IVFIX vs. PZRIX
Compare and contrast key facts about Federated Hermes International Strategic Value Dividend Fund (IVFIX) and PIMCO RAE Global ex-US Fund (PZRIX).
IVFIX is managed by Federated. It was launched on Jun 3, 2008. PZRIX is managed by PIMCO. It was launched on Jun 4, 2015.
Performance
IVFIX vs. PZRIX - Performance Comparison
Loading graphics...
IVFIX vs. PZRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 6.75% | 31.79% | 1.91% | 11.05% | -2.54% | 11.58% | -1.74% | 20.15% | -11.96% | 14.63% |
PZRIX PIMCO RAE Global ex-US Fund | 9.93% | 34.05% | 3.29% | 19.31% | -9.11% | 12.08% | 1.74% | 15.94% | -14.93% | 26.00% |
Returns By Period
In the year-to-date period, IVFIX achieves a 6.75% return, which is significantly lower than PZRIX's 9.93% return. Over the past 10 years, IVFIX has underperformed PZRIX with an annualized return of 7.22%, while PZRIX has yielded a comparatively higher 10.15% annualized return.
IVFIX
- 1D
- 1.46%
- 1M
- -4.48%
- YTD
- 6.75%
- 6M
- 11.60%
- 1Y
- 24.65%
- 3Y*
- 14.44%
- 5Y*
- 10.48%
- 10Y*
- 7.22%
PZRIX
- 1D
- 1.89%
- 1M
- -4.32%
- YTD
- 9.93%
- 6M
- 17.91%
- 1Y
- 37.11%
- 3Y*
- 19.65%
- 5Y*
- 10.81%
- 10Y*
- 10.15%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IVFIX vs. PZRIX - Expense Ratio Comparison
IVFIX has a 0.86% expense ratio, which is higher than PZRIX's 0.00% expense ratio.
Return for Risk
IVFIX vs. PZRIX — Risk / Return Rank
IVFIX
PZRIX
IVFIX vs. PZRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Strategic Value Dividend Fund (IVFIX) and PIMCO RAE Global ex-US Fund (PZRIX). 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.
| IVFIX | PZRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.12 | 2.67 | -0.55 |
Sortino ratioReturn per unit of downside risk | 2.75 | 3.39 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.52 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 4.40 | 3.09 | +1.31 |
Martin ratioReturn relative to average drawdown | 18.54 | 14.29 | +4.25 |
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
| IVFIX | PZRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.67 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 0.69 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.60 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.59 | -0.38 |
Correlation
The correlation between IVFIX and PZRIX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IVFIX vs. PZRIX - Dividend Comparison
IVFIX's dividend yield for the trailing twelve months is around 3.09%, less than PZRIX's 5.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.09% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
PZRIX PIMCO RAE Global ex-US Fund | 5.96% | 6.56% | 6.70% | 9.19% | 8.80% | 11.99% | 2.04% | 6.32% | 2.80% | 4.13% | 2.58% | 0.00% |
Drawdowns
IVFIX vs. PZRIX - Drawdown Comparison
The maximum IVFIX drawdown since its inception was -51.49%, which is greater than PZRIX's maximum drawdown of -43.53%. Use the drawdown chart below to compare losses from any high point for IVFIX and PZRIX.
Loading graphics...
Drawdown Indicators
| IVFIX | PZRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.49% | -43.53% | -7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -10.68% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -21.29% | -30.85% | +9.56% |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | -43.53% | +10.07% |
Current DrawdownCurrent decline from peak | -5.22% | -5.20% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -11.69% | -9.00% | -2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.45% | -0.44% |
Volatility
IVFIX vs. PZRIX - Volatility Comparison
The current volatility for Federated Hermes International Strategic Value Dividend Fund (IVFIX) is 4.59%, while PIMCO RAE Global ex-US Fund (PZRIX) has a volatility of 5.45%. This indicates that IVFIX experiences smaller price fluctuations and is considered to be less risky than PZRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IVFIX | PZRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 5.45% | -0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 8.92% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.67% | 14.17% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.97% | 15.85% | -2.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.74% | 17.02% | -2.28% |