HWSM vs TSMZ

Comparison between HOTCHKIS & WILEY SMID CAP DIVERSIFIED VALUE FUND (HWSM, ETF) and DIREXION DAILY TSM BEAR 1X SHARES (TSMZ, ETF).

HWSM vs TSMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWSM(ETF)	TSMZ(ETF)
Net Assets	$2.70M	$2.70M
Expense Ratio	0.55%	1.01%
Max Drawdown	15.67%	72.47%
Sharpe Ratio	1.28	-2.01
5Y Beta	0.92	-1.53
P/E Ratio	17.51	N/A
Forward P/E	11.65	N/A
5Y EPS CAGR	8.27%	N/A
Debt to Equity	68.53%	N/A
P/S Ratio	0.98	N/A
P/B Ratio	1.76	N/A

Net Assets

HWSM

$2.70M

TSMZ

$2.70M

Expense Ratio

Winner

HWSM

0.55%

TSMZ

1.01%

Max Drawdown

Winner

HWSM

15.67%

TSMZ

72.47%

Sharpe Ratio

Winner

HWSM

1.28

TSMZ

-2.01

5Y Beta

HWSM

0.92

Winner

TSMZ

-1.53

P/E Ratio

HWSM

17.51

TSMZ

N/A

Forward P/E

HWSM

11.65

TSMZ

N/A

5Y EPS CAGR

HWSM

8.27%

TSMZ

N/A

Debt to Equity

HWSM

68.53%

TSMZ

N/A

P/S Ratio

HWSM

0.98

TSMZ

N/A

P/B Ratio

HWSM

1.76

TSMZ

N/A

HWSM vs TSMZ - Historical Returns

Returns include dividend reinvestment.

Period	HWSM	TSMZ
1 month	+6.38%	-7.56%
3 months	+13.86%	-23.20%
6 months	+11.21%	-34.77%
1 year	+25.37%	-53.32%
Max(CAGR)	+21.19%	-46.24%

Winner

HWSM

+6.38%

TSMZ

-7.56%

Winner

HWSM

+13.86%

TSMZ

-23.20%

Winner

HWSM

+11.21%

TSMZ

-34.77%

Winner

HWSM

+25.37%

TSMZ

-53.32%

Max(CAGR)

Winner

HWSM

+21.19%

TSMZ

-46.24%

HWSM vs TSMZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	HWSM	TSMZ
2026	+11.77%	-28.36%
2025	+11.52%	-40.79%
2024	N/A	-11.20%

HWSM vs TSMZ Drawdown Comparison

The maximum drawdown for HWSM was -15.67%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.

The maximum drawdown for TSMZ was -71.59%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current TSMZ drawdown is -70.30%.

Rank	HWSM	TSMZ
#1	-15.67% Apr 2, 2025 - Jun 27, 2025	-71.59% Apr 8, 2025 - Jun 2, 2026
#2	-10.23% Feb 20, 2026 - May 26, 2026	-22.49% Oct 3, 2024 - Mar 28, 2025
#3	-6.82% Sep 11, 2025 - Dec 10, 2025	-3.02% Mar 28, 2025 - Apr 3, 2025
#4	-4.61% Jul 23, 2025 - Aug 13, 2025	N/A
#5	-3.07% Jul 10, 2025 - Jul 23, 2025	N/A
#6	-2.20% Jan 15, 2026 - Jan 21, 2026	N/A
#7	-2.01% Dec 11, 2025 - Jan 5, 2026	N/A
#8	-1.77% Jan 22, 2026 - Feb 4, 2026	N/A
#9	-1.63% Aug 13, 2025 - Aug 22, 2025	N/A
#10	-1.47% Feb 6, 2026 - Feb 18, 2026	N/A
#11	-1.42% Jul 3, 2025 - Jul 10, 2025	N/A
#12	-1.16% Jan 6, 2026 - Jan 8, 2026	N/A
#13	-1.15% Sep 5, 2025 - Sep 11, 2025	N/A
#14	-1.14% Aug 27, 2025 - Sep 4, 2025	N/A
#15	-1.11% Feb 4, 2026 - Feb 6, 2026	N/A

Correlation

Correlation between HWSM and TSMZ is -0.92 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.92

-101