FGSAX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to FGSAX

FGSAX charges 1.15% annually. There are 127 mutual funds in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
SSMHX	State Street Small/Mid Cap Equity Index Portfolio	0.02%	—	Aug 2015	FGSAX vs SSMHX
MMGPX	Morgan Stanley Discovery Portfolio	0.04%	—	Apr 2017	FGSAX vs MMGPX
FMDGX	Fidelity Mid Cap Growth Index Fund	0.05%	—	Jul 2019	FGSAX vs FMDGX
VMGMX	Vanguard Mid-Cap Growth Index Fund Admiral Shares	0.07%	33.80B	Sep 2011	FGSAX vs VMGMX
VMFGX	Vanguard S&P Mid-Cap 400 Growth Index Fund Institu...	0.08%	—	Mar 2011	FGSAX vs VMFGX

Best Risk-Adjusted Alternatives to FGSAX

FGSAX has a PortfoliosLab risk / return rank of 4. There are 127 mutual funds in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
NEEIX	Needham Growth Fund Institutional Class	93	—	Dec 2016	FGSAX vs NEEIX
NEEGX	Needham Growth Fund	93	—	Jan 1996	FGSAX vs NEEGX
VHCOX	Vanguard Capital Opportunity Fund Investor Shares	92	31.20B	Aug 1995	FGSAX vs VHCOX
TAAGX	Timothy Plan Aggressive Growth Fund	92	—	Oct 2000	FGSAX vs TAAGX
POAGX	PrimeCap Odyssey Aggressive Growth Fund	86	—	Nov 2004	FGSAX vs POAGX

Top Performing FGSAX Alternatives (YTD)

FGSAX is at 0.10% YTD. There are 135 mutual funds in the Mid Cap Growth Equities category with higher YTD returns, going as high as 65.52%.

Symbol	Name	YTD Return	AUM	Inception
NEEIX	Needham Growth Fund Institutional Class	65.52%	—	Dec 2016	FGSAX vs NEEIX
NEEGX	Needham Growth Fund	65.21%	—	Jan 1996	FGSAX vs NEEGX
TAAGX	Timothy Plan Aggressive Growth Fund	42.04%	—	Oct 2000	FGSAX vs TAAGX
CTIGX	Calamos Timpani SMID Growth Fund	30.42%	—	Jul 2019	FGSAX vs CTIGX
OEGYX	Invesco Discovery Mid Cap Growth Fund	28.52%	—	Nov 2000	FGSAX vs OEGYX

Lowest Volatility Alternatives to FGSAX

FGSAX has 17.41% 1-year volatility. There are 61 mutual funds in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 11.10%.

Symbol	Name	Volatility 1Y	AUM	Inception
VLEQX	Villere Equity Fund	11.10%	—	May 2013	FGSAX vs VLEQX
BBMIX	BBH Select Series - Mid Cap Fund	11.14%	—	May 2021	FGSAX vs BBMIX
BQMGX	Bright Rock Mid Cap Growth Fund	12.30%	—	May 2010	FGSAX vs BQMGX
VSNGX	JPMorgan Mid Cap Equity Fund	12.72%	—	Dec 1996	FGSAX vs VSNGX
RIPIX	Royce International Premier Fund Institutional Cla...	13.31%	—	—	FGSAX vs RIPIX

Lowest Drawdown Alternatives to FGSAX

FGSAX has a 1-year max drawdown of -13.73%. There are 73 mutual funds in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
MGOYX	Victory Munder Mid-Cap Core Growth Fund	-7.81%	—	Jun 1998	FGSAX vs MGOYX
VLEQX	Villere Equity Fund	-8.09%	—	May 2013	FGSAX vs VLEQX
VSNGX	JPMorgan Mid Cap Equity Fund	-8.24%	—	Dec 1996	FGSAX vs VSNGX
BBMIX	BBH Select Series - Mid Cap Fund	-8.89%	—	May 2021	FGSAX vs BBMIX
SECUX	Guggenheim StylePlus - Mid Growth Fund	-9.17%	—	Sep 1969	FGSAX vs SECUX

Other Mutual Funds from Federated

The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 8 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	FGSAX vs SVAIX
QILGX	Federated Hermes MDT Large Cap Growth Fund	Large Cap Growth Equities	21	4.35%	—	Sep 2005	FGSAX vs QILGX
QAMNX	Federated Hermes MDT Market Neutral A	Long-Short	7	-1.17%	—	Sep 2008	FGSAX vs QAMNX
KAUFX	Federated Hermes Kaufmann Fd	Mid Cap Growth Equities	17	10.68%	—	Feb 1986	FGSAX vs KAUFX
QIACX	Federated Hermes MDT All Cap Core Fund	Large Cap Blend Equities	46	5.68%	—	Oct 2002	FGSAX vs QIACX
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	67	1.19%	—	Dec 2008	FGSAX vs FHYSX
BEARX	Federated Hermes Prudent Bear Fd	Inverse Equities	0	-7.65%	—	Dec 1995	FGSAX vs BEARX
FIHBX	Federated Hermes Institutional High Yield Bond Fun...	High Yield Bonds	61	1.04%	—	Nov 2002	FGSAX vs FIHBX
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	52	1.34%	—	Aug 1984	FGSAX vs FHYTX
ISCAX	Federated Hermes International Small-Mid Company F...	Foreign Small & Mid Cap Equities	37	10.85%	—	Feb 1996	FGSAX vs ISCAX

Often Compared With FGSAX

Investors most often compare FGSAX with PIPAX, MVCAX, ^GSPC. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PIPAX	PIMCO StocksPLUS® International Fund (U.S. Dollar-...	Foreign Large Cap Equities	35	12.90%	—	Oct 2003	FGSAX vs PIPAX
MVCAX	MFS Mid Cap Value Fund	Mid Cap Value Equities	32	10.91%	—	Aug 2001	FGSAX vs MVCAX
^GSPC	S&P 500 Index		61	7.60%	—	—	FGSAX vs ^GSPC
TRMCX	T. Rowe Price Mid-Cap Value Fund	Mid Cap Value Equities	66	18.18%	—	Jun 1996	FGSAX vs TRMCX
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	66	22.90%	8.18B	Mar 2005	FGSAX vs XMMO
VLIFX	Value Line Mid Cap Focused Fund	Mid Cap Growth Equities	2	-0.83%	—	Mar 1950	FGSAX vs VLIFX
VIMAX	Vanguard Mid-Cap Index Fund Admiral Shares	Mid Cap Blend Equities	37	11.32%	218.80B	Nov 2001	FGSAX vs VIMAX
VSMAX	Vanguard Small-Cap Index Fund Admiral Shares	Small Cap Blend Equities	55	15.72%	182.70B	Nov 2000	FGSAX vs VSMAX
FMDCX	Federated Hermes Mid Cap Index Fund	Mid Cap Blend Equities	67	15.81%	—	Nov 1992	FGSAX vs FMDCX
FCSPX	Federated Hermes Corporate Bond Strategy Port	Corporate Bonds	25	0.37%	—	Jun 2006	FGSAX vs FCSPX
ISHIX	Federated Hermes Corporate Bond Fund	Corporate Bonds	18	-0.07%	—	May 1987	FGSAX vs ISHIX
FHESX	Federated Hermes SDG Engagement Equity Fund	Global Equities	15	10.53%	—	Nov 2018	FGSAX vs FHESX
NOIEX	Northern Income Equity Fund	Large Cap Value Equities	74	10.55%	—	Mar 1994	FGSAX vs NOIEX
KLCIX	Federated Hermes Kaufmann Large Cap Fund	Large Cap Growth Equities	42	14.69%	—	Dec 2007	FGSAX vs KLCIX
FGSIX	Federated MDT Mid Cap Growth Fund Institutional Sh...	Mid Cap Growth Equities	5	0.24%	—	Aug 1984	FGSAX vs FGSIX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	Bank Loan	84	3.23%	—	Jan 2017	FGSAX vs XPTFX
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	FGSAX vs SPY
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	Corporate Bonds	28	-0.29%	—	Dec 1993	FGSAX vs FIIFX
AMDVX	American Century Mid Cap Value R6	Mid Cap Value Equities	33	9.05%	—	Jul 2013	FGSAX vs AMDVX
FMUAX	Federated Hermes Municipal and Stock Advantage Fun...	Diversified Portfolio	93	5.87%	—	Sep 2003	FGSAX vs FMUAX

Compare FGSAX with Any Fund or Stock

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

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Diversifiers

Pair FGSAX with funds that move differently

Federated Hermes MDT Mid Cap Growth Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FGSAX.

Explore FGSAX Diversifiers

Federated Hermes MDT Mid Cap Growth Fund (FGSAX) Alternatives