QKACX vs. VDADX

Last updated Jun 5, 2026

QKACX (Federated Hermes MDT All Cap Core Fund Class R6) and VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) are both mutual funds - QKACX is a Large Cap Blend Equities fund actively managed by Federated Hermes, while VDADX is a Dividend fund tracking the S&P U.S. Dividend Growers Index. QKACX is actively managed, while VDADX is passively managed. Over the past 10 years, QKACX returned 16.88%/yr vs 13.20%/yr for VDADX. Their correlation of 0.82 suggests significant overlap in exposure. QKACX charges 0.73%/yr vs 0.07%/yr for VDADX.

Performance

QKACX vs. VDADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT All Cap Core Fund Class R6 (QKACX) and Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QKACX achieves a 6.95% return, which is significantly lower than VDADX's 7.45% return. Over the past 10 years, QKACX has outperformed VDADX with an annualized return of 16.88%, while VDADX has yielded a comparatively lower 13.20% annualized return.

QKACX

• 1D: -0.79%
• 1M: 2.20%
• YTD: 6.95%
• 6M: 8.31%
• 1Y: 22.40%
• 3Y*: 24.91%
• 5Y*: 15.66%
• 10Y*: 16.88%

VDADX

• 1D: -0.23%
• 1M: 2.83%
• YTD: 7.45%
• 6M: 7.16%
• 1Y: 19.59%
• 3Y*: 16.43%
• 5Y*: 10.57%
• 10Y*: 13.20%

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

QKACX vs. VDADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QKACX Federated Hermes MDT All Cap Core Fund Class R6	6.95%	21.16%	31.05%	23.55%	-14.17%	31.45%	22.00%	26.88%	-2.65%	21.15%
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	7.45%	14.17%	16.99%	14.44%	-9.80%	23.59%	15.47%	29.68%	-2.06%	22.22%

Correlation

The correlation between QKACX and VDADX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Dec 23, 2013	0.82

Over the past year, the correlation between QKACX and VDADX has dropped to 0.18 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

QKACX vs. VDADX — Risk / Return Rank

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

QKACX

QKACX Risk / Return Rank: 53
QKACX Sharpe Ratio Rank: 45
QKACX Sortino Ratio Rank: 47
QKACX Omega Ratio Rank: 57
QKACX Calmar Ratio Rank: 51
QKACX Martin Ratio Rank: 66

VDADX

VDADX Risk / Return Rank: 44
VDADX Sharpe Ratio Rank: 44
VDADX Sortino Ratio Rank: 45
VDADX Omega Ratio Rank: 42
VDADX Calmar Ratio Rank: 42
VDADX Martin Ratio Rank: 48

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.

QKACX vs. VDADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT All Cap Core Fund Class R6 (QKACX) and Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX). 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.

	QKACX	VDADX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.95	0.00
Sortino ratio: Return per unit of downside risk	2.85	2.84	0.00
Omega ratio: Gain probability vs. loss probability	1.41	1.35	+0.06
Calmar ratio: Return relative to maximum drawdown	2.70	2.47	+0.22
Martin ratio: Return relative to average drawdown	12.64	9.98	+2.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QKACX vs. VDADX - Sharpe Ratio Comparison

The current QKACX Sharpe Ratio is 1.95, which is comparable to the VDADX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of QKACX and VDADX, 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

	QKACX	VDADX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.95	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.74	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	0.82	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.76	-0.28

Drawdowns

QKACX vs. VDADX - Drawdown Comparison

The maximum QKACX drawdown since its inception was -60.51%, which is greater than VDADX's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for QKACX and VDADX.

Drawdown Indicators

	QKACX	VDADX	Difference
Max Drawdown Largest peak-to-trough decline	-60.51%	-31.70%	-28.81%
Max Drawdown (1Y) Largest decline over 1 year	-8.66%	-7.93%	-0.73%
Max Drawdown (3Y) Largest decline over 3 years	-19.42%	-14.95%	-4.47%
Max Drawdown (5Y) Largest decline over 5 years	-23.05%	-20.42%	-2.63%
Max Drawdown (10Y) Largest decline over 10 years	-36.47%	-31.70%	-4.77%
Current Drawdown Current decline from peak	-1.02%	-0.23%	-0.79%
Average Drawdown Average peak-to-trough decline	-11.20%	-3.41%	-7.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.96%	-0.11%

Volatility

QKACX vs. VDADX - Volatility Comparison

Federated Hermes MDT All Cap Core Fund Class R6 (QKACX) has a higher volatility of 2.72% compared to Vanguard Dividend Appreciation Index Fund Admiral Shares (VDADX) at 2.17%. This indicates that QKACX's price experiences larger fluctuations and is considered to be riskier than VDADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QKACX	VDADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	2.17%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	7.59%	+1.88%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	10.07%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	14.27%	+3.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.70%	16.19%	+2.51%

QKACX vs. VDADX - Expense Ratio Comparison

QKACX has a 0.73% expense ratio, which is higher than VDADX's 0.07% expense ratio.

Dividends

QKACX vs. VDADX - Dividend Comparison

QKACX's dividend yield for the trailing twelve months is around 4.42%, more than VDADX's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QKACX Federated Hermes MDT All Cap Core Fund Class R6	4.42%	4.72%	8.90%	1.45%	11.20%	17.85%	3.09%	3.41%	8.83%	0.74%	0.00%	0.52%
VDADX Vanguard Dividend Appreciation Index Fund Admiral Shares	1.45%	1.60%	1.71%	1.86%	1.94%	1.53%	1.61%	1.69%	2.07%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both QKACX and VDADX in my portfolio?

QKACX and VDADX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QKACX or VDADX?

QKACX has higher volatility (2.72%) compared to VDADX (2.17%). In terms of maximum drawdown, QKACX dropped -60.51% vs VDADX's -31.70%.

Which has better risk-adjusted returns?

VDADX currently has the higher Sharpe Ratio (1.95 vs 1.95), 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.