FISPX vs. FUQIX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and Fidelity SAI U.S. Quality Index Fund (FUQIX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. FUQIX is managed by Fidelity. It was launched on Oct 8, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or FUQIX.
Key characteristics
| FISPX | FUQIX | |
|---|---|---|
| YTD Return | 22.79% | 24.58% |
| 1Y Return | 40.31% | 41.91% |
| 3Y Return (Ann) | 9.52% | 11.87% |
| 5Y Return (Ann) | 15.22% | 16.78% |
| Sharpe Ratio | 3.41 | 3.12 |
| Sortino Ratio | 4.49 | 4.11 |
| Omega Ratio | 1.64 | 1.57 |
| Calmar Ratio | 3.88 | 4.57 |
| Martin Ratio | 21.98 | 18.68 |
| Ulcer Index | 1.88% | 2.28% |
| Daily Std Dev | 12.14% | 13.66% |
| Max Drawdown | -54.64% | -31.19% |
| Current Drawdown | -0.92% | -1.35% |
Correlation
The correlation between FISPX and FUQIX is 0.95, 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. FUQIX - Performance Comparison
In the year-to-date period, FISPX achieves a 22.79% return, which is significantly lower than FUQIX's 24.58% 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. FUQIX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is higher than FUQIX's 0.10% expense ratio.
Risk-Adjusted Performance
FISPX vs. FUQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and Fidelity SAI U.S. Quality Index Fund (FUQIX). 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. FUQIX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 18.63%, more than FUQIX's 11.24% 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% |
FUQIX Fidelity SAI U.S. Quality Index Fund | 11.24% | 2.38% | 1.42% | 8.55% | 9.46% | 13.68% | 2.41% | 3.79% | 1.57% | 0.29% | 0.00% | 0.00% |
Drawdowns
FISPX vs. FUQIX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -54.64%, which is greater than FUQIX's maximum drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for FISPX and FUQIX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. FUQIX - Volatility Comparison
The current volatility for Federated Hermes Max Cap Index Fund (FISPX) is 2.48%, while Fidelity SAI U.S. Quality Index Fund (FUQIX) has a volatility of 3.04%. This indicates that FISPX experiences smaller price fluctuations and is considered to be less risky than FUQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.