FGSKX vs. FGSAX
FGSKX (Federated Hermes MDT Mid Cap Growth Fund Class R6) and FGSAX (Federated Hermes MDT Mid Cap Growth Fund) are both Mid Cap Growth Equities funds from Federated. Over the past 10 years, FGSKX returned 14.83%/yr vs 14.50%/yr for FGSAX. Their 1.00 correlation means they have historically moved very closely together. FGSKX charges 0.84%/yr vs 1.15%/yr for FGSAX.
Performance
FGSKX vs. FGSAX - Performance Comparison
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Returns By Period
In the year-to-date period, FGSKX achieves a -0.65% return, which is significantly higher than FGSAX's -0.82% return. Both investments have delivered pretty close results over the past 10 years, with FGSKX having a 14.83% annualized return and FGSAX not far behind at 14.50%.
FGSKX
- 1D
- 2.57%
- 1M
- -1.51%
- 6M
- 0.27%
- YTD
- -0.65%
- 1Y
- -1.59%
- 3Y*
- 15.86%
- 5Y*
- 8.20%
- 10Y*
- 14.83%
- ALL TIME*
- 9.81%
FGSAX
- 1D
- 2.55%
- 1M
- -1.53%
- 6M
- 0.10%
- YTD
- -0.82%
- 1Y
- -1.90%
- 3Y*
- 15.49%
- 5Y*
- 7.87%
- 10Y*
- 14.50%
- ALL TIME*
- 10.02%
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 |
FGSKX vs. FGSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6 | -0.65% | 10.90% | 33.36% | 27.45% | -24.38% | 22.74% | 35.92% | 28.35% | -3.00% | 24.68% |
FGSAX Federated Hermes MDT Mid Cap Growth Fund | -0.82% | 10.54% | 32.97% | 27.05% | -24.60% | 22.39% | 35.50% | 27.95% | -3.23% | 24.38% |
Correlation
The correlation between FGSKX and FGSAX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2006 | 1.00 |
The correlation between FGSKX and FGSAX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FGSKX vs. FGSAX — Risk / Return Rank
FGSKX
FGSAX
FGSKX vs. FGSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) and Federated Hermes MDT Mid Cap Growth Fund (FGSAX). 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.
| FGSKX | FGSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.00 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | -0.10 | +0.02 |
| Martin ratioReturn relative to average drawdown | -0.18 | -0.25 | +0.07 |
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Drawdowns
FGSKX vs. FGSAX - Drawdown Comparison
The maximum FGSKX drawdown since its inception was -55.05%, smaller than the maximum FGSAX drawdown of -66.17%. Use the drawdown chart below to compare losses from any high point for FGSKX and FGSAX.
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Drawdown Indicators
| FGSKX | FGSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.05% | -66.17% | +11.12% |
Max Drawdown (1Y)Largest decline over 1 year | -14.01% | -13.73% | -0.28% |
Max Drawdown (3Y)Largest decline over 3 years | -24.47% | -24.51% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -35.68% | -35.79% | +0.11% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | -37.19% | +0.03% |
Current DrawdownCurrent decline from peak | -5.62% | -5.42% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -10.81% | -16.10% | +5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 5.33% | +0.20% |
Volatility
FGSKX vs. FGSAX - Volatility Comparison
Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) and Federated Hermes MDT Mid Cap Growth Fund (FGSAX) have volatilities of 4.98% and 4.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGSKX | FGSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 4.96% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 13.47% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 17.81% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 22.54% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.34% | 22.29% | +0.05% |
FGSKX vs. FGSAX - Expense Ratio Comparison
FGSKX has a 0.84% expense ratio, which is lower than FGSAX's 1.15% expense ratio.
Dividends
FGSKX vs. FGSAX - Dividend Comparison
FGSKX's dividend yield for the trailing twelve months is around 5.40%, more than FGSAX's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 4.96% | 4.92% | 4.32% | 0.00% | 2.31% | 25.75% | 7.07% | 8.13% | 14.46% | 13.93% | 0.89% | 25.34% |
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6 | 5.40% | 5.37% | 4.70% | 0.00% | 2.52% | 28.15% | 7.60% | 8.72% | 15.47% | 14.82% | 0.89% | 26.74% |
Frequently Asked Questions
With a correlation of 1.00, FGSKX and FGSAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FGSKX has higher volatility (4.98%) compared to FGSAX (4.96%). In terms of maximum drawdown, FGSKX dropped -55.05% vs FGSAX's -66.17%.
FGSKX currently has the higher Sharpe Ratio (-0.06 vs -0.07), 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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