FIIFX vs. QAMNX
Compare and contrast key facts about Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Federated Hermes MDT Market Neutral A (QAMNX).
FIIFX is managed by Federated. It was launched on Dec 20, 1993. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
FIIFX vs. QAMNX - Performance Comparison
Loading graphics...
FIIFX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FIIFX Federated Hermes Intermediate Corporate Bond Fund | -1.02% | 7.62% | 3.20% | 5.66% | -10.03% | -1.27% |
QAMNX Federated Hermes MDT Market Neutral A | 1.41% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, FIIFX achieves a -1.02% return, which is significantly lower than QAMNX's 1.41% 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%
QAMNX
- 1D
- 0.33%
- 1M
- -0.28%
- YTD
- 1.41%
- 6M
- 5.59%
- 1Y
- 7.87%
- 3Y*
- 10.38%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIIFX vs. QAMNX - Expense Ratio Comparison
FIIFX has a 0.58% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
FIIFX vs. QAMNX — Risk / Return Rank
FIIFX
QAMNX
FIIFX vs. QAMNX - 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 MDT Market Neutral A (QAMNX). 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 | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 1.30 | +0.19 |
Sortino ratioReturn per unit of downside risk | 2.25 | 2.00 | +0.25 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.28 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.21 | 1.81 | +0.40 |
Martin ratioReturn relative to average drawdown | 8.69 | 5.23 | +3.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FIIFX | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 1.30 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.87 | +0.20 |
Correlation
The correlation between FIIFX and QAMNX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FIIFX vs. QAMNX - Dividend Comparison
FIIFX's dividend yield for the trailing twelve months is around 3.89%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QAMNX Federated Hermes MDT Market Neutral A | 1.51% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIIFX vs. QAMNX - Drawdown Comparison
The maximum FIIFX drawdown since its inception was -14.85%, smaller than the maximum QAMNX drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for FIIFX and QAMNX.
Loading graphics...
Drawdown Indicators
| FIIFX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.85% | -17.97% | +3.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.28% | -4.16% | +1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -14.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -14.85% | — | — |
Current DrawdownCurrent decline from peak | -1.94% | -0.37% | -1.57% |
Average DrawdownAverage peak-to-trough decline | -1.93% | -5.26% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 1.44% | -0.86% |
Volatility
FIIFX vs. QAMNX - Volatility Comparison
Federated Hermes Intermediate Corporate Bond Fund (FIIFX) and Federated Hermes MDT Market Neutral A (QAMNX) have volatilities of 1.02% and 1.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIIFX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.07% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 4.88% | -2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 6.39% | -3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.26% | 14.05% | -9.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.80% | 14.05% | -10.25% |