FGUSX vs. NUSFX
Compare and contrast key facts about Federated Hermes Government Ultrashort Fund (FGUSX) and Northern Ultra-Short Fixed Income Fund (NUSFX).
FGUSX is managed by Federated. It was launched on Jul 10, 1997. NUSFX is managed by Northern Funds. It was launched on Jun 18, 2009.
Performance
FGUSX vs. NUSFX - Performance Comparison
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FGUSX vs. NUSFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FGUSX Federated Hermes Government Ultrashort Fund | 0.48% | 5.22% | 4.67% | 4.61% | 0.33% |
NUSFX Northern Ultra-Short Fixed Income Fund | 0.84% | 4.27% | 5.22% | 5.21% | 0.00% |
Returns By Period
In the year-to-date period, FGUSX achieves a 0.48% return, which is significantly lower than NUSFX's 0.84% return.
FGUSX
- 1D
- 0.00%
- 1M
- -0.30%
- YTD
- 0.48%
- 6M
- 1.82%
- 1Y
- 4.36%
- 3Y*
- 4.55%
- 5Y*
- —
- 10Y*
- —
NUSFX
- 1D
- 0.10%
- 1M
- 0.04%
- YTD
- 0.84%
- 6M
- 1.91%
- 1Y
- 4.56%
- 3Y*
- 4.70%
- 5Y*
- 2.70%
- 10Y*
- 2.36%
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FGUSX vs. NUSFX - Expense Ratio Comparison
FGUSX has a 0.26% expense ratio, which is lower than NUSFX's 0.28% expense ratio.
Return for Risk
FGUSX vs. NUSFX — Risk / Return Rank
FGUSX
NUSFX
FGUSX vs. NUSFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Government Ultrashort Fund (FGUSX) and Northern Ultra-Short Fixed Income Fund (NUSFX). 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.
| FGUSX | NUSFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.06 | 2.98 | +0.08 |
Sortino ratioReturn per unit of downside risk | 9.18 | 6.75 | +2.43 |
Omega ratioGain probability vs. loss probability | 3.00 | 2.85 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 15.63 | 5.24 | +10.39 |
Martin ratioReturn relative to average drawdown | 47.02 | 38.53 | +8.49 |
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
| FGUSX | NUSFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.06 | 2.98 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 2.09 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.96 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.02 | 1.78 | +1.23 |
Correlation
The correlation between FGUSX and NUSFX is 0.13, 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
FGUSX vs. NUSFX - Dividend Comparison
FGUSX's dividend yield for the trailing twelve months is around 4.15%, less than NUSFX's 4.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGUSX Federated Hermes Government Ultrashort Fund | 4.15% | 4.66% | 4.56% | 4.70% | 0.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NUSFX Northern Ultra-Short Fixed Income Fund | 4.56% | 3.78% | 4.09% | 2.86% | 0.97% | 0.71% | 1.52% | 2.42% | 2.09% | 1.42% | 1.07% | 0.85% |
Drawdowns
FGUSX vs. NUSFX - Drawdown Comparison
The maximum FGUSX drawdown since its inception was -0.31%, smaller than the maximum NUSFX drawdown of -3.88%. Use the drawdown chart below to compare losses from any high point for FGUSX and NUSFX.
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Drawdown Indicators
| FGUSX | NUSFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.31% | -3.88% | +3.57% |
Max Drawdown (1Y)Largest decline over 1 year | -0.31% | -0.87% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -3.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.88% | — |
Current DrawdownCurrent decline from peak | -0.30% | 0.00% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -0.07% | -0.24% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.10% | 0.12% | -0.02% |
Volatility
FGUSX vs. NUSFX - Volatility Comparison
The current volatility for Federated Hermes Government Ultrashort Fund (FGUSX) is 0.22%, while Northern Ultra-Short Fixed Income Fund (NUSFX) has a volatility of 0.39%. This indicates that FGUSX experiences smaller price fluctuations and is considered to be less risky than NUSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGUSX | NUSFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.22% | 0.39% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 1.02% | 0.97% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.48% | 1.54% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.57% | 1.30% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.57% | 1.21% | +0.36% |