Federated Hermes Mid Cap Index Fund (FMDCX) belongs to the Mid Cap Blend Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FMDCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMDCX
FMDCX charges 0.57% annually. There are 29 mutual funds in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Index Fund | 0.03% | — | Sep 2011 | FMDCX vs FSMDX | |
| Vanguard Mid-Cap Index Fund Institutional Shares | 0.03% | 218.80B | May 1998 | FMDCX vs VMCIX | |
| Vanguard Mid-Cap Index Fund Institutional Plus Sha... | 0.03% | 218.80B | Dec 2010 | FMDCX vs VMCPX | |
| Fidelity Extended Market Index Fund | 0.04% | — | — | FMDCX vs FSMAX | |
| Vanguard Extended Market Index Fund Institutional ... | 0.04% | 93.70B | Jan 2011 | FMDCX vs VEMPX |
Best Risk-Adjusted Alternatives to FMDCX
FMDCX has a PortfoliosLab risk / return rank of 52. There are 40 mutual funds in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 89 | — | Jan 2005 | FMDCX vs PFSLX | |
| Vanguard Strategic Equity Fund | 86 | 11.50B | Aug 1995 | FMDCX vs VSEQX | |
| Gotham Enhanced Return Fund | 83 | — | May 2013 | FMDCX vs GENIX | |
| Hartford Schroders US MidCap Opportunities Fund | 82 | — | Mar 2006 | FMDCX vs SMDIX | |
| Fidelity Advisor Mid Cap II Fund Class Z | 80 | — | Aug 2013 | FMDCX vs FZAMX |
Top Performing FMDCX Alternatives (YTD)
FMDCX is at 14.47% YTD. There are 68 mutual funds in the Mid Cap Blend Equities category with higher YTD returns, going as high as 38.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Paradigm Select Fund | 38.67% | — | Jan 2005 | FMDCX vs PFSLX | |
| 13D Activist Fund | 31.49% | — | Dec 2011 | FMDCX vs DDDIX | |
| Fidelity SAI Small-Mid Cap 500 Index Fund | 28.35% | — | Aug 2015 | FMDCX vs FZFLX | |
| Hodges Fund | 26.39% | — | Oct 1992 | FMDCX vs HDPMX | |
| Fidelity Advisor Mid Cap II Fund Class Z | 23.49% | — | Aug 2013 | FMDCX vs FZAMX |
Lowest Volatility Alternatives to FMDCX
FMDCX has 16.47% 1-year volatility. There are 73 mutual funds in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Focused Growth and Income Fund | 9.70% | — | Dec 2002 | FMDCX vs GWSAX | |
| Timothy Plan Large/Mid Cap Value Fund | 11.74% | — | Jul 1999 | FMDCX vs TLVAX | |
| Boston Trust Midcap Fund | 11.79% | — | — | FMDCX vs BTMFX | |
| Boston Trust Walden Midcap Fund | 11.91% | — | Aug 2011 | FMDCX vs WAMFX | |
| Victory RS Investors Fund | 12.00% | — | Nov 2005 | FMDCX vs RSINX |
Lowest Drawdown Alternatives to FMDCX
FMDCX has a 1-year max drawdown of -8.75%. There are 37 mutual funds in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.33%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FullerThaler Behavioral Mid-Cap Equity Fund Instit... | -6.33% | — | Oct 2023 | FMDCX vs FTHMX | |
| Gotham Enhanced Return Fund | -6.44% | — | May 2013 | FMDCX vs GENIX | |
| Gabelli Focused Growth and Income Fund | -6.54% | — | Dec 2002 | FMDCX vs GWSAX | |
| Fuller & Thaler Behavioral Small-Mid Core Equity F... | -6.80% | — | Dec 2018 | FMDCX vs FTSIX | |
| BNY Mellon Active MidCap Fund | -7.29% | — | Jan 1985 | FMDCX vs DNLDX |
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 | 86 | 13.08% | — | Mar 2005 | FMDCX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 18 | 4.78% | — | Sep 2005 | FMDCX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 17 | 1.88% | — | Sep 2008 | FMDCX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 13 | 9.43% | — | Feb 1986 | FMDCX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 43 | 7.69% | — | Oct 2002 | FMDCX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | -0.15% | — | Aug 1984 | FMDCX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 73 | 1.56% | — | Dec 2008 | FMDCX vs FHYSX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 47 | 1.63% | — | Aug 1984 | FMDCX vs FHYTX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.39% | — | Dec 1995 | FMDCX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 63 | 1.31% | — | Nov 2002 | FMDCX vs FIHBX |
Often Compared With FMDCX
Investors most often compare FMDCX with FNILX, DSMFX, LLSCX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FMDCX with Any Fund or Stock
Compare FMDCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMDCX with funds that move differently
Federated Hermes Mid Cap Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMDCX.
Explore FMDCX Diversifiers