ISCAX vs. XPTFX
ISCAX (Federated Hermes International Small-Mid Company Fund) and XPTFX (Federated Hermes Project and Trade Finance Tender Fund) are both mutual funds - ISCAX is a Foreign Small & Mid Cap Equities fund managed by Federated, while XPTFX is a Bank Loan fund managed by Federated. Over the past 5 years, ISCAX returned 4.94%/yr vs 6.57%/yr for XPTFX. Their 0.02 correlation means their historical movements had little consistent relationship. ISCAX charges 1.24%/yr vs 0.41%/yr for XPTFX.
Performance
ISCAX vs. XPTFX - Performance Comparison
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Returns By Period
In the year-to-date period, ISCAX achieves a 8.20% return, which is significantly higher than XPTFX's 3.95% return.
ISCAX
- 1D
- -0.06%
- 1M
- -0.92%
- 6M
- 2.53%
- YTD
- 8.20%
- 1Y
- 14.30%
- 3Y*
- 15.65%
- 5Y*
- 4.94%
- 10Y*
- 9.97%
- ALL TIME*
- 9.49%
XPTFX
- 1D
- 0.00%
- 1M
- 0.50%
- 6M
- 3.33%
- YTD
- 3.95%
- 1Y
- 7.07%
- 3Y*
- 7.88%
- 5Y*
- 6.57%
- 10Y*
- —
- ALL TIME*
- 4.76%
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 |
ISCAX vs. XPTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISCAX Federated Hermes International Small-Mid Company Fund | 8.20% | 34.01% | 5.67% | 12.61% | -23.62% | 5.98% | 31.26% | 31.76% | -18.88% | 28.59% |
XPTFX Federated Hermes Project and Trade Finance Tender Fund | 3.95% | 7.47% | 8.62% | 8.55% | 3.74% | 1.91% | 2.18% | 4.70% | 4.47% | -0.10% |
Correlation
The correlation between ISCAX and XPTFX is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.02 |
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Return for Risk
ISCAX vs. XPTFX — Risk / Return Rank
ISCAX
XPTFX
ISCAX vs. XPTFX - 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 Project and Trade Finance Tender Fund (XPTFX). 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.
| ISCAX | XPTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.97 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 4.11 | -2.91 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 3.68 | -2.22 |
| Martin ratioReturn relative to average drawdown | 5.08 | 11.56 | -6.47 |
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Drawdowns
ISCAX vs. XPTFX - Drawdown Comparison
The maximum ISCAX drawdown since its inception was -71.55%, which is greater than XPTFX's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for ISCAX and XPTFX.
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Drawdown Indicators
| ISCAX | XPTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.55% | -2.95% | -68.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -1.96% | -9.95% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -2.95% | -10.23% |
Max Drawdown (5Y)Largest decline over 5 years | -40.33% | -2.95% | -37.38% |
Max Drawdown (10Y)Largest decline over 10 years | -40.33% | — | — |
Current DrawdownCurrent decline from peak | -4.11% | 0.00% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -22.13% | -0.26% | -21.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 0.62% | +2.53% |
Volatility
ISCAX vs. XPTFX - Volatility Comparison
Federated Hermes International Small-Mid Company Fund (ISCAX) has a higher volatility of 5.20% compared to Federated Hermes Project and Trade Finance Tender Fund (XPTFX) at 0.21%. This indicates that ISCAX's price experiences larger fluctuations and is considered to be riskier than XPTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISCAX | XPTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.20% | 0.21% | +4.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 0.60% | +13.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.82% | 2.93% | +13.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.69% | 2.53% | +15.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 2.00% | +15.22% |
ISCAX vs. XPTFX - Expense Ratio Comparison
ISCAX has a 1.24% expense ratio, which is higher than XPTFX's 0.41% expense ratio.
Dividends
ISCAX vs. XPTFX - Dividend Comparison
ISCAX's dividend yield for the trailing twelve months is around 6.88%, more than XPTFX's 6.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISCAX Federated Hermes International Small-Mid Company Fund | 6.88% | 7.45% | 0.00% | 0.84% | 0.79% | 7.79% | 5.80% | 4.89% | 15.53% | 6.51% | 0.92% | 12.23% |
XPTFX Federated Hermes Project and Trade Finance Tender Fund | 6.03% | 7.24% | 6.78% | 6.66% | 5.70% | 2.21% | 2.74% | 4.62% | 4.60% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISCAX and XPTFX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISCAX has higher volatility (5.20%) compared to XPTFX (0.21%). In terms of maximum drawdown, ISCAX dropped -71.55% vs XPTFX's -2.95%.
XPTFX currently has the higher Sharpe Ratio (2.46 vs 1.03), 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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