FHI vs. IBKR

Last updated Jun 5, 2026

FHI (Federated Hermes, Inc.) and IBKR (Interactive Brokers Group, Inc.) are both stocks. Both are in the Financial Services sector — FHI in Asset Management, IBKR in Capital Markets. Over the past 10 years, FHI returned 10.84%/yr vs 24.94%/yr for IBKR. At a 0.44 correlation, their price movements are largely independent.

Performance

FHI vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes, Inc. (FHI) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHI achieves a 10.82% return, which is significantly lower than IBKR's 35.66% return. Over the past 10 years, FHI has underperformed IBKR with an annualized return of 10.84%, while IBKR has yielded a comparatively higher 24.94% annualized return.

FHI

• 1D: 1.84%
• 1M: 4.11%
• YTD: 10.82%
• 6M: 13.66%
• 1Y: 38.38%
• 3Y*: 21.48%
• 5Y*: 16.10%
• 10Y*: 10.84%

IBKR

• 1D: -0.10%
• 1M: 3.86%
• YTD: 35.66%
• 6M: 32.28%
• 1Y: 69.80%
• 3Y*: 63.85%
• 5Y*: 39.30%
• 10Y*: 24.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FHI vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHI Federated Hermes, Inc.	10.82%	30.45%	29.60%	-3.72%	-0.16%	34.68%	-3.79%	27.07%	-23.34%	32.26%
IBKR Interactive Brokers Group, Inc.	35.66%	46.37%	114.43%	15.14%	-8.35%	31.12%	31.71%	-14.01%	-7.13%	63.75%

Correlation

The correlation between FHI and IBKR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since May 7, 2007	0.44

The correlation between FHI and IBKR shifts across timeframes, from 0.31 (3 years) to 0.44 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FHI : $4.14B IBKR : $39.04B
EPS FHI : $5.35 IBKR : $3.76
PE Ratio FHI : 10.64 IBKR : 23.18
PEG Ratio FHI : 0.50 IBKR : 0.79
PS Ratio FHI : 2.28 IBKR : 4.47
PB Ratio FHI : 2.66 IBKR : 1.84
Total Revenue (TTM) FHI : $1.86B IBKR : $8.69B
Gross Profit (TTM) FHI : $958.45M IBKR : $7.75B
EBITDA (TTM) FHI : $564.21M IBKR : $7.07B

Return for Risk

FHI vs. IBKR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHI

FHI Risk / Return Rank: 82
FHI Sharpe Ratio Rank: 85
FHI Sortino Ratio Rank: 80
FHI Omega Ratio Rank: 78
FHI Calmar Ratio Rank: 83
FHI Martin Ratio Rank: 86

IBKR

IBKR Risk / Return Rank: 84
IBKR Sharpe Ratio Rank: 87
IBKR Sortino Ratio Rank: 82
IBKR Omega Ratio Rank: 80
IBKR Calmar Ratio Rank: 87
IBKR Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHI vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes, Inc. (FHI) and Interactive Brokers Group, Inc. (IBKR). 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.

	FHI	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.88	-0.16
Sortino ratio: Return per unit of downside risk	2.26	2.47	-0.21
Omega ratio: Gain probability vs. loss probability	1.29	1.31	-0.02
Calmar ratio: Return relative to maximum drawdown	3.07	3.75	-0.68
Martin ratio: Return relative to average drawdown	9.53	9.52	+0.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FHI vs. IBKR - Sharpe Ratio Comparison

The current FHI Sharpe Ratio is 1.72, which is comparable to the IBKR Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of FHI and IBKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FHI	IBKR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	1.88	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	1.15	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.75	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.44	-0.16

Drawdowns

FHI vs. IBKR - Drawdown Comparison

The maximum FHI drawdown since its inception was -64.89%, roughly equal to the maximum IBKR drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for FHI and IBKR.

Drawdown Indicators

	FHI	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-64.89%	-63.66%	-1.23%
Max Drawdown (1Y) Largest decline over 1 year	-12.57%	-18.70%	+6.13%
Max Drawdown (3Y) Largest decline over 3 years	-20.17%	-38.66%	+18.49%
Max Drawdown (5Y) Largest decline over 5 years	-29.61%	-38.66%	+9.05%
Max Drawdown (10Y) Largest decline over 10 years	-64.89%	-55.09%	-9.80%
Current Drawdown Current decline from peak	-1.66%	-1.87%	+0.21%
Average Drawdown Average peak-to-trough decline	-15.75%	-24.73%	+8.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	7.36%	-3.32%

Volatility

FHI vs. IBKR - Volatility Comparison

The current volatility for Federated Hermes, Inc. (FHI) is 7.36%, while Interactive Brokers Group, Inc. (IBKR) has a volatility of 10.71%. This indicates that FHI experiences smaller price fluctuations and is considered to be less risky than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHI	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.36%	10.71%	-3.35%
Volatility (6M) Calculated over the trailing 6-month period	17.66%	27.36%	-9.70%
Volatility (1Y) Calculated over the trailing 1-year period	22.43%	37.35%	-14.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.88%	34.42%	-9.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.43%	33.33%	-0.90%

Dividends

FHI vs. IBKR - Dividend Comparison

FHI's dividend yield for the trailing twelve months is around 2.46%, more than IBKR's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHI Federated Hermes, Inc.	2.46%	2.55%	5.38%	3.38%	2.97%	2.87%	7.20%	3.31%	3.99%	2.77%	7.07%	3.49%
IBKR Interactive Brokers Group, Inc.	0.38%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%

Financials

Frequently Asked Questions

Can I hold both FHI and IBKR in my portfolio?

FHI and IBKR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FHI or IBKR?

IBKR has higher volatility (10.71%) compared to FHI (7.36%). In terms of maximum drawdown, FHI dropped -64.89% vs IBKR's -63.66%.

Which has better risk-adjusted returns?

IBKR currently has the higher Sharpe Ratio (1.88 vs 1.72), 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.