DISV vs. FGSKX

Last updated Jun 24, 2026

DISV (Dimensional International Small Cap Value ETF) and FGSKX (Federated Hermes MDT Mid Cap Growth Fund Class R6) are both funds - DISV is a Foreign Small & Mid Cap Equities fund actively managed by Dimensional, while FGSKX is a Mid Cap Growth Equities fund actively managed by Federated Hermes. Both are actively managed. Over the past 3 years, DISV returned 23.41%/yr vs 19.05%/yr for FGSKX. A 0.53 correlation means they provide meaningful diversification when combined. DISV charges 0.42%/yr vs 0.84%/yr for FGSKX.

Performance

DISV vs. FGSKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Small Cap Value ETF (DISV) and Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DISV achieves a 6.66% return, which is significantly higher than FGSKX's 0.25% return.

DISV

• 1D: -2.93%
• 1M: -3.68%
• YTD: 6.66%
• 6M: 6.73%
• 1Y: 28.97%
• 3Y*: 23.41%
• 5Y*: —
• 10Y*: —

FGSKX

• 1D: 0.43%
• 1M: 0.81%
• YTD: 0.25%
• 6M: -0.64%
• 1Y: 3.16%
• 3Y*: 19.05%
• 5Y*: 9.72%
• 10Y*: 15.82%

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

DISV vs. FGSKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DISV Dimensional International Small Cap Value ETF	6.66%	47.42%	5.87%	19.52%	-9.36%
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6	0.25%	10.90%	33.36%	27.45%	-14.52%

Correlation

The correlation between DISV and FGSKX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Mar 24, 2022	0.53

Over the past year, the correlation between DISV and FGSKX has dropped to 0.20 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.

Return for Risk

DISV vs. FGSKX — Risk / Return Rank

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

DISV

DISV Risk / Return Rank: 55
DISV Sharpe Ratio Rank: 60
DISV Sortino Ratio Rank: 58
DISV Omega Ratio Rank: 58
DISV Calmar Ratio Rank: 48
DISV Martin Ratio Rank: 51

FGSKX

FGSKX Risk / Return Rank: 5
FGSKX Sharpe Ratio Rank: 4
FGSKX Sortino Ratio Rank: 5
FGSKX Omega Ratio Rank: 5
FGSKX Calmar Ratio Rank: 5
FGSKX Martin Ratio Rank: 5

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.

DISV vs. FGSKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Small Cap Value ETF (DISV) and Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DISV	FGSKX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	0.23	+1.68
Sortino ratio: Return per unit of downside risk	2.62	0.47	+2.15
Omega ratio: Gain probability vs. loss probability	1.34	1.06	+0.28
Calmar ratio: Return relative to maximum drawdown	2.29	0.29	+2.00
Martin ratio: Return relative to average drawdown	8.44	0.78	+7.66

DISV vs. FGSKX - Sharpe Ratio Comparison

The current DISV Sharpe Ratio is 1.92, which is higher than the FGSKX Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of DISV and FGSKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DISV vs. FGSKX - Drawdown Comparison

The maximum DISV drawdown since its inception was -26.77%, smaller than the maximum FGSKX drawdown of -55.05%. Use the drawdown chart below to compare losses from any high point for DISV and FGSKX.

Drawdown Indicators

	DISV	FGSKX	Difference
Max Drawdown Largest peak-to-trough decline	-26.77%	-55.05%	+28.28%
Max Drawdown (1Y) Largest decline over 1 year	-12.69%	-14.01%	+1.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.15%	-24.47%	+10.32%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.16%	—
Current Drawdown Current decline from peak	-6.16%	-4.77%	-1.39%
Average Drawdown Average peak-to-trough decline	-4.88%	-10.84%	+5.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.44%	5.24%	-1.80%

Volatility

DISV vs. FGSKX - Volatility Comparison

Dimensional International Small Cap Value ETF (DISV) and Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) have volatilities of 5.57% and 5.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DISV	FGSKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	5.41%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	12.69%	13.24%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.19%	17.61%	-2.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	22.50%	-5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.43%	22.41%	-4.98%

DISV vs. FGSKX - Expense Ratio Comparison

DISV has a 0.42% expense ratio, which is lower than FGSKX's 0.84% expense ratio.

Dividends

DISV vs. FGSKX - Dividend Comparison

DISV's dividend yield for the trailing twelve months is around 2.48%, less than FGSKX's 5.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DISV Dimensional International Small Cap Value ETF	2.48%	2.69%	2.77%	2.73%	1.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6	5.35%	5.37%	4.70%	0.00%	2.52%	28.15%	7.60%	8.72%	15.47%	14.82%	0.89%	26.74%

Frequently Asked Questions

Can I hold both DISV and FGSKX in my portfolio?

DISV and FGSKX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DISV or FGSKX?

DISV has higher volatility (5.57%) compared to FGSKX (5.41%). In terms of maximum drawdown, DISV dropped -26.77% vs FGSKX's -55.05%.

Which has better risk-adjusted returns?

DISV currently has the higher Sharpe Ratio (1.92 vs 0.23), 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.