FISPX vs. LCTRX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. LCTRX is managed by LEADER. It was launched on Jul 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or LCTRX.
Key characteristics
| FISPX | LCTRX | |
|---|---|---|
| YTD Return | 26.63% | 5.64% |
| 1Y Return | 10.47% | 8.09% |
| 3Y Return (Ann) | -6.58% | 5.34% |
| 5Y Return (Ann) | -2.21% | 6.37% |
| 10Y Return (Ann) | -5.28% | 3.58% |
| Sharpe Ratio | 0.59 | 4.03 |
| Sortino Ratio | 0.75 | 13.24 |
| Omega Ratio | 1.19 | 3.48 |
| Calmar Ratio | 0.18 | 22.56 |
| Martin Ratio | 1.63 | 88.93 |
| Ulcer Index | 7.76% | 0.09% |
| Daily Std Dev | 21.62% | 2.01% |
| Max Drawdown | -72.44% | -23.70% |
| Current Drawdown | -59.22% | 0.00% |
Correlation
The correlation between FISPX and LCTRX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FISPX vs. LCTRX - Performance Comparison
In the year-to-date period, FISPX achieves a 26.63% return, which is significantly higher than LCTRX's 5.64% return. Over the past 10 years, FISPX has underperformed LCTRX with an annualized return of -5.28%, while LCTRX has yielded a comparatively higher 3.58% 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. LCTRX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is lower than LCTRX's 2.33% expense ratio.
Risk-Adjusted Performance
FISPX vs. LCTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX). 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. LCTRX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 0.98%, less than LCTRX's 6.21% 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% |
LCTRX Leader Capital High Quality Floating Rate Fund Investor Shares | 6.21% | 6.37% | 2.37% | 1.70% | 1.44% | 2.44% | 3.31% | 2.32% | 3.79% | 4.63% | 3.62% | 2.48% |
Drawdowns
FISPX vs. LCTRX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -72.44%, which is greater than LCTRX's maximum drawdown of -23.70%. Use the drawdown chart below to compare losses from any high point for FISPX and LCTRX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. LCTRX - Volatility Comparison
Federated Hermes Max Cap Index Fund (FISPX) has a higher volatility of 3.68% compared to Leader Capital High Quality Floating Rate Fund Investor Shares (LCTRX) at 0.60%. This indicates that FISPX's price experiences larger fluctuations and is considered to be riskier than LCTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.