FCSPX vs. QIACX
Compare and contrast key facts about Federated Hermes Corporate Bond Strategy Port (FCSPX) and Federated Hermes MDT All Cap Core Fund (QIACX).
FCSPX is managed by Federated. It was launched on Jun 20, 2006. QIACX is managed by Federated. It was launched on Oct 1, 2002.
Performance
FCSPX vs. QIACX - Performance Comparison
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FCSPX vs. QIACX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCSPX Federated Hermes Corporate Bond Strategy Port | -1.35% | 8.13% | 2.78% | 8.48% | -16.25% | -0.95% | 11.90% | 16.59% | -3.05% | 8.03% |
QIACX Federated Hermes MDT All Cap Core Fund | -7.69% | 21.15% | 31.07% | 23.52% | -14.16% | 31.40% | 21.95% | 26.91% | -2.64% | 21.07% |
Returns By Period
In the year-to-date period, FCSPX achieves a -1.35% return, which is significantly higher than QIACX's -7.69% return. Over the past 10 years, FCSPX has underperformed QIACX with an annualized return of 3.42%, while QIACX has yielded a comparatively higher 15.25% annualized return.
FCSPX
- 1D
- 0.50%
- 1M
- -2.71%
- YTD
- -1.35%
- 6M
- -0.42%
- 1Y
- 4.32%
- 3Y*
- 4.56%
- 5Y*
- 0.69%
- 10Y*
- 3.42%
QIACX
- 1D
- -0.26%
- 1M
- -7.77%
- YTD
- -7.69%
- 6M
- -4.32%
- 1Y
- 15.04%
- 3Y*
- 19.32%
- 5Y*
- 14.06%
- 10Y*
- 15.25%
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FCSPX vs. QIACX - Expense Ratio Comparison
FCSPX has a 0.00% expense ratio, which is lower than QIACX's 0.75% expense ratio.
Return for Risk
FCSPX vs. QIACX — Risk / Return Rank
FCSPX
QIACX
FCSPX vs. QIACX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Corporate Bond Strategy Port (FCSPX) and Federated Hermes MDT All Cap Core Fund (QIACX). 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.
| FCSPX | QIACX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 0.82 | +0.25 |
Sortino ratioReturn per unit of downside risk | 1.52 | 1.22 | +0.30 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.21 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.68 | 0.94 | +0.74 |
Martin ratioReturn relative to average drawdown | 5.54 | 4.64 | +0.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCSPX | QIACX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 0.82 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.81 | -0.71 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.82 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.54 | +0.02 |
Correlation
The correlation between FCSPX and QIACX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FCSPX vs. QIACX - Dividend Comparison
FCSPX's dividend yield for the trailing twelve months is around 4.38%, less than QIACX's 4.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSPX Federated Hermes Corporate Bond Strategy Port | 4.38% | 4.59% | 3.95% | 3.35% | 3.28% | 3.36% | 3.51% | 3.95% | 4.88% | 4.09% | 4.30% | 4.59% |
QIACX Federated Hermes MDT All Cap Core Fund | 4.96% | 4.58% | 8.65% | 1.40% | 10.90% | 17.44% | 3.01% | 3.34% | 8.60% | 0.69% | 1.12% | 1.25% |
Drawdowns
FCSPX vs. QIACX - Drawdown Comparison
The maximum FCSPX drawdown since its inception was -22.68%, smaller than the maximum QIACX drawdown of -60.11%. Use the drawdown chart below to compare losses from any high point for FCSPX and QIACX.
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Drawdown Indicators
| FCSPX | QIACX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.68% | -60.11% | +37.43% |
Max Drawdown (1Y)Largest decline over 1 year | -3.19% | -11.99% | +8.80% |
Max Drawdown (5Y)Largest decline over 5 years | -22.68% | -23.05% | +0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -22.68% | -36.47% | +13.79% |
Current DrawdownCurrent decline from peak | -2.71% | -8.65% | +5.94% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -9.36% | +5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 2.66% | -1.69% |
Volatility
FCSPX vs. QIACX - Volatility Comparison
The current volatility for Federated Hermes Corporate Bond Strategy Port (FCSPX) is 1.77%, while Federated Hermes MDT All Cap Core Fund (QIACX) has a volatility of 4.20%. This indicates that FCSPX experiences smaller price fluctuations and is considered to be less risky than QIACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCSPX | QIACX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 4.20% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 9.52% | -6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.10% | 15.98% | -10.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.78% | 17.34% | -10.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.21% | 18.69% | -12.48% |