NEFHX vs. FHYSX
NEFHX (Loomis Sayles High Income Fund) and FHYSX (Federated Hermes High-Yield Strategy Portfolio) are both High Yield Bonds funds. Over the past 10 years, NEFHX returned 4.14%/yr vs 4.94%/yr for FHYSX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. NEFHX charges 1.01%/yr vs 0.02%/yr for FHYSX.
Performance
NEFHX vs. FHYSX - Performance Comparison
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Returns By Period
In the year-to-date period, NEFHX achieves a 1.10% return, which is significantly higher than FHYSX's 0.96% return. Over the past 10 years, NEFHX has underperformed FHYSX with an annualized return of 4.14%, while FHYSX has yielded a comparatively higher 4.94% annualized return.
NEFHX
- 1D
- 0.00%
- 1M
- -0.57%
- 6M
- 0.32%
- YTD
- 1.10%
- 1Y
- 3.71%
- 3Y*
- 7.38%
- 5Y*
- 2.19%
- 10Y*
- 4.14%
- ALL TIME*
- 3.92%
FHYSX
- 1D
- 0.00%
- 1M
- -0.77%
- 6M
- 0.77%
- YTD
- 0.96%
- 1Y
- 4.60%
- 3Y*
- 7.42%
- 5Y*
- 3.07%
- 10Y*
- 4.94%
- ALL TIME*
- 4.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
NEFHX vs. FHYSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NEFHX Loomis Sayles High Income Fund | 1.10% | 7.59% | 8.77% | 9.53% | -13.67% | 2.87% | 8.18% | 11.95% | -3.47% | 7.50% |
FHYSX Federated Hermes High-Yield Strategy Portfolio | 0.96% | 9.14% | 6.42% | 12.77% | -13.16% | 4.49% | 6.08% | 15.14% | -2.16% | 8.34% |
Correlation
The correlation between NEFHX and FHYSX is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2009 | 0.70 |
Over the past year, the correlation between NEFHX and FHYSX has dropped to 0.41 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.
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Return for Risk
NEFHX vs. FHYSX — Risk / Return Rank
NEFHX
FHYSX
NEFHX vs. FHYSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles High Income Fund (NEFHX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX). 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.
| NEFHX | FHYSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 2.12 | -0.36 |
| Martin ratioReturn relative to average drawdown | 6.86 | 10.39 | -3.53 |
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Drawdowns
NEFHX vs. FHYSX - Drawdown Comparison
The maximum NEFHX drawdown since its inception was -43.09%, which is greater than FHYSX's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for NEFHX and FHYSX.
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Drawdown Indicators
| NEFHX | FHYSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.09% | -21.45% | -21.64% |
Max Drawdown (1Y)Largest decline over 1 year | -2.47% | -2.44% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -4.63% | -3.64% | -0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -18.10% | -16.93% | -1.17% |
Max Drawdown (10Y)Largest decline over 10 years | -21.84% | -21.45% | -0.39% |
Current DrawdownCurrent decline from peak | -0.57% | -0.93% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -2.56% | -5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.50% | +0.09% |
Volatility
NEFHX vs. FHYSX - Volatility Comparison
Loomis Sayles High Income Fund (NEFHX) has a higher volatility of 0.74% compared to Federated Hermes High-Yield Strategy Portfolio (FHYSX) at 0.53%. This indicates that NEFHX's price experiences larger fluctuations and is considered to be riskier than FHYSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEFHX | FHYSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.53% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.63% | 2.67% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.57% | 3.40% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.82% | 5.24% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.09% | 5.72% | +0.37% |
NEFHX vs. FHYSX - Expense Ratio Comparison
NEFHX has a 1.01% expense ratio, which is higher than FHYSX's 0.02% expense ratio.
Dividends
NEFHX vs. FHYSX - Dividend Comparison
NEFHX's dividend yield for the trailing twelve months is around 5.10%, less than FHYSX's 5.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYSX Federated Hermes High-Yield Strategy Portfolio | 5.84% | 6.28% | 5.84% | 5.30% | 5.27% | 4.54% | 5.74% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% |
NEFHX Loomis Sayles High Income Fund | 5.10% | 4.79% | 6.92% | 7.56% | 5.97% | 4.27% | 5.14% | 4.93% | 4.91% | 4.42% | 3.32% | 5.93% |
Frequently Asked Questions
NEFHX and FHYSX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEFHX has higher volatility (0.74%) compared to FHYSX (0.53%). In terms of maximum drawdown, NEFHX dropped -43.09% vs FHYSX's -21.45%.
FHYSX currently has the higher Sharpe Ratio (1.52 vs 1.21), 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.
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