FIDPX vs. BEARX
FIDPX (Federated Hermes International Dividend Strategy Portfolio) and BEARX (Federated Hermes Prudent Bear Fd) are both mutual funds - FIDPX is a Foreign Large Cap Equities fund managed by Federated, while BEARX is a Inverse Equities fund managed by Federated. Over the past 10 years, FIDPX returned 7.35%/yr vs -14.66%/yr for BEARX. At a correlation of -0.52, they often move in opposite directions. FIDPX charges 0.00%/yr vs 1.78%/yr for BEARX.
Performance
FIDPX vs. BEARX - Performance Comparison
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Returns By Period
In the year-to-date period, FIDPX achieves a 2.10% return, which is significantly higher than BEARX's -9.50% return. Over the past 10 years, FIDPX has outperformed BEARX with an annualized return of 7.35%, while BEARX has yielded a comparatively lower -14.66% annualized return.
FIDPX
- 1D
- -0.27%
- 1M
- -1.24%
- YTD
- 2.10%
- 6M
- 4.43%
- 1Y
- 9.78%
- 3Y*
- 12.09%
- 5Y*
- 8.19%
- 10Y*
- 7.35%
BEARX
- 1D
- -0.29%
- 1M
- -5.77%
- YTD
- -9.50%
- 6M
- -9.81%
- 1Y
- -19.70%
- 3Y*
- -16.79%
- 5Y*
- -12.48%
- 10Y*
- -14.66%
FIDPX vs. BEARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIDPX Federated Hermes International Dividend Strategy Portfolio | 2.10% | 34.77% | -2.40% | 15.20% | -3.10% | 6.20% | 6.81% | 22.76% | -9.16% | 13.54% |
BEARX Federated Hermes Prudent Bear Fd | -9.50% | -12.42% | -20.34% | -18.67% | 17.78% | -23.78% | -22.95% | -19.95% | -5.96% | -15.76% |
Correlation
The correlation between FIDPX and BEARX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2015 | -0.52 |
Over the past year, the inverse relationship between FIDPX and BEARX has weakened: their correlation has moved from -0.52 to -0.07, meaning they move in opposite directions less often than they have historically.
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Return for Risk
FIDPX vs. BEARX — Risk / Return Rank
FIDPX
BEARX
FIDPX vs. BEARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Dividend Strategy Portfolio (FIDPX) and Federated Hermes Prudent Bear Fd (BEARX). 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.
| FIDPX | BEARX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.45 | ||
| Sortino ratioReturn per unit of downside risk | +3.51 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.70 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | -1.00 | +1.86 |
| Martin ratioReturn relative to average drawdown | 2.26 | -1.89 | +4.15 |
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
| FIDPX | BEARX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | -1.75 | +2.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | -0.74 | +1.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | -0.88 | +1.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | -0.02 | +0.39 |
Drawdowns
FIDPX vs. BEARX - Drawdown Comparison
The maximum FIDPX drawdown since its inception was -31.28%, smaller than the maximum BEARX drawdown of -95.75%. Use the drawdown chart below to compare losses from any high point for FIDPX and BEARX.
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Drawdown Indicators
| FIDPX | BEARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.28% | -95.75% | +64.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.25% | -19.52% | +9.27% |
Max Drawdown (3Y)Largest decline over 3 years | -11.96% | -44.46% | +32.50% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -52.48% | +29.23% |
Max Drawdown (10Y)Largest decline over 10 years | -31.28% | -80.48% | +49.20% |
Current DrawdownCurrent decline from peak | -9.18% | -95.75% | +86.57% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -61.04% | +54.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 10.45% | -6.62% |
Volatility
FIDPX vs. BEARX - Volatility Comparison
Federated Hermes International Dividend Strategy Portfolio (FIDPX) has a higher volatility of 4.47% compared to Federated Hermes Prudent Bear Fd (BEARX) at 2.86%. This indicates that FIDPX's price experiences larger fluctuations and is considered to be riskier than BEARX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIDPX | BEARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 2.86% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.36% | 8.76% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 11.32% | +1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.25% | 16.97% | -2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 16.67% | -1.62% |
FIDPX vs. BEARX - Expense Ratio Comparison
FIDPX has a 0.00% expense ratio, which is lower than BEARX's 1.78% expense ratio.
Dividends
FIDPX vs. BEARX - Dividend Comparison
FIDPX's dividend yield for the trailing twelve months is around 4.90%, less than BEARX's 7.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEARX Federated Hermes Prudent Bear Fd | 7.42% | 6.71% | 0.00% | 13.32% | 0.00% | 0.00% | 0.00% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% |
FIDPX Federated Hermes International Dividend Strategy Portfolio | 4.90% | 3.48% | 5.12% | 4.47% | 4.38% | 4.54% | 3.91% | 4.32% | 5.23% | 4.63% | 4.65% | 3.92% |
Frequently Asked Questions
FIDPX and BEARX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIDPX has higher volatility (4.47%) compared to BEARX (2.86%). In terms of maximum drawdown, FIDPX dropped -31.28% vs BEARX's -95.75%.
FIDPX currently has the higher Sharpe Ratio (0.71 vs -1.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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