QCLGX vs. QILGX

Last updated Jun 4, 2026

QCLGX (Federated Hermes MDT Large Cap Growth Fund Class C) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both Large Cap Growth Equities funds from Federated. Over the past 10 years, QCLGX returned 19.29%/yr vs 20.30%/yr for QILGX. With a 1.00 correlation, they move nearly in lockstep. QCLGX charges 1.79%/yr vs 0.75%/yr for QILGX.

Performance

QCLGX 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 C (QCLGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QCLGX achieves a 8.93% return, which is significantly lower than QILGX's 9.41% return. Over the past 10 years, QCLGX has underperformed QILGX with an annualized return of 19.29%, while QILGX has yielded a comparatively higher 20.30% annualized return.

QCLGX

• 1D: -0.33%
• 1M: 6.87%
• YTD: 8.93%
• 6M: 10.45%
• 1Y: 26.66%
• 3Y*: 27.97%
• 5Y*: 18.18%
• 10Y*: 19.29%

QILGX

• 1D: -0.30%
• 1M: 6.98%
• YTD: 9.41%
• 6M: 11.03%
• 1Y: 27.95%
• 3Y*: 28.56%
• 5Y*: 18.99%
• 10Y*: 20.30%

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

QCLGX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QCLGX Federated Hermes MDT Large Cap Growth Fund Class C	8.93%	18.29%	41.71%	38.26%	-25.69%	29.19%	37.06%	30.69%	0.46%	24.22%
QILGX Federated Hermes MDT Large Cap Growth Fund	9.41%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between QCLGX and QILGX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	1.00

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

Return for Risk

QCLGX vs. QILGX — Risk / Return Rank

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

QCLGX

QCLGX Risk / Return Rank: 26
QCLGX Sharpe Ratio Rank: 29
QCLGX Sortino Ratio Rank: 27
QCLGX Omega Ratio Rank: 39
QCLGX Calmar Ratio Rank: 19
QCLGX Martin Ratio Rank: 17

QILGX

QILGX Risk / Return Rank: 32
QILGX Sharpe Ratio Rank: 37
QILGX Sortino Ratio Rank: 34
QILGX Omega Ratio Rank: 44
QILGX Calmar Ratio Rank: 23
QILGX Martin Ratio Rank: 23

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.

QCLGX 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 C (QCLGX) 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.

	QCLGX	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.75	-0.19
Sortino ratio: Return per unit of downside risk	2.15	2.44	-0.30
Omega ratio: Gain probability vs. loss probability	1.34	1.36	-0.02
Calmar ratio: Return relative to maximum drawdown	1.56	1.80	-0.23
Martin ratio: Return relative to average drawdown	4.66	5.79	-1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QCLGX vs. QILGX - Sharpe Ratio Comparison

The current QCLGX Sharpe Ratio is 1.55, which is comparable to the QILGX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of QCLGX 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.

Sharpe Ratios by Period

	QCLGX	QILGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	1.75	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.91	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	0.96	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.61	-0.06

Drawdowns

QCLGX vs. QILGX - Drawdown Comparison

The maximum QCLGX drawdown since its inception was -54.01%, roughly equal to the maximum QILGX drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for QCLGX and QILGX.

Drawdown Indicators

	QCLGX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.01%	-53.48%	-0.53%
Max Drawdown (1Y) Largest decline over 1 year	-17.11%	-15.55%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-26.07%	-24.71%	-1.36%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-30.05%	-0.30%
Max Drawdown (10Y) Largest decline over 10 years	-31.79%	-31.68%	-0.11%
Current Drawdown Current decline from peak	-0.33%	-0.30%	-0.03%
Average Drawdown Average peak-to-trough decline	-9.79%	-8.96%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.74%	4.83%	+0.91%

Volatility

QCLGX vs. QILGX - Volatility Comparison

Federated Hermes MDT Large Cap Growth Fund Class C (QCLGX) and Federated Hermes MDT Large Cap Growth Fund (QILGX) have volatilities of 3.20% and 3.17%, 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

	QCLGX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	3.17%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	14.52%	13.02%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	16.02%	+1.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.62%	21.04%	+0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.69%	21.25%	+0.44%

QCLGX vs. QILGX - Expense Ratio Comparison

QCLGX has a 1.79% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

QCLGX vs. QILGX - Dividend Comparison

QCLGX's dividend yield for the trailing twelve months is around 4.33%, more than QILGX's 2.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QCLGX Federated Hermes MDT Large Cap Growth Fund Class C	4.33%	4.72%	9.81%	2.11%	19.37%	26.17%	9.41%	6.20%	12.38%	8.63%	0.63%	13.27%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.83%	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 QCLGX and QILGX in my portfolio?

With a correlation of 1.00, QCLGX 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, QCLGX or QILGX?

QCLGX has higher volatility (3.20%) compared to QILGX (3.17%). In terms of maximum drawdown, QCLGX dropped -54.01% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

QILGX currently has the higher Sharpe Ratio (1.75 vs 1.55), 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.