FIDPX vs. SPY
Compare and contrast key facts about Federated Hermes International Dividend Strategy Portfolio (FIDPX) and SPDR S&P 500 ETF (SPY).
FIDPX is managed by Federated. It was launched on Feb 8, 2015. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDPX or SPY.
Correlation
The correlation between FIDPX and SPY is 0.62, 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.
Performance
FIDPX vs. SPY - Performance Comparison
Key characteristics
FIDPX:
0.87
SPY:
1.97
FIDPX:
1.23
SPY:
2.64
FIDPX:
1.16
SPY:
1.36
FIDPX:
0.85
SPY:
2.97
FIDPX:
1.94
SPY:
12.34
FIDPX:
5.00%
SPY:
2.03%
FIDPX:
11.13%
SPY:
12.68%
FIDPX:
-31.28%
SPY:
-55.19%
FIDPX:
-4.38%
SPY:
-0.01%
Returns By Period
In the year-to-date period, FIDPX achieves a 7.36% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, FIDPX has underperformed SPY with an annualized return of 3.70%, while SPY has yielded a comparatively higher 13.18% annualized return.
FIDPX
7.36%
5.29%
0.99%
8.01%
5.10%
3.70%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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FIDPX vs. SPY - Expense Ratio Comparison
FIDPX has a 0.00% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIDPX vs. SPY — Risk-Adjusted Performance Rank
FIDPX
SPY
FIDPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Dividend Strategy Portfolio (FIDPX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FIDPX vs. SPY - Dividend Comparison
FIDPX's dividend yield for the trailing twelve months is around 5.45%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDPX Federated Hermes International Dividend Strategy Portfolio | 5.45% | 5.69% | 4.48% | 4.40% | 4.56% | 3.93% | 4.32% | 5.23% | 4.64% | 4.65% | 3.94% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FIDPX vs. SPY - Drawdown Comparison
The maximum FIDPX drawdown since its inception was -31.28%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FIDPX and SPY. For additional features, visit the drawdowns tool.
Volatility
FIDPX vs. SPY - Volatility Comparison
Federated Hermes International Dividend Strategy Portfolio (FIDPX) has a higher volatility of 3.43% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that FIDPX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.