BYMIX vs. FIIFX

Last updated Apr 1, 2026

Compare and contrast key facts about BNY Mellon Corporate Bond Fund (BYMIX) and Federated Hermes Intermediate Corporate Bond Fund (FIIFX).

BYMIX is managed by BNY Mellon. It was launched on Mar 2, 2012. FIIFX is managed by Federated. It was launched on Dec 20, 1993.

Performance

BYMIX vs. FIIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Corporate Bond Fund (BYMIX) and Federated Hermes Intermediate Corporate Bond Fund (FIIFX). The values are adjusted to include any dividend payments, if applicable.

BYMIX vs. FIIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BYMIX BNY Mellon Corporate Bond Fund	0.00%	7.60%	4.64%	8.87%	-11.76%	-0.14%	7.94%	12.21%	-1.48%	5.52%
FIIFX Federated Hermes Intermediate Corporate Bond Fund	-1.02%	7.62%	3.20%	5.66%	-10.03%	-1.61%	7.58%	9.72%	-0.48%	4.32%

Returns By Period

BYMIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIIFX

• 1D: 0.35%
• 1M: -1.94%
• YTD: -1.02%
• 6M: 0.24%
• 1Y: 4.17%
• 3Y*: 4.24%
• 5Y*: 1.00%
• 10Y*: 2.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BYMIX vs. FIIFX - Expense Ratio Comparison

BYMIX has a 0.81% expense ratio, which is higher than FIIFX's 0.58% expense ratio.

BYMIX

BNY Mellon Corporate Bond Fund

FIIFX

Federated Hermes Intermediate Corporate Bond Fund

Return for Risk

BYMIX vs. FIIFX — Risk / Return Rank

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

FIIFX

FIIFX Risk / Return Rank: 84
FIIFX Sharpe Ratio Rank: 81
FIIFX Sortino Ratio Rank: 85
FIIFX Omega Ratio Rank: 82
FIIFX Calmar Ratio Rank: 86
FIIFX Martin Ratio Rank: 85

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.

BYMIX vs. FIIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Corporate Bond Fund (BYMIX) and Federated Hermes Intermediate Corporate Bond Fund (FIIFX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BYMIX	FIIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.07	—

Correlation

The correlation between BYMIX and FIIFX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BYMIX vs. FIIFX - Dividend Comparison

BYMIX's dividend yield for the trailing twelve months is around 3.00%, less than FIIFX's 3.89% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BYMIX BNY Mellon Corporate Bond Fund	3.00%	3.88%	3.89%	3.54%	3.46%	3.57%	3.13%	3.33%	3.63%	3.51%	3.38%	3.13%
FIIFX Federated Hermes Intermediate Corporate Bond Fund	3.89%	4.15%	3.39%	2.95%	1.97%	2.69%	2.64%	2.92%	4.02%	4.27%	3.30%	3.79%

Drawdowns

Drawdown Indicators

	BYMIX	FIIFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-14.85%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.85%	—
Current Drawdown Current decline from peak	—	-1.94%	—
Average Drawdown Average peak-to-trough decline	—	-1.93%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.58%	—

Volatility

Volatility by Period

	BYMIX	FIIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	3.38%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.26%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.80%	—