QILGX vs. SPY
Compare and contrast key facts about Federated Hermes MDT Large Cap Growth Fund (QILGX) and SPDR S&P 500 ETF (SPY).
QILGX is managed by Federated. It was launched on Sep 15, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QILGX or SPY.
Correlation
The correlation between QILGX and SPY is 0.91, 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.
Performance
QILGX vs. SPY - Performance Comparison
Key characteristics
QILGX:
0.03
SPY:
0.20
QILGX:
0.21
SPY:
0.42
QILGX:
1.03
SPY:
1.06
QILGX:
0.03
SPY:
0.21
QILGX:
0.10
SPY:
0.92
QILGX:
6.86%
SPY:
4.30%
QILGX:
24.31%
SPY:
19.83%
QILGX:
-57.54%
SPY:
-55.19%
QILGX:
-21.94%
SPY:
-15.91%
Returns By Period
In the year-to-date period, QILGX achieves a -15.41% return, which is significantly lower than SPY's -12.06% return. Over the past 10 years, QILGX has underperformed SPY with an annualized return of 5.90%, while SPY has yielded a comparatively higher 11.22% annualized return.
QILGX
-15.41%
-10.40%
-14.96%
3.08%
8.55%
5.90%
SPY
-12.06%
-8.88%
-11.39%
5.10%
14.70%
11.22%
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QILGX vs. SPY - Expense Ratio Comparison
QILGX has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
QILGX vs. SPY — Risk-Adjusted Performance Rank
QILGX
SPY
QILGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Growth Fund (QILGX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
QILGX vs. SPY - Dividend Comparison
QILGX's dividend yield for the trailing twelve months is around 0.01%, less than SPY's 1.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QILGX Federated Hermes MDT Large Cap Growth Fund | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 5.91% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.39% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
QILGX vs. SPY - Drawdown Comparison
The maximum QILGX drawdown since its inception was -57.54%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for QILGX and SPY. For additional features, visit the drawdowns tool.
Volatility
QILGX vs. SPY - Volatility Comparison
Federated Hermes MDT Large Cap Growth Fund (QILGX) has a higher volatility of 16.24% compared to SPDR S&P 500 ETF (SPY) at 14.67%. This indicates that QILGX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.