MCFIX vs. FTRFX
Compare and contrast key facts about Mercer Core Fixed Income Fund (MCFIX) and Federated Hermes Total Return Bond Fund (FTRFX).
MCFIX is managed by Mercer Funds. It was launched on Aug 15, 2005. FTRFX is managed by Federated. It was launched on Oct 1, 1996.
Performance
MCFIX vs. FTRFX - Performance Comparison
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MCFIX vs. FTRFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MCFIX Mercer Core Fixed Income Fund | -0.88% | 6.64% | 2.02% | 6.47% | -13.69% | -1.05% | 4.75% | 3.31% |
FTRFX Federated Hermes Total Return Bond Fund | -1.00% | 7.28% | 1.02% | 4.23% | -13.31% | -0.47% | 9.19% | 5.93% |
Returns By Period
In the year-to-date period, MCFIX achieves a -0.88% return, which is significantly higher than FTRFX's -1.00% return.
MCFIX
- 1D
- 0.23%
- 1M
- -1.88%
- YTD
- -0.88%
- 6M
- -0.58%
- 1Y
- 2.54%
- 3Y*
- 3.62%
- 5Y*
- 0.17%
- 10Y*
- —
FTRFX
- 1D
- 0.11%
- 1M
- -1.87%
- YTD
- -1.00%
- 6M
- 0.37%
- 1Y
- 3.53%
- 3Y*
- 2.86%
- 5Y*
- -0.23%
- 10Y*
- 1.92%
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MCFIX vs. FTRFX - Expense Ratio Comparison
MCFIX has a 0.16% expense ratio, which is lower than FTRFX's 0.69% expense ratio.
Return for Risk
MCFIX vs. FTRFX — Risk / Return Rank
MCFIX
FTRFX
MCFIX vs. FTRFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercer Core Fixed Income Fund (MCFIX) and Federated Hermes Total Return Bond Fund (FTRFX). 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.
| MCFIX | FTRFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 0.80 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.01 | 1.18 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.73 | 1.66 | +0.07 |
Martin ratioReturn relative to average drawdown | 5.00 | 4.86 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MCFIX | FTRFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 0.80 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | -0.04 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 1.01 | -0.86 |
Correlation
The correlation between MCFIX and FTRFX is 0.83, 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
MCFIX vs. FTRFX - Dividend Comparison
MCFIX's dividend yield for the trailing twelve months is around 4.30%, more than FTRFX's 3.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCFIX Mercer Core Fixed Income Fund | 4.30% | 3.89% | 4.54% | 3.68% | 3.31% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTRFX Federated Hermes Total Return Bond Fund | 3.92% | 4.22% | 3.48% | 2.95% | 2.25% | 3.17% | 4.36% | 3.08% | 3.19% | 2.91% | 3.33% | 3.23% |
Drawdowns
MCFIX vs. FTRFX - Drawdown Comparison
The maximum MCFIX drawdown since its inception was -21.68%, which is greater than FTRFX's maximum drawdown of -17.95%. Use the drawdown chart below to compare losses from any high point for MCFIX and FTRFX.
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Drawdown Indicators
| MCFIX | FTRFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.68% | -17.95% | -3.73% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -2.80% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -18.72% | -17.95% | -0.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.95% | — |
Current DrawdownCurrent decline from peak | -5.87% | -3.98% | -1.89% |
Average DrawdownAverage peak-to-trough decline | -8.61% | -2.24% | -6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 0.96% | +0.11% |
Volatility
MCFIX vs. FTRFX - Volatility Comparison
Mercer Core Fixed Income Fund (MCFIX) has a higher volatility of 1.54% compared to Federated Hermes Total Return Bond Fund (FTRFX) at 1.35%. This indicates that MCFIX's price experiences larger fluctuations and is considered to be riskier than FTRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCFIX | FTRFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.35% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.68% | 2.55% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 4.55% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.01% | 5.83% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.16% | 4.76% | +1.40% |