FCSPX vs. FNILX
Compare and contrast key facts about Federated Hermes Corporate Bond Strategy Port (FCSPX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FCSPX is managed by Federated. It was launched on Jun 20, 2006. FNILX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCSPX or FNILX.
Correlation
The correlation between FCSPX and FNILX is 0.10, 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.
Performance
FCSPX vs. FNILX - Performance Comparison
Key characteristics
FCSPX:
0.43
FNILX:
1.89
FCSPX:
0.64
FNILX:
2.52
FCSPX:
1.08
FNILX:
1.35
FCSPX:
0.19
FNILX:
2.83
FCSPX:
1.30
FNILX:
11.90
FCSPX:
1.88%
FNILX:
2.05%
FCSPX:
5.69%
FNILX:
12.98%
FCSPX:
-22.68%
FNILX:
-33.75%
FCSPX:
-8.61%
FNILX:
-4.06%
Returns By Period
In the year-to-date period, FCSPX achieves a -1.40% return, which is significantly lower than FNILX's -0.53% return.
FCSPX
-1.40%
-2.48%
-0.60%
1.43%
0.47%
2.76%
FNILX
-0.53%
-3.39%
4.27%
24.37%
13.92%
N/A
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FCSPX vs. FNILX - Expense Ratio Comparison
FCSPX has a 0.00% expense ratio, which is lower than FNILX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCSPX vs. FNILX — Risk-Adjusted Performance Rank
FCSPX
FNILX
FCSPX vs. FNILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Corporate Bond Strategy Port (FCSPX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
Dividends
FCSPX vs. FNILX - Dividend Comparison
FCSPX's dividend yield for the trailing twelve months is around 4.00%, more than FNILX's 1.10% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Federated Hermes Corporate Bond Strategy Port | 4.00% | 3.94% | 4.00% | 3.91% | 3.24% | 3.47% | 3.94% | 4.44% | 4.11% | 4.32% | 4.60% | 0.55% |
Fidelity ZERO Large Cap Index Fund | 1.10% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCSPX vs. FNILX - Drawdown Comparison
The maximum FCSPX drawdown since its inception was -22.68%, smaller than the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FCSPX and FNILX. For additional features, visit the drawdowns tool.
Volatility
FCSPX vs. FNILX - Volatility Comparison
The current volatility for Federated Hermes Corporate Bond Strategy Port (FCSPX) is 1.31%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.69%. This indicates that FCSPX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.