Federated Hermes Max Cap Index Fund (FISPX)
The fund invests its assets primarily in common stocks included in the Standard & Poor's 500 Index. It may invest in derivative contracts (such as, for example, futures contracts), to implement its investment strategies.
Fund Info
US31420E1064
31420E106
Jul 11, 1990
$1,000,000
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Max Cap Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes Max Cap Index Fund had a return of 26.20% year-to-date (YTD) and 8.63% in the last 12 months. Over the past 10 years, Federated Hermes Max Cap Index Fund had an annualized return of -5.44%, while the S&P 500 had an annualized return of 11.21%, indicating that Federated Hermes Max Cap Index Fund did not perform as well as the benchmark.
FISPX
26.20%
3.02%
13.23%
8.63%
-2.22%
-5.44%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of FISPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.70% | 5.29% | 3.16% | -4.24% | 4.96% | 3.55% | 1.11% | 2.44% | 2.14% | -0.82% | 26.20% | ||
| 2023 | 6.20% | -2.45% | 3.57% | 1.62% | 0.40% | 6.61% | 3.23% | -1.69% | -4.76% | -2.06% | 9.09% | -14.23% | 3.37% |
| 2022 | -5.15% | -2.98% | 3.55% | -8.71% | 0.23% | -8.39% | 9.15% | -4.07% | -9.16% | 8.04% | 5.46% | -18.10% | -29.10% |
| 2021 | -0.89% | 2.68% | 4.36% | 5.32% | 0.69% | 2.16% | 2.32% | 3.02% | -4.70% | 6.94% | -0.63% | -9.96% | 10.59% |
| 2020 | -0.11% | -8.20% | -12.33% | 12.88% | 4.66% | 1.99% | 5.58% | 7.15% | -3.85% | -2.73% | 11.00% | -15.14% | -3.45% |
| 2019 | 8.14% | 3.16% | 1.74% | 4.17% | -6.50% | 6.96% | 1.40% | -1.68% | 1.93% | 2.08% | 3.49% | -10.33% | 13.82% |
| 2018 | 5.60% | -3.68% | -2.60% | 0.39% | 2.43% | 0.49% | 3.75% | 3.24% | 0.52% | -6.70% | 1.99% | -35.97% | -32.83% |
| 2017 | 1.87% | 3.90% | 0.14% | 0.99% | 1.34% | 0.68% | 2.07% | 0.34% | 2.01% | 2.39% | 2.98% | -18.62% | -2.09% |
| 2016 | -5.01% | -0.15% | 6.79% | 0.42% | 1.81% | 0.18% | 3.70% | 0.13% | -0.03% | -1.86% | 3.78% | -12.63% | -4.17% |
| 2015 | -3.10% | 5.76% | -1.62% | 0.99% | 1.22% | -1.93% | 2.04% | -6.06% | -2.49% | 8.44% | 0.31% | -12.85% | -10.44% |
| 2014 | -3.44% | 4.53% | 0.88% | 0.68% | 2.27% | 2.02% | -1.41% | 4.00% | -1.42% | 2.40% | 2.63% | -9.81% | 2.46% |
| 2013 | 5.25% | 1.35% | 3.78% | 1.97% | 2.33% | -1.35% | 5.11% | -2.90% | 3.14% | 4.68% | 3.02% | -5.72% | 21.98% |
Expense Ratio
FISPX features an expense ratio of 0.37%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FISPX is 5, indicating that it is in the bottom 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Max Cap Index Fund provided a 0.98% dividend yield over the last twelve months, with an annual payout of $0.09 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.09 | $0.10 | $0.10 | $0.10 | $0.14 | $0.13 | $0.20 | $0.23 | $0.26 | $0.28 | $0.27 | $0.26 |
Dividend yield | 0.98% | 1.39% | 1.43% | 0.99% | 1.53% | 1.41% | 2.32% | 1.77% | 1.98% | 1.96% | 1.66% | 1.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Max Cap Index 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.10 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.10 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.13 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.20 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.23 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.26 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.28 |
| 2014 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.27 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.26 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Max Cap Index 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 Max Cap Index Fund was 72.44%, occurring on Mar 9, 2009. The portfolio has not yet recovered.
The current Federated Hermes Max Cap Index Fund drawdown is 59.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.44% | Oct 10, 2007 | 354 | Mar 9, 2009 | — | — | — |
| -48.1% | Mar 27, 2000 | 634 | Oct 9, 2002 | 1166 | Jun 1, 2007 | 1800 |
| -19.21% | Jul 20, 1998 | 31 | Aug 31, 1998 | 64 | Nov 27, 1998 | 95 |
| -15.99% | Dec 7, 1995 | 25 | Jan 10, 1996 | 192 | Oct 4, 1996 | 217 |
| -11.89% | Jul 19, 1999 | 65 | Oct 15, 1999 | 22 | Nov 16, 1999 | 87 |
Volatility
Volatility Chart
The current Federated Hermes Max Cap Index Fund volatility is 3.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.