Federated Hermes Short-Intermediate Government Fund (FIGTX) 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 FIGTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIGTX
FIGTX charges 0.59% annually. There are 61 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | FIGTX vs GUSTX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FIGTX vs FNBGX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FIGTX vs FUAMX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FIGTX vs FUMBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | FIGTX vs FBLTX |
Best Risk-Adjusted Alternatives to FIGTX
FIGTX has a PortfoliosLab risk / return rank of 14. There are 40 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | FIGTX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | FIGTX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | FIGTX vs GUSTX | |
| Integrity Short Term Government Fund | 91 | — | Jun 2011 | FIGTX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 88 | — | Aug 2010 | FIGTX vs VSBIX |
Top Performing FIGTX Alternatives (YTD)
FIGTX is at -0.83% YTD. There are 55 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Integrity Short Term Government Fund | 2.05% | — | Jun 2011 | FIGTX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.94% | — | Dec 1985 | FIGTX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.79% | 1.81B | May 1987 | FIGTX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | FIGTX vs GUSTX | |
| Davis Government Bond Fund | 0.94% | — | Nov 1994 | FIGTX vs RFBAX |
Lowest Volatility Alternatives to FIGTX
FIGTX has 2.90% 1-year volatility. There are 28 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.81% | 1.81B | May 1987 | FIGTX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.21% | — | Aug 2010 | FIGTX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.22% | 33.80B | Dec 2009 | FIGTX vs VSBSX | |
| GMO U.S. Treasury Fund | 1.22% | — | Mar 2009 | FIGTX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 1.32% | — | Dec 1985 | FIGTX vs FEUGX |
Lowest Drawdown Alternatives to FIGTX
FIGTX has a 1-year max drawdown of -2.26%. There are 26 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | FIGTX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | FIGTX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | FIGTX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | FIGTX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | FIGTX vs VSBIX |
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 | 95 | 15.38% | — | Mar 2005 | FIGTX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 17 | 4.82% | — | Sep 2005 | FIGTX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 41 | 4.51% | — | Sep 2008 | FIGTX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 52 | 10.09% | — | Oct 2002 | FIGTX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 15 | 9.61% | — | Feb 1986 | FIGTX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 62 | 1.30% | — | Dec 2008 | FIGTX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 0.92% | — | Aug 1984 | FIGTX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 48 | 1.63% | — | Aug 1984 | FIGTX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 51 | 1.08% | — | Nov 2002 | FIGTX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -8.18% | — | Dec 1995 | FIGTX vs BEARX |
Often Compared With FIGTX
Investors most often compare FIGTX with GSMIX, SPHY, LTUSX. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FIGTX with Any Fund or Stock
Compare FIGTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIGTX with funds that move differently
Federated Hermes Short-Intermediate Government Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIGTX.
Explore FIGTX Diversifiers