QIBGX vs. AOBLX
QIBGX (Federated Hermes MDT Balanced Fund) and AOBLX (Victory Pioneer Balanced Fund Class A) are both Diversified Portfolio funds. Over the past 10 years, QIBGX returned 11.23%/yr vs 10.36%/yr for AOBLX. Their correlation of 0.89 suggests significant overlap in exposure. QIBGX charges 1.06%/yr vs 0.93%/yr for AOBLX.
Performance
QIBGX vs. AOBLX - Performance Comparison
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Returns By Period
In the year-to-date period, QIBGX achieves a 4.91% return, which is significantly lower than AOBLX's 14.19% return. Over the past 10 years, QIBGX has outperformed AOBLX with an annualized return of 11.23%, while AOBLX has yielded a comparatively lower 10.36% annualized return.
QIBGX
- 1D
- 0.81%
- 1M
- 0.51%
- YTD
- 4.91%
- 6M
- 4.96%
- 1Y
- 15.37%
- 3Y*
- 18.18%
- 5Y*
- 10.65%
- 10Y*
- 11.23%
AOBLX
- 1D
- 0.98%
- 1M
- 1.91%
- YTD
- 14.19%
- 6M
- 14.00%
- 1Y
- 33.04%
- 3Y*
- 16.90%
- 5Y*
- 9.62%
- 10Y*
- 10.36%
QIBGX vs. AOBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QIBGX Federated Hermes MDT Balanced Fund | 4.91% | 14.68% | 28.30% | 14.26% | -13.54% | 17.43% | 16.17% | 19.00% | -2.96% | 14.12% |
AOBLX Victory Pioneer Balanced Fund Class A | 14.19% | 19.59% | 9.46% | 15.00% | -14.64% | 15.10% | 13.15% | 21.75% | -4.63% | 14.99% |
Correlation
The correlation between QIBGX and AOBLX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2003 | 0.89 |
Over the past year, the correlation between QIBGX and AOBLX has dropped to 0.35 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
QIBGX vs. AOBLX — Risk / Return Rank
QIBGX
AOBLX
QIBGX vs. AOBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Balanced Fund (QIBGX) and Victory Pioneer Balanced Fund Class A (AOBLX). 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.
| QIBGX | AOBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.61 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 5.08 | -3.71 |
| Martin ratioReturn relative to average drawdown | 3.56 | 23.52 | -19.95 |
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Drawdowns
QIBGX vs. AOBLX - Drawdown Comparison
The maximum QIBGX drawdown since its inception was -42.95%, which is greater than AOBLX's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for QIBGX and AOBLX.
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Drawdown Indicators
| QIBGX | AOBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.95% | -36.70% | -6.25% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -6.42% | -4.67% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -13.52% | -4.73% |
Max Drawdown (5Y)Largest decline over 5 years | -19.32% | -20.48% | +1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -25.97% | -24.31% | -1.66% |
Current DrawdownCurrent decline from peak | -2.01% | -0.27% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -3.81% | -1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 1.38% | +2.88% |
Volatility
QIBGX vs. AOBLX - Volatility Comparison
The current volatility for Federated Hermes MDT Balanced Fund (QIBGX) is 3.33%, while Victory Pioneer Balanced Fund Class A (AOBLX) has a volatility of 3.68%. This indicates that QIBGX experiences smaller price fluctuations and is considered to be less risky than AOBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QIBGX | AOBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 3.68% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 7.24% | 7.84% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.98% | 9.94% | +4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 11.15% | +4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.23% | 11.34% | +2.89% |
QIBGX vs. AOBLX - Expense Ratio Comparison
QIBGX has a 1.06% expense ratio, which is higher than AOBLX's 0.93% expense ratio.
Dividends
QIBGX vs. AOBLX - Dividend Comparison
QIBGX's dividend yield for the trailing twelve months is around 8.44%, more than AOBLX's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOBLX Victory Pioneer Balanced Fund Class A | 3.16% | 3.48% | 2.28% | 1.52% | 2.97% | 8.33% | 4.31% | 5.78% | 9.70% | 9.22% | 2.51% | 3.97% |
QIBGX Federated Hermes MDT Balanced Fund | 8.44% | 8.86% | 20.13% | 1.82% | 6.92% | 9.99% | 4.36% | 4.33% | 10.60% | 1.59% | 1.86% | 1.75% |
Frequently Asked Questions
QIBGX and AOBLX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOBLX has higher volatility (3.68%) compared to QIBGX (3.33%). In terms of maximum drawdown, QIBGX dropped -42.95% vs AOBLX's -36.70%.
AOBLX currently has the higher Sharpe Ratio (3.28 vs 1.09), 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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