FMBPX vs. LVMUY
FMBPX (Federated Hermes Mortgage Strategy Portfolio) is Intermediate Core Bond fund managed by Federated, while LVMUY (LVMH Moët Hennessy - Louis Vuitton, Société Européenne) is a stock. Over the past 10 years, FMBPX returned 1.36%/yr vs 16.24%/yr for LVMUY. At a 0.01 correlation, their price movements are largely independent.
Performance
FMBPX vs. LVMUY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FMBPX achieves a 0.61% return, which is significantly higher than LVMUY's -24.75% return. Over the past 10 years, FMBPX has underperformed LVMUY with an annualized return of 1.36%, while LVMUY has yielded a comparatively higher 16.24% annualized return.
FMBPX
- 1D
- 0.24%
- 1M
- -0.07%
- 6M
- 0.85%
- YTD
- 0.61%
- 1Y
- 5.74%
- 3Y*
- 4.88%
- 5Y*
- 0.25%
- 10Y*
- 1.36%
LVMUY
- 1D
- -1.10%
- 1M
- -5.76%
- 6M
- -25.38%
- YTD
- -24.75%
- 1Y
- 0.31%
- 3Y*
- -14.00%
- 5Y*
- -4.84%
- 10Y*
- 16.24%
FMBPX vs. LVMUY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMBPX Federated Hermes Mortgage Strategy Portfolio | 0.61% | 9.03% | 1.04% | 4.44% | -12.21% | -1.35% | 4.77% | 6.30% | 1.13% | 2.76% |
LVMUY LVMH Moët Hennessy - Louis Vuitton, Société Européenne | -24.75% | 18.11% | -18.01% | 13.89% | -10.84% | 34.13% | 36.97% | 62.30% | 1.61% | 59.50% |
Correlation
The correlation between FMBPX and LVMUY is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2009 | 0.01 |
Over the past year, FMBPX and LVMUY have become more correlated (0.28) than their long-term average of 0.01, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FMBPX vs. LVMUY — Risk / Return Rank
FMBPX
LVMUY
FMBPX vs. LVMUY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Mortgage Strategy Portfolio (FMBPX) and LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FMBPX | LVMUY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +2.01 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.01 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | -0.09 | +2.00 |
| Martin ratioReturn relative to average drawdown | 6.06 | -0.18 | +6.24 |
Loading charts...
Drawdowns
FMBPX vs. LVMUY - Drawdown Comparison
The maximum FMBPX drawdown since its inception was -18.34%, smaller than the maximum LVMUY drawdown of -80.82%. Use the drawdown chart below to compare losses from any high point for FMBPX and LVMUY.
Loading charts...
Drawdown Indicators
| FMBPX | LVMUY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.34% | -80.82% | +62.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.15% | -31.47% | +28.32% |
Max Drawdown (3Y)Largest decline over 3 years | -7.58% | -46.56% | +38.98% |
Max Drawdown (5Y)Largest decline over 5 years | -18.02% | -46.56% | +28.54% |
Max Drawdown (10Y)Largest decline over 10 years | -18.34% | -46.56% | +28.22% |
Current DrawdownCurrent decline from peak | -1.42% | -40.22% | +38.80% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -20.68% | +17.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 16.91% | -15.92% |
Volatility
FMBPX vs. LVMUY - Volatility Comparison
The current volatility for Federated Hermes Mortgage Strategy Portfolio (FMBPX) is 1.24%, while LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY) has a volatility of 10.60%. This indicates that FMBPX experiences smaller price fluctuations and is considered to be less risky than LVMUY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FMBPX | LVMUY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 10.60% | -9.36% |
Volatility (6M)Calculated over the trailing 6-month period | 3.32% | 24.56% | -21.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.52% | 32.39% | -27.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.80% | 32.70% | -25.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.13% | 30.84% | -25.71% |
Dividends
FMBPX vs. LVMUY - Dividend Comparison
FMBPX's dividend yield for the trailing twelve months is around 5.04%, more than LVMUY's 2.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMBPX Federated Hermes Mortgage Strategy Portfolio | 5.04% | 4.87% | 4.29% | 3.46% | 2.29% | 1.96% | 2.68% | 3.23% | 3.14% | 2.83% | 2.72% | 2.65% |
LVMUY LVMH Moët Hennessy - Louis Vuitton, Société Européenne | 2.69% | 1.92% | 2.14% | 1.65% | 1.78% | 0.99% | 1.64% | 1.49% | 2.21% | 2.67% | 4.16% | 12.95% |
Frequently Asked Questions
FMBPX and LVMUY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LVMUY has higher volatility (10.60%) compared to FMBPX (1.24%). In terms of maximum drawdown, FMBPX dropped -18.34% vs LVMUY's -80.82%.
FMBPX currently has the higher Sharpe Ratio (1.33 vs -0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FMBPX and LVMUY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer