- ISIN
- US31423A3095
- CUSIP
- 31423A309
- Issuer
- Federated
- Inception Date
- Nov 5, 2018
- Category
- Global Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FHESX Performance Chart
Federated Hermes SDG Engagement Equity Fund (FHESX) is up 10.7% since the beginning of the year. FHESX is currently trading at $15 per share. Investors who bought $1,000 worth of FHESX shares 5 years ago would now be looking at an investment worth $1,145.
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Returns By Period
Federated Hermes SDG Engagement Equity Fund (FHESX) has returned 10.68% so far this year and 8.69% over the past 12 months.
Federated Hermes SDG Engagement Equity Fund
- 1D
- 1.82%
- 1M
- -0.66%
- 6M
- 5.88%
- YTD
- 10.68%
- 1Y
- 8.69%
- 3Y*
- 5.54%
- 5Y*
- 2.75%
- 10Y*
- —
- ALL TIME*
- 6.32%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FHESX Monthly Returns History
Based on dividend-adjusted daily data since Nov 9, 2018, FHESX's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +13.7%, while the worst month was Mar 2020 at -20.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FHESX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +8.5%, while the worst single day was Mar 16, 2020 at -12.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.54% | 4.34% | -8.72% | 6.02% | 2.56% | 3.65% | -1.37% | 10.68% | |||||
| 2025 | 4.49% | -7.18% | -3.19% | -1.25% | 5.56% | 2.86% | 1.75% | 5.03% | -2.33% | -2.80% | 1.95% | -3.39% | 0.59% |
| 2024 | -2.65% | 4.99% | 4.75% | -5.70% | 1.31% | -1.44% | 6.50% | -0.14% | 1.51% | -5.14% | 4.70% | -5.63% | 2.01% |
| 2023 | 7.93% | -1.68% | 0.81% | 0.08% | -2.98% | 6.56% | 3.27% | -2.26% | -4.94% | -7.14% | 10.49% | 8.58% | 18.31% |
| 2022 | -6.86% | -1.28% | -0.61% | -5.98% | 1.22% | -9.82% | 9.11% | -5.56% | -9.97% | 7.22% | 8.26% | -3.46% | -18.47% |
| 2021 | -0.98% | 4.29% | 3.16% | 3.76% | 1.92% | -1.67% | 1.47% | 3.27% | -4.29% | 3.31% | -3.27% | 5.86% | 17.54% |
Benchmark Metrics
Federated Hermes SDG Engagement Equity Fund has an annualized alpha of -3.98%, beta of 0.86, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since November 09, 2018.
- This fund participated in 108.33% of S&P 500 Index downside but only 84.54% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -3.98% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.86 and R2 of 0.75, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -3.98%
- Beta
- 0.86
- R²
- 0.75
- Upside Capture
- 84.54%
- Downside Capture
- 108.33%
Expense Ratio
FHESX has a high expense ratio of 0.94%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FHESX ranks 13 for risk / return — above 13% of mutual funds peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Federated Hermes SDG Engagement Equity Fund (FHESX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FHESX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.25 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.78 | 2.00 | -1.22 |
| Martin ratioReturn relative to average drawdown | 2.07 | 8.49 | -6.42 |
Dividends
Dividend History
Federated Hermes SDG Engagement Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.27 | $0.13 | $0.04 | $0.10 | $0.11 | $0.17 |
Dividend yield | 0.00% | 0.00% | 2.00% | 0.97% | 0.37% | 0.72% | 0.88% | 1.52% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes SDG Engagement Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes SDG Engagement Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes SDG Engagement Equity Fund was 40.76%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current Federated Hermes SDG Engagement Equity Fund drawdown is 1.37%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-40.76%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 | COVID crash2020 |
-27.80%Sep 2022 | 10mo 13d | 1y 5mo | 2y 3moNov 2021 - Mar 2024 | Bear market2022 |
-22.88%Apr 2025 | 6mo 20d | 4mo 19d | 11mo 9dSep 2024 - Aug 2025 | 2025 selloff2025 |
-13.23%Dec 2018 | 20d | 1mo 22d | 2mo 12dDec 2018 - Feb 2019 | Rate-hike selloffLate 2018 |
-11.20%Mar 2026 | 28d | 2mo 20d | 3mo 18dMar 2026 - Jun 2026 | — |
Drawdown Indicators
| FHESX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.76% | -56.78% | +16.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -9.10% | -2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -22.88% | -18.90% | -3.98% |
Max Drawdown (5Y)Largest decline over 5 years | -27.80% | -25.43% | -2.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.37% | -1.58% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -10.70% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 2.14% | +1.94% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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