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FDV

GradeBNew York Stock Exchange Arca

Federated Hermes U.S. Strategic Dividend ETF

Active Equity · Federated Hermes · Inception 2022-11-15

$32.12−0.35 (−1.08%)

As of Sep 23, 2026, 2:58 PM EDT

History starts Nov 16, 2022.
Intraday session: down, 47 prints from 32.47 to 32.12. Range 32.12 to 32.39. Use the arrow keys to read each point.$32.20$32.30$32.4010 AM12 PM2 PM4 PM
Expense ratio
0.61%
Fund size
$896M
1Y return
+18.2%
Yield · Last 12 months
2.78%
Holdings
50
Volume · 30D
0.1M sh
NAV per share
$32.42
52W range
low $27.76high $35.11

The ETF.net FDV Grade

B

60/ 100

Rank 11 of 40 in US Active Dividend Income

Confidence High

Six-pillar profile for FDV. Scores out of 100: Cost 41, Risk 73, Mission 62, Tradability 71, Holdings 71, Durability 83. Strongest: Durability (83). Weakest: Cost (41). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 41
    Category rank24/40 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 62
    Category rank10/14 · mid-pack
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 73
    Category rank4/37 · top 11%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 71
    Category rank7/40 · top 18%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 71
    Category rank13/40 · top 33%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank5/40 · top 13%

Graded as of Sep 22, 2026

Our read on FDV

ETF.net Research

BAn active, US-only dividend fund with a two-part job: own stocks already paying well that also have room to raise the payout. Cash goes out monthly rather than on the usual quarterly schedule.

Stated mandate

The fund seeks income and long-term capital appreciation through primarily investing in high dividend-paying common stocks of U.S. issuers with potential for dividend growth.

Why people hold it

  1. 01The mandate is specific: income plus long-term appreciation from high dividend-paying US common stocks with potential for dividend growth. Yield today and payout runway, not one or the other.
  2. 02Distributions land monthly, so the income calendar lines up with the bills calendar.
  3. 03Trading is one of its strongest features: among the easier funds in its dividend peer group to move in and out of at a fair price.
  4. 04Stays home. The mandate is limited primarily to US issuers, so the income stream is not filtered through currency swings or foreign tax treatment.

Worth knowing

  1. 01The fee is 0.61%, above the typical charge in its dividend cohort, and several of the highest-graded active peers (CGDV, TDVG) run cheaper.
  2. 02Actively run with no declared index behind it, so the portfolio reflects manager judgment rather than a published rulebook you can read in advance.
  3. 03Launched in 2022, giving it a short track record next to dividend funds that have been through several full market cycles.

FDV Holdings

As of Sep 20, 2026, 8:20 AM
Asset class
Stocks
Holdings
50
Top-10 weight
33%
Largest holding
PAYX4.4%

Sectors

  • Utilities14.1%
  • Health Care13.9%
  • Cons. Staples13.4%
  • Financials13.2%
  • Technology11.9%
  • Energy9.5%
  • Real Estate9.0%
  • Consumer Discr.7.9%
  • Industrials3.6%
  • Communication2.0%
  • Materials1.5%

Geography

  • United States93.44%
  • Ireland4.25%
  • Switzerland2.31%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PAYXPAYCHEX INC4.41%341,302$40M366
002PNCPNC FINANCIAL SERVICES GR3.96%153,984$36M326
003CVXCHEVRON CORP3.69%157,389$33M468
004USBUS BANCORP3.66%548,359$33M369
005PEPPEPSICO INC3.20%215,989$29M447
006ABBVABBVIE INC2.95%100,718$27M511
0070Y6X.LMEDTRONIC PLC2.90%282,313$26M118
008AMGNAMGEN INC2.80%66,598$25M470
009PLDPROLOGIS INC2.79%186,371$25M344
010WECWEC ENERGY GROUP INC2.79%239,953$25M278
011PFEPFIZER INC2.49%813,802$22M374
012DOXAMDOCS LTD2.44%363,251$22M140
013RFREGIONS FINANCIAL CORP2.42%766,353$22M310
014PPLPPL CORP2.41%646,003$22M276
015WSOWATSCO INC2.40%71,001$22M190

Showing 1–15 of 55 holdings

FDV Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FDV$11,823
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FDV $11,823. SPY $11,723. Use the arrow keys to read each point.$9,302$10,961$12,620Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FDV. Periods over one year show the average yearly return.
PeriodFDV
Year to date+15.6%
1 month−4.2%
3 months+4.9%
1 year+18.2%
3 years+16.1%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FDV
YearReturn barFDV
2026 YTD+15.6%
2025+11.0%
2024+14.4%
2023−2.2%
2022+1.9%

History from Nov 16, 2022

FDV in the news

ETF.net Research hasn’t filed on FDV yet — coverage lands here as it’s written.

FDV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.78%Last 12 months
Payout per share
$0.90Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Jan 27, 2023 $0.07; Feb 24, 2023 $0.07; Mar 29, 2023 $0.07; Apr 26, 2023 $0.05; May 26, 2023 $0.07; Jun 28, 2023 $0.06; Jul 27, 2023 $0.06; Aug 29, 2023 $0.08; Sep 27, 2023 $0.07; Oct 27, 2023 $0.05; Nov 28, 2023 $0.12; Dec 27, 2023 $0.09; Jan 29, 2024 $0.06; Feb 27, 2024 $0.08; Mar 26, 2024 $0.05; Apr 26, 2024 $0.05; May 31, 2024 $0.09; Jun 28, 2024 $0.06; Jul 31, 2024 $0.06; Aug 30, 2024 $0.08; Sep 30, 2024 $0.04; Oct 31, 2024 $0.06; Nov 29, 2024 $0.09; Dec 31, 2024 $0.10; Jan 31, 2025 $0.07; Feb 28, 2025 $0.08; Mar 31, 2025 $0.06; Apr 30, 2025 $0.06; May 30, 2025 $0.09; Jun 30, 2025 $0.06; Jul 31, 2025 $0.07; Aug 29, 2025 $0.08; Sep 30, 2025 $0.04; Oct 31, 2025 $0.06; Nov 28, 2025 $0.11; Dec 31, 2025 $0.12; Jan 30, 2026 $0.07; Feb 27, 2026 $0.06; Mar 31, 2026 $0.10; Apr 30, 2026 $0.05; May 29, 2026 $0.08; Jun 30, 2026 $0.10; Jul 31, 2026 $0.07; Aug 31, 2026 $0.04. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Aug 31, 2026Sep 1, 2026$0.04
Jul 31, 2026Aug 3, 2026$0.07
Jun 30, 2026Jul 1, 2026$0.10
May 29, 2026Jun 1, 2026$0.08
Apr 30, 2026May 1, 2026$0.05
Mar 31, 2026Apr 1, 2026$0.10
Feb 27, 2026Mar 2, 2026$0.06
Jan 30, 2026Feb 2, 2026$0.07
Dec 31, 2025Jan 2, 2026$0.12
Nov 28, 2025Dec 1, 2025$0.11
Oct 31, 2025Nov 3, 2025$0.06
Sep 30, 2025Oct 1, 2025$0.04

FDV Risk

How much the fund’s monthly returns vary, scaled to a year.
11.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.93
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−16.7%
46 months · trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FDV Cost

Expense ratio0.61%
  • The middle half of US Active Dividend Income funds
  • Median 0.51%

23 of the 40 US Active Dividend Income funds charge less.

FDV costs $61.00 a year on $10,000. The median US Active Dividend Income fund costs $51.00.