SVAIX vs. QILGX

Last updated Jun 26, 2026

SVAIX (Federated Hermes Strategic Value Dividend Fund) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both mutual funds - SVAIX is a Large Cap Value Equities fund managed by Federated, while QILGX is a Large Cap Growth Equities fund managed by Federated. Over the past 10 years, SVAIX returned 8.40%/yr vs 19.99%/yr for QILGX. A 0.59 correlation means they provide meaningful diversification when combined. SVAIX charges 0.81%/yr vs 0.75%/yr for QILGX.

Performance

SVAIX vs. QILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Strategic Value Dividend Fund (SVAIX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SVAIX achieves a 10.69% return, which is significantly higher than QILGX's 2.57% return. Over the past 10 years, SVAIX has underperformed QILGX with an annualized return of 8.40%, while QILGX has yielded a comparatively higher 19.99% annualized return.

SVAIX

• 1D: 0.00%
• 1M: -0.12%
• YTD: 10.69%
• 6M: 10.17%
• 1Y: 21.91%
• 3Y*: 16.01%
• 5Y*: 10.86%
• 10Y*: 8.40%

QILGX

• 1D: 0.14%
• 1M: -3.65%
• YTD: 2.57%
• 6M: 1.79%
• 1Y: 16.14%
• 3Y*: 25.00%
• 5Y*: 16.09%
• 10Y*: 19.99%

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

SVAIX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SVAIX Federated Hermes Strategic Value Dividend Fund	10.69%	15.26%	16.47%	-1.81%	8.47%	21.52%	-7.88%	19.59%	-8.23%	15.10%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.57%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between SVAIX and QILGX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	0.59

The correlation between SVAIX and QILGX shifts across timeframes, from -0.01 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SVAIX vs. QILGX — Risk / Return Rank

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

SVAIX

SVAIX Risk / Return Rank: 86
SVAIX Sharpe Ratio Rank: 85
SVAIX Sortino Ratio Rank: 84
SVAIX Omega Ratio Rank: 74
SVAIX Calmar Ratio Rank: 96
SVAIX Martin Ratio Rank: 89

QILGX

QILGX Risk / Return Rank: 19
QILGX Sharpe Ratio Rank: 20
QILGX Sortino Ratio Rank: 20
QILGX Omega Ratio Rank: 25
QILGX Calmar Ratio Rank: 16
QILGX Martin Ratio Rank: 16

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.

SVAIX vs. QILGX - 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 Large Cap Growth Fund (QILGX). 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.

	SVAIX	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	1.05	+1.36
Sortino ratio: Return per unit of downside risk	3.44	1.53	+1.91
Omega ratio: Gain probability vs. loss probability	1.40	1.22	+0.19
Calmar ratio: Return relative to maximum drawdown	5.59	1.15	+4.43
Martin ratio: Return relative to average drawdown	14.93	3.59	+11.34

SVAIX vs. QILGX - Sharpe Ratio Comparison

The current SVAIX Sharpe Ratio is 2.41, which is higher than the QILGX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of SVAIX and QILGX, 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

SVAIX vs. QILGX - Drawdown Comparison

The maximum SVAIX drawdown since its inception was -50.62%, smaller than the maximum QILGX drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for SVAIX and QILGX.

Drawdown Indicators

	SVAIX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-50.62%	-53.48%	+2.86%
Max Drawdown (1Y) Largest decline over 1 year	-4.66%	-15.55%	+10.89%
Max Drawdown (3Y) Largest decline over 3 years	-12.64%	-24.71%	+12.07%
Max Drawdown (5Y) Largest decline over 5 years	-16.13%	-30.05%	+13.92%
Max Drawdown (10Y) Largest decline over 10 years	-36.53%	-31.68%	-4.85%
Current Drawdown Current decline from peak	-1.81%	-6.53%	+4.72%
Average Drawdown Average peak-to-trough decline	-7.69%	-8.94%	+1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	4.98%	-3.33%

Volatility

SVAIX vs. QILGX - Volatility Comparison

The current volatility for Federated Hermes Strategic Value Dividend Fund (SVAIX) is 4.17%, while Federated Hermes MDT Large Cap Growth Fund (QILGX) has a volatility of 6.44%. This indicates that SVAIX experiences smaller price fluctuations and is considered to be less risky than QILGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SVAIX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	6.44%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	13.29%	-5.43%
Volatility (1Y) Calculated over the trailing 1-year period	10.79%	17.00%	-6.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	21.19%	-7.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	21.28%	-5.83%

SVAIX vs. QILGX - Expense Ratio Comparison

SVAIX has a 0.81% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

SVAIX vs. QILGX - Dividend Comparison

SVAIX's dividend yield for the trailing twelve months is around 6.27%, more than QILGX's 3.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QILGX Federated Hermes MDT Large Cap Growth Fund	3.02%	3.09%	6.60%	1.47%	13.57%	19.44%	7.47%	5.07%	10.33%	7.40%	0.55%	11.76%
SVAIX Federated Hermes Strategic Value Dividend Fund	6.27%	6.41%	7.58%	4.32%	9.68%	3.72%	4.28%	8.75%	8.54%	10.36%	5.24%	8.67%

Frequently Asked Questions

Can I hold both SVAIX and QILGX in my portfolio?

SVAIX and QILGX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SVAIX or QILGX?

QILGX has higher volatility (6.44%) compared to SVAIX (4.17%). In terms of maximum drawdown, SVAIX dropped -50.62% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

SVAIX currently has the higher Sharpe Ratio (2.41 vs 1.05), 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.