FGSKX vs. FSMAX
Compare and contrast key facts about Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) and Fidelity Extended Market Index Fund (FSMAX).
FGSKX is an actively managed fund by Federated Hermes. It was launched on Dec 12, 2006. FSMAX is managed by Fidelity.
Performance
FGSKX vs. FSMAX - Performance Comparison
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FGSKX vs. FSMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6 | -9.48% | 10.90% | 33.36% | 27.45% | -24.38% | 22.74% | 35.92% | 28.35% | -3.00% | 24.68% |
FSMAX Fidelity Extended Market Index Fund | -4.54% | 11.40% | 16.99% | 25.36% | -26.44% | 12.41% | 32.28% | 28.01% | -9.44% | 18.04% |
Returns By Period
In the year-to-date period, FGSKX achieves a -9.48% return, which is significantly lower than FSMAX's -4.54% return. Over the past 10 years, FGSKX has outperformed FSMAX with an annualized return of 13.79%, while FSMAX has yielded a comparatively lower 10.54% annualized return.
FGSKX
- 1D
- -0.81%
- 1M
- -9.32%
- YTD
- -9.48%
- 6M
- -11.69%
- 1Y
- 8.47%
- 3Y*
- 15.86%
- 5Y*
- 9.58%
- 10Y*
- 13.79%
FSMAX
- 1D
- -1.03%
- 1M
- -7.76%
- YTD
- -4.54%
- 6M
- -4.39%
- 1Y
- 16.77%
- 3Y*
- 13.78%
- 5Y*
- 3.66%
- 10Y*
- 10.54%
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FGSKX vs. FSMAX - Expense Ratio Comparison
FGSKX has a 0.84% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Return for Risk
FGSKX vs. FSMAX — Risk / Return Rank
FGSKX
FSMAX
FGSKX vs. FSMAX - 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 Fidelity Extended Market Index Fund (FSMAX). 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.
| FGSKX | FSMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.28 | 0.72 | -0.44 |
Sortino ratioReturn per unit of downside risk | 0.56 | 1.16 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.16 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.95 | -0.53 |
Martin ratioReturn relative to average drawdown | 1.30 | 3.91 | -2.61 |
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
| FGSKX | FSMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | 0.72 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.16 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.35 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.41 | 0.00 |
Correlation
The correlation between FGSKX and FSMAX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FGSKX vs. FSMAX - Dividend Comparison
FGSKX's dividend yield for the trailing twelve months is around 5.93%, more than FSMAX's 0.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSKX Federated Hermes MDT Mid Cap Growth Fund Class R6 | 5.93% | 5.37% | 4.70% | 0.00% | 2.52% | 28.15% | 7.60% | 8.72% | 15.47% | 14.82% | 0.89% | 26.74% |
FSMAX Fidelity Extended Market Index Fund | 0.60% | 0.57% | 0.48% | 1.17% | 1.90% | 7.49% | 2.14% | 4.30% | 6.09% | 5.44% | 4.85% | 6.34% |
Drawdowns
FGSKX vs. FSMAX - Drawdown Comparison
The maximum FGSKX drawdown since its inception was -55.05%, which is greater than FSMAX's maximum drawdown of -50.55%. Use the drawdown chart below to compare losses from any high point for FGSKX and FSMAX.
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Drawdown Indicators
| FGSKX | FSMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.05% | -50.55% | -4.50% |
Max Drawdown (1Y)Largest decline over 1 year | -14.01% | -14.64% | +0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -35.68% | -36.31% | +0.63% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | -50.55% | +13.39% |
Current DrawdownCurrent decline from peak | -14.01% | -10.26% | -3.75% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -12.29% | +1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 3.54% | +0.96% |
Volatility
FGSKX vs. FSMAX - Volatility Comparison
The current volatility for Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) is 5.42%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 6.01%. This indicates that FGSKX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGSKX | FSMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 6.01% | -0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 14.12% | 13.07% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.55% | 22.79% | -2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.41% | 22.32% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 30.19% | -7.84% |