FKASX vs. SVSPX
Compare and contrast key facts about Federated Hermes Kaufmann Small Cap Fund (FKASX) and State Street S&P 500 Index Fund Class N (SVSPX).
FKASX is managed by Federated. It was launched on Dec 18, 2002. SVSPX is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Dec 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKASX or SVSPX.
Key characteristics
| FKASX | SVSPX | |
|---|---|---|
| YTD Return | 16.10% | 26.99% |
| 1Y Return | 34.33% | 25.95% |
| 3Y Return (Ann) | -9.35% | 0.03% |
| 5Y Return (Ann) | 5.85% | 6.71% |
| 10Y Return (Ann) | 6.32% | 6.16% |
| Sharpe Ratio | 1.71 | 1.59 |
| Sortino Ratio | 2.38 | 1.89 |
| Omega Ratio | 1.30 | 1.35 |
| Calmar Ratio | 0.71 | 1.08 |
| Martin Ratio | 9.56 | 6.76 |
| Ulcer Index | 3.37% | 3.69% |
| Daily Std Dev | 18.87% | 15.66% |
| Max Drawdown | -61.47% | -86.30% |
| Current Drawdown | -26.38% | -0.63% |
Correlation
The correlation between FKASX and SVSPX is 0.81, 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
FKASX vs. SVSPX - Performance Comparison
In the year-to-date period, FKASX achieves a 16.10% return, which is significantly lower than SVSPX's 26.99% return. Both investments have delivered pretty close results over the past 10 years, with FKASX having a 6.32% annualized return and SVSPX not far behind at 6.16%. 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.
FKASX vs. SVSPX - Expense Ratio Comparison
FKASX has a 1.36% expense ratio, which is higher than SVSPX's 0.16% expense ratio.
Risk-Adjusted Performance
FKASX vs. SVSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Kaufmann Small Cap Fund (FKASX) and State Street S&P 500 Index Fund Class N (SVSPX). 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
FKASX vs. SVSPX - Dividend Comparison
FKASX has not paid dividends to shareholders, while SVSPX's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKASX Federated Hermes Kaufmann Small Cap Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SVSPX State Street S&P 500 Index Fund Class N | 1.16% | 1.52% | 1.69% | 1.66% | 5.53% | 1.74% | 2.65% | 1.78% | 1.42% | 1.96% | 1.76% | 3.00% |
Drawdowns
FKASX vs. SVSPX - Drawdown Comparison
The maximum FKASX drawdown since its inception was -61.47%, smaller than the maximum SVSPX drawdown of -86.30%. Use the drawdown chart below to compare losses from any high point for FKASX and SVSPX. For additional features, visit the drawdowns tool.
Volatility
FKASX vs. SVSPX - Volatility Comparison
Federated Hermes Kaufmann Small Cap Fund (FKASX) has a higher volatility of 4.59% compared to State Street S&P 500 Index Fund Class N (SVSPX) at 3.92%. This indicates that FKASX's price experiences larger fluctuations and is considered to be riskier than SVSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.