KLCIX vs. QILGX

Last updated Jun 24, 2026

KLCIX (Federated Hermes Kaufmann Large Cap Fund) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both Large Cap Growth Equities funds from Federated. Over the past 10 years, KLCIX returned 20.62%/yr vs 20.19%/yr for QILGX. Their correlation of 0.92 suggests significant overlap in exposure. KLCIX charges 0.84%/yr vs 0.75%/yr for QILGX.

Performance

KLCIX vs. QILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Kaufmann Large Cap Fund (KLCIX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KLCIX achieves a 14.69% return, which is significantly higher than QILGX's 4.35% return. Both investments have delivered pretty close results over the past 10 years, with KLCIX having a 20.62% annualized return and QILGX not far behind at 20.19%.

KLCIX

• 1D: -0.77%
• 1M: 4.65%
• YTD: 14.69%
• 6M: 15.03%
• 1Y: 30.08%
• 3Y*: 44.49%
• 5Y*: 20.67%
• 10Y*: 20.62%

QILGX

• 1D: -0.82%
• 1M: -1.24%
• YTD: 4.35%
• 6M: 4.18%
• 1Y: 19.88%
• 3Y*: 25.72%
• 5Y*: 16.65%
• 10Y*: 20.19%

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

KLCIX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KLCIX Federated Hermes Kaufmann Large Cap Fund	14.69%	18.71%	90.57%	33.02%	-30.06%	13.95%	28.58%	38.16%	0.16%	23.57%
QILGX Federated Hermes MDT Large Cap Growth Fund	4.35%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between KLCIX and QILGX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Dec 6, 2007	0.92

The correlation between KLCIX and QILGX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

KLCIX vs. QILGX — Risk / Return Rank

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

KLCIX

KLCIX Risk / Return Rank: 42
KLCIX Sharpe Ratio Rank: 47
KLCIX Sortino Ratio Rank: 44
KLCIX Omega Ratio Rank: 52
KLCIX Calmar Ratio Rank: 34
KLCIX Martin Ratio Rank: 34

QILGX

QILGX Risk / Return Rank: 21
QILGX Sharpe Ratio Rank: 22
QILGX Sortino Ratio Rank: 21
QILGX Omega Ratio Rank: 28
QILGX Calmar Ratio Rank: 17
QILGX Martin Ratio Rank: 18

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.

KLCIX vs. QILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Kaufmann Large Cap Fund (KLCIX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). 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.

	KLCIX	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.26	+0.59
Sortino ratio: Return per unit of downside risk	2.59	1.80	+0.79
Omega ratio: Gain probability vs. loss probability	1.36	1.25	+0.11
Calmar ratio: Return relative to maximum drawdown	2.07	1.37	+0.70
Martin ratio: Return relative to average drawdown	7.13	4.30	+2.83

KLCIX vs. QILGX - Sharpe Ratio Comparison

The current KLCIX Sharpe Ratio is 1.85, which is higher than the QILGX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of KLCIX and QILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KLCIX vs. QILGX - Drawdown Comparison

The maximum KLCIX drawdown since its inception was -51.80%, roughly equal to the maximum QILGX drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for KLCIX and QILGX.

Drawdown Indicators

	KLCIX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-51.80%	-53.48%	+1.68%
Max Drawdown (1Y) Largest decline over 1 year	-15.36%	-15.55%	+0.19%
Max Drawdown (3Y) Largest decline over 3 years	-41.04%	-24.71%	-16.33%
Max Drawdown (5Y) Largest decline over 5 years	-41.04%	-30.05%	-10.99%
Max Drawdown (10Y) Largest decline over 10 years	-41.04%	-31.68%	-9.36%
Current Drawdown Current decline from peak	-2.63%	-4.91%	+2.28%
Average Drawdown Average peak-to-trough decline	-9.27%	-8.94%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	4.95%	-0.50%

Volatility

KLCIX vs. QILGX - Volatility Comparison

Federated Hermes Kaufmann Large Cap Fund (KLCIX) has a higher volatility of 8.02% compared to Federated Hermes MDT Large Cap Growth Fund (QILGX) at 6.24%. This indicates that KLCIX's price experiences larger fluctuations and is considered to be riskier than QILGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLCIX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	6.24%	+1.78%
Volatility (6M) Calculated over the trailing 6-month period	14.17%	13.16%	+1.01%
Volatility (1Y) Calculated over the trailing 1-year period	17.18%	16.96%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.39%	21.17%	+31.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.76%	21.32%	+18.44%

KLCIX vs. QILGX - Expense Ratio Comparison

KLCIX has a 0.84% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

KLCIX vs. QILGX - Dividend Comparison

KLCIX's dividend yield for the trailing twelve months is around 25.81%, more than QILGX's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KLCIX Federated Hermes Kaufmann Large Cap Fund	25.81%	29.60%	72.67%	29.59%	26.95%	14.50%	3.48%	4.34%	11.36%	1.41%	0.00%	0.01%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.96%	3.09%	6.60%	1.47%	13.57%	19.44%	7.47%	5.07%	10.33%	7.40%	0.55%	11.76%

Frequently Asked Questions

Can I hold both KLCIX and QILGX in my portfolio?

With a correlation of 0.91, KLCIX and QILGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, KLCIX or QILGX?

KLCIX has higher volatility (8.02%) compared to QILGX (6.24%). In terms of maximum drawdown, KLCIX dropped -51.80% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

KLCIX currently has the higher Sharpe Ratio (1.85 vs 1.26), 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.