FHI vs. IYF
FHI (Federated Hermes, Inc.) is a stock, while IYF (iShares U.S. Financials ETF) is Financials Equities fund tracking the Dow Jones U.S. Financials Index. Over the past 10 years, FHI returned 10.76%/yr vs 12.56%/yr for IYF. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
FHI vs. IYF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FHI achieves a 8.82% return, which is significantly higher than IYF's -5.20% return. Over the past 10 years, FHI has underperformed IYF with an annualized return of 10.76%, while IYF has yielded a comparatively higher 12.56% annualized return.
FHI
- 1D
- -0.37%
- 1M
- 4.25%
- YTD
- 8.82%
- 6M
- 11.98%
- 1Y
- 35.17%
- 3Y*
- 20.93%
- 5Y*
- 15.68%
- 10Y*
- 10.76%
IYF
- 1D
- -1.13%
- 1M
- -1.00%
- YTD
- -5.20%
- 6M
- -3.00%
- 1Y
- 5.96%
- 3Y*
- 20.58%
- 5Y*
- 9.52%
- 10Y*
- 12.56%
FHI vs. IYF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHI Federated Hermes, Inc. | 8.82% | 30.45% | 29.60% | -3.72% | -0.16% | 34.68% | -3.79% | 27.07% | -23.34% | 32.26% |
IYF iShares U.S. Financials ETF | -5.20% | 18.25% | 31.30% | 15.32% | -11.33% | 31.60% | -1.00% | 31.86% | -9.39% | 19.58% |
Correlation
The correlation between FHI and IYF is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since May 30, 2000 | 0.63 |
The correlation between FHI and IYF has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FHI vs. IYF — Risk / Return Rank
FHI
IYF
FHI vs. IYF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes, Inc. (FHI) and iShares U.S. Financials ETF (IYF). 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 | IYF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 0.43 | +2.38 |
| Martin ratioReturn relative to average drawdown | 8.74 | 1.18 | +7.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FHI | IYF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 0.42 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.50 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.60 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.22 | +0.05 |
Drawdowns
FHI vs. IYF - Drawdown Comparison
The maximum FHI drawdown since its inception was -64.89%, smaller than the maximum IYF drawdown of -79.09%. Use the drawdown chart below to compare losses from any high point for FHI and IYF.
Loading charts...
Drawdown Indicators
| FHI | IYF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.89% | -79.09% | +14.20% |
Max Drawdown (1Y)Largest decline over 1 year | -12.57% | -13.88% | +1.31% |
Max Drawdown (3Y)Largest decline over 3 years | -20.17% | -16.60% | -3.57% |
Max Drawdown (5Y)Largest decline over 5 years | -29.61% | -25.06% | -4.55% |
Max Drawdown (10Y)Largest decline over 10 years | -64.89% | -42.57% | -22.32% |
Current DrawdownCurrent decline from peak | -3.44% | -8.10% | +4.66% |
Average DrawdownAverage peak-to-trough decline | -15.75% | -17.61% | +1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.04% | 5.06% | -1.02% |
Volatility
FHI vs. IYF - Volatility Comparison
Federated Hermes, Inc. (FHI) has a higher volatility of 7.39% compared to iShares U.S. Financials ETF (IYF) at 3.41%. This indicates that FHI's price experiences larger fluctuations and is considered to be riskier than IYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FHI | IYF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 3.41% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 17.58% | 10.80% | +6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 14.34% | +8.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.89% | 19.00% | +5.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.43% | 20.89% | +11.54% |
Dividends
FHI vs. IYF - Dividend Comparison
FHI's dividend yield for the trailing twelve months is around 2.50%, more than IYF's 1.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHI Federated Hermes, Inc. | 2.50% | 2.55% | 5.38% | 3.38% | 2.97% | 2.87% | 7.20% | 3.31% | 3.99% | 2.77% | 7.07% | 3.49% |
IYF iShares U.S. Financials ETF | 1.57% | 1.32% | 1.29% | 1.67% | 1.86% | 1.27% | 1.72% | 1.64% | 1.90% | 1.46% | 1.67% | 1.66% |
Frequently Asked Questions
FHI and IYF have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FHI has higher volatility (7.39%) compared to IYF (3.41%). In terms of maximum drawdown, FHI dropped -64.89% vs IYF's -79.09%.
FHI currently has the higher Sharpe Ratio (1.58 vs 0.42), 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.
Find the right allocation for FHI and IYF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer