Federated Hermes International Leaders Fund (FGFAX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FGFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FGFAX
FGFAX charges 1.23% annually. There are 362 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | FGFAX vs FSGEX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | FGFAX vs FINVX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | FGFAX vs FIGSX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | FGFAX vs FHLFX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | FGFAX vs FSOSX |
Best Risk-Adjusted Alternatives to FGFAX
FGFAX has a PortfoliosLab risk / return rank of 38. There are 194 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Touchstone International Equity Fund | 92 | — | Mar 1993 | FGFAX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 92 | — | Jul 1998 | FGFAX vs GTMIX | |
| American Beacon Tocqueville International Value Fu... | 91 | — | Aug 1994 | FGFAX vs TIVFX | |
| Thornburg Global Opportunities Fund | 90 | — | Jul 2006 | FGFAX vs THOIX | |
| Dunham International Stock Fund | 89 | — | Dec 2004 | FGFAX vs DCINX |
Top Performing FGFAX Alternatives (YTD)
FGFAX is at 7.16% YTD. There are 303 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 34.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 34.71% | — | Aug 1994 | FGFAX vs TIVFX | |
| Calamos International Growth Fund | 30.88% | — | Mar 2005 | FGFAX vs CIGIX | |
| Fidelity SAI International SMA Completion Fund | 29.60% | — | Apr 2019 | FGFAX vs FISZX | |
| Lord Abbett International Growth Fund | 29.24% | — | Jun 2021 | FGFAX vs LIAGX | |
| John Hancock International Dynamic Growth Fund | 28.40% | — | May 2019 | FGFAX vs JIJIX |
Lowest Volatility Alternatives to FGFAX
FGFAX has 17.65% 1-year volatility. There are 343 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class C | 8.57% | — | Nov 1997 | FGFAX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class Z | 8.58% | — | Feb 2017 | FGFAX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class A | 8.58% | — | Sep 1996 | FGFAX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class I | 8.59% | — | Jul 1995 | FGFAX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | 8.60% | — | Apr 1990 | FGFAX vs FAERX |
Lowest Drawdown Alternatives to FGFAX
FGFAX has a 1-year max drawdown of -12.79%. There are 317 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | FGFAX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | FGFAX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | FGFAX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | FGFAX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | FGFAX vs FAERX |
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 | 90 | 11.33% | — | Mar 2005 | FGFAX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 16 | 1.85% | — | Sep 2005 | FGFAX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 9 | -0.61% | — | Sep 2008 | FGFAX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 16 | 10.68% | — | Feb 1986 | FGFAX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 42 | 4.66% | — | Oct 2002 | FGFAX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.36% | — | Aug 1984 | FGFAX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 69 | 1.02% | — | Dec 2008 | FGFAX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.07% | — | Dec 1995 | FGFAX vs BEARX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 54 | 1.34% | — | Aug 1984 | FGFAX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 61 | 0.93% | — | Nov 2002 | FGFAX vs FIHBX |
Often Compared With FGFAX
Investors most often compare FGFAX with GSIMX, GSINX, SSIFX. These 12 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FGFAX with Any Fund or Stock
Compare FGFAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FGFAX with funds that move differently
Federated Hermes International Leaders Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FGFAX.
Explore FGFAX Diversifiers