the Advisor’s definition of value.

About Hotchkis and Wiley Intl Val ETF Class (HWIV)

There are 3 members of the management team with an average tenure of 0.03 years: Scott Rosenthal (2026), Hunter Doble (2026) and David Green (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI World Net USD NR USD index with a weighting of 100% and MSCI World ex USA NR USD index with a weighting of 100%. Hotchkis and Wiley Intl Val ETF Class has 61 securities in its portfolio. The top 10 holdings constitute 34.5% 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 and Wiley Intl Val ETF Class is part of the Equity global asset class and is within the International Equity ETF group. Hotchkis and Wiley Intl Val ETF Class has 95.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 3.0% There is 95.8% 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 and Wiley Intl Val ETF Class has 2.0% of the portfolio in cash.

Assets Under Management

The fund has $521 million in total assets, which is below the $2 billion average for the Foreign Large 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.

HWIV 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 and Wiley Intl Val ETF Class expense ratio is above average compared to funds in the Foreign Large Value category. Hotchkis and Wiley Intl Val ETF Class has an expense ratio of 0.70%, which is 51% higher than its category average, making the fund expense ratio grade a F. 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 and Wiley Intl Val ETF Class has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 44% for the Foreign Large Value category.

Recently, in the month of July 2026, Hotchkis and Wiley Intl Val ETF Class returned 0.0%, which earned it a grade of NA, as the Foreign Large Value category had an average return of 4.5%. 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 and Wiley Intl Val ETF Class has a trailing yield of 0.00%, which is below the 3.26% 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.

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