FGSAX vs. QAMNX
Compare and contrast key facts about Federated Hermes MDT Mid Cap Growth Fund (FGSAX) and Federated Hermes MDT Market Neutral A (QAMNX).
FGSAX is managed by Federated. It was launched on Aug 23, 1984. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
FGSAX vs. QAMNX - Performance Comparison
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FGSAX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | -6.56% | 10.54% | 32.97% | 27.05% | -24.60% | 0.90% |
QAMNX Federated Hermes MDT Market Neutral A | 1.36% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, FGSAX achieves a -6.56% return, which is significantly lower than QAMNX's 1.36% return.
FGSAX
- 1D
- 3.29%
- 1M
- -5.16%
- YTD
- -6.56%
- 6M
- -8.51%
- 1Y
- 11.71%
- 3Y*
- 16.75%
- 5Y*
- 9.60%
- 10Y*
- 13.87%
QAMNX
- 1D
- -0.05%
- 1M
- -0.05%
- YTD
- 1.36%
- 6M
- 5.54%
- 1Y
- 7.82%
- 3Y*
- 10.36%
- 5Y*
- —
- 10Y*
- —
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FGSAX vs. QAMNX - Expense Ratio Comparison
FGSAX has a 1.15% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
FGSAX vs. QAMNX — Risk / Return Rank
FGSAX
QAMNX
FGSAX vs. QAMNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Mid Cap Growth Fund (FGSAX) and Federated Hermes MDT Market Neutral A (QAMNX). 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.
| FGSAX | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.57 | 1.23 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.90 | -0.93 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.27 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.65 | 1.97 | -1.32 |
Martin ratioReturn relative to average drawdown | 2.04 | 5.71 | -3.67 |
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
| FGSAX | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 1.23 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.87 | -0.40 |
Correlation
The correlation between FGSAX and QAMNX is 0.15, 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.
Dividends
FGSAX vs. QAMNX - Dividend Comparison
FGSAX's dividend yield for the trailing twelve months is around 5.27%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 5.27% | 4.92% | 4.32% | 0.00% | 2.31% | 25.75% | 7.07% | 8.13% | 14.46% | 13.93% | 0.89% | 25.34% |
QAMNX Federated Hermes MDT Market Neutral A | 1.51% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FGSAX vs. QAMNX - Drawdown Comparison
The maximum FGSAX drawdown since its inception was -66.17%, which is greater than QAMNX's maximum drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for FGSAX and QAMNX.
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Drawdown Indicators
| FGSAX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.17% | -17.97% | -48.20% |
Max Drawdown (1Y)Largest decline over 1 year | -13.73% | -4.16% | -9.57% |
Max Drawdown (5Y)Largest decline over 5 years | -35.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.19% | — | — |
Current DrawdownCurrent decline from peak | -10.89% | -0.42% | -10.47% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -5.25% | -10.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 1.44% | +2.97% |
Volatility
FGSAX vs. QAMNX - Volatility Comparison
Federated Hermes MDT Mid Cap Growth Fund (FGSAX) has a higher volatility of 6.50% compared to Federated Hermes MDT Market Neutral A (QAMNX) at 1.03%. This indicates that FGSAX's price experiences larger fluctuations and is considered to be riskier than QAMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGSAX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 1.03% | +5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.19% | 4.88% | +9.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.64% | 6.38% | +14.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 14.04% | +8.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.32% | 14.04% | +8.28% |