Skip to Content
ETFs

Federated Hermes U.S. Strategic Dividend ETF

FDV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 15 2022
Expense Ratio
0.50%
Type
US Equities
Fund Owner
Federated Hermes
Volume (1m avg. daily)
$423,776
AUM
$61,050,400
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AMGN
AMGEN Inc.
4.49%
PM
Philip Morris International Inc
4.42%
KMB
Kimberly-Clark Corp.
3.70%
SO
Southern Company
3.55%
DUK
Duke Energy Corp.
3.52%
LYB
LyondellBasell Industries NV - Ordinary Shares - Class A
3.22%
JPM
JPMorgan Chase & Co.
3.18%
VZ
Verizon Communications Inc
2.92%
D
Dominion Energy Inc
2.69%
USB
U.S. Bancorp.
2.56%
Invest with FDV

What is FDV?

A fund seeking income and long-term capital appreciation by investing primarily in high dividend-paying stocks of U.S. issuers with dividend growth potential. The Fund intends to invest exclusively in U.S. issuers (i.e., companies domiciled and/or with operations in the United States, or listed on U.S.-based exchanges), and generally invests in large cap or mid cap stocks.

ETFs related toFDV

ETFs correlated to FDV include CDL, DVY, SPHD

FDV
Federated Hermes ETF Trust - Federated Hermes U.S. Strategic Dividend ETF
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
SPHD
Invesco Capital Management LLC - Invesco S&P 500 High Dividend Low Volatility ETF
DHS
WisdomTree Trust - WisdomTree U.S. High Dividend Fund
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
FDL
First Trust Exchange-Traded Fund III - First Trust Morningstar Dividend Leaders Index Fund
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
SCHD
Schwab Strategic Trust - Schwab US Dividend Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFDV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with FDV using Composer

FAQ

FDV is a US Equities ETF. A fund seeking income and long-term capital appreciation by investing primarily in high dividend-paying stocks of U.S. issuers with dividend growth potential. The Fund intends to invest exclusively in U.S. issuers (i.e., companies domiciled and/or with operations in the United States, or listed on U.S.-based exchanges), and generally invests in large cap or mid cap stocks.

FDV dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

Yes, FDV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FDV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FDV is -0.018%. This is the percent change in the value of FDV over the most recent 1-month period. The 3-month return on FDV is -0.0262%. This is the percent change in the value of FDV over the most recent 3-month period.

ETFs similar to FDV include DFAS, DFAT, and FVD.

ETFs correlated to FDV include CDL, DVY, and SPHD.

ETFs that are inversely correlated to FDV include DXD, DOG, and SDOW.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.