# Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM) — Overview

HWSM · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/hwsm

## Price

Last close $30.90 on Oct 15, 2026. 52-week range $25.49 – $32.36.

## Fund profile

The SMID Cap Diversified Value ETF is a diversified portfolio that targets undervalued small and mid cap stocks that are often out of favor and/or underfollowed.

| Metric | Value |
| --- | --- |
| Issuer | Hotchkis & Wiley Capital Management, LLC |
| Industry | — |
| Inception | Mar 31, 2025 |
| Assets under management | $2.7M |
| Expense ratio | 0.55% |
| Net asset value | $30.27 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM)?

The SMID Cap Diversified Value ETF is a diversified portfolio that targets undervalued small and mid cap stocks that are often out of favor and/or underfollowed.

### What is HWSM's expense ratio?

Hotchkis & Wiley SMID Cap Diversified Value Fund charges an annual expense ratio of 0.55%. The fund is issued by Hotchkis & Wiley Capital Management, LLC.

### How large is HWSM?

Hotchkis & Wiley SMID Cap Diversified Value Fund manages $2.7M in assets and has traded since Mar 31, 2025.

### How do I buy shares of Hotchkis & Wiley SMID Cap Diversified Value Fund (HWSM)?

HWSM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).