Federated Hermes Capital Income Fund (CAPAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CAPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAPAX
CAPAX charges 0.88% annually. There are 365 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | CAPAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CAPAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CAPAX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | CAPAX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | CAPAX vs BWBIX |
Best Risk-Adjusted Alternatives to CAPAX
CAPAX has a PortfoliosLab risk / return rank of 72. There are 142 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | CAPAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | CAPAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | CAPAX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | CAPAX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | CAPAX vs FSRRX |
Top Performing CAPAX Alternatives (YTD)
CAPAX is at 4.33% YTD. There are 408 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | CAPAX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | CAPAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | CAPAX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | CAPAX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | CAPAX vs BRUFX |
Lowest Volatility Alternatives to CAPAX
CAPAX has 6.20% 1-year volatility. There are 109 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | CAPAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | CAPAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | CAPAX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | CAPAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | CAPAX vs CSTAX |
Lowest Drawdown Alternatives to CAPAX
CAPAX has a 1-year max drawdown of -4.68%. There are 105 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | CAPAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CAPAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CAPAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CAPAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CAPAX vs CSTAX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 94 | 15.85% | — | Mar 2005 | CAPAX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 16 | 2.55% | — | Sep 2005 | CAPAX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 54 | 4.61% | — | Sep 2008 | CAPAX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 53 | 8.33% | — | Oct 2002 | CAPAX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 14 | 8.01% | — | Feb 1986 | CAPAX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 74 | 0.96% | — | Dec 2008 | CAPAX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.82% | — | Aug 1984 | CAPAX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 59 | 1.32% | — | Aug 1984 | CAPAX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 64 | 0.85% | — | Nov 2002 | CAPAX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.07% | — | Dec 1995 | CAPAX vs BEARX |
Often Compared With CAPAX
Investors most often compare CAPAX with INPFX, JNBSX, FWATX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CAPAX with Any Fund or Stock
Compare CAPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAPAX with funds that move differently
Federated Hermes Capital Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAPAX.
Explore CAPAX Diversifiers