FHYSX vs. ICSH
Compare and contrast key facts about Federated Hermes High-Yield Strategy Portfolio (FHYSX) and iShares Ultra Short-Term Bond ETF (ICSH).
FHYSX is managed by Federated. It was launched on Dec 24, 2008. ICSH is an actively managed fund by iShares. It was launched on Dec 11, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHYSX or ICSH.
Key characteristics
| FHYSX | ICSH | |
|---|---|---|
| YTD Return | 7.70% | 4.84% |
| 1Y Return | 14.27% | 5.99% |
| 3Y Return (Ann) | 2.87% | 3.78% |
| 5Y Return (Ann) | 4.37% | 2.68% |
| 10Y Return (Ann) | 4.91% | 2.40% |
| Sharpe Ratio | 3.64 | 13.45 |
| Sortino Ratio | 6.02 | 36.88 |
| Omega Ratio | 1.94 | 8.30 |
| Calmar Ratio | 2.85 | 85.48 |
| Martin Ratio | 24.42 | 537.12 |
| Ulcer Index | 0.54% | 0.01% |
| Daily Std Dev | 3.72% | 0.44% |
| Max Drawdown | -21.45% | -3.94% |
| Current Drawdown | -0.14% | -0.02% |
Correlation
The correlation between FHYSX and ICSH is 0.12, 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.
Performance
FHYSX vs. ICSH - Performance Comparison
In the year-to-date period, FHYSX achieves a 7.70% return, which is significantly higher than ICSH's 4.84% return. Over the past 10 years, FHYSX has outperformed ICSH with an annualized return of 4.91%, while ICSH has yielded a comparatively lower 2.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHYSX vs. ICSH - Expense Ratio Comparison
FHYSX has a 0.02% expense ratio, which is lower than ICSH's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FHYSX vs. ICSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and iShares Ultra Short-Term Bond ETF (ICSH). 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.
Dividends
FHYSX vs. ICSH - Dividend Comparison
FHYSX's dividend yield for the trailing twelve months is around 6.17%, more than ICSH's 5.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 6.17% | 6.33% | 7.06% | 5.44% | 5.73% | 6.17% | 6.61% | 6.06% | 6.31% | 7.21% | 7.60% | 8.55% |
ICSH iShares Ultra Short-Term Bond ETF | 5.27% | 4.78% | 1.66% | 0.42% | 1.22% | 2.60% | 2.19% | 1.36% | 0.88% | 0.54% | 0.46% | 0.00% |
Drawdowns
FHYSX vs. ICSH - Drawdown Comparison
The maximum FHYSX drawdown since its inception was -21.45%, which is greater than ICSH's maximum drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for FHYSX and ICSH. For additional features, visit the drawdowns tool.
Volatility
FHYSX vs. ICSH - Volatility Comparison
Federated Hermes High-Yield Strategy Portfolio (FHYSX) has a higher volatility of 0.89% compared to iShares Ultra Short-Term Bond ETF (ICSH) at 0.13%. This indicates that FHYSX's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.