FHYSX vs. IPHYX
Compare and contrast key facts about Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Voya High Yield Portfolio (IPHYX).
FHYSX is managed by Federated. It was launched on Dec 24, 2008. IPHYX is managed by Voya. It was launched on May 3, 2004.
Performance
FHYSX vs. IPHYX - Performance Comparison
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Returns By Period
In the year-to-date period, FHYSX achieves a -0.92% return, which is significantly lower than IPHYX's -0.81% return. Over the past 10 years, FHYSX has outperformed IPHYX with an annualized return of 5.48%, while IPHYX has yielded a comparatively lower 4.64% annualized return.
FHYSX
- 1D
- 0.00%
- 1M
- -1.27%
- YTD
- -0.92%
- 6M
- 0.70%
- 1Y
- 7.45%
- 3Y*
- 7.66%
- 5Y*
- 3.26%
- 10Y*
- 5.48%
IPHYX
- 1D
- 0.00%
- 1M
- -1.13%
- YTD
- -0.81%
- 6M
- 0.23%
- 1Y
- 5.55%
- 3Y*
- 6.55%
- 5Y*
- 2.57%
- 10Y*
- 4.64%
FHYSX vs. IPHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | -0.92% | 9.14% | 6.42% | 12.77% | -13.16% | 4.49% | 6.08% | 15.14% | -2.16% | 8.34% |
IPHYX Voya High Yield Portfolio | -0.81% | 6.80% | 6.74% | 11.47% | -13.75% | 4.15% | 5.66% | 15.24% | -3.18% | 6.24% |
Correlation
The correlation between FHYSX and IPHYX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
FHYSX vs. IPHYX - Expense Ratio Comparison
FHYSX has a 0.02% expense ratio, which is lower than IPHYX's 0.73% expense ratio.
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Return for Risk
FHYSX vs. IPHYX — Risk / Return Rank
FHYSX
IPHYX
FHYSX vs. IPHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and Voya High Yield Portfolio (IPHYX). 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.
| FHYSX | IPHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 1.21 | +0.55 |
Sortino ratioReturn per unit of downside risk | 2.50 | 1.73 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.27 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.72 | 1.35 | +1.37 |
Martin ratioReturn relative to average drawdown | 10.79 | 5.89 | +4.90 |
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
| FHYSX | IPHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 1.21 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.51 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.85 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.02 | -0.16 |
Drawdowns
FHYSX vs. IPHYX - Drawdown Comparison
The maximum FHYSX drawdown since its inception was -21.45%, smaller than the maximum IPHYX drawdown of -32.43%. Use the drawdown chart below to compare losses from any high point for FHYSX and IPHYX.
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Drawdown Indicators
| FHYSX | IPHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.45% | -32.43% | +10.98% |
Max Drawdown (1Y)Largest decline over 1 year | -2.44% | -2.62% | +0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -16.93% | -17.18% | +0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -21.45% | -20.45% | -1.00% |
Current DrawdownCurrent decline from peak | -1.43% | -1.38% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -2.81% | +0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 0.77% | -0.14% |
Volatility
FHYSX vs. IPHYX - Volatility Comparison
The current volatility for Federated Hermes High-Yield Strategy Portfolio (FHYSX) is 1.43%, while Voya High Yield Portfolio (IPHYX) has a volatility of 1.67%. This indicates that FHYSX experiences smaller price fluctuations and is considered to be less risky than IPHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHYSX | IPHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 1.67% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 2.39% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 4.27% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.20% | 5.16% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.76% | 5.51% | +0.25% |
Dividends
FHYSX vs. IPHYX - Dividend Comparison
FHYSX's dividend yield for the trailing twelve months is around 5.77%, more than IPHYX's 3.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.77% | 6.28% | 5.84% | 5.30% | 5.27% | 4.54% | 5.74% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% |
IPHYX Voya High Yield Portfolio | 3.93% | 4.47% | 5.90% | 5.68% | 4.36% | 4.26% | 5.03% | 5.14% | 6.03% | 6.82% | 6.44% | 6.32% |