FGSKX vs. VMGMX
FGSKX (Federated Hermes MDT Mid Cap Growth Fund Class R6) and VMGMX (Vanguard Mid-Cap Growth Index Fund Admiral Shares) are both Mid Cap Growth Equities funds. FGSKX is actively managed, while VMGMX is passively managed. Over the past 10 years, FGSKX returned 14.83%/yr vs 11.49%/yr for VMGMX. Their correlation of 0.89 means they have usually moved in the same direction. FGSKX charges 0.84%/yr vs 0.07%/yr for VMGMX.
Performance
FGSKX vs. VMGMX - Performance Comparison
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Returns By Period
In the year-to-date period, FGSKX achieves a -0.65% return, which is significantly lower than VMGMX's 6.02% return. Over the past 10 years, FGSKX has outperformed VMGMX with an annualized return of 14.83%, while VMGMX has yielded a comparatively lower 11.49% annualized return.
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%
VMGMX
- 1D
- 1.52%
- 1M
- -2.07%
- 6M
- 7.00%
- YTD
- 6.02%
- 1Y
- 3.91%
- 3Y*
- 12.30%
- 5Y*
- 4.83%
- 10Y*
- 11.49%
- ALL TIME*
- 12.35%
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. VMGMX - 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% |
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 6.02% | 10.69% | 15.65% | 23.93% | -28.84% | 20.48% | 34.45% | 33.85% | -5.61% | 21.83% |
Correlation
The correlation between FGSKX and VMGMX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2011 | 0.89 |
Over the past year, the correlation between FGSKX and VMGMX has dropped to 0.39 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
FGSKX vs. VMGMX — Risk / Return Rank
FGSKX
VMGMX
FGSKX vs. VMGMX - 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 Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX). 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 | VMGMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.03 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.10 | -0.17 |
| Martin ratioReturn relative to average drawdown | -0.18 | 0.30 | -0.48 |
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Drawdowns
FGSKX vs. VMGMX - Drawdown Comparison
The maximum FGSKX drawdown since its inception was -55.05%, which is greater than VMGMX's maximum drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for FGSKX and VMGMX.
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Drawdown Indicators
| FGSKX | VMGMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.05% | -37.17% | -17.88% |
Max Drawdown (1Y)Largest decline over 1 year | -14.01% | -15.95% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -24.47% | -21.65% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -35.68% | -37.17% | +1.49% |
Max Drawdown (10Y)Largest decline over 10 years | -37.16% | -37.17% | +0.01% |
Current DrawdownCurrent decline from peak | -5.62% | -3.76% | -1.86% |
Average DrawdownAverage peak-to-trough decline | -10.81% | -6.97% | -3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.53% | 5.41% | +0.12% |
Volatility
FGSKX vs. VMGMX - Volatility Comparison
Federated Hermes MDT Mid Cap Growth Fund Class R6 (FGSKX) has a higher volatility of 4.98% compared to Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) at 4.20%. This indicates that FGSKX's price experiences larger fluctuations and is considered to be riskier than VMGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGSKX | VMGMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 4.20% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 13.48% | 13.95% | -0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 17.30% | +0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 21.63% | +0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.34% | 21.03% | +1.31% |
FGSKX vs. VMGMX - Expense Ratio Comparison
FGSKX has a 0.84% expense ratio, which is higher than VMGMX's 0.07% expense ratio.
Dividends
FGSKX vs. VMGMX - Dividend Comparison
FGSKX's dividend yield for the trailing twelve months is around 5.40%, more than VMGMX's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.61% | 0.64% | 0.67% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% |
Frequently Asked Questions
FGSKX and VMGMX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FGSKX has higher volatility (4.98%) compared to VMGMX (4.20%). In terms of maximum drawdown, FGSKX dropped -55.05% vs VMGMX's -37.17%.
VMGMX currently has the higher Sharpe Ratio (0.09 vs -0.06), 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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