FISPX vs. CAIBX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and American Funds Capital Income Builder Class A (CAIBX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. CAIBX is managed by American Funds. It was launched on Jul 30, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or CAIBX.
Key characteristics
| FISPX | CAIBX | |
|---|---|---|
| YTD Return | 22.79% | 12.23% |
| 1Y Return | 40.31% | 25.01% |
| 3Y Return (Ann) | 9.52% | 5.38% |
| 5Y Return (Ann) | 15.22% | 6.90% |
| 10Y Return (Ann) | 15.14% | 5.67% |
| Sharpe Ratio | 3.41 | 3.21 |
| Sortino Ratio | 4.49 | 4.60 |
| Omega Ratio | 1.64 | 1.63 |
| Calmar Ratio | 3.88 | 2.47 |
| Martin Ratio | 21.98 | 23.08 |
| Ulcer Index | 1.88% | 1.10% |
| Daily Std Dev | 12.14% | 7.91% |
| Max Drawdown | -54.64% | -42.73% |
| Current Drawdown | -0.92% | -1.53% |
Correlation
The correlation between FISPX and CAIBX is 0.79, 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. CAIBX - Performance Comparison
In the year-to-date period, FISPX achieves a 22.79% return, which is significantly higher than CAIBX's 12.23% return. Over the past 10 years, FISPX has outperformed CAIBX with an annualized return of 15.14%, while CAIBX has yielded a comparatively lower 5.67% 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. CAIBX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is lower than CAIBX's 0.59% expense ratio.
Risk-Adjusted Performance
FISPX vs. CAIBX - 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 Capital Income Builder Class A (CAIBX). 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. CAIBX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 18.63%, more than CAIBX's 3.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISPX 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% |
CAIBX American Funds Capital Income Builder Class A | 3.21% | 3.47% | 3.43% | 3.14% | 3.38% | 4.24% | 3.79% | 4.66% | 3.50% | 3.60% | 4.63% | 3.30% |
Drawdowns
FISPX vs. CAIBX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -54.64%, which is greater than CAIBX's maximum drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for FISPX and CAIBX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. CAIBX - Volatility Comparison
Federated Hermes Max Cap Index Fund (FISPX) has a higher volatility of 2.48% compared to American Funds Capital Income Builder Class A (CAIBX) at 1.61%. This indicates that FISPX's price experiences larger fluctuations and is considered to be riskier than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.