ISCAX vs. QAMNX
Compare and contrast key facts about Federated Hermes International Small-Mid Company Fund (ISCAX) and Federated Hermes MDT Market Neutral A (QAMNX).
ISCAX is managed by Federated. It was launched on Feb 27, 1996. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
ISCAX vs. QAMNX - Performance Comparison
Loading graphics...
ISCAX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ISCAX Federated Hermes International Small-Mid Company Fund | -0.29% | 34.01% | 5.67% | 12.61% | -23.62% | -6.59% |
QAMNX Federated Hermes MDT Market Neutral A | 1.36% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, ISCAX achieves a -0.29% return, which is significantly lower than QAMNX's 1.36% return.
ISCAX
- 1D
- 2.84%
- 1M
- -8.34%
- YTD
- -0.29%
- 6M
- 0.17%
- 1Y
- 23.05%
- 3Y*
- 14.25%
- 5Y*
- 4.95%
- 10Y*
- 9.00%
QAMNX
- 1D
- -0.05%
- 1M
- -0.05%
- YTD
- 1.36%
- 6M
- 5.54%
- 1Y
- 7.82%
- 3Y*
- 10.36%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ISCAX vs. QAMNX - Expense Ratio Comparison
ISCAX has a 1.24% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
ISCAX vs. QAMNX — Risk / Return Rank
ISCAX
QAMNX
ISCAX vs. QAMNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Small-Mid Company Fund (ISCAX) and Federated Hermes MDT Market Neutral A (QAMNX). 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.
| ISCAX | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.23 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.37 | 1.90 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.27 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.97 | +0.21 |
Martin ratioReturn relative to average drawdown | 9.41 | 5.71 | +3.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ISCAX | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.23 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.87 | -0.38 |
Correlation
The correlation between ISCAX and QAMNX is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ISCAX vs. QAMNX - Dividend Comparison
ISCAX's dividend yield for the trailing twelve months is around 7.47%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISCAX Federated Hermes International Small-Mid Company Fund | 7.47% | 7.45% | 0.00% | 0.84% | 0.79% | 7.79% | 5.80% | 4.89% | 15.53% | 6.51% | 0.92% | 12.23% |
QAMNX Federated Hermes MDT Market Neutral A | 1.51% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ISCAX vs. QAMNX - Drawdown Comparison
The maximum ISCAX drawdown since its inception was -71.55%, which is greater than QAMNX's maximum drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for ISCAX and QAMNX.
Loading graphics...
Drawdown Indicators
| ISCAX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.55% | -17.97% | -53.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -4.16% | -7.75% |
Max Drawdown (5Y)Largest decline over 5 years | -40.33% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.33% | — | — |
Current DrawdownCurrent decline from peak | -9.40% | -0.42% | -8.98% |
Average DrawdownAverage peak-to-trough decline | -22.33% | -5.25% | -17.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 1.44% | +1.62% |
Volatility
ISCAX vs. QAMNX - Volatility Comparison
Federated Hermes International Small-Mid Company Fund (ISCAX) has a higher volatility of 5.83% compared to Federated Hermes MDT Market Neutral A (QAMNX) at 1.03%. This indicates that ISCAX's price experiences larger fluctuations and is considered to be riskier than QAMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ISCAX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | 1.03% | +4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 10.76% | 4.88% | +5.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.44% | 6.38% | +11.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.32% | 14.04% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.31% | 14.04% | +3.27% |