DFRPX vs. XPTFX

Last updated Apr 1, 2026

Compare and contrast key facts about DWS Floating Rate Fund Class S (DFRPX) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX).

DFRPX is an actively managed fund by DWS. It was launched on Jun 28, 2007. XPTFX is managed by Federated. It was launched on Jan 31, 2017.

Performance

DFRPX vs. XPTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Floating Rate Fund Class S (DFRPX) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX). The values are adjusted to include any dividend payments, if applicable.

DFRPX vs. XPTFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFRPX DWS Floating Rate Fund Class S	0.38%	3.45%	7.72%	11.42%	-1.52%	3.75%	0.89%	8.69%	-0.58%	1.41%
XPTFX Federated Hermes Project and Trade Finance Tender Fund	1.41%	7.47%	8.62%	8.55%	3.74%	1.91%	2.18%	4.70%	4.47%	-0.10%

Returns By Period

In the year-to-date period, DFRPX achieves a 0.38% return, which is significantly lower than XPTFX's 1.41% return.

DFRPX

• 1D: 0.00%
• 1M: 0.14%
• YTD: 0.38%
• 6M: 1.53%
• 1Y: 4.98%
• 3Y*: 6.96%
• 5Y*: 4.70%
• 10Y*: 4.07%

XPTFX

• 1D: -0.08%
• 1M: 0.41%
• YTD: 1.41%
• 6M: 3.05%
• 1Y: 7.24%
• 3Y*: 8.09%
• 5Y*: 6.19%
• 10Y*: —

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

DFRPX vs. XPTFX - Expense Ratio Comparison

DFRPX has a 0.87% expense ratio, which is higher than XPTFX's 0.41% expense ratio.

DFRPX

DWS Floating Rate Fund Class S

XPTFX

Federated Hermes Project and Trade Finance Tender Fund

Return for Risk

DFRPX vs. XPTFX — Risk / Return Rank

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

DFRPX

DFRPX Risk / Return Rank: 87
DFRPX Sharpe Ratio Rank: 90
DFRPX Sortino Ratio Rank: 88
DFRPX Omega Ratio Rank: 98
DFRPX Calmar Ratio Rank: 72
DFRPX Martin Ratio Rank: 89

XPTFX

XPTFX Risk / Return Rank: 78
XPTFX Sharpe Ratio Rank: 72
XPTFX Sortino Ratio Rank: 61
XPTFX Omega Ratio Rank: 98
XPTFX Calmar Ratio Rank: 89
XPTFX Martin Ratio Rank: 70

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.

DFRPX vs. XPTFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Floating Rate Fund Class S (DFRPX) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX). 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.

	DFRPX	XPTFX	Difference
Sharpe ratio Return per unit of total volatility	1.89	1.27	+0.62
Sortino ratio Return per unit of downside risk	2.42	1.57	+0.85
Omega ratio Gain probability vs. loss probability	1.77	1.82	-0.05
Calmar ratio Return relative to maximum drawdown	1.71	2.46	-0.76
Martin ratio Return relative to average drawdown	9.76	6.61	+3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFRPX vs. XPTFX - Sharpe Ratio Comparison

The current DFRPX Sharpe Ratio is 1.89, which is higher than the XPTFX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of DFRPX and XPTFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DFRPX	XPTFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	1.27	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.12	2.47	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	2.31	-1.39

Correlation

The correlation between DFRPX and XPTFX is 0.11, 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

DFRPX vs. XPTFX - Dividend Comparison

DFRPX's dividend yield for the trailing twelve months is around 6.29%, more than XPTFX's 6.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRPX DWS Floating Rate Fund Class S	6.29%	5.99%	8.67%	8.22%	4.25%	3.31%	3.75%	4.80%	4.21%	4.39%	4.76%	4.63%
XPTFX Federated Hermes Project and Trade Finance Tender Fund	6.12%	7.24%	6.78%	6.66%	5.70%	2.21%	2.74%	4.62%	4.60%	0.00%	0.00%	0.00%

Drawdowns

DFRPX vs. XPTFX - Drawdown Comparison

The maximum DFRPX drawdown since its inception was -31.21%, which is greater than XPTFX's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for DFRPX and XPTFX.

Drawdown Indicators

	DFRPX	XPTFX	Difference
Max Drawdown Largest peak-to-trough decline	-31.21%	-2.95%	-28.26%
Max Drawdown (1Y) Largest decline over 1 year	-2.02%	-1.96%	-0.06%
Max Drawdown (5Y) Largest decline over 5 years	-6.50%	-2.95%	-3.55%
Max Drawdown (10Y) Largest decline over 10 years	-21.36%	—	—
Current Drawdown Current decline from peak	-0.14%	-0.57%	+0.43%
Average Drawdown Average peak-to-trough decline	-2.18%	-0.27%	-1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.47%	1.10%	-0.63%

Volatility

DFRPX vs. XPTFX - Volatility Comparison

DWS Floating Rate Fund Class S (DFRPX) has a higher volatility of 0.34% compared to Federated Hermes Project and Trade Finance Tender Fund (XPTFX) at 0.30%. This indicates that DFRPX's price experiences larger fluctuations and is considered to be riskier than XPTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFRPX	XPTFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.34%	0.30%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	0.72%	2.89%	-2.17%
Volatility (1Y) Calculated over the trailing 1-year period	2.36%	3.81%	-1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.23%	2.52%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.04%	2.03%	+2.01%