Let $\rho, \sigma$ be states such that
$$F(\rho,\sigma) = \delta >0,$$
where $F(\rho,\sigma) = \|\sqrt{\rho}\sqrt{\sigma}\|_1$. Now consider all possible states $\bar{\rho}$ such that $F(\bar{\rho},\rho) \geq 1 - \varepsilon$ for $0<\varepsilon<\delta$. Can one find an upper bound for
$$\min\limits_{\bar{\rho}}F(\bar{\rho},\sigma)$$
Obviously, $\delta$ is the trivial upper bound found by choosing $\bar{\rho} = \rho$ but it's not clear if one can always do better.