QALGX vs. QILGX

Last updated Aug 4, 2026

QALGX (Federated Hermes MDT Large Cap Growth Fund Class A) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both Large Cap Growth Equities funds from Federated. Over the past 10 years, QALGX returned 18.99%/yr vs 19.25%/yr for QILGX. Their 1.00 correlation means they have historically moved very closely together. QALGX charges 1.00%/yr vs 0.75%/yr for QILGX.

Performance

QALGX vs. QILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with QALGX having a 2.67% return and QILGX slightly higher at 2.79%. Both investments have delivered pretty close results over the past 10 years, with QALGX having a 18.99% annualized return and QILGX not far ahead at 19.25%.

QALGX

• 1D: 0.25%
• 1M: -1.52%
• 6M: 4.90%
• YTD: 2.67%
• 1Y: 10.24%
• 3Y*: 22.79%
• 5Y*: 14.79%
• 10Y*: 18.99%
• ALL TIME*: 11.92%

QILGX

• 1D: 0.23%
• 1M: -1.50%
• 6M: 5.02%
• YTD: 2.79%
• 1Y: 10.50%
• 3Y*: 22.96%
• 5Y*: 15.00%
• 10Y*: 19.25%
• ALL TIME*: 12.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QALGX Federated Hermes MDT Large Cap Growth Fund Class A	$0.00	$0.00	$0.00
QILGX Federated Hermes MDT Large Cap Growth Fund	$0.00	$0.00	$0.00

QALGX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QALGX Federated Hermes MDT Large Cap Growth Fund Class A	2.67%	19.14%	40.93%	39.32%	-25.07%	30.14%	38.00%	31.73%	1.24%	25.16%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.79%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between QALGX and QILGX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	1.00
Correlation (3Y) Balances recent behavior with more history.	1.00
Correlation (5Y) Shows whether the relationship held over a longer period.	1.00
Correlation (10Y) Provides a long-term view across more market conditions.	1.00
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	1.00

The correlation between QALGX and QILGX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

QALGX vs. QILGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QALGX

QALGX Risk / Return Rank: 13
QALGX Sharpe Ratio Rank: 13
QALGX Sortino Ratio Rank: 13
QALGX Omega Ratio Rank: 14
QALGX Calmar Ratio Rank: 12
QALGX Martin Ratio Rank: 12

QILGX

QILGX Risk / Return Rank: 13
QILGX Sharpe Ratio Rank: 13
QILGX Sortino Ratio Rank: 13
QILGX Omega Ratio Rank: 15
QILGX Calmar Ratio Rank: 12
QILGX Martin Ratio Rank: 13

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QALGX vs. QILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). 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.

	QALGX	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	0.55	0.57	-0.02
Sortino ratio: Return per unit of downside risk	0.89	0.92	-0.02
Omega ratio: Gain probability vs. loss probability	1.12	1.12	0.00
Calmar ratio: Return relative to maximum drawdown	0.63	0.66	-0.03
Martin ratio: Return relative to average drawdown	1.81	1.92	-0.10

QALGX vs. QILGX - Sharpe Ratio Comparison

The current QALGX Sharpe Ratio is 0.55, which is comparable to the QILGX Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of QALGX and QILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QALGX vs. QILGX - Drawdown Comparison

The maximum QALGX drawdown since its inception was -53.63%, roughly equal to the maximum QILGX drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for QALGX and QILGX.

Drawdown Indicators

	QALGX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-53.63%	-53.48%	-0.15%
Max Drawdown (1Y) Largest decline over 1 year	-15.86%	-15.55%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-25.02%	-24.71%	-0.31%
Max Drawdown (5Y) Largest decline over 5 years	-30.12%	-30.05%	-0.07%
Max Drawdown (10Y) Largest decline over 10 years	-31.73%	-31.68%	-0.05%
Current Drawdown Current decline from peak	-6.36%	-6.34%	-0.02%
Average Drawdown Average peak-to-trough decline	-9.13%	-8.93%	-0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.46%	5.30%	+0.16%

Volatility

QALGX vs. QILGX - Volatility Comparison

Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX) have volatilities of 6.00% and 6.02%, 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.

Volatility by Period

	QALGX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.00%	6.02%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	14.12%	14.12%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	18.07%	17.94%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.42%	21.33%	+0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	21.33%	+0.09%

QALGX vs. QILGX - Expense Ratio Comparison

QALGX has a 1.00% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

QALGX vs. QILGX - Dividend Comparison

QALGX's dividend yield for the trailing twelve months is around 3.33%, more than QILGX's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QALGX Federated Hermes MDT Large Cap Growth Fund Class A	3.33%	3.42%	7.26%	1.59%	14.79%	20.92%	7.92%	5.33%	10.82%	7.70%	0.57%	12.13%
QILGX Federated Hermes MDT Large Cap Growth Fund	3.01%	3.09%	6.60%	1.47%	13.57%	19.44%	7.47%	5.07%	10.33%	7.40%	0.55%	11.76%

Frequently Asked Questions

Can I hold both QALGX and QILGX in my portfolio?

With a correlation of 1.00, QALGX and QILGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QALGX or QILGX?

QILGX has higher volatility (6.02%) compared to QALGX (6.00%). In terms of maximum drawdown, QALGX dropped -53.63% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

QILGX currently has the higher Sharpe Ratio (0.57 vs 0.55), 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.