Federated Hermes Global Allocation Fund (FSTBX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FSTBX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSTBX
FSTBX charges 1.14% annually. There are 55 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | FSTBX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | FSTBX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | FSTBX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | FSTBX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | FSTBX vs JNSMX |
Best Risk-Adjusted Alternatives to FSTBX
FSTBX has a PortfoliosLab risk / return rank of 46. There are 69 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | FSTBX vs TIBAX | |
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | FSTBX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | FSTBX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | FSTBX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | FSTBX vs PDSYX |
Top Performing FSTBX Alternatives (YTD)
FSTBX is at 7.23% YTD. There are 51 mutual funds in the Global Allocation category with higher YTD returns, going as high as 17.63%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 17.63% | — | Dec 2002 | FSTBX vs TIBAX | |
| Wilmington Real Asset Fund | 17.01% | — | Jun 2003 | FSTBX vs WMRIX | |
| Calamos Global Dynamic Income Fund | 16.29% | — | Jun 2007 | FSTBX vs CHW | |
| Calamos Global Total Return Fund | 15.69% | — | Oct 2005 | FSTBX vs CGO | |
| GMO Implementation Fund | 15.19% | — | Feb 2012 | FSTBX vs GIMFX |
Lowest Volatility Alternatives to FSTBX
FSTBX has 12.02% 1-year volatility. There are 68 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.02% | — | Jul 2019 | FSTBX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.43% | — | Dec 2017 | FSTBX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.75% | — | Mar 2011 | FSTBX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.82% | — | Sep 2011 | FSTBX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | FSTBX vs PMFYX |
Lowest Drawdown Alternatives to FSTBX
FSTBX has a 1-year max drawdown of -8.03%. There are 51 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | FSTBX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | FSTBX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | FSTBX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | FSTBX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | FSTBX vs MSTGX |
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 | 94 | 15.85% | — | Mar 2005 | FSTBX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 16 | 2.55% | — | Sep 2005 | FSTBX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 54 | 4.61% | — | Sep 2008 | FSTBX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 53 | 8.33% | — | Oct 2002 | FSTBX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 14 | 8.01% | — | Feb 1986 | FSTBX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 74 | 0.96% | — | Dec 2008 | FSTBX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.82% | — | Aug 1984 | FSTBX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 59 | 1.32% | — | Aug 1984 | FSTBX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 64 | 0.85% | — | Nov 2002 | FSTBX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.07% | — | Dec 1995 | FSTBX vs BEARX |
Often Compared With FSTBX
Investors most often compare FSTBX with CVLOX, HRLYX, RALIX. These 10 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calamos Global Opportunities Fund | Global Allocation | 34 | 12.04% | — | Sep 1996 | FSTBX vs CVLOX | |
| Hartford Real Asset Fund | Global Allocation | 97 | 14.83% | — | May 2010 | FSTBX vs HRLYX | |
| Lazard Real Assets Portfolio | Global Allocation | 90 | 13.88% | — | Dec 2016 | FSTBX vs RALIX | |
| Allspring Absolute Return Fund | Global Allocation | 86 | 12.25% | — | Feb 2012 | FSTBX vs WARAX | |
| Federated Hermes International Small-Mid Company F... | Foreign Small & Mid Cap Equities | 33 | 8.26% | — | Feb 1996 | FSTBX vs ISCAX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 65 | 13.68% | — | Jan 2012 | FSTBX vs RAPZX | |
| iShares Core Universal USD Bond ETF | Intermediate Core-Plus Bond | 34 | -0.29% | 43.00B | Jun 2014 | FSTBX vs IUSB | |
| Leuthold Global Fund | Global Allocation | 86 | 12.61% | — | Apr 2008 | FSTBX vs GLBIX | |
| SA Worldwide Moderate Growth Fund | Global Allocation | 95 | 11.46% | — | Jun 2015 | FSTBX vs SAWMX | |
| Fidelity Low Duration Bond Factor ETF | Short-Term Bond, Corporate Bonds | 98 | 1.91% | 1.91B | Jun 2018 | FSTBX vs FLDR |
Compare FSTBX with Any Fund or Stock
Compare FSTBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSTBX with funds that move differently
Federated Hermes Global Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSTBX.
Explore FSTBX Diversifiers