DBLEX vs. IHIAX
Compare and contrast key facts about DoubleLine Emerging Markets Fixed Income Fund (DBLEX) and Federated Hermes Emerging Market Debt Fund (IHIAX).
DBLEX is managed by DoubleLine. It was launched on Apr 5, 2010. IHIAX is managed by Federated. It was launched on Oct 1, 1996.
Performance
DBLEX vs. IHIAX - Performance Comparison
Loading graphics...
DBLEX vs. IHIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBLEX DoubleLine Emerging Markets Fixed Income Fund | -0.99% | 8.39% | 8.20% | 9.64% | -15.30% | 1.97% | 4.85% | 11.80% | -3.20% | 8.48% |
IHIAX Federated Hermes Emerging Market Debt Fund | -3.01% | 17.06% | 6.06% | 14.41% | -16.21% | -3.26% | 5.79% | 12.89% | -5.18% | 10.36% |
Returns By Period
In the year-to-date period, DBLEX achieves a -0.99% return, which is significantly higher than IHIAX's -3.01% return. Over the past 10 years, DBLEX has outperformed IHIAX with an annualized return of 4.02%, while IHIAX has yielded a comparatively lower 3.57% annualized return.
DBLEX
- 1D
- 0.00%
- 1M
- -1.75%
- YTD
- -0.99%
- 6M
- -0.82%
- 1Y
- 4.59%
- 3Y*
- 7.81%
- 5Y*
- 1.88%
- 10Y*
- 4.02%
IHIAX
- 1D
- -1.03%
- 1M
- -5.35%
- YTD
- -3.01%
- 6M
- 0.45%
- 1Y
- 11.03%
- 3Y*
- 10.61%
- 5Y*
- 3.06%
- 10Y*
- 3.57%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DBLEX vs. IHIAX - Expense Ratio Comparison
DBLEX has a 0.90% expense ratio, which is lower than IHIAX's 1.18% expense ratio.
Return for Risk
DBLEX vs. IHIAX — Risk / Return Rank
DBLEX
IHIAX
DBLEX vs. IHIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Emerging Markets Fixed Income Fund (DBLEX) and Federated Hermes Emerging Market Debt Fund (IHIAX). 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.
| DBLEX | IHIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.73 | 2.21 | -0.48 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.77 | -0.54 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.50 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.07 | -0.45 |
Martin ratioReturn relative to average drawdown | 7.17 | 9.66 | -2.49 |
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 graphics...
Sharpe Ratios by Period
| DBLEX | IHIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 2.21 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.51 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.56 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.92 | +0.06 |
Correlation
The correlation between DBLEX and IHIAX is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
DBLEX vs. IHIAX - Dividend Comparison
DBLEX's dividend yield for the trailing twelve months is around 5.12%, more than IHIAX's 0.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLEX DoubleLine Emerging Markets Fixed Income Fund | 5.12% | 5.59% | 5.97% | 5.54% | 4.77% | 4.00% | 4.37% | 4.57% | 3.83% | 4.33% | 4.54% | 5.21% |
IHIAX Federated Hermes Emerging Market Debt Fund | 0.82% | 0.28% | 2.60% | 2.92% | 5.36% | 1.91% | 3.48% | 1.85% | 3.99% | 3.78% | 3.13% | 3.91% |
Drawdowns
DBLEX vs. IHIAX - Drawdown Comparison
The maximum DBLEX drawdown since its inception was -25.43%, smaller than the maximum IHIAX drawdown of -36.42%. Use the drawdown chart below to compare losses from any high point for DBLEX and IHIAX.
Loading graphics...
Drawdown Indicators
| DBLEX | IHIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.43% | -36.42% | +10.99% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -5.76% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -25.43% | -27.24% | +1.81% |
Max Drawdown (10Y)Largest decline over 10 years | -25.43% | -27.24% | +1.81% |
Current DrawdownCurrent decline from peak | -1.81% | -5.76% | +3.95% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -4.69% | +1.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 1.24% | -0.61% |
Volatility
DBLEX vs. IHIAX - Volatility Comparison
The current volatility for DoubleLine Emerging Markets Fixed Income Fund (DBLEX) is 0.66%, while Federated Hermes Emerging Market Debt Fund (IHIAX) has a volatility of 2.53%. This indicates that DBLEX experiences smaller price fluctuations and is considered to be less risky than IHIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DBLEX | IHIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 2.53% | -1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 1.42% | 3.79% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.61% | 6.24% | -3.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.52% | 6.27% | -1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 6.49% | -1.84% |