KAUFX vs. SWAGX

Last updated Apr 1, 2026

Compare and contrast key facts about Federated Hermes Kaufmann Fd (KAUFX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX).

KAUFX is managed by Federated. It was launched on Feb 21, 1986. SWAGX is managed by Charles Schwab.

Performance

KAUFX vs. SWAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Kaufmann Fd (KAUFX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). The values are adjusted to include any dividend payments, if applicable.

KAUFX vs. SWAGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KAUFX Federated Hermes Kaufmann Fd	-12.10%	12.18%	29.84%	14.88%	-30.30%	2.46%	28.54%	32.56%	4.03%	19.40%
SWAGX Schwab U.S. Aggregate Bond Index Fund	-0.44%	7.11%	1.38%	5.46%	-13.62%	-2.29%	7.39%	8.64%	-0.11%	2.62%

Returns By Period

In the year-to-date period, KAUFX achieves a -12.10% return, which is significantly lower than SWAGX's -0.44% return.

KAUFX

• 1D: -1.00%
• 1M: -12.26%
• YTD: -12.10%
• 6M: -12.45%
• 1Y: 8.18%
• 3Y*: 13.08%
• 5Y*: 1.76%
• 10Y*: 10.30%

SWAGX

• 1D: 0.56%
• 1M: -2.30%
• YTD: -0.44%
• 6M: 0.48%
• 1Y: 3.81%
• 3Y*: 3.39%
• 5Y*: 0.01%
• 10Y*: —

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

KAUFX vs. SWAGX - Expense Ratio Comparison

KAUFX has a 1.96% expense ratio, which is higher than SWAGX's 0.04% expense ratio.

KAUFX

Federated Hermes Kaufmann Fd

SWAGX

Schwab U.S. Aggregate Bond Index Fund

Return for Risk

KAUFX vs. SWAGX — Risk / Return Rank

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

KAUFX

KAUFX Risk / Return Rank: 13
KAUFX Sharpe Ratio Rank: 12
KAUFX Sortino Ratio Rank: 13
KAUFX Omega Ratio Rank: 13
KAUFX Calmar Ratio Rank: 13
KAUFX Martin Ratio Rank: 14

SWAGX

SWAGX Risk / Return Rank: 55
SWAGX Sharpe Ratio Rank: 54
SWAGX Sortino Ratio Rank: 53
SWAGX Omega Ratio Rank: 39
SWAGX Calmar Ratio Rank: 76
SWAGX Martin Ratio Rank: 51

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.

KAUFX vs. SWAGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Kaufmann Fd (KAUFX) and Schwab U.S. Aggregate Bond Index Fund (SWAGX). 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.

	KAUFX	SWAGX	Difference
Sharpe ratio Return per unit of total volatility	0.29	0.98	-0.69
Sortino ratio Return per unit of downside risk	0.54	1.42	-0.87
Omega ratio Gain probability vs. loss probability	1.08	1.17	-0.10
Calmar ratio Return relative to maximum drawdown	0.33	1.75	-1.42
Martin ratio Return relative to average drawdown	1.33	4.95	-3.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KAUFX vs. SWAGX - Sharpe Ratio Comparison

The current KAUFX Sharpe Ratio is 0.29, which is lower than the SWAGX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of KAUFX and SWAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KAUFX	SWAGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	0.98	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.00	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.30	+0.25

Correlation

The correlation between KAUFX and SWAGX is 0.06, 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

KAUFX vs. SWAGX - Dividend Comparison

KAUFX's dividend yield for the trailing twelve months is around 12.24%, more than SWAGX's 3.76% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KAUFX Federated Hermes Kaufmann Fd	12.24%	10.76%	22.39%	1.89%	0.00%	9.77%	6.94%	11.75%	15.74%	11.76%	10.48%	16.34%
SWAGX Schwab U.S. Aggregate Bond Index Fund	3.76%	4.02%	3.88%	3.22%	1.93%	1.56%	2.47%	2.87%	2.80%	1.98%	0.00%	0.00%

Drawdowns

KAUFX vs. SWAGX - Drawdown Comparison

The maximum KAUFX drawdown since its inception was -54.66%, which is greater than SWAGX's maximum drawdown of -19.68%. Use the drawdown chart below to compare losses from any high point for KAUFX and SWAGX.

Drawdown Indicators

	KAUFX	SWAGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.66%	-19.68%	-34.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.83%	-2.84%	-11.99%
Max Drawdown (5Y) Largest decline over 5 years	-40.76%	-18.76%	-22.00%
Max Drawdown (10Y) Largest decline over 10 years	-40.76%	—	—
Current Drawdown Current decline from peak	-14.83%	-4.18%	-10.65%
Average Drawdown Average peak-to-trough decline	-11.23%	-5.72%	-5.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.65%	1.00%	+2.65%

Volatility

KAUFX vs. SWAGX - Volatility Comparison

Federated Hermes Kaufmann Fd (KAUFX) has a higher volatility of 6.03% compared to Schwab U.S. Aggregate Bond Index Fund (SWAGX) at 1.66%. This indicates that KAUFX's price experiences larger fluctuations and is considered to be riskier than SWAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KAUFX	SWAGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	1.66%	+4.37%
Volatility (6M) Calculated over the trailing 6-month period	12.83%	2.70%	+10.13%
Volatility (1Y) Calculated over the trailing 1-year period	19.11%	4.48%	+14.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.85%	6.06%	+14.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	5.13%	+15.60%