FISPX vs. PBQAX
Compare and contrast key facts about Federated Hermes Max Cap Index Fund (FISPX) and PGIM Jennison Blend Fund (PBQAX).
FISPX is managed by Federated. It was launched on Jul 11, 1990. PBQAX is managed by PGIM Investments. It was launched on Jan 22, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FISPX or PBQAX.
Key characteristics
| FISPX | PBQAX | |
|---|---|---|
| YTD Return | 26.77% | 25.45% |
| 1Y Return | 14.39% | 38.12% |
| 3Y Return (Ann) | -6.55% | -2.46% |
| 5Y Return (Ann) | -2.00% | 6.49% |
| 10Y Return (Ann) | -5.26% | 3.26% |
| Sharpe Ratio | 0.62 | 2.50 |
| Sortino Ratio | 0.78 | 3.39 |
| Omega Ratio | 1.20 | 1.45 |
| Calmar Ratio | 0.20 | 1.11 |
| Martin Ratio | 1.74 | 16.38 |
| Ulcer Index | 7.76% | 2.24% |
| Daily Std Dev | 21.68% | 14.70% |
| Max Drawdown | -72.44% | -59.78% |
| Current Drawdown | -59.17% | -7.59% |
Correlation
The correlation between FISPX and PBQAX is 0.90, 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. PBQAX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FISPX having a 26.77% return and PBQAX slightly lower at 25.45%. Over the past 10 years, FISPX has underperformed PBQAX with an annualized return of -5.26%, while PBQAX has yielded a comparatively higher 3.26% 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. PBQAX - Expense Ratio Comparison
FISPX has a 0.37% expense ratio, which is lower than PBQAX's 0.94% expense ratio.
Risk-Adjusted Performance
FISPX vs. PBQAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and PGIM Jennison Blend Fund (PBQAX). 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. PBQAX - Dividend Comparison
FISPX's dividend yield for the trailing twelve months is around 0.98%, more than PBQAX's 0.38% 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% |
PBQAX PGIM Jennison Blend Fund | 0.38% | 0.47% | 0.33% | 0.00% | 0.31% | 0.50% | 0.54% | 0.12% | 0.90% | 0.23% | 12.35% | 0.56% |
Drawdowns
FISPX vs. PBQAX - Drawdown Comparison
The maximum FISPX drawdown since its inception was -72.44%, which is greater than PBQAX's maximum drawdown of -59.78%. Use the drawdown chart below to compare losses from any high point for FISPX and PBQAX. For additional features, visit the drawdowns tool.
Volatility
FISPX vs. PBQAX - Volatility Comparison
The current volatility for Federated Hermes Max Cap Index Fund (FISPX) is 3.81%, while PGIM Jennison Blend Fund (PBQAX) has a volatility of 4.65%. This indicates that FISPX experiences smaller price fluctuations and is considered to be less risky than PBQAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.