FHYTX vs. FGSIX
Compare and contrast key facts about Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) and Federated MDT Mid Cap Growth Fund Institutional Shares (FGSIX).
FHYTX is managed by Federated. It was launched on Aug 23, 1984. FGSIX is an actively managed fund by Federated. It was launched on Aug 23, 1984.
Performance
FHYTX vs. FGSIX - Performance Comparison
Loading graphics...
FHYTX vs. FGSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHYTX Federated Hermes Opportunistic High Yield Bond Fund | -1.62% | 8.40% | 6.24% | 13.22% | -13.45% | 7.37% | 6.72% | 15.34% | -4.66% | 7.46% |
FGSIX Federated MDT Mid Cap Growth Fund Institutional Shares | -6.48% | 10.87% | 33.37% | 27.44% | -24.39% | 22.77% | 35.86% | 28.34% | -3.00% | 24.70% |
Returns By Period
In the year-to-date period, FHYTX achieves a -1.62% return, which is significantly higher than FGSIX's -6.48% return. Over the past 10 years, FHYTX has underperformed FGSIX with an annualized return of 6.38%, while FGSIX has yielded a comparatively higher 14.20% annualized return.
FHYTX
- 1D
- 0.63%
- 1M
- -1.85%
- YTD
- -1.62%
- 6M
- -0.15%
- 1Y
- 6.15%
- 3Y*
- 7.40%
- 5Y*
- 3.00%
- 10Y*
- 6.38%
FGSIX
- 1D
- 3.31%
- 1M
- -5.13%
- YTD
- -6.48%
- 6M
- -8.37%
- 1Y
- 12.06%
- 3Y*
- 17.11%
- 5Y*
- 9.93%
- 10Y*
- 14.20%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHYTX vs. FGSIX - Expense Ratio Comparison
FHYTX has a 0.98% expense ratio, which is higher than FGSIX's 0.85% expense ratio.
Return for Risk
FHYTX vs. FGSIX — Risk / Return Rank
FHYTX
FGSIX
FHYTX vs. FGSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) and Federated MDT Mid Cap Growth Fund Institutional Shares (FGSIX). 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.
| FHYTX | FGSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 0.59 | +0.83 |
Sortino ratioReturn per unit of downside risk | 1.96 | 1.00 | +0.96 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.15 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 0.70 | +1.28 |
Martin ratioReturn relative to average drawdown | 8.39 | 2.20 | +6.20 |
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
| FHYTX | FGSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 0.59 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.45 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.64 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.63 | +0.43 |
Correlation
The correlation between FHYTX and FGSIX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FHYTX vs. FGSIX - Dividend Comparison
FHYTX's dividend yield for the trailing twelve months is around 4.93%, more than FGSIX's 4.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYTX Federated Hermes Opportunistic High Yield Bond Fund | 4.93% | 5.19% | 4.91% | 5.42% | 4.40% | 3.95% | 4.67% | 5.01% | 6.71% | 4.68% | 14.56% | 5.28% |
FGSIX Federated MDT Mid Cap Growth Fund Institutional Shares | 4.88% | 4.56% | 4.02% | 0.00% | 2.17% | 24.31% | 6.77% | 7.83% | 14.02% | 13.59% | 1.11% | 24.86% |
Drawdowns
FHYTX vs. FGSIX - Drawdown Comparison
The maximum FHYTX drawdown since its inception was -34.98%, smaller than the maximum FGSIX drawdown of -37.16%. Use the drawdown chart below to compare losses from any high point for FHYTX and FGSIX.
Loading graphics...
Drawdown Indicators
| FHYTX | FGSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.98% | -37.16% | +2.18% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -13.36% | +10.19% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -35.67% | +18.63% |
Max Drawdown (10Y)Largest decline over 10 years | -24.18% | -37.16% | +12.98% |
Current DrawdownCurrent decline from peak | -2.15% | -10.49% | +8.34% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -7.08% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 4.25% | -3.50% |
Volatility
FHYTX vs. FGSIX - Volatility Comparison
The current volatility for Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) is 1.61%, while Federated MDT Mid Cap Growth Fund Institutional Shares (FGSIX) has a volatility of 6.51%. This indicates that FHYTX experiences smaller price fluctuations and is considered to be less risky than FGSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHYTX | FGSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 6.51% | -4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 14.00% | -11.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 20.51% | -16.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.65% | 22.42% | -16.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 22.30% | -15.02% |