FEUGX Alternatives & Similar Mutual Funds

Federated Hermes Adjustable Rate Fund (FEUGX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FEUGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FEUGX

FEUGX charges 0.55% annually. There are 55 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	FEUGX vs GUSTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	FEUGX vs FUAMX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	FEUGX vs FBLTX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	FEUGX vs FUTBX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	FEUGX vs FUMBX

Best Risk-Adjusted Alternatives to FEUGX

FEUGX has a PortfoliosLab risk / return rank of 99. No mutual funds in the Government Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	FEUGX vs GUSTX
MDSIX	Integrity Short Term Government Fund	87	—	Jun 2011	FEUGX vs MDSIX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	84	—	Aug 2010	FEUGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	82	33.90B	Dec 2009	FEUGX vs VSBSX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	76	6.60B	Feb 2015	FEUGX vs VGIVX

Top Performing FEUGX Alternatives (YTD)

FEUGX is at 1.82% YTD. There are 3 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.03%.

Symbol	Name	YTD Return	AUM	Inception
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	2.03%	6.60B	Feb 2015	FEUGX vs VGIVX
VGAVX	Vanguard Emerging Markets Government Bond Index Fu...	1.96%	6.60B	May 2013	FEUGX vs VGAVX
MDSIX	Integrity Short Term Government Fund	1.88%	—	Jun 2011	FEUGX vs MDSIX
DFFGX	DFA Short-Term Government Portfolio	1.38%	—	May 1987	FEUGX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.26%	—	Mar 2009	FEUGX vs GUSTX

Lowest Volatility Alternatives to FEUGX

FEUGX has 1.41% 1-year volatility. There are 4 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	1.24%	—	Mar 2009	FEUGX vs GUSTX
DFFGX	DFA Short-Term Government Portfolio	1.26%	—	May 1987	FEUGX vs DFFGX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.31%	33.90B	Dec 2009	FEUGX vs VSBSX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.31%	—	Aug 2010	FEUGX vs VSBIX
VFFIX	Victory INCORE Fund for Income Class I	1.76%	—	—	FEUGX vs VFFIX

Lowest Drawdown Alternatives to FEUGX

FEUGX has a 1-year max drawdown of -0.32%. There is 1 mutual fund in the Government Bonds category with a shallower 1-year drawdown, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	FEUGX vs GUSTX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	FEUGX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	FEUGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.90B	Dec 2009	FEUGX vs VSBSX
TWUSX	American Century Short-Term Government Fund	-0.98%	185.08M	Dec 1982	FEUGX vs TWUSX

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
SVAIX	Federated Hermes Strategic Value Dividend Fund	Large Cap Value Equities	80	9.26%	—	Mar 2005	FEUGX vs SVAIX
QILGX	Federated Hermes MDT Large Cap Growth Fund	Large Cap Growth Equities	21	4.35%	—	Sep 2005	FEUGX vs QILGX
QAMNX	Federated Hermes MDT Market Neutral A	Long-Short	7	-1.17%	—	Sep 2008	FEUGX vs QAMNX
KAUFX	Federated Hermes Kaufmann Fd	Mid Cap Growth Equities	17	10.68%	—	Feb 1986	FEUGX vs KAUFX
QIACX	Federated Hermes MDT All Cap Core Fund	Large Cap Blend Equities	46	5.68%	—	Oct 2002	FEUGX vs QIACX
FGSAX	Federated Hermes MDT Mid Cap Growth Fund	Mid Cap Growth Equities	4	0.10%	—	Aug 1984	FEUGX vs FGSAX
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	67	1.19%	—	Dec 2008	FEUGX vs FHYSX
BEARX	Federated Hermes Prudent Bear Fd	Inverse Equities	0	-7.65%	—	Dec 1995	FEUGX vs BEARX
FIHBX	Federated Hermes Institutional High Yield Bond Fun...	High Yield Bonds	61	1.04%	—	Nov 2002	FEUGX vs FIHBX
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	52	1.34%	—	Aug 1984	FEUGX vs FHYTX

Often Compared With FEUGX

Investors most often compare FEUGX with OGVCX, FVIIX, HLGAX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
OGVCX	JPMorgan Government Bond Fund Class C	Government Bonds	10	-0.62%	—	—	FEUGX vs OGVCX
FVIIX	Fidelity Advisor Government Income Fund Class I	Government Bonds	15	0.09%	—	Oct 2006	FEUGX vs FVIIX
HLGAX	JPMorgan Government Bond Fund	Government Bonds	13	-0.28%	—	Feb 1993	FEUGX vs HLGAX
CFSTX	Commerce Short Term Government Fund	Government Bonds	17	-0.61%	—	Dec 1994	FEUGX vs CFSTX
GGIFX	Victory INCORE Fund for Income	Government Bonds	50	0.24%	—	Sep 1987	FEUGX vs GGIFX
CMPGX	Principal Government & High Quality Bond Fund	Government Bonds	19	-0.03%	—	May 1984	FEUGX vs CMPGX
LTUSX	Thornburg Limited Term U.S. Government Fund	Government Bonds	24	0.23%	—	Nov 1987	FEUGX vs LTUSX
PEDIX	PIMCO Extended Duration Fund	Government Bonds	6	0.85%	—	Aug 2006	FEUGX vs PEDIX
VUSTX	Vanguard Long-Term Treasury Fund Investor Shares	Government Bonds	7	-0.05%	2.80B	May 1986	FEUGX vs VUSTX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	Government Bonds	6	0.13%	—	Dec 2005	FEUGX vs FNBGX
SGINX	DWS GNMA Fund	Government Bonds	22	-0.30%	—	Jul 2000	FEUGX vs SGINX
FKUSX	Franklin U.S. Government Securities Fund	Government Bonds	19	0.37%	—	May 1970	FEUGX vs FKUSX
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	39	0.69%	—	Nov 1985	FEUGX vs PRGMX
TCSGX	SEI Daily Income Trust Short-Duration Government F...	Government Bonds	50	0.18%	—	Feb 1987	FEUGX vs TCSGX
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	10	-0.94%	—	Oct 1985	FEUGX vs AMUSX
WHOSX	Wasatch-Hoisington U.S. Treasury Fund	Government Bonds	4	-1.05%	—	Dec 1986	FEUGX vs WHOSX
DPIGX	Dupree Intermediate Government Bond Series	Government Bonds	20	-0.39%	—	Jul 1992	FEUGX vs DPIGX
PYUSX	Payden U.S. Government Fund	Government Bonds	30	-0.15%	—	Jan 1995	FEUGX vs PYUSX
ISCAX	Federated Hermes International Small-Mid Company F...	Foreign Small & Mid Cap Equities	37	10.85%	—	Feb 1996	FEUGX vs ISCAX
VFIJX	Vanguard GNMA Fund Admiral Shares	Government Bonds	30	0.72%	11.00B	Feb 2001	FEUGX vs VFIJX

Compare FEUGX with Any Fund or Stock

Compare FEUGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FEUGX with funds that move differently

Federated Hermes Adjustable Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEUGX.

Explore FEUGX Diversifiers

Federated Hermes Adjustable Rate Fund (FEUGX) Alternatives