Federated Hermes SDG Engagement Equity Fund (FHESX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FHESX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FHESX
FHESX charges 0.94% annually. There are 112 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | FHESX vs GMGEX | |
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | FHESX vs GWOAX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | FHESX vs SSGLX | |
| Vanguard Total World Stock Index Fund Admiral Shar... | 0.09% | 95.30B | Feb 2019 | FHESX vs VTWAX | |
| USAA Cornerstone Equity Fund | 0.09% | — | Jun 2012 | FHESX vs UCEQX |
Best Risk-Adjusted Alternatives to FHESX
FHESX has a PortfoliosLab risk / return rank of 15. There are 196 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 95 | — | Jun 2014 | FHESX vs LVAGX | |
| Polaris Global Value Fund | 93 | — | May 1998 | FHESX vs PGVFX | |
| MainStay Epoch Global Equity Yield Fund | 92 | — | Dec 2005 | FHESX vs EPSYX | |
| GMO Global Equity Allocation Fund | 91 | — | Nov 1996 | FHESX vs GMGEX | |
| John Hancock Global Shareholder Yield Fund | 91 | — | Feb 2007 | FHESX vs JGYIX |
Top Performing FHESX Alternatives (YTD)
FHESX is at 10.53% YTD. There are 118 mutual funds in the Global Equities category with higher YTD returns, going as high as 42.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 42.58% | — | Nov 2016 | FHESX vs PGTIX | |
| Oberweis Global Opportunities Fund | 31.52% | — | Jan 1987 | FHESX vs OBEGX | |
| Ariel Global Fund | 26.71% | — | Dec 2011 | FHESX vs AGLOX | |
| T. Rowe Price Global Stock Fund | 24.54% | — | Dec 1995 | FHESX vs PRGSX | |
| Fidelity Advisor Worldwide Fund Class Z | 24.23% | — | Oct 2018 | FHESX vs FIQOX |
Lowest Volatility Alternatives to FHESX
FHESX has 15.78% 1-year volatility. There are 176 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 7.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Global Minimum Volatility Fund Investor S... | 7.03% | 2.00B | Dec 2013 | FHESX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 7.05% | 2.00B | Dec 2013 | FHESX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.20% | — | Jul 2006 | FHESX vs SVTAX | |
| MFS Global Total Return Fund Class I | 7.57% | — | Sep 1990 | FHESX vs MFWIX | |
| SEI Institutional Investments Trust Global Managed... | 7.69% | — | Jan 2016 | FHESX vs SGMAX |
Lowest Drawdown Alternatives to FHESX
FHESX has a 1-year max drawdown of -11.20%. There are 141 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -5.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | FHESX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | FHESX vs LVAFX | |
| SEI Institutional Investments Trust Global Managed... | -5.88% | — | Jan 2016 | FHESX vs SGMAX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | FHESX vs CSUAX | |
| SEI Institutional Managed Trust Global Managed Vol... | -5.99% | — | Jul 2006 | FHESX vs SVTAX |
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 | 80 | 9.26% | — | Mar 2005 | FHESX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 21 | 4.35% | — | Sep 2005 | FHESX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 7 | -1.17% | — | Sep 2008 | FHESX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 17 | 10.68% | — | Feb 1986 | FHESX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 46 | 5.68% | — | Oct 2002 | FHESX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 0.10% | — | Aug 1984 | FHESX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 67 | 1.19% | — | Dec 2008 | FHESX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.65% | — | Dec 1995 | FHESX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 61 | 1.04% | — | Nov 2002 | FHESX vs FIHBX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 52 | 1.34% | — | Aug 1984 | FHESX vs FHYTX |
Often Compared With FHESX
Investors most often compare FHESX with PRDMX, FGIAX, CAEIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FHESX with Any Fund or Stock
Compare FHESX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FHESX with funds that move differently
Federated Hermes SDG Engagement Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FHESX.
Explore FHESX Diversifiers