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.
Performance
FISPX vs. ANWPX - Performance Comparison
Returns By Period
In the year-to-date period, FISPX achieves a 26.20% return, which is significantly higher than ANWPX's 17.39% return. Over the past 10 years, FISPX has underperformed ANWPX with an annualized return of -5.44%, while ANWPX has yielded a comparatively higher 11.13% annualized return.
FISPX
26.20%
3.02%
13.23%
8.63%
-2.22%
-5.44%
ANWPX
17.39%
0.68%
6.20%
23.89%
12.28%
11.13%
Key characteristics
| FISPX | ANWPX | |
|---|---|---|
| Sharpe Ratio | 0.40 | 1.91 |
| Sortino Ratio | 0.56 | 2.64 |
| Omega Ratio | 1.14 | 1.35 |
| Calmar Ratio | 0.13 | 1.57 |
| Martin Ratio | 1.11 | 11.98 |
| Ulcer Index | 7.76% | 1.99% |
| Daily Std Dev | 21.58% | 12.49% |
| Max Drawdown | -72.44% | -50.43% |
| Current Drawdown | -59.36% | -1.65% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FISPX vs. ANWPX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is lower than ANWPX's 0.72% expense ratio.
Correlation
The correlation between FISPX and ANWPX is 0.82, 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.
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 0.98%, more than ANWPX's 0.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISPX Federated Hermes Max Cap Index Fund | 0.98% | 1.39% | 1.43% | 0.99% | 1.53% | 1.41% | 2.32% | 1.77% | 1.98% | 1.96% | 1.66% | 1.60% |
ANWPX American Funds New Perspective Fund Class A | 0.80% | 0.94% | 0.84% | 0.33% | 0.13% | 1.01% | 1.18% | 0.45% | 0.82% | 0.72% | 7.58% | 6.26% |
Drawdowns
FISPX vs. ANWPX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -72.44%, 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
Federated Hermes Max Cap Index Fund (FISPX) has a higher volatility of 3.88% compared to American Funds New Perspective Fund Class A (ANWPX) at 3.35%. This indicates that FISPX's price experiences larger fluctuations and is considered to be riskier than ANWPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.