QISGX vs. WMKSX

Last updated Jun 24, 2026

QISGX (Federated Hermes MDT Small Cap Growth Fund) and WMKSX (WesMark Small Company Fund) are both Small Cap Growth Equities funds. Over the past 10 years, QISGX returned 14.37%/yr vs 14.18%/yr for WMKSX. Their correlation of 0.88 suggests significant overlap in exposure. QISGX charges 0.89%/yr vs 1.24%/yr for WMKSX.

Performance

QISGX vs. WMKSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Small Cap Growth Fund (QISGX) and WesMark Small Company Fund (WMKSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QISGX achieves a 23.20% return, which is significantly higher than WMKSX's 20.89% return. Both investments have delivered pretty close results over the past 10 years, with QISGX having a 14.37% annualized return and WMKSX not far behind at 14.18%.

QISGX

• 1D: 1.32%
• 1M: 5.28%
• YTD: 23.20%
• 6M: 20.18%
• 1Y: 48.35%
• 3Y*: 22.22%
• 5Y*: 9.24%
• 10Y*: 14.37%

WMKSX

• 1D: 0.17%
• 1M: 5.31%
• YTD: 20.89%
• 6M: 18.78%
• 1Y: 35.88%
• 3Y*: 25.78%
• 5Y*: 11.59%
• 10Y*: 14.18%

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

QISGX vs. WMKSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QISGX Federated Hermes MDT Small Cap Growth Fund	23.20%	17.72%	15.63%	19.63%	-27.94%	18.14%	29.91%	21.14%	-6.33%	25.17%
WMKSX WesMark Small Company Fund	20.89%	16.19%	22.12%	19.42%	-20.72%	22.81%	36.78%	20.32%	-13.92%	13.21%

Correlation

The correlation between QISGX and WMKSX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	0.88

Over the past year, the correlation between QISGX and WMKSX has dropped to 0.25 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.

Return for Risk

QISGX vs. WMKSX — Risk / Return Rank

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

QISGX

QISGX Risk / Return Rank: 78
QISGX Sharpe Ratio Rank: 76
QISGX Sortino Ratio Rank: 73
QISGX Omega Ratio Rank: 74
QISGX Calmar Ratio Rank: 84
QISGX Martin Ratio Rank: 81

WMKSX

WMKSX Risk / Return Rank: 69
WMKSX Sharpe Ratio Rank: 60
WMKSX Sortino Ratio Rank: 58
WMKSX Omega Ratio Rank: 49
WMKSX Calmar Ratio Rank: 90
WMKSX Martin Ratio Rank: 85

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.

QISGX vs. WMKSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Small Cap Growth Fund (QISGX) and WesMark Small Company Fund (WMKSX). 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.

	QISGX	WMKSX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.11	+0.23
Sortino ratio: Return per unit of downside risk	3.25	2.93	+0.32
Omega ratio: Gain probability vs. loss probability	1.44	1.35	+0.09
Calmar ratio: Return relative to maximum drawdown	3.77	4.43	-0.66
Martin ratio: Return relative to average drawdown	14.02	14.85	-0.83

QISGX vs. WMKSX - Sharpe Ratio Comparison

The current QISGX Sharpe Ratio is 2.34, which is comparable to the WMKSX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of QISGX and WMKSX, 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

QISGX vs. WMKSX - Drawdown Comparison

The maximum QISGX drawdown since its inception was -60.75%, smaller than the maximum WMKSX drawdown of -64.09%. Use the drawdown chart below to compare losses from any high point for QISGX and WMKSX.

Drawdown Indicators

	QISGX	WMKSX	Difference
Max Drawdown Largest peak-to-trough decline	-60.75%	-64.09%	+3.34%
Max Drawdown (1Y) Largest decline over 1 year	-13.23%	-8.50%	-4.73%
Max Drawdown (3Y) Largest decline over 3 years	-27.28%	-24.20%	-3.08%
Max Drawdown (5Y) Largest decline over 5 years	-38.60%	-39.84%	+1.24%
Max Drawdown (10Y) Largest decline over 10 years	-45.08%	-39.84%	-5.24%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.85%	-15.66%	+1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.53%	+1.02%

Volatility

QISGX vs. WMKSX - Volatility Comparison

Federated Hermes MDT Small Cap Growth Fund (QISGX) has a higher volatility of 7.18% compared to WesMark Small Company Fund (WMKSX) at 4.52%. This indicates that QISGX's price experiences larger fluctuations and is considered to be riskier than WMKSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QISGX	WMKSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	4.52%	+2.66%
Volatility (6M) Calculated over the trailing 6-month period	15.96%	12.32%	+3.64%
Volatility (1Y) Calculated over the trailing 1-year period	21.36%	17.93%	+3.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.61%	26.13%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.74%	23.99%	+0.75%

QISGX vs. WMKSX - Expense Ratio Comparison

QISGX has a 0.89% expense ratio, which is lower than WMKSX's 1.24% expense ratio.

Dividends

QISGX vs. WMKSX - Dividend Comparison

QISGX's dividend yield for the trailing twelve months is around 3.18%, less than WMKSX's 18.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QISGX Federated Hermes MDT Small Cap Growth Fund	3.18%	3.91%	0.00%	0.05%	3.63%	29.34%	0.45%	0.00%	7.03%	5.09%	1.61%	18.51%
WMKSX WesMark Small Company Fund	18.95%	22.91%	4.69%	5.93%	6.23%	25.75%	8.21%	0.00%	12.53%	8.59%	5.26%	6.57%

Frequently Asked Questions

Can I hold both QISGX and WMKSX in my portfolio?

QISGX and WMKSX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QISGX or WMKSX?

QISGX has higher volatility (7.18%) compared to WMKSX (4.52%). In terms of maximum drawdown, QISGX dropped -60.75% vs WMKSX's -64.09%.

Which has better risk-adjusted returns?

QISGX currently has the higher Sharpe Ratio (2.34 vs 2.11), 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.