SVAAX vs. FGSAX
SVAAX (Federated Hermes Strategic Value Dividend Fund Class A) and FGSAX (Federated Hermes MDT Mid Cap Growth Fund) are both mutual funds - SVAAX is a Dividend fund actively managed by Federated, while FGSAX is a Mid Cap Growth Equities fund managed by Federated. Over the past 10 years, SVAAX returned 8.14%/yr vs 14.63%/yr for FGSAX. Their 0.58 correlation means they have sometimes moved together and sometimes differently. SVAAX charges 1.06%/yr vs 1.15%/yr for FGSAX.
Performance
SVAAX vs. FGSAX - Performance Comparison
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Returns By Period
In the year-to-date period, SVAAX achieves a 14.99% return, which is significantly higher than FGSAX's 0.92% return. Over the past 10 years, SVAAX has underperformed FGSAX with an annualized return of 8.14%, while FGSAX has yielded a comparatively higher 14.63% 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%
FGSAX
- 1D
- 1.93%
- 1M
- 0.20%
- 6M
- 2.15%
- YTD
- 0.92%
- 1Y
- 0.22%
- 3Y*
- 17.86%
- 5Y*
- 7.92%
- 10Y*
- 14.63%
- ALL TIME*
- 10.07%
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. FGSAX - 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% |
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 0.92% | 10.54% | 32.97% | 27.05% | -24.60% | 22.39% | 35.50% | 27.95% | -3.23% | 24.38% |
Correlation
The correlation between SVAAX and FGSAX 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. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | 0.58 |
The correlation between SVAAX and FGSAX shifts across timeframes, from -0.03 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SVAAX vs. FGSAX — Risk / Return Rank
SVAAX
FGSAX
SVAAX vs. FGSAX - 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 MDT Mid Cap Growth Fund (FGSAX). 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 | FGSAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +3.68 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.01 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 6.16 | -0.01 | +6.17 |
| Martin ratioReturn relative to average drawdown | 16.32 | -0.03 | +16.35 |
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Drawdowns
SVAAX vs. FGSAX - Drawdown Comparison
The maximum SVAAX drawdown since its inception was -51.16%, smaller than the maximum FGSAX drawdown of -66.17%. Use the drawdown chart below to compare losses from any high point for SVAAX and FGSAX.
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Drawdown Indicators
| SVAAX | FGSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.16% | -66.17% | +15.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -13.73% | +9.02% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -24.51% | +11.67% |
Max Drawdown (5Y)Largest decline over 5 years | -16.17% | -35.79% | +19.62% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | -37.19% | +0.72% |
Current DrawdownCurrent decline from peak | -1.78% | -3.76% | +1.98% |
Average DrawdownAverage peak-to-trough decline | -8.15% | -16.10% | +7.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 5.34% | -3.65% |
Volatility
SVAAX vs. FGSAX - Volatility Comparison
The current volatility for Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) is 4.18%, while Federated Hermes MDT Mid Cap Growth Fund (FGSAX) has a volatility of 5.29%. This indicates that SVAAX experiences smaller price fluctuations and is considered to be less risky than FGSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SVAAX | FGSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.29% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 13.59% | -4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 17.92% | -6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.80% | 22.55% | -8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.44% | 22.29% | -6.85% |
SVAAX vs. FGSAX - Expense Ratio Comparison
SVAAX has a 1.06% expense ratio, which is lower than FGSAX's 1.15% expense ratio.
Dividends
SVAAX vs. FGSAX - Dividend Comparison
SVAAX's dividend yield for the trailing twelve months is around 5.64%, more than FGSAX's 4.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGSAX Federated Hermes MDT Mid Cap Growth Fund | 4.88% | 4.92% | 4.32% | 0.00% | 2.31% | 25.75% | 7.07% | 8.13% | 14.46% | 13.93% | 0.89% | 25.34% |
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 FGSAX 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.
FGSAX has higher volatility (5.29%) compared to SVAAX (4.18%). In terms of maximum drawdown, SVAAX dropped -51.16% vs FGSAX's -66.17%.
SVAAX currently has the higher Sharpe Ratio (2.59 vs -0.01), 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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