FUSGX vs. FGSAX
FUSGX (Federated Hermes Fund For US Governent Securities) and FGSAX (Federated Hermes MDT Mid Cap Growth Fund) are both mutual funds - FUSGX is a Government Bonds fund managed by Federated, while FGSAX is a Mid Cap Growth Equities fund managed by Federated. Over the past 10 years, FUSGX returned 0.60%/yr vs 14.50%/yr for FGSAX. Their 0.01 correlation means their historical movements had little consistent relationship. FUSGX charges 0.96%/yr vs 1.15%/yr for FGSAX.
Performance
FUSGX vs. FGSAX - Performance Comparison
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Returns By Period
In the year-to-date period, FUSGX achieves a -0.61% return, which is significantly higher than FGSAX's -0.82% return. Over the past 10 years, FUSGX has underperformed FGSAX with an annualized return of 0.60%, while FGSAX has yielded a comparatively higher 14.50% annualized return.
FUSGX
- 1D
- 0.00%
- 1M
- -0.96%
- 6M
- -1.39%
- YTD
- -0.61%
- 1Y
- 4.01%
- 3Y*
- 3.55%
- 5Y*
- -0.49%
- 10Y*
- 0.60%
- ALL TIME*
- 2.02%
FGSAX
- 1D
- 2.55%
- 1M
- -1.53%
- 6M
- 0.10%
- YTD
- -0.82%
- 1Y
- -1.90%
- 3Y*
- 15.49%
- 5Y*
- 7.87%
- 10Y*
- 14.50%
- ALL TIME*
- 10.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FUSGX vs. FGSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FUSGX Federated Hermes Fund For US Governent Securities | -0.61% | 8.00% | 0.48% | 4.20% | -12.04% | -2.17% | 3.73% | 5.86% | 0.03% | 1.64% |
FGSAX Federated Hermes MDT Mid Cap Growth Fund | -0.82% | 10.54% | 32.97% | 27.05% | -24.60% | 22.39% | 35.50% | 27.95% | -3.23% | 24.38% |
Correlation
The correlation between FUSGX and FGSAX is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 23, 1984 | 0.01 |
Over the past year, FUSGX and FGSAX have become more correlated (0.28) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
FUSGX vs. FGSAX — Risk / Return Rank
FUSGX
FGSAX
FUSGX vs. FGSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Fund For US Governent Securities (FUSGX) and Federated Hermes MDT Mid Cap Growth Fund (FGSAX). 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.
| FUSGX | FGSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.00 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | -0.10 | +1.17 |
| Martin ratioReturn relative to average drawdown | 2.82 | -0.25 | +3.07 |
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Drawdowns
FUSGX vs. FGSAX - Drawdown Comparison
The maximum FUSGX drawdown since its inception was -33.96%, smaller than the maximum FGSAX drawdown of -66.17%. Use the drawdown chart below to compare losses from any high point for FUSGX and FGSAX.
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Drawdown Indicators
| FUSGX | FGSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.96% | -66.17% | +32.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -13.73% | +10.29% |
Max Drawdown (3Y)Largest decline over 3 years | -6.77% | -24.51% | +17.74% |
Max Drawdown (5Y)Largest decline over 5 years | -18.36% | -35.79% | +17.43% |
Max Drawdown (10Y)Largest decline over 10 years | -19.13% | -37.19% | +18.06% |
Current DrawdownCurrent decline from peak | -3.37% | -5.42% | +2.05% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -16.10% | +11.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 5.33% | -4.03% |
Volatility
FUSGX vs. FGSAX - Volatility Comparison
The current volatility for Federated Hermes Fund For US Governent Securities (FUSGX) is 1.33%, while Federated Hermes MDT Mid Cap Growth Fund (FGSAX) has a volatility of 4.96%. This indicates that FUSGX experiences smaller price fluctuations and is considered to be less risky than FGSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FUSGX | FGSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 4.96% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 3.57% | 13.47% | -9.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.78% | 17.81% | -13.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.76% | 22.54% | -15.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.07% | 22.29% | -17.22% |
FUSGX vs. FGSAX - Expense Ratio Comparison
FUSGX has a 0.96% expense ratio, which is lower than FGSAX's 1.15% expense ratio.
Dividends
FUSGX vs. FGSAX - Dividend Comparison
FUSGX's dividend yield for the trailing twelve months is around 3.68%, less than FGSAX's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 4.96% | 4.92% | 4.32% | 0.00% | 2.31% | 25.75% | 7.07% | 8.13% | 14.46% | 13.93% | 0.89% | 25.34% |
FUSGX Federated Hermes Fund For US Governent Securities | 3.68% | 3.76% | 3.60% | 3.08% | 2.33% | 1.63% | 2.06% | 2.51% | 2.51% | 2.32% | 2.39% | 2.53% |
Frequently Asked Questions
FUSGX and FGSAX 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.
FGSAX has higher volatility (4.96%) compared to FUSGX (1.33%). In terms of maximum drawdown, FUSGX dropped -33.96% vs FGSAX's -66.17%.
FUSGX currently has the higher Sharpe Ratio (0.78 vs -0.07), 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.
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