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FIIFX vs. FCSPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIIFX vs. FCSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Federated Hermes Corporate Bond Strategy Port (FCSPX). The values are adjusted to include any dividend payments, if applicable.

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FIIFX vs. FCSPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIIFX
Federated Hermes Intermediate Corporate Bond Fund
-1.02%7.62%3.20%5.66%-10.03%-1.61%7.58%9.72%-0.48%4.32%
FCSPX
Federated Hermes Corporate Bond Strategy Port
-1.35%8.13%2.78%8.48%-16.25%-0.95%11.90%16.59%-3.05%8.03%

Returns By Period

In the year-to-date period, FIIFX achieves a -1.02% return, which is significantly higher than FCSPX's -1.35% return. Over the past 10 years, FIIFX has underperformed FCSPX with an annualized return of 2.47%, while FCSPX has yielded a comparatively higher 3.42% annualized return.


FIIFX

1D
0.35%
1M
-1.94%
YTD
-1.02%
6M
0.24%
1Y
4.17%
3Y*
4.24%
5Y*
1.00%
10Y*
2.47%

FCSPX

1D
0.50%
1M
-2.71%
YTD
-1.35%
6M
-0.42%
1Y
4.32%
3Y*
4.56%
5Y*
0.69%
10Y*
3.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIIFX vs. FCSPX - Expense Ratio Comparison

FIIFX has a 0.58% expense ratio, which is higher than FCSPX's 0.00% expense ratio.


Return for Risk

FIIFX vs. FCSPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIIFX
FIIFX Risk / Return Rank: 8484
Overall Rank
FIIFX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FIIFX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FIIFX Omega Ratio Rank: 8282
Omega Ratio Rank
FIIFX Calmar Ratio Rank: 8686
Calmar Ratio Rank
FIIFX Martin Ratio Rank: 8585
Martin Ratio Rank

FCSPX
FCSPX Risk / Return Rank: 6161
Overall Rank
FCSPX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
FCSPX Sortino Ratio Rank: 5757
Sortino Ratio Rank
FCSPX Omega Ratio Rank: 6060
Omega Ratio Rank
FCSPX Calmar Ratio Rank: 7272
Calmar Ratio Rank
FCSPX Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIIFX vs. FCSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Federated Hermes Corporate Bond Strategy Port (FCSPX). 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.


FIIFXFCSPXDifference

Sharpe ratio

Return per unit of total volatility

1.49

1.08

+0.42

Sortino ratio

Return per unit of downside risk

2.25

1.52

+0.73

Omega ratio

Gain probability vs. loss probability

1.33

1.23

+0.10

Calmar ratio

Return relative to maximum drawdown

2.21

1.68

+0.53

Martin ratio

Return relative to average drawdown

8.69

5.54

+3.15

FIIFX vs. FCSPX - Sharpe Ratio Comparison

The current FIIFX Sharpe Ratio is 1.49, which is higher than the FCSPX Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of FIIFX and FCSPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIIFXFCSPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.49

1.08

+0.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.10

+0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.65

0.55

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

1.07

0.57

+0.50

Correlation

The correlation between FIIFX and FCSPX is 0.89, 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

FIIFX vs. FCSPX - Dividend Comparison

FIIFX's dividend yield for the trailing twelve months is around 3.89%, less than FCSPX's 4.38% yield.


TTM20252024202320222021202020192018201720162015
FIIFX
Federated Hermes Intermediate Corporate Bond Fund
3.89%4.15%3.39%2.95%1.97%2.69%2.64%2.92%4.02%4.27%3.30%3.79%
FCSPX
Federated Hermes Corporate Bond Strategy Port
4.38%4.59%3.95%3.35%3.28%3.36%3.51%3.95%4.88%4.09%4.30%4.59%

Drawdowns

FIIFX vs. FCSPX - Drawdown Comparison

The maximum FIIFX drawdown since its inception was -14.85%, smaller than the maximum FCSPX drawdown of -22.68%. Use the drawdown chart below to compare losses from any high point for FIIFX and FCSPX.


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Drawdown Indicators


FIIFXFCSPXDifference

Max Drawdown

Largest peak-to-trough decline

-14.85%

-22.68%

+7.83%

Max Drawdown (1Y)

Largest decline over 1 year

-2.28%

-3.19%

+0.91%

Max Drawdown (5Y)

Largest decline over 5 years

-14.85%

-22.68%

+7.83%

Max Drawdown (10Y)

Largest decline over 10 years

-14.85%

-22.68%

+7.83%

Current Drawdown

Current decline from peak

-1.94%

-2.71%

+0.77%

Average Drawdown

Average peak-to-trough decline

-1.93%

-4.17%

+2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.58%

0.97%

-0.39%

Volatility

FIIFX vs. FCSPX - Volatility Comparison

The current volatility for Federated Hermes Intermediate Corporate Bond Fund (FIIFX) is 1.02%, while Federated Hermes Corporate Bond Strategy Port (FCSPX) has a volatility of 1.77%. This indicates that FIIFX experiences smaller price fluctuations and is considered to be less risky than FCSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIIFXFCSPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.02%

1.77%

-0.75%

Volatility (6M)

Calculated over the trailing 6-month period

1.97%

3.01%

-1.04%

Volatility (1Y)

Calculated over the trailing 1-year period

3.38%

5.10%

-1.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.26%

6.78%

-2.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.80%

6.21%

-2.41%