FISPX vs. JENHX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and Johnson Enhanced Return Fund (JENHX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. JENHX is managed by Johnson Mutual Funds. It was launched on Dec 30, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or JENHX.
Key characteristics
| FISPX | JENHX | |
|---|---|---|
| YTD Return | 26.77% | 25.20% |
| 1Y Return | 14.39% | 39.89% |
| 3Y Return (Ann) | -6.55% | 6.62% |
| 5Y Return (Ann) | -2.00% | 13.61% |
| 10Y Return (Ann) | -5.26% | 10.59% |
| Sharpe Ratio | 0.62 | 3.04 |
| Sortino Ratio | 0.78 | 4.11 |
| Omega Ratio | 1.20 | 1.56 |
| Calmar Ratio | 0.20 | 2.56 |
| Martin Ratio | 1.74 | 19.90 |
| Ulcer Index | 7.76% | 1.93% |
| Daily Std Dev | 21.68% | 12.63% |
| Max Drawdown | -72.44% | -36.15% |
| Current Drawdown | -59.17% | 0.00% |
Correlation
The correlation between FISPX and JENHX is 0.94, 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. JENHX - Performance Comparison
In the year-to-date period, FISPX achieves a 26.77% return, which is significantly higher than JENHX's 25.20% return. Over the past 10 years, FISPX has underperformed JENHX with an annualized return of -5.26%, while JENHX has yielded a comparatively higher 10.59% 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. JENHX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is higher than JENHX's 0.35% expense ratio.
Risk-Adjusted Performance
FISPX vs. JENHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and Johnson Enhanced Return Fund (JENHX). 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. JENHX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 0.98%, less than JENHX's 2.69% 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% |
JENHX Johnson Enhanced Return Fund | 2.69% | 2.10% | 1.36% | 1.04% | 1.23% | 2.25% | 2.43% | 1.62% | 1.32% | 1.13% | 1.07% | 25.26% |
Drawdowns
FISPX vs. JENHX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -72.44%, which is greater than JENHX's maximum drawdown of -36.15%. Use the drawdown chart below to compare losses from any high point for FISPX and JENHX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. JENHX - Volatility Comparison
Federated Hermes Max Cap Index Fund (FISPX) and Johnson Enhanced Return Fund (JENHX) have volatilities of 3.81% and 3.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.