IVFIX vs. QAMNX
Compare and contrast key facts about Federated Hermes International Strategic Value Dividend Fund (IVFIX) and Federated Hermes MDT Market Neutral A (QAMNX).
IVFIX is managed by Federated. It was launched on Jun 3, 2008. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
IVFIX vs. QAMNX - Performance Comparison
Loading graphics...
IVFIX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 5.22% | 31.79% | 1.91% | 11.05% | -2.54% | 1.85% |
QAMNX Federated Hermes MDT Market Neutral A | 1.41% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, IVFIX achieves a 5.22% return, which is significantly higher than QAMNX's 1.41% return.
IVFIX
- 1D
- 0.21%
- 1M
- -6.40%
- YTD
- 5.22%
- 6M
- 10.50%
- 1Y
- 23.17%
- 3Y*
- 13.89%
- 5Y*
- 10.28%
- 10Y*
- 7.06%
QAMNX
- 1D
- 0.33%
- 1M
- -0.28%
- YTD
- 1.41%
- 6M
- 5.59%
- 1Y
- 7.87%
- 3Y*
- 10.38%
- 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.
IVFIX vs. QAMNX - Expense Ratio Comparison
IVFIX has a 0.86% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
IVFIX vs. QAMNX — Risk / Return Rank
IVFIX
QAMNX
IVFIX vs. QAMNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Strategic Value Dividend Fund (IVFIX) 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.
| IVFIX | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.98 | 1.30 | +0.68 |
Sortino ratioReturn per unit of downside risk | 2.58 | 2.00 | +0.58 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.28 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 4.08 | 1.81 | +2.27 |
Martin ratioReturn relative to average drawdown | 17.43 | 5.23 | +12.20 |
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 | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.30 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.87 | -0.66 |
Correlation
The correlation between IVFIX and QAMNX is 0.04, 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
IVFIX vs. QAMNX - Dividend Comparison
IVFIX's dividend yield for the trailing twelve months is around 3.14%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVFIX Federated Hermes International Strategic Value Dividend Fund | 3.14% | 3.37% | 4.44% | 4.01% | 3.99% | 3.67% | 3.62% | 3.98% | 4.97% | 4.17% | 3.38% | 3.95% |
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
IVFIX vs. QAMNX - Drawdown Comparison
The maximum IVFIX drawdown since its inception was -51.49%, which is greater than QAMNX's maximum drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for IVFIX and QAMNX.
Loading graphics...
Drawdown Indicators
| IVFIX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.49% | -17.97% | -33.52% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -4.16% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -21.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | — | — |
Current DrawdownCurrent decline from peak | -6.58% | -0.37% | -6.21% |
Average DrawdownAverage peak-to-trough decline | -11.69% | -5.26% | -6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.44% | +0.54% |
Volatility
IVFIX vs. QAMNX - Volatility Comparison
Federated Hermes International Strategic Value Dividend Fund (IVFIX) has a higher volatility of 4.54% compared to Federated Hermes MDT Market Neutral A (QAMNX) at 1.07%. This indicates that IVFIX'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
| IVFIX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 1.07% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.10% | 4.88% | +3.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.63% | 6.39% | +8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.96% | 14.05% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.74% | 14.05% | +0.69% |