OASDX vs. QAMNX

Last updated Jun 5, 2026

OASDX (Oakhurst Strategic Defined Risk Fund) and QAMNX (Federated Hermes MDT Market Neutral A) are both Long-Short funds. At a 0.05 correlation, their price movements are largely independent. OASDX charges 1.89%/yr vs 1.86%/yr for QAMNX.

Performance

OASDX vs. QAMNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oakhurst Strategic Defined Risk Fund (OASDX) and Federated Hermes MDT Market Neutral A (QAMNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OASDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QAMNX

• 1D: 0.19%
• 1M: 0.76%
• YTD: 0.05%
• 6M: 2.49%
• 1Y: 3.27%
• 3Y*: 11.66%
• 5Y*: —
• 10Y*: —

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

OASDX vs. QAMNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OASDX Oakhurst Strategic Defined Risk Fund	3.40%	10.94%	18.06%	17.20%	-13.49%	5.29%
QAMNX Federated Hermes MDT Market Neutral A	0.05%	10.00%	17.33%	4.71%	9.19%	12.29%

Correlation

The correlation between OASDX and QAMNX is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021	0.05

Return for Risk

OASDX vs. QAMNX — Risk / Return Rank

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

QAMNX

QAMNX Risk / Return Rank: 7
QAMNX Sharpe Ratio Rank: 6
QAMNX Sortino Ratio Rank: 6
QAMNX Omega Ratio Rank: 7
QAMNX Calmar Ratio Rank: 9
QAMNX Martin Ratio Rank: 7

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.

OASDX vs. QAMNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oakhurst Strategic Defined Risk Fund (OASDX) and Federated Hermes MDT Market Neutral A (QAMNX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OASDX	QAMNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.82	—

Drawdowns

Drawdown Indicators

	OASDX	QAMNX	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.16%	—
Current Drawdown Current decline from peak	—	-1.98%	—
Average Drawdown Average peak-to-trough decline	—	-5.15%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.81%	—

Volatility

Volatility by Period

	OASDX	QAMNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	6.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.86%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.86%	—

OASDX vs. QAMNX - Expense Ratio Comparison

OASDX has a 1.89% expense ratio, which is higher than QAMNX's 1.86% expense ratio.

Dividends

OASDX vs. QAMNX - Dividend Comparison

OASDX's dividend yield for the trailing twelve months is around 24.94%, more than QAMNX's 1.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OASDX Oakhurst Strategic Defined Risk Fund	24.94%	8.80%	12.01%	3.28%	5.59%	5.20%	0.00%	2.35%	1.74%	0.92%
QAMNX Federated Hermes MDT Market Neutral A	1.53%	1.53%	1.85%	5.89%	11.74%	20.80%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASDX and QAMNX in my portfolio?

OASDX and QAMNX have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.