FHI - Federated Hermes: Record AUM And Opportunities Make It A Buy
2025-07-07 08:38:00 ET
Asset-light companies can make for great portfolio diversifiers. This is especially true when the threat of tariffs has constantly hummed in the background, impacting manufacturers that source products internationally. This is reflected by the outperformance of the SPDR Financial Sector ETF ( XLF ) over the trailing 12 months versus the tech-heavy S&P 500 ( SPY ) and the SPDR Industrials ETF ( XLI ). As shown below, XLF’s 30% total return over the trailing 12 months well surpasses the 13.4% and 24.6% of SPY and XLI, respectively....
Federated Hermes: Record AUM And Opportunities Make It A Buy