SVAIX vs. QAMNX
Compare and contrast key facts about Federated Hermes Strategic Value Dividend Fund (SVAIX) and Federated Hermes MDT Market Neutral A (QAMNX).
SVAIX is managed by Federated. It was launched on Mar 30, 2005. QAMNX is managed by Federated. It was launched on Sep 30, 2008.
Performance
SVAIX vs. QAMNX - Performance Comparison
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SVAIX vs. QAMNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SVAIX Federated Hermes Strategic Value Dividend Fund | 9.22% | 15.26% | 16.47% | -1.81% | 8.47% | 7.44% |
QAMNX Federated Hermes MDT Market Neutral A | 1.36% | 10.00% | 17.33% | 4.71% | 9.19% | 12.29% |
Returns By Period
In the year-to-date period, SVAIX achieves a 9.22% return, which is significantly higher than QAMNX's 1.36% return.
SVAIX
- 1D
- 0.87%
- 1M
- -2.83%
- YTD
- 9.22%
- 6M
- 10.97%
- 1Y
- 17.94%
- 3Y*
- 13.83%
- 5Y*
- 11.63%
- 10Y*
- 8.47%
QAMNX
- 1D
- -0.05%
- 1M
- -0.05%
- YTD
- 1.36%
- 6M
- 5.54%
- 1Y
- 7.82%
- 3Y*
- 10.36%
- 5Y*
- —
- 10Y*
- —
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SVAIX vs. QAMNX - Expense Ratio Comparison
SVAIX has a 0.81% expense ratio, which is lower than QAMNX's 1.86% expense ratio.
Return for Risk
SVAIX vs. QAMNX — Risk / Return Rank
SVAIX
QAMNX
SVAIX vs. QAMNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Strategic Value Dividend Fund (SVAIX) and Federated Hermes MDT Market Neutral A (QAMNX). 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.
| SVAIX | QAMNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.23 | +0.12 |
Sortino ratioReturn per unit of downside risk | 2.02 | 1.90 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.97 | -0.14 |
Martin ratioReturn relative to average drawdown | 8.69 | 5.71 | +2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SVAIX | QAMNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.23 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.87 | -0.35 |
Correlation
The correlation between SVAIX and QAMNX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SVAIX vs. QAMNX - Dividend Comparison
SVAIX's dividend yield for the trailing twelve months is around 5.93%, more than QAMNX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVAIX Federated Hermes Strategic Value Dividend Fund | 5.93% | 6.41% | 7.58% | 4.32% | 9.68% | 3.72% | 4.28% | 8.75% | 8.54% | 10.36% | 5.24% | 8.67% |
QAMNX Federated Hermes MDT Market Neutral A | 1.51% | 1.53% | 1.85% | 5.89% | 11.74% | 20.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SVAIX vs. QAMNX - Drawdown Comparison
The maximum SVAIX drawdown since its inception was -50.62%, which is greater than QAMNX's maximum drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for SVAIX and QAMNX.
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Drawdown Indicators
| SVAIX | QAMNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.62% | -17.97% | -32.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -4.16% | -7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -16.13% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.53% | — | — |
Current DrawdownCurrent decline from peak | -2.83% | -0.42% | -2.41% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -5.25% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 1.44% | +1.23% |
Volatility
SVAIX vs. QAMNX - Volatility Comparison
Federated Hermes Strategic Value Dividend Fund (SVAIX) has a higher volatility of 2.88% compared to Federated Hermes MDT Market Neutral A (QAMNX) at 1.03%. This indicates that SVAIX's price experiences larger fluctuations and is considered to be riskier than QAMNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SVAIX | QAMNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 1.03% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 6.99% | 4.88% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.76% | 6.38% | +9.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.57% | 14.04% | -0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.42% | 14.04% | +1.38% |