FISPX vs. DFEQX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and DFA Short-Term Extended Quality Portfolio (DFEQX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. DFEQX is managed by Dimensional Fund Advisors LP. It was launched on Mar 4, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or DFEQX.
Key characteristics
| FISPX | DFEQX | |
|---|---|---|
| YTD Return | 26.63% | 4.92% |
| 1Y Return | 10.47% | 6.04% |
| 3Y Return (Ann) | -6.58% | 1.60% |
| 5Y Return (Ann) | -2.21% | 1.34% |
| 10Y Return (Ann) | -5.28% | 1.74% |
| Sharpe Ratio | 0.59 | 8.86 |
| Sortino Ratio | 0.75 | 54.42 |
| Omega Ratio | 1.19 | 34.75 |
| Calmar Ratio | 0.18 | 2.60 |
| Martin Ratio | 1.63 | 840.09 |
| Ulcer Index | 7.76% | 0.01% |
| Daily Std Dev | 21.62% | 0.71% |
| Max Drawdown | -72.44% | -8.40% |
| Current Drawdown | -59.22% | 0.00% |
Correlation
The correlation between FISPX and DFEQX is -0.15. 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.
Performance
FISPX vs. DFEQX - Performance Comparison
In the year-to-date period, FISPX achieves a 26.63% return, which is significantly higher than DFEQX's 4.92% return. Over the past 10 years, FISPX has underperformed DFEQX with an annualized return of -5.28%, while DFEQX has yielded a comparatively higher 1.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. DFEQX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is higher than DFEQX's 0.19% expense ratio.
Risk-Adjusted Performance
FISPX vs. DFEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and DFA Short-Term Extended Quality Portfolio (DFEQX). 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. DFEQX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 0.98%, less than DFEQX's 4.31% 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% |
DFEQX DFA Short-Term Extended Quality Portfolio | 4.31% | 3.34% | 1.78% | 0.91% | 0.47% | 2.18% | 3.15% | 1.90% | 1.79% | 1.58% | 1.53% | 1.45% |
Drawdowns
FISPX vs. DFEQX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -72.44%, which is greater than DFEQX's maximum drawdown of -8.40%. Use the drawdown chart below to compare losses from any high point for FISPX and DFEQX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. DFEQX - Volatility Comparison
Federated Hermes Max Cap Index Fund (FISPX) has a higher volatility of 3.68% compared to DFA Short-Term Extended Quality Portfolio (DFEQX) at 0.18%. This indicates that FISPX's price experiences larger fluctuations and is considered to be riskier than DFEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.