HWGV vs SFGV: Grades, Fees and Holdings Compared

Hotchkis & Wiley Global Value Fund

HWGV—Nasdaq

Sequoia Global Value ETF

SFGVANYSE Arca

Overlap

5.1%by weight

Expense ratio

SFGV −0.37pt a year

HWGV0.70%SFGV0.33%

Avg volume · 30D

SFGV 6.1×the volume

HWGV2.34KSFGV14.3K

HWGV vs SFGV Performance

Sep 30, 2026 – Oct 30, 2026

+6.3%HWGV+2.3%SFGV

Expense ratio: HWGV 0.70%; SFGV 0.33%, better
Fund size: HWGV $3M; SFGV $1.18B
1Y total return: HWGV No data; SFGV +18.5%
Yield (12M): HWGV No data; SFGV 2.23%
Holdings: HWGV 59; SFGV 517
Avg volume (30D): HWGV 2.34K sh; SFGV 14.3K sh, better
NAV per share: HWGV $25.45; SFGV $36.02
52W range

ETF.net Grade

—HWGVNot yet graded

Pillar letters and Scores for HWGV, SFGV, with each pillar’s weight
Pillar	HWGV	SFGV
Cost30% weight	Not scored	A93
Mission25% weight	Not scored	Not scored
Risk15% weight	Not scored	A76
Tradability15% weight	Not scored	C53
Holdings10% weight	Not scored	C43
Durability5% weight	Not scored	A75

Rank among Global Active Value funds

How we build Categories ›

Global Active Value⁠

Category · 15 funds

See all 15 ›

SFGV ranks 3rd of 15 funds in the Global Active Value Category.

Rank 1AAVGVAvantis All Equity Markets Value ETF 9Score 77
Rank 2AFEGEFirst Eagle Global Equity ETFScore 74
Rank 3ASFGVSequoia Global Value ETFScore 73
Rank 4BFPAGFPA Global Equity ETFScore 63
HWGVNot yet graded

Our read on each fund

ETF.net Research

HWGV—Hotchkis & Wiley Global Value Fund

SFGVASequoia Global Value ETF

In short

HWGV No data

SFGV A wealth manager's global value model in ETF clothing: SFGV hunts profitable companies with cheap cash flows and a habit of paying shareholders back, at 0.33% net of a waiver through March 31, 2027, below most global value rivals.

Stated mandate

HWGV No data

SFGV The Fund seeks long-term growth of capital.

Why people hold it

HWGV No data

SFGV Value here means cash, not book value: the US sleeve starts with roughly the 3,000 largest American companies, then ranks them on shareholder yield and free cash flow yield.etfarchitect.com
0.33% net of a waiver through March 31, 2027 (0.38% gross), below the category median and under peers like FEGE at 0.50% net of a waiver through December 31, 2026, and GKAT at 0.59%.
One ticket spans US, developed-international and emerging-market stocks across large, mid and small caps, held through individual names plus ETFs. Pays quarterly.etfarchitect.com
Trading since January 2024 and already a billion-dollar-plus fund, it sits in the upper tier of its global value peer group.

Worth knowing

HWGV No data

SFGV It trades thinly, so spreads can be wider than on the big index names. That cost sits outside the expense ratio.
Part of the portfolio is held through other ETFs, whose own expenses stack on top of this fund's fee.etfarchitect.com
The name is younger than the fund: it traded as CCM Global Equity ETF until October 29, 2025, so part of the record predates the Sequoia label.etfarchitect.com

Full HWGV profile⁠

Full SFGV profile⁠

HWGV vs SFGV Holdings

How HWGV and SFGV differ

Overlap by weight

5.1%

Shared holdings make up 30.6% of HWGV and 5.1% of SFGV.

Level by level

Holdings17 in both5.1%
Sector11 Sectors76.3%
Countryby domicile77.4%
Asset classEquity100%

Sector

Sector weights in HWGV and SFGV, widest gap first
Sector	More in HWGVMore in SFGV	HWGV	SFGV
Technology	HWGV +12.0 points	24.4%	12.4%
Consumer Discretionary	SFGV +7.1 points	5.2%	12.3%
Health Care	HWGV +6.1 points	18.3%	12.2%
Real Estate	SFGV +5.8 points	0.0%	5.8%
Industrials	SFGV +5.6 points	9.5%	15.1%
Communication	HWGV +3.4 points	6.3%	2.9%
Consumer Staples	SFGV +2.7 points	6.0%	8.8%
Utilities	HWGV +2.3 points	3.2%	0.9%
Materials	SFGV +1.5 points	5.3%	6.8%
Energy	SFGV +1.0 points	7.8%	8.8%
Financials	Same weight	13.8%	13.9%

Country, concentration and asset class

Country by domicile

Country weights in HWGV and SFGV, widest gap first
Country	More in HWGVMore in SFGV	HWGV	SFGV
United Kingdom	HWGV +6.7 points	9.6%	2.9%
Netherlands	HWGV +5.7 points	6.6%	0.9%
Japan	SFGV +5.1 points	1.3%	6.4%
France	HWGV +3.2 points	4.7%	1.5%
South Korea	SFGV +2.7 points	0.0%	2.7%
Germany	HWGV +2.4 points	3.8%	1.4%
China	SFGV +2.2 points	0.0%	2.2%
United States	SFGV +2.2 points	61.5%	63.7%
Other countries (30)	SFGV +5.8 points	12.5%	18.3%

Outside the US: HWGV 89% developed, 11% emerging. SFGV 66% developed, 34% emerging.

Concentration

Weight in the 10 largest Holdings

HWGV30.4%
SFGV46.4%

Securities held

HWGV58
SFGV517

Asset class

HWGV: Equity
SFGV: Equity

Holdings

Only in HWGV41
In both17
Only in SFGV500

Only in HWGV

41 securities, 69.2% of HWGV by weight

Workday Inc5.03%
GE HealthCare Technologies Inc3.49%
Elevance Health Inc3.06%
Fiserv Inc2.58%
Akzo Nobel NV2.56%
Shell PLC2.51%
Check Point Software Technologies Ltd2.40%
Heineken Holding NV2.32%
National Grid PLC2.24%
CDW Corp/DE2.24%
Telefonaktiebolaget LM Ericsson2.20%
CNH Industrial NV2.15%
Julius Baer Group Ltd2.15%
Wpp PLC2.04%
Accor SA1.92%
Intuit Inc1.83%
AstraZeneca PLC1.72%
Sap SE1.61%
Siemens AG1.56%
TotalEnergies SE1.51%
Taiwan Semiconductor Manufacturing Co Ltd1.46%
Gsk PLC1.45%
General Motors Co1.45%
Magna International Inc1.40%
PPG Industries Inc1.38%
Nippon Sanso Holdings Corp1.28%
Qantas Airways Ltd1.22%
Humana Inc1.14%
Banca Monte dei Paschi di Siena SpA1.13%
BNP Paribas SA1.09%
Biogen Inc1.06%
U-Haul Holding Co1.04%
Honeywell Aerospace Inc0.97%
Dominion Energy Inc0.94%
Koninklijke Philips NV0.91%
Vodafone Group PLC0.83%
Cummins Inc0.77%
Unilever PLC0.72%
Airbus Group SE0.70%
F5 Inc0.69%
Bayerische Motoren Werke AG0.50%

Only in SFGV

500 securities, 94.9% of SFGV by weight

Vanguard Ftse Developed Etf20.04%
Vanguard FTSE Emerging Markets ETF5.96%
Avantis Real Estate ETF5.07%
Avantis International Small Cap Value ETF5.02%
Avantis Emerging Markets Value ETF4.01%
Meta Platforms Inc1.75%
Apple Inc1.33%
Merck & Co Inc1.11%
Accenture PLC1.07%
AbbVie Inc1.02%
McKesson Corp1.02%
Newmont Corp0.98%
Procter & Gamble Co/The0.81%
Altria Group Inc0.80%
PepsiCo Inc0.80%
Home Depot Inc/The0.71%
TJX Cos Inc/The0.68%
Lockheed Martin Corp0.68%
Nucor Corp0.65%
Automatic Data Processing Inc0.64%
Cardinal Health Inc0.63%
Booking Holdings Inc0.63%
General Dynamics Corp0.62%
Colgate-Palmolive Co0.62%
ExxonMobil Holdings Corp0.61%
Target Corp0.59%
ConocoPhillips0.57%
Illinois Tool Works Inc0.55%
Linde PLC0.55%
Chevron Corp0.54%
JPMorgan Chase & Co.0.54%
United Parcel Service Inc0.54%
Abbott Laboratories0.53%
Ross Stores Inc0.52%
NetApp Inc0.50%
O'Reilly Automotive Inc0.49%
Valero Energy Corp0.47%
Airbnb Inc0.47%
EOG Resources Inc0.44%
Motorola Solutions Inc0.43%
Alphabet Inc0.42%
Alphabet Inc0.42%
SLB Ltd0.42%
WW Grainger Inc0.41%
Kimberly-Clark Corp0.40%
Steel Dynamics Inc0.38%
AutoZone Inc0.35%
eBay Inc0.34%
Ferguson Enterprises Inc0.34%
Baker Hughes Co0.32%

Weight gaps

All 17 Holdings in both funds, largest gap first.

Holding weights in HWGV and SFGV, widest gap first
Holding	More in HWGVMore in SFGV	HWGV	SFGV
American International Group IncAIG	HWGV +3.35 points	3.45%	0.10%
Cigna Group/TheCI	HWGV +2.60 points	2.70%	0.10%
First American Government Obligations Fund 12/01/2031	HWGV +2.43 points	2.63%	0.20%
APA CorpAPA	HWGV +2.22 points	2.31%	0.09%
Wells Fargo & CoWFC	HWGV +1.86 points	2.07%	0.21%
US BancorpUSB	HWGV +1.78 points	1.90%	0.12%
Comcast CorpCMCSA	HWGV +1.72 points	1.88%	0.16%
Ovintiv IncOVV	HWGV +1.69 points	1.71%	0.02%
Mondelez International IncMDLZ	HWGV +1.64 points	1.97%	0.33%
Medtronic PLCMDT	HWGV +1.34 points	2.38%	1.04%
Omnicom Group IncOMC	HWGV +1.22 points	1.46%	0.24%
Kraft Heinz Co/TheKHC	HWGV +0.86 points	0.89%	0.03%
Truist Financial CorpTFC	HWGV +0.86 points	0.97%	0.11%
PACCAR IncPCAR	HWGV +0.72 points	0.92%	0.20%
Citigroup IncC	HWGV +0.70 points	0.89%	0.19%
Salesforce IncCRM	HWGV +0.45 points	1.48%	1.03%
QUALCOMM IncQCOM	Same weight	0.99%	0.99%

All HWGV holdings⁠All SFGV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

HWGV vs SFGV Cost

Overpaying HWGV vs SFGV

$6,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

HWGV 0.70%
$13,606
SFGV 0.33%
$6,737

Amount$10,000

Years30 years

Cost over time

HWGV 0.70%
SFGV 0.33%
Overpaying

Year by year

Year	HWGV	SFGV	Overpaying
10	$1,250	$598	$652
20	$4,760	$2,318	$2,442
30	$13,606	$6,737	$6,869

Expense ratio

0.70%HWGV
0.33%SFGV, cheaper

SFGV0.33%HWGV0.70%

0.26%1.70%

Middle half of Global Active Value funds
Median 0.68%

SFGV 2nd cheapest of 15 funds

HWGV 9th cheapest of 15 funds

HWGV vs SFGV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HWGV No data; SFGV 2.23%
Payout (12M): HWGV None; SFGV $0.80
Last payment: HWGV No data; SFGV $0.14
Ex-dividend: HWGV No data; SFGV Sep 28, 2026
Paid on: HWGV No data; SFGV Sep 30, 2026
Frequency: HWGV No data; SFGV Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

HWGVAll HWGV payments⁠

No distribution history available.

SFGVQuarterly · 11 paymentsAll SFGV payments⁠

HWGV vs SFGV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: HWGV No dataSFGV 10.6%since Feb 2024
Return per unit of riskSharpe ratio, 3 years: HWGV No dataSFGV 1.02since Feb 2024
Worst fallMax drawdown, 5 years: HWGV No dataSFGV −14.5%since Jan 2024
Market sensitivityBeta, 5 years: HWGV 0.85SFGV 0.59; Market = 1

HWGV and SFGV in the news

All news⁠

New ETFs
Hotchkis & Wiley added an ETF class to its 1997 mid-cap value fund
Oct 5, 2026HWGV

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HWGV vs SFGV

In short

Stated mandate

Why people hold it

Worth knowing

How HWGV and SFGV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HWGV

Only in SFGV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Hotchkis & Wiley added an ETF class to its 1997 mid-cap value fund

How HWGV and SFGV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HWGV

Only in SFGV

Weight gaps