EGLBX vs. IVFIX
EGLBX (Elfun International Equity Fund) and IVFIX (Federated Hermes International Strategic Value Dividend Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, EGLBX returned 9.07%/yr vs 7.22%/yr for IVFIX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. EGLBX charges 0.37%/yr vs 0.86%/yr for IVFIX.
Performance
EGLBX vs. IVFIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EGLBX having a 11.52% return and IVFIX slightly higher at 11.54%. Over the past 10 years, EGLBX has outperformed IVFIX with an annualized return of 9.07%, while IVFIX has yielded a comparatively lower 7.22% annualized return.
EGLBX
- 1D
- -0.64%
- 1M
- -0.07%
- 6M
- 7.18%
- YTD
- 11.52%
- 1Y
- 22.54%
- 3Y*
- 13.02%
- 5Y*
- 7.62%
- 10Y*
- 9.07%
- ALL TIME*
- 7.30%
IVFIX
- 1D
- -0.60%
- 1M
- 2.69%
- 6M
- 7.03%
- YTD
- 11.54%
- 1Y
- 23.84%
- 3Y*
- 15.19%
- 5Y*
- 10.39%
- 10Y*
- 7.22%
- ALL TIME*
- 3.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EGLBX vs. IVFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGLBX Elfun International Equity Fund | 11.52% | 22.41% | 3.40% | 20.35% | -16.09% | 9.11% | 13.33% | 30.15% | -16.35% | 22.99% |
IVFIX Federated Hermes International Strategic Value Dividend Fund | 11.54% | 31.79% | 1.91% | 11.05% | -2.54% | 11.58% | -1.74% | 20.15% | -11.96% | 14.63% |
Correlation
The correlation between EGLBX and IVFIX is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2008 | 0.73 |
Over the past year, the correlation between EGLBX and IVFIX has dropped to 0.40 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.
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Return for Risk
EGLBX vs. IVFIX — Risk / Return Rank
EGLBX
IVFIX
EGLBX vs. IVFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Elfun International Equity Fund (EGLBX) and Federated Hermes International Strategic Value Dividend Fund (IVFIX). 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.
| EGLBX | IVFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.45 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 4.20 | -2.51 |
| Martin ratioReturn relative to average drawdown | 6.49 | 9.64 | -3.15 |
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Drawdowns
EGLBX vs. IVFIX - Drawdown Comparison
The maximum EGLBX drawdown since its inception was -60.96%, which is greater than IVFIX's maximum drawdown of -51.49%. Use the drawdown chart below to compare losses from any high point for EGLBX and IVFIX.
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Drawdown Indicators
| EGLBX | IVFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.96% | -51.49% | -9.47% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -6.97% | -5.83% |
Max Drawdown (3Y)Largest decline over 3 years | -15.23% | -10.75% | -4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -32.52% | -21.29% | -11.23% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | -33.46% | +0.94% |
Current DrawdownCurrent decline from peak | -0.64% | -0.96% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -12.56% | -11.55% | -1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 2.82% | +0.49% |
Volatility
EGLBX vs. IVFIX - Volatility Comparison
Elfun International Equity Fund (EGLBX) has a higher volatility of 4.60% compared to Federated Hermes International Strategic Value Dividend Fund (IVFIX) at 3.27%. This indicates that EGLBX's price experiences larger fluctuations and is considered to be riskier than IVFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGLBX | IVFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.60% | 3.27% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 9.73% | +3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.34% | 12.09% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 13.13% | +4.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 14.56% | +2.24% |
EGLBX vs. IVFIX - Expense Ratio Comparison
EGLBX has a 0.37% expense ratio, which is lower than IVFIX's 0.86% expense ratio.
Dividends
EGLBX vs. IVFIX - Dividend Comparison
EGLBX's dividend yield for the trailing twelve months is around 10.24%, more than IVFIX's 3.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGLBX Elfun International Equity Fund | 10.24% | 11.42% | 6.62% | 1.95% | 6.97% | 8.23% | 1.17% | 1.68% | 2.49% | 1.56% | 2.19% | 1.85% |
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.54% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
Frequently Asked Questions
EGLBX and IVFIX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EGLBX has higher volatility (4.60%) compared to IVFIX (3.27%). In terms of maximum drawdown, EGLBX dropped -60.96% vs IVFIX's -51.49%.
IVFIX currently has the higher Sharpe Ratio (2.43 vs 1.32), 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.
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