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BEARX vs. FMBPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BEARX vs. FMBPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Prudent Bear Fd (BEARX) and Federated Hermes Mortgage Strategy Portfolio (FMBPX). The values are adjusted to include any dividend payments, if applicable.

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BEARX vs. FMBPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BEARX
Federated Hermes Prudent Bear Fd
8.44%-12.42%-20.34%-18.67%17.78%-23.78%-22.95%-19.95%-5.96%-15.76%
FMBPX
Federated Hermes Mortgage Strategy Portfolio
-0.18%9.03%1.04%4.44%-12.21%-1.35%4.77%6.30%1.13%2.76%

Returns By Period

In the year-to-date period, BEARX achieves a 8.44% return, which is significantly higher than FMBPX's -0.18% return. Over the past 10 years, BEARX has underperformed FMBPX with an annualized return of -13.36%, while FMBPX has yielded a comparatively higher 1.45% annualized return.


BEARX

1D
0.49%
1M
9.02%
YTD
8.44%
6M
6.24%
1Y
-10.09%
3Y*
-12.93%
5Y*
-9.96%
10Y*
-13.36%

FMBPX

1D
0.59%
1M
-2.19%
YTD
-0.18%
6M
1.51%
1Y
5.46%
3Y*
3.90%
5Y*
0.19%
10Y*
1.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BEARX vs. FMBPX - Expense Ratio Comparison

BEARX has a 1.78% expense ratio, which is higher than FMBPX's 0.02% expense ratio.


Return for Risk

BEARX vs. FMBPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEARX
BEARX Risk / Return Rank: 22
Overall Rank
BEARX Sharpe Ratio Rank: 11
Sharpe Ratio Rank
BEARX Sortino Ratio Rank: 11
Sortino Ratio Rank
BEARX Omega Ratio Rank: 11
Omega Ratio Rank
BEARX Calmar Ratio Rank: 33
Calmar Ratio Rank
BEARX Martin Ratio Rank: 44
Martin Ratio Rank

FMBPX
FMBPX Risk / Return Rank: 7272
Overall Rank
FMBPX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FMBPX Sortino Ratio Rank: 7575
Sortino Ratio Rank
FMBPX Omega Ratio Rank: 7070
Omega Ratio Rank
FMBPX Calmar Ratio Rank: 8484
Calmar Ratio Rank
FMBPX Martin Ratio Rank: 6161
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEARX vs. FMBPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Prudent Bear Fd (BEARX) and Federated Hermes Mortgage Strategy Portfolio (FMBPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


BEARXFMBPXDifference

Sharpe ratio

Return per unit of total volatility

-0.61

1.25

-1.86

Sortino ratio

Return per unit of downside risk

-0.81

1.87

-2.68

Omega ratio

Gain probability vs. loss probability

0.88

1.26

-0.38

Calmar ratio

Return relative to maximum drawdown

-0.33

2.11

-2.44

Martin ratio

Return relative to average drawdown

-0.41

5.85

-6.26

BEARX vs. FMBPX - Sharpe Ratio Comparison

The current BEARX Sharpe Ratio is -0.61, which is lower than the FMBPX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of BEARX and FMBPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BEARXFMBPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.61

1.25

-1.86

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.59

0.03

-0.62

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.81

0.29

-1.09

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.01

0.25

-0.26

Correlation

The correlation between BEARX and FMBPX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

BEARX vs. FMBPX - Dividend Comparison

BEARX's dividend yield for the trailing twelve months is around 6.19%, more than FMBPX's 4.60% yield.


TTM20252024202320222021202020192018201720162015
BEARX
Federated Hermes Prudent Bear Fd
6.19%6.71%0.00%13.32%0.00%0.00%0.00%0.62%0.00%0.00%0.00%0.00%
FMBPX
Federated Hermes Mortgage Strategy Portfolio
4.60%4.87%4.29%3.46%2.29%1.96%2.68%3.23%3.14%2.83%2.72%2.65%

Drawdowns

BEARX vs. FMBPX - Drawdown Comparison

The maximum BEARX drawdown since its inception was -95.38%, which is greater than FMBPX's maximum drawdown of -18.34%. Use the drawdown chart below to compare losses from any high point for BEARX and FMBPX.


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Drawdown Indicators


BEARXFMBPXDifference

Max Drawdown

Largest peak-to-trough decline

-95.38%

-18.34%

-77.04%

Max Drawdown (1Y)

Largest decline over 1 year

-26.53%

-3.15%

-23.38%

Max Drawdown (5Y)

Largest decline over 5 years

-48.32%

-18.02%

-30.30%

Max Drawdown (10Y)

Largest decline over 10 years

-78.77%

-18.34%

-60.43%

Current Drawdown

Current decline from peak

-94.91%

-2.19%

-92.72%

Average Drawdown

Average peak-to-trough decline

-60.84%

-3.29%

-57.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.54%

1.13%

+20.41%

Volatility

BEARX vs. FMBPX - Volatility Comparison

Federated Hermes Prudent Bear Fd (BEARX) has a higher volatility of 3.81% compared to Federated Hermes Mortgage Strategy Portfolio (FMBPX) at 1.53%. This indicates that BEARX's price experiences larger fluctuations and is considered to be riskier than FMBPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BEARXFMBPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.81%

1.53%

+2.28%

Volatility (6M)

Calculated over the trailing 6-month period

8.81%

3.02%

+5.79%

Volatility (1Y)

Calculated over the trailing 1-year period

15.17%

5.44%

+9.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.97%

6.72%

+10.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.62%

5.08%

+11.54%