FUSGX vs. QILGX

Last updated Jun 6, 2026

FUSGX (Federated Hermes Fund For US Governent Securities) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both mutual funds - FUSGX is a Government Bonds fund managed by Federated, while QILGX is a Large Cap Growth Equities fund managed by Federated. Over the past 10 years, FUSGX returned 0.74%/yr vs 20.10%/yr for QILGX. At a correlation of -0.06, they often move in opposite directions. FUSGX charges 0.96%/yr vs 0.75%/yr for QILGX.

Performance

FUSGX vs. QILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Fund For US Governent Securities (FUSGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUSGX achieves a 0.18% return, which is significantly lower than QILGX's 8.17% return. Over the past 10 years, FUSGX has underperformed QILGX with an annualized return of 0.74%, while QILGX has yielded a comparatively higher 20.10% annualized return.

FUSGX

• 1D: 0.16%
• 1M: -0.31%
• YTD: 0.18%
• 6M: 0.69%
• 1Y: 5.87%
• 3Y*: 3.72%
• 5Y*: -0.26%
• 10Y*: 0.74%

QILGX

• 1D: -0.24%
• 1M: 4.24%
• YTD: 8.17%
• 6M: 9.04%
• 1Y: 24.94%
• 3Y*: 28.09%
• 5Y*: 18.43%
• 10Y*: 20.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FUSGX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUSGX Federated Hermes Fund For US Governent Securities	0.18%	8.00%	0.48%	4.20%	-12.04%	-2.17%	3.73%	5.86%	0.03%	1.64%
QILGX Federated Hermes MDT Large Cap Growth Fund	8.17%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between FUSGX and QILGX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	-0.06

The correlation between FUSGX and QILGX shifts across timeframes, from -0.06 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FUSGX vs. QILGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FUSGX

FUSGX Risk / Return Rank: 28
FUSGX Sharpe Ratio Rank: 25
FUSGX Sortino Ratio Rank: 26
FUSGX Omega Ratio Rank: 29
FUSGX Calmar Ratio Rank: 29
FUSGX Martin Ratio Rank: 28

QILGX

QILGX Risk / Return Rank: 30
QILGX Sharpe Ratio Rank: 33
QILGX Sortino Ratio Rank: 32
QILGX Omega Ratio Rank: 40
QILGX Calmar Ratio Rank: 22
QILGX Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FUSGX vs. QILGX - 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 Large Cap Growth Fund (QILGX). 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.

	FUSGX	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.59	-0.22
Sortino ratio: Return per unit of downside risk	2.04	2.25	-0.20
Omega ratio: Gain probability vs. loss probability	1.27	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	1.92	1.64	+0.28
Martin ratio: Return relative to average drawdown	6.29	5.27	+1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUSGX vs. QILGX - Sharpe Ratio Comparison

The current FUSGX Sharpe Ratio is 1.37, which is comparable to the QILGX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FUSGX and QILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FUSGX	QILGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	1.59	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	0.88	-0.92
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.95	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.60	-0.24

Drawdowns

FUSGX vs. QILGX - Drawdown Comparison

The maximum FUSGX drawdown since its inception was -33.96%, smaller than the maximum QILGX drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for FUSGX and QILGX.

Drawdown Indicators

	FUSGX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-33.96%	-53.48%	+19.52%
Max Drawdown (1Y) Largest decline over 1 year	-3.44%	-15.55%	+12.11%
Max Drawdown (3Y) Largest decline over 3 years	-7.88%	-24.71%	+16.83%
Max Drawdown (5Y) Largest decline over 5 years	-18.46%	-30.05%	+11.59%
Max Drawdown (10Y) Largest decline over 10 years	-19.13%	-31.68%	+12.55%
Current Drawdown Current decline from peak	-2.61%	-1.43%	-1.18%
Average Drawdown Average peak-to-trough decline	-4.68%	-8.95%	+4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	4.83%	-3.78%

Volatility

FUSGX vs. QILGX - Volatility Comparison

The current volatility for Federated Hermes Fund For US Governent Securities (FUSGX) is 1.66%, while Federated Hermes MDT Large Cap Growth Fund (QILGX) has a volatility of 3.41%. This indicates that FUSGX experiences smaller price fluctuations and is considered to be less risky than QILGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUSGX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.66%	3.41%	-1.75%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	13.05%	-9.78%
Volatility (1Y) Calculated over the trailing 1-year period	4.81%	16.04%	-11.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.71%	21.04%	-14.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.03%	21.24%	-16.21%

FUSGX vs. QILGX - Expense Ratio Comparison

FUSGX has a 0.96% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

FUSGX vs. QILGX - Dividend Comparison

FUSGX's dividend yield for the trailing twelve months is around 3.96%, more than QILGX's 2.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUSGX Federated Hermes Fund For US Governent Securities	3.96%	3.76%	3.60%	3.08%	2.33%	1.63%	2.06%	2.51%	2.51%	2.32%	2.39%	2.53%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.86%	3.09%	6.60%	1.47%	13.57%	19.44%	7.47%	5.07%	10.33%	7.40%	0.55%	11.76%

Frequently Asked Questions

Can I hold both FUSGX and QILGX in my portfolio?

FUSGX and QILGX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUSGX or QILGX?

QILGX has higher volatility (3.41%) compared to FUSGX (1.66%). In terms of maximum drawdown, FUSGX dropped -33.96% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

QILGX currently has the higher Sharpe Ratio (1.59 vs 1.37), 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.