LEIFX vs. BRLVX

Last updated Jun 4, 2026

LEIFX (Federated Hermes Equity Income Fund) and BRLVX (American Beacon Bridgeway Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, LEIFX returned 7.84%/yr vs 11.13%/yr for BRLVX. Their correlation of 0.91 suggests significant overlap in exposure. LEIFX charges 1.11%/yr vs 0.75%/yr for BRLVX.

Performance

LEIFX vs. BRLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Equity Income Fund (LEIFX) and American Beacon Bridgeway Large Cap Value Fund (BRLVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LEIFX achieves a 5.16% return, which is significantly lower than BRLVX's 15.67% return. Over the past 10 years, LEIFX has underperformed BRLVX with an annualized return of 7.84%, while BRLVX has yielded a comparatively higher 11.13% annualized return.

LEIFX

• 1D: 0.48%
• 1M: -0.67%
• YTD: 5.16%
• 6M: 7.44%
• 1Y: 19.01%
• 3Y*: 9.62%
• 5Y*: 4.40%
• 10Y*: 7.84%

BRLVX

• 1D: 1.11%
• 1M: 4.40%
• YTD: 15.67%
• 6M: 18.13%
• 1Y: 39.74%
• 3Y*: 23.06%
• 5Y*: 12.24%
• 10Y*: 11.13%

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

LEIFX vs. BRLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LEIFX Federated Hermes Equity Income Fund	5.16%	15.18%	-0.45%	8.82%	-7.96%	21.12%	6.43%	21.27%	-12.13%	16.06%
BRLVX American Beacon Bridgeway Large Cap Value Fund	15.67%	24.30%	16.48%	11.42%	-7.79%	22.95%	-3.06%	25.13%	-13.40%	15.89%

Correlation

The correlation between LEIFX and BRLVX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Nov 3, 2003	0.91

Over the past year, the correlation between LEIFX and BRLVX has dropped to 0.15 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.

Return for Risk

LEIFX vs. BRLVX — Risk / Return Rank

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

LEIFX

LEIFX Risk / Return Rank: 53
LEIFX Sharpe Ratio Rank: 48
LEIFX Sortino Ratio Rank: 51
LEIFX Omega Ratio Rank: 50
LEIFX Calmar Ratio Rank: 68
LEIFX Martin Ratio Rank: 49

BRLVX

BRLVX Risk / Return Rank: 91
BRLVX Sharpe Ratio Rank: 93
BRLVX Sortino Ratio Rank: 91
BRLVX Omega Ratio Rank: 83
BRLVX Calmar Ratio Rank: 94
BRLVX Martin Ratio Rank: 96

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.

LEIFX vs. BRLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Equity Income Fund (LEIFX) and American Beacon Bridgeway Large Cap Value Fund (BRLVX). 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.

	LEIFX	BRLVX	Difference
Sharpe ratio: Return per unit of total volatility	2.04	3.17	-1.13
Sortino ratio: Return per unit of downside risk	3.01	4.47	-1.46
Omega ratio: Gain probability vs. loss probability	1.39	1.56	-0.17
Calmar ratio: Return relative to maximum drawdown	3.18	5.46	-2.28
Martin ratio: Return relative to average drawdown	10.02	23.53	-13.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEIFX vs. BRLVX - Sharpe Ratio Comparison

The current LEIFX Sharpe Ratio is 2.04, which is lower than the BRLVX Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of LEIFX and BRLVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LEIFX	BRLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	3.17	-1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.65	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.56	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.51	-0.06

Drawdowns

LEIFX vs. BRLVX - Drawdown Comparison

The maximum LEIFX drawdown since its inception was -49.19%, smaller than the maximum BRLVX drawdown of -55.94%. Use the drawdown chart below to compare losses from any high point for LEIFX and BRLVX.

Drawdown Indicators

	LEIFX	BRLVX	Difference
Max Drawdown Largest peak-to-trough decline	-49.19%	-55.94%	+6.75%
Max Drawdown (1Y) Largest decline over 1 year	-6.01%	-7.49%	+1.48%
Max Drawdown (3Y) Largest decline over 3 years	-25.60%	-23.02%	-2.58%
Max Drawdown (5Y) Largest decline over 5 years	-25.60%	-23.02%	-2.58%
Max Drawdown (10Y) Largest decline over 10 years	-36.86%	-42.13%	+5.27%
Current Drawdown Current decline from peak	-3.65%	-0.24%	-3.41%
Average Drawdown Average peak-to-trough decline	-10.04%	-8.08%	-1.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	1.73%	+0.17%

Volatility

LEIFX vs. BRLVX - Volatility Comparison

The current volatility for Federated Hermes Equity Income Fund (LEIFX) is 2.82%, while American Beacon Bridgeway Large Cap Value Fund (BRLVX) has a volatility of 3.95%. This indicates that LEIFX experiences smaller price fluctuations and is considered to be less risky than BRLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEIFX	BRLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	3.95%	-1.13%
Volatility (6M) Calculated over the trailing 6-month period	7.07%	10.17%	-3.10%
Volatility (1Y) Calculated over the trailing 1-year period	9.38%	12.92%	-3.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	18.98%	-3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.39%	20.07%	-2.68%

LEIFX vs. BRLVX - Expense Ratio Comparison

LEIFX has a 1.11% expense ratio, which is higher than BRLVX's 0.75% expense ratio.

Dividends

LEIFX vs. BRLVX - Dividend Comparison

LEIFX's dividend yield for the trailing twelve months is around 24.27%, more than BRLVX's 10.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRLVX American Beacon Bridgeway Large Cap Value Fund	10.92%	12.63%	18.01%	12.03%	4.88%	9.69%	10.64%	4.23%	9.41%	5.80%	1.42%	3.71%
LEIFX Federated Hermes Equity Income Fund	24.27%	24.92%	0.82%	1.08%	7.54%	16.37%	1.17%	2.01%	19.47%	5.34%	3.98%	3.15%

Frequently Asked Questions

Can I hold both LEIFX and BRLVX in my portfolio?

LEIFX and BRLVX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LEIFX or BRLVX?

BRLVX has higher volatility (3.95%) compared to LEIFX (2.82%). In terms of maximum drawdown, LEIFX dropped -49.19% vs BRLVX's -55.94%.

Which has better risk-adjusted returns?

BRLVX currently has the higher Sharpe Ratio (3.17 vs 2.04), 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.