Federated Hermes U.S. SMID Fund
Federated Hermes Adviser Series

Average annual returns

No trailing-return data available for this share class.

Risk statistics

69 months through March 31, 2026
Volatility (ann.)
18.33%
Sharpe
0.48
Sortino
0.80
Max drawdown
-25.19%
Best month
12.15%
Worst month
-9.53%
Beta vs VTSAX
1.28
Correlation
0.88

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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