FHYSX vs. PHYQX
Compare and contrast key facts about Federated Hermes High-Yield Strategy Portfolio (FHYSX) and PGIM High Yield Fund Class R6 (PHYQX).
FHYSX is managed by Federated. It was launched on Dec 24, 2008. PHYQX is managed by PGIM. It was launched on Oct 31, 2011.
Performance
FHYSX vs. PHYQX - Performance Comparison
Loading graphics...
FHYSX vs. PHYQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | -1.26% | 9.14% | 6.42% | 12.77% | -13.16% | 4.49% | 6.08% | 15.14% | -2.16% | 8.34% |
PHYQX PGIM High Yield Fund Class R6 | -0.77% | 9.18% | 8.55% | 12.34% | -12.22% | 5.99% | 5.79% | 16.29% | -1.18% | 7.74% |
Returns By Period
In the year-to-date period, FHYSX achieves a -1.26% return, which is significantly lower than PHYQX's -0.77% return. Over the past 10 years, FHYSX has underperformed PHYQX with an annualized return of 5.44%, while PHYQX has yielded a comparatively higher 5.88% annualized return.
FHYSX
- 1D
- 0.52%
- 1M
- -1.60%
- YTD
- -1.26%
- 6M
- 0.52%
- 1Y
- 6.43%
- 3Y*
- 7.67%
- 5Y*
- 3.19%
- 10Y*
- 5.44%
PHYQX
- 1D
- 0.63%
- 1M
- -1.65%
- YTD
- -0.77%
- 6M
- 0.27%
- 1Y
- 6.48%
- 3Y*
- 8.63%
- 5Y*
- 3.93%
- 10Y*
- 5.88%
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. PHYQX - Expense Ratio Comparison
FHYSX has a 0.02% expense ratio, which is lower than PHYQX's 0.38% expense ratio.
Return for Risk
FHYSX vs. PHYQX — Risk / Return Rank
FHYSX
PHYQX
FHYSX vs. PHYQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and PGIM High Yield Fund Class R6 (PHYQX). 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 | PHYQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.79 | -0.08 |
Sortino ratioReturn per unit of downside risk | 2.43 | 2.67 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.42 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 2.43 | +0.30 |
Martin ratioReturn relative to average drawdown | 11.03 | 9.84 | +1.19 |
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 graphics...
Sharpe Ratios by Period
| FHYSX | PHYQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.79 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.78 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 1.08 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 1.12 | -0.26 |
Correlation
The correlation between FHYSX and PHYQX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FHYSX vs. PHYQX - Dividend Comparison
FHYSX's dividend yield for the trailing twelve months is around 5.79%, less than PHYQX's 6.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.79% | 6.28% | 5.84% | 5.30% | 5.27% | 4.54% | 5.74% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% |
PHYQX PGIM High Yield Fund Class R6 | 6.58% | 7.07% | 7.53% | 7.09% | 6.29% | 6.23% | 6.56% | 6.32% | 6.64% | 6.38% | 4.88% | 7.05% |
Drawdowns
FHYSX vs. PHYQX - Drawdown Comparison
The maximum FHYSX drawdown since its inception was -21.45%, roughly equal to the maximum PHYQX drawdown of -21.12%. Use the drawdown chart below to compare losses from any high point for FHYSX and PHYQX.
Loading graphics...
Drawdown Indicators
| FHYSX | PHYQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.45% | -21.12% | -0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -2.50% | -2.94% | +0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -16.93% | -16.05% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -21.45% | -21.12% | -0.33% |
Current DrawdownCurrent decline from peak | -1.77% | -1.86% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -2.25% | -0.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 0.72% | -0.10% |
Volatility
FHYSX vs. PHYQX - Volatility Comparison
Federated Hermes High-Yield Strategy Portfolio (FHYSX) and PGIM High Yield Fund Class R6 (PHYQX) have volatilities of 1.38% and 1.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHYSX | PHYQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 1.41% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.43% | 2.46% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 3.78% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.20% | 5.05% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 5.47% | +0.30% |