SVAAX vs. BEARX
SVAAX (Federated Hermes Strategic Value Dividend Fund Class A) and BEARX (Federated Hermes Prudent Bear Fd) are both mutual funds - SVAAX is a Dividend fund actively managed by Federated, while BEARX is a Inverse Equities fund managed by Federated. Over the past 10 years, SVAAX returned 8.14%/yr vs -14.29%/yr for BEARX. Their -0.66 correlation means they have often moved in opposite directions in the past. SVAAX charges 1.06%/yr vs 1.78%/yr for BEARX.
Performance
SVAAX vs. BEARX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SVAAX achieves a 14.99% return, which is significantly higher than BEARX's -8.18% return. Over the past 10 years, SVAAX has outperformed BEARX with an annualized return of 8.14%, while BEARX has yielded a comparatively lower -14.29% annualized return.
SVAAX
- 1D
- -0.14%
- 1M
- 2.17%
- 6M
- 6.94%
- YTD
- 14.99%
- 1Y
- 22.39%
- 3Y*
- 16.77%
- 5Y*
- 11.48%
- 10Y*
- 8.14%
- ALL TIME*
- 7.73%
BEARX
- 1D
- -1.42%
- 1M
- -1.42%
- 6M
- -6.95%
- YTD
- -8.18%
- 1Y
- -13.40%
- 3Y*
- -15.02%
- 5Y*
- -11.42%
- 10Y*
- -14.29%
- ALL TIME*
- -2.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SVAAX vs. BEARX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SVAAX Federated Hermes Strategic Value Dividend Fund Class A | 14.99% | 14.42% | 16.29% | -2.07% | 8.07% | 21.36% | -8.15% | 19.42% | -8.44% | 14.69% |
BEARX Federated Hermes Prudent Bear Fd | -8.18% | -12.42% | -20.34% | -18.67% | 17.78% | -23.78% | -22.95% | -19.95% | -5.96% | -15.76% |
Correlation
The correlation between SVAAX and BEARX is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.03 |
Correlation (3Y) Balances recent behavior with more history. | -0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | -0.66 |
Over the past year, the inverse relationship between SVAAX and BEARX has weakened: their correlation has moved from -0.66 to -0.03, meaning they move in opposite directions less often than they have historically.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SVAAX vs. BEARX — Risk / Return Rank
SVAAX
BEARX
SVAAX vs. BEARX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) and Federated Hermes Prudent Bear Fd (BEARX). 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.
| SVAAX | BEARX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.62 | ||
| Sortino ratioReturn per unit of downside risk | +5.25 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.83 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 6.16 | -0.80 | +6.96 |
| Martin ratioReturn relative to average drawdown | 16.32 | -1.52 | +17.84 |
Loading charts...
Drawdowns
SVAAX vs. BEARX - Drawdown Comparison
The maximum SVAAX drawdown since its inception was -51.16%, smaller than the maximum BEARX drawdown of -95.75%. Use the drawdown chart below to compare losses from any high point for SVAAX and BEARX.
Loading charts...
Drawdown Indicators
| SVAAX | BEARX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.16% | -95.75% | +44.59% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -16.55% | +11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -44.46% | +31.62% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -52.48% | +36.31% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | -79.22% | +42.75% |
Current DrawdownCurrent decline from peak | -1.78% | -95.69% | +93.91% |
Average DrawdownAverage peak-to-trough decline | -8.15% | -61.22% | +53.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 8.70% | -7.01% |
Volatility
SVAAX vs. BEARX - Volatility Comparison
Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) and Federated Hermes Prudent Bear Fd (BEARX) have volatilities of 4.18% and 4.13%, 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.
Loading charts...
Volatility by Period
| SVAAX | BEARX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 4.13% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 10.44% | -1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 12.96% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.80% | 17.16% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 16.73% | -1.29% |
SVAAX vs. BEARX - Expense Ratio Comparison
SVAAX has a 1.06% expense ratio, which is lower than BEARX's 1.78% expense ratio.
Dividends
SVAAX vs. BEARX - Dividend Comparison
SVAAX's dividend yield for the trailing twelve months is around 5.64%, less than BEARX's 7.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEARX Federated Hermes Prudent Bear Fd | 7.31% | 6.71% | 0.00% | 13.32% | 0.00% | 0.00% | 0.00% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% |
SVAAX Federated Hermes Strategic Value Dividend Fund Class A | 5.64% | 5.80% | 7.38% | 4.10% | 9.49% | 3.50% | 4.06% | 8.55% | 8.39% | 10.16% | 5.00% | 8.45% |
Frequently Asked Questions
SVAAX and BEARX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SVAAX has higher volatility (4.18%) compared to BEARX (4.13%). In terms of maximum drawdown, SVAAX dropped -51.16% vs BEARX's -95.75%.
SVAAX currently has the higher Sharpe Ratio (2.59 vs -1.02), 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.
Find the right allocation for SVAAX and BEARX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer