FGFIX vs. SPECX

In the year-to-date period, FGFIX achieves a 0.49% return, which is significantly lower than SPECX's 7.67% return. Over the past 10 years, FGFIX has underperformed SPECX with an annualized return of 1.22%, while SPECX has yielded a comparatively higher 5.38% annualized return.

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FGFIX has a 0.34% expense ratio, which is lower than SPECX's 1.39% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Core Bond Fund (FGFIX) and Alger Spectra Fund (SPECX). 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.

The current FGFIX Sharpe Ratio is 0.85, which is lower than the SPECX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of FGFIX and SPECX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FGFIX's dividend yield for the trailing twelve months is around 4.08%, while SPECX has not paid dividends to shareholders.

The maximum FGFIX drawdown since its inception was -18.43%, smaller than the maximum SPECX drawdown of -74.05%. Use the drawdown chart below to compare losses from any high point for FGFIX and SPECX. For additional features, visit the drawdowns tool.

The current volatility for Federated Hermes Core Bond Fund (FGFIX) is 1.44%, while Alger Spectra Fund (SPECX) has a volatility of 8.37%. This indicates that FGFIX experiences smaller price fluctuations and is considered to be less risky than SPECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.