BX vs. FHI
BX (Blackstone Inc.) and FHI (Federated Hermes, Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, BX returned 21.22%/yr vs 11.31%/yr for FHI. At a 0.45 correlation, their price movements are largely independent.
Performance
BX vs. FHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BX achieves a -24.36% return, which is significantly lower than FHI's 10.86% return. Over the past 10 years, BX has outperformed FHI with an annualized return of 21.22%, while FHI has yielded a comparatively lower 11.31% annualized return.
BX
- 1D
- -1.01%
- 1M
- -7.74%
- YTD
- -24.36%
- 6M
- -22.98%
- 1Y
- -15.74%
- 3Y*
- 12.42%
- 5Y*
- 7.53%
- 10Y*
- 21.22%
FHI
- 1D
- -0.14%
- 1M
- 1.79%
- YTD
- 10.86%
- 6M
- 14.99%
- 1Y
- 38.36%
- 3Y*
- 19.65%
- 5Y*
- 16.33%
- 10Y*
- 11.31%
BX vs. FHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | -24.36% | -7.84% | 35.07% | 82.75% | -40.01% | 107.11% | 19.78% | 96.33% | 0.10% | 27.34% |
FHI Federated Hermes, Inc. | 10.86% | 30.45% | 29.60% | -3.72% | -0.16% | 34.68% | -3.79% | 27.07% | -23.34% | 32.26% |
Correlation
The correlation between BX and FHI is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2007 | 0.45 |
The correlation between BX and FHI shifts across timeframes, from 0.42 (10 years) to 0.54 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BX:
$89.48B
FHI:
$4.14B
BX:
$3.90
FHI:
$5.35
BX:
29.25
FHI:
10.65
BX:
10.75
FHI:
0.50
BX:
5.96
FHI:
2.28
BX:
10.69
FHI:
2.66
BX:
$14.99B
FHI:
$1.86B
BX:
$13.12B
FHI:
$958.45M
BX:
$7.37B
FHI:
$564.21M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BX vs. FHI — Risk / Return Rank
BX
FHI
BX vs. FHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blackstone Inc. (BX) and Federated Hermes, Inc. (FHI). 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.
| BX | FHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.18 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.29 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 3.07 | -3.42 |
| Martin ratioReturn relative to average drawdown | -0.66 | 9.52 | -10.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BX | FHI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | 1.72 | -2.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.66 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.35 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.28 | 0.00 |
Drawdowns
BX vs. FHI - Drawdown Comparison
The maximum BX drawdown since its inception was -87.62%, which is greater than FHI's maximum drawdown of -64.89%. Use the drawdown chart below to compare losses from any high point for BX and FHI.
Loading charts...
Drawdown Indicators
| BX | FHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.62% | -64.89% | -22.73% |
Max Drawdown (1Y)Largest decline over 1 year | -44.76% | -12.57% | -32.19% |
Max Drawdown (3Y)Largest decline over 3 years | -46.50% | -20.17% | -26.33% |
Max Drawdown (5Y)Largest decline over 5 years | -49.29% | -29.61% | -19.68% |
Max Drawdown (10Y)Largest decline over 10 years | -49.29% | -64.89% | +15.60% |
Current DrawdownCurrent decline from peak | -39.62% | -1.63% | -37.99% |
Average DrawdownAverage peak-to-trough decline | -25.71% | -15.74% | -9.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.82% | 4.04% | +19.78% |
Volatility
BX vs. FHI - Volatility Comparison
Blackstone Inc. (BX) has a higher volatility of 11.60% compared to Federated Hermes, Inc. (FHI) at 6.88%. This indicates that BX's price experiences larger fluctuations and is considered to be riskier than FHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BX | FHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.60% | 6.88% | +4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 28.02% | 17.64% | +10.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.59% | 22.44% | +12.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.34% | 24.87% | +14.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.76% | 32.44% | +3.32% |
Dividends
BX vs. FHI - Dividend Comparison
BX's dividend yield for the trailing twelve months is around 4.35%, more than FHI's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BX Blackstone Inc. | 4.35% | 3.04% | 2.00% | 2.54% | 6.66% | 2.76% | 2.95% | 3.43% | 8.12% | 7.25% | 6.14% | 11.76% |
FHI Federated Hermes, Inc. | 2.46% | 2.55% | 5.38% | 3.38% | 2.97% | 2.87% | 7.20% | 3.31% | 3.99% | 2.77% | 7.07% | 3.49% |
Financials
BX vs. FHI - Financials Comparison
This section allows you to compare key financial metrics between Blackstone Inc. and Federated Hermes, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BX vs. FHI - Profitability Comparison
BX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a gross profit of 4.04B and revenue of 4.10B. Therefore, the gross margin over that period was 98.5%.
FHI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Federated Hermes, Inc. reported a gross profit of 0.00 and revenue of 478.96M. Therefore, the gross margin over that period was 0.0%.
BX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported an operating income of 1.59B and revenue of 4.10B, resulting in an operating margin of 38.8%.
FHI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Federated Hermes, Inc. reported an operating income of 126.33M and revenue of 478.96M, resulting in an operating margin of 26.4%.
BX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Inc. reported a net income of 649.73M and revenue of 4.10B, resulting in a net margin of 15.8%.
FHI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Federated Hermes, Inc. reported a net income of 95.95M and revenue of 478.96M, resulting in a net margin of 20.0%.
Frequently Asked Questions
BX and FHI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BX has higher volatility (11.60%) compared to FHI (6.88%). In terms of maximum drawdown, BX dropped -87.62% vs FHI's -64.89%.
FHI currently has the higher Sharpe Ratio (1.72 vs -0.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BX and FHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer