FISPX vs. ANWPX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and American Funds New Perspective Fund Class A (ANWPX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. ANWPX is managed by American Funds. It was launched on Mar 13, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or ANWPX.
Key characteristics
FISPX | ANWPX | |
---|---|---|
YTD Return | 22.79% | 16.85% |
1Y Return | 40.31% | 34.52% |
3Y Return (Ann) | 9.52% | 2.38% |
5Y Return (Ann) | 15.22% | 12.48% |
10Y Return (Ann) | 15.14% | 11.35% |
Sharpe Ratio | 3.41 | 2.77 |
Sortino Ratio | 4.49 | 3.79 |
Omega Ratio | 1.64 | 1.51 |
Calmar Ratio | 3.88 | 1.59 |
Martin Ratio | 21.98 | 18.13 |
Ulcer Index | 1.88% | 1.92% |
Daily Std Dev | 12.14% | 12.56% |
Max Drawdown | -54.64% | -50.43% |
Current Drawdown | -0.92% | -1.80% |
Correlation
The correlation between FISPX and ANWPX 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.
Performance
FISPX vs. ANWPX - Performance Comparison
In the year-to-date period, FISPX achieves a 22.79% return, which is significantly higher than ANWPX's 16.85% return. Over the past 10 years, FISPX has outperformed ANWPX with an annualized return of 15.14%, while ANWPX has yielded a comparatively lower 11.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FISPX vs. ANWPX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Risk-Adjusted Performance
FISPX vs. ANWPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and American Funds New Perspective Fund Class A (ANWPX). 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
FISPX vs. ANWPX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 18.63%, more than ANWPX's 4.58% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Federated Hermes Max Cap Index Fund | 18.63% | 22.88% | 16.72% | 16.48% | 23.53% | 15.79% | 47.85% | 25.80% | 18.45% | 14.91% | 12.35% | 10.10% |
American Funds New Perspective Fund Class A | 4.58% | 5.36% | 4.16% | 7.01% | 4.13% | 3.67% | 7.59% | 5.50% | 3.86% | 6.14% | 7.58% | 6.26% |
Drawdowns
FISPX vs. ANWPX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -54.64%, which is greater than ANWPX's maximum drawdown of -50.43%. Use the drawdown chart below to compare losses from any high point for FISPX and ANWPX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. ANWPX - Volatility Comparison
The current volatility for Federated Hermes Max Cap Index Fund (FISPX) is 2.48%, while American Funds New Perspective Fund Class A (ANWPX) has a volatility of 2.63%. This indicates that FISPX experiences smaller price fluctuations and is considered to be less risky than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.