FIIFX vs. FIKOX
Compare and contrast key facts about Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Fidelity Advisor Corporate Bond Fund Class Z (FIKOX).
FIIFX is managed by Federated. It was launched on Dec 20, 1993. FIKOX is managed by Fidelity. It was launched on Oct 2, 2018.
Performance
FIIFX vs. FIKOX - Performance Comparison
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FIIFX vs. FIKOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIIFX Federated Hermes Intermediate Corporate Bond Fund | -0.79% | 7.62% | 3.20% | 5.66% | -10.03% | -1.61% | 7.58% | 9.72% | 0.83% |
FIKOX Fidelity Advisor Corporate Bond Fund Class Z | -0.81% | 7.96% | 2.83% | 8.64% | -17.06% | -1.60% | 10.91% | 14.58% | 0.53% |
Returns By Period
The year-to-date returns for both stocks are quite close, with FIIFX having a -0.79% return and FIKOX slightly lower at -0.81%.
FIIFX
- 1D
- 0.23%
- 1M
- -1.49%
- YTD
- -0.79%
- 6M
- 0.48%
- 1Y
- 4.41%
- 3Y*
- 4.32%
- 5Y*
- 1.01%
- 10Y*
- 2.49%
FIKOX
- 1D
- 0.38%
- 1M
- -1.94%
- YTD
- -0.81%
- 6M
- -0.28%
- 1Y
- 4.17%
- 3Y*
- 4.89%
- 5Y*
- 0.44%
- 10Y*
- —
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FIIFX vs. FIKOX - Expense Ratio Comparison
FIIFX has a 0.58% expense ratio, which is higher than FIKOX's 0.36% expense ratio.
Return for Risk
FIIFX vs. FIKOX — Risk / Return Rank
FIIFX
FIKOX
FIIFX vs. FIKOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Fidelity Advisor Corporate Bond Fund Class Z (FIKOX). 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.
| FIIFX | FIKOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 0.94 | +0.41 |
Sortino ratioReturn per unit of downside risk | 1.98 | 1.33 | +0.64 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.17 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.93 | 1.53 | +0.41 |
Martin ratioReturn relative to average drawdown | 7.49 | 4.99 | +2.50 |
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
| FIIFX | FIKOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.94 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.07 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.46 | +0.61 |
Correlation
The correlation between FIIFX and FIKOX is 0.83, 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. FIKOX - Dividend Comparison
FIIFX's dividend yield for the trailing twelve months is around 3.88%, less than FIKOX's 3.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIIFX Federated Hermes Intermediate Corporate Bond Fund | 3.88% | 4.15% | 3.39% | 2.95% | 1.97% | 2.69% | 2.64% | 2.92% | 4.02% | 4.27% | 3.30% | 3.79% |
FIKOX Fidelity Advisor Corporate Bond Fund Class Z | 3.92% | 4.20% | 4.05% | 3.51% | 2.62% | 2.90% | 3.47% | 3.37% | 0.98% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIIFX vs. FIKOX - Drawdown Comparison
The maximum FIIFX drawdown since its inception was -14.85%, smaller than the maximum FIKOX drawdown of -23.22%. Use the drawdown chart below to compare losses from any high point for FIIFX and FIKOX.
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Drawdown Indicators
| FIIFX | FIKOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.85% | -23.22% | +8.37% |
Max Drawdown (1Y)Largest decline over 1 year | -2.28% | -3.31% | +1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -14.85% | -23.22% | +8.37% |
Max Drawdown (10Y)Largest decline over 10 years | -14.85% | — | — |
Current DrawdownCurrent decline from peak | -1.71% | -2.39% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -6.77% | +4.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 1.01% | -0.42% |
Volatility
FIIFX vs. FIKOX - Volatility Comparison
The current volatility for Federated Hermes Intermediate Corporate Bond Fund (FIIFX) is 1.06%, while Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) has a volatility of 1.78%. This indicates that FIIFX experiences smaller price fluctuations and is considered to be less risky than FIKOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIIFX | FIKOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.78% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 2.80% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 4.81% | -1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 6.69% | -2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.80% | 6.57% | -2.77% |