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NPHIX vs. FHYSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NPHIX vs. FHYSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century High Income Fund (NPHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX). The values are adjusted to include any dividend payments, if applicable.

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NPHIX vs. FHYSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NPHIX
American Century High Income Fund
-1.52%8.86%6.92%12.05%-12.59%6.12%8.03%12.70%-1.98%7.02%
FHYSX
Federated Hermes High-Yield Strategy Portfolio
-1.76%9.14%6.42%12.77%-13.16%4.49%6.08%15.14%-2.16%8.34%

Returns By Period

In the year-to-date period, NPHIX achieves a -1.52% return, which is significantly higher than FHYSX's -1.76% return. Both investments have delivered pretty close results over the past 10 years, with NPHIX having a 5.67% annualized return and FHYSX not far behind at 5.39%.


NPHIX

1D
0.23%
1M
-2.28%
YTD
-1.52%
6M
-0.09%
1Y
6.16%
3Y*
7.27%
5Y*
3.26%
10Y*
5.67%

FHYSX

1D
0.17%
1M
-2.27%
YTD
-1.76%
6M
0.01%
1Y
5.88%
3Y*
7.48%
5Y*
3.11%
10Y*
5.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NPHIX vs. FHYSX - Expense Ratio Comparison

NPHIX has a 0.58% expense ratio, which is higher than FHYSX's 0.02% expense ratio.


Return for Risk

NPHIX vs. FHYSX — Risk / Return Rank

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

NPHIX
NPHIX Risk / Return Rank: 8787
Overall Rank
NPHIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
NPHIX Sortino Ratio Rank: 8989
Sortino Ratio Rank
NPHIX Omega Ratio Rank: 8989
Omega Ratio Rank
NPHIX Calmar Ratio Rank: 8383
Calmar Ratio Rank
NPHIX Martin Ratio Rank: 8585
Martin Ratio Rank

FHYSX
FHYSX Risk / Return Rank: 8989
Overall Rank
FHYSX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FHYSX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FHYSX Omega Ratio Rank: 9393
Omega Ratio Rank
FHYSX Calmar Ratio Rank: 8989
Calmar Ratio Rank
FHYSX Martin Ratio Rank: 8989
Martin Ratio Rank
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.

NPHIX vs. FHYSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century High Income Fund (NPHIX) 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.


NPHIXFHYSXDifference

Sharpe ratio

Return per unit of total volatility

1.74

1.67

+0.06

Sortino ratio

Return per unit of downside risk

2.49

2.37

+0.13

Omega ratio

Gain probability vs. loss probability

1.40

1.45

-0.05

Calmar ratio

Return relative to maximum drawdown

2.03

2.36

-0.33

Martin ratio

Return relative to average drawdown

8.74

9.71

-0.98

NPHIX vs. FHYSX - Sharpe Ratio Comparison

The current NPHIX Sharpe Ratio is 1.74, which is comparable to the FHYSX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of NPHIX and FHYSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NPHIXFHYSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.74

1.67

+0.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

0.60

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.01

0.94

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.97

0.85

+0.12

Correlation

The correlation between NPHIX and FHYSX is 0.82, 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

NPHIX vs. FHYSX - Dividend Comparison

NPHIX's dividend yield for the trailing twelve months is around 6.32%, more than FHYSX's 5.82% yield.


TTM20252024202320222021202020192018201720162015
NPHIX
American Century High Income Fund
6.32%6.69%6.07%4.81%4.95%5.77%5.35%5.54%6.24%5.87%5.72%7.44%
FHYSX
Federated Hermes High-Yield Strategy Portfolio
5.82%6.28%5.84%5.30%5.27%4.54%5.74%6.18%6.61%6.98%6.45%8.45%

Drawdowns

NPHIX vs. FHYSX - Drawdown Comparison

The maximum NPHIX drawdown since its inception was -21.67%, roughly equal to the maximum FHYSX drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for NPHIX and FHYSX.


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Drawdown Indicators


NPHIXFHYSXDifference

Max Drawdown

Largest peak-to-trough decline

-21.67%

-21.45%

-0.22%

Max Drawdown (1Y)

Largest decline over 1 year

-3.14%

-2.50%

-0.64%

Max Drawdown (5Y)

Largest decline over 5 years

-16.34%

-16.93%

+0.59%

Max Drawdown (10Y)

Largest decline over 10 years

-21.67%

-21.45%

-0.22%

Current Drawdown

Current decline from peak

-2.30%

-2.27%

-0.03%

Average Drawdown

Average peak-to-trough decline

-2.55%

-2.61%

+0.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.73%

0.61%

+0.12%

Volatility

NPHIX vs. FHYSX - Volatility Comparison

American Century High Income Fund (NPHIX) and Federated Hermes High-Yield Strategy Portfolio (FHYSX) have volatilities of 1.18% and 1.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NPHIXFHYSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.18%

1.24%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

2.26%

2.37%

-0.11%

Volatility (1Y)

Calculated over the trailing 1-year period

3.84%

3.76%

+0.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.24%

5.20%

+0.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.64%

5.76%

-0.12%