FHYTX vs. FHESX
Compare and contrast key facts about Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) and Federated Hermes SDG Engagement Equity Fund (FHESX).
FHYTX is managed by Federated. It was launched on Aug 23, 1984. FHESX is managed by Federated. It was launched on Nov 5, 2018.
Performance
FHYTX vs. FHESX - Performance Comparison
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FHYTX vs. FHESX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHYTX Federated Hermes Opportunistic High Yield Bond Fund | -1.62% | 8.40% | 6.24% | 13.22% | -13.45% | 7.37% | 6.72% | 15.34% | -4.25% |
FHESX Federated Hermes SDG Engagement Equity Fund | -0.44% | 0.59% | 2.01% | 18.31% | -18.47% | 17.54% | 8.33% | 25.41% | -8.25% |
Returns By Period
In the year-to-date period, FHYTX achieves a -1.62% return, which is significantly lower than FHESX's -0.44% 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%
FHESX
- 1D
- 2.79%
- 1M
- -8.29%
- YTD
- -0.44%
- 6M
- -4.22%
- 1Y
- 5.91%
- 3Y*
- 4.15%
- 5Y*
- 1.42%
- 10Y*
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FHYTX vs. FHESX - Expense Ratio Comparison
FHYTX has a 0.98% expense ratio, which is higher than FHESX's 0.94% expense ratio.
Return for Risk
FHYTX vs. FHESX — Risk / Return Rank
FHYTX
FHESX
FHYTX vs. FHESX - 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 Hermes SDG Engagement Equity Fund (FHESX). 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 | FHESX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 0.39 | +1.03 |
Sortino ratioReturn per unit of downside risk | 1.96 | 0.67 | +1.29 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.09 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 0.23 | +1.75 |
Martin ratioReturn relative to average drawdown | 8.39 | 0.75 | +7.64 |
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
| FHYTX | FHESX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 0.39 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.09 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.26 | +0.81 |
Correlation
The correlation between FHYTX and FHESX is 0.60, 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. FHESX - Dividend Comparison
FHYTX's dividend yield for the trailing twelve months is around 4.93%, while FHESX has not paid dividends to shareholders.
| 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% |
FHESX Federated Hermes SDG Engagement Equity Fund | 0.00% | 0.00% | 2.00% | 0.97% | 0.37% | 0.72% | 0.88% | 1.52% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FHYTX vs. FHESX - Drawdown Comparison
The maximum FHYTX drawdown since its inception was -34.98%, smaller than the maximum FHESX drawdown of -40.76%. Use the drawdown chart below to compare losses from any high point for FHYTX and FHESX.
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Drawdown Indicators
| FHYTX | FHESX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.98% | -40.76% | +5.78% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -13.33% | +10.16% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -27.80% | +10.76% |
Max Drawdown (10Y)Largest decline over 10 years | -24.18% | — | — |
Current DrawdownCurrent decline from peak | -2.15% | -8.72% | +6.57% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -7.60% | +3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 4.34% | -3.59% |
Volatility
FHYTX vs. FHESX - Volatility Comparison
The current volatility for Federated Hermes Opportunistic High Yield Bond Fund (FHYTX) is 1.61%, while Federated Hermes SDG Engagement Equity Fund (FHESX) has a volatility of 6.38%. This indicates that FHYTX experiences smaller price fluctuations and is considered to be less risky than FHESX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHYTX | FHESX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 6.38% | -4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 11.30% | -8.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 18.49% | -14.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.65% | 17.04% | -11.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 19.85% | -12.57% |