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Launched · SEC filings

Federated Hermes MDT Large Cap Growth ETF

FLCGNYSE ArcaB

$36.11−0.05 (−0.14%)

At close: Oct 13, 2026, 4:00 PM

B56/ 100

Rank 30 of 90 in US Active Growth

B56/100Rank 30 of 90inUS Active Growth
Intraday session: down, 79 prints from 36.16 to 36.11. Range 35.91 to 36.11. Use the arrow keys to read each point.35.9536.0036.0510 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$692M
1Y total return
+13.9%
Yield · Last 12 months
0.04%
Holdings
102
Avg volume · 30D
0.1M sh
NAV per share
$36.36
52W range
low $28.69high $36.73
Launched
Filings
SEC EDGAR

The ETF.net FLCG Grade

Based on 5 of 6 pillars

B

Score 56 out of 100

Category
US Active Growth⁠
Rank
30 of 90
Six-pillar profile for FLCG. Scores out of 100: Cost 58, Risk 52, Mission not scored, Tradability 58, Holdings 54, Durability 69. Strongest: Durability (69). Weakest: Risk (52). Based on 5 of 6 pillars.

Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B58 out of 100
    Rank 38 of 90

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 33 of 82

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 33 of 90

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C54 out of 100
    Rank 48 of 89

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B69 out of 100
    Rank 29 of 90

Our read on FLCG

ETF.net Research

BA quant shop's crack at large-cap growth: Federated Hermes' MDT team screens big US companies for higher forecasted growth, and charges less than the typical active US equity fund to do it.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Charges 0.51% a year, below the 0.65% median for active US equity funds. Modest toll for a stock-picking mandate.
  2. 02The mandate is specific, not vague: large-cap US common stocks chosen for higher forecasted growth, with long-term capital appreciation as the stated goal.
  3. 03Has drawn real assets and trades with decent regularity, which keeps it from feeling like a thinly used launch nobody found.
  4. 04Stands in the upper half of a crowded active US equity field on our review, with no structural red flags in the wrapper.

Worth knowing

  1. 01Launched in 2024, so there's only a short window of live risk data. Judging the model on this fund alone means working with thin history.
  2. 02Cheap for active, not cheap outright: top-rated peers like DFAU (0.12%) and FELC (0.18%) undercut it.
  3. 03No published index sits behind it, so what you own reflects the MDT team's model rather than a rulebook you can read in advance.

FLCG Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
102
Top-10 weight
56%
Largest holding
NVDA14.8%

Sectors

  • Technology59.7%
  • Communication15.8%
  • Consumer Discretionary7.8%
  • Industrials7.1%
  • Health Care5.2%
  • Financials2.4%
  • Consumer Staples1.1%
  • Materials0.8%
  • Energy0.2%

Geography

  • United States97.38%
  • Bermuda0.99%
  • Canada0.54%
  • Ireland0.48%
  • Cayman Islands0.28%
  • Australia0.12%
  • Sweden0.11%
  • United Kingdom0.10%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corp14.77%445,856$102M847
002GOOGLAlphabet Inc-Cl A11.87%233,733$82M709
003AAPLApple Inc7.97%163,947$55M715
004MSFTMicrosoft Corp4.65%60,134$32M815
005AVGOBroadcom Inc3.13%59,851$22M754
006TSLATesla Inc3.07%55,543$21M521
007METAMeta Platforms Inc-Class2.82%27,136$20M704
008CRWDCrowdstrike Holdings Inc2.75%69,327$19M472
009ANETArista Networks Inc2.68%85,459$19M509
010MUMicron Technology Inc2.62%17,623$18M679
011LLYEli Lilly & Co2.42%14,206$17M583
012GEVGe Vernova Inc2.20%15,187$15M484
013GEGeneral Electric2.15%48,186$15M405
014FTNTFortinet Inc2.04%72,495$14M468
015FIFiserv Inc1.87%283,095$13M121

Showing 1–15 of 102 holdings

FLCG Performance

Launched Jul 30, 2024

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

Not enough history yet.Not enough history yet.Not enough history yet.
FLCG$11,387
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. FLCG $11,387. SPY $12,044. Use the arrow keys to read each point.$8,868$10,582$12,295Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 FLCG. Periods over one year show the average yearly return.
PeriodFLCG
Year to date+9.3%
1 month+3.6%
3 months+4.5%
1 year+13.9%
3 yearsFund is under 3 years oldper 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 FLCG
YearReturn barFLCG
2026 YTD+9.3%
2025+16.9%
2024+12.9%

History from Jul 31, 2024

FLCG in the news

Filtered to FLCG · US Active Growth

FLCG 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 Oct 12, 2026.
0.04%Last 12 months
Payout per share
$0.02Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 31, 2024 $0.02; Dec 31, 2025 $0.02. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 31, 2025Jan 2, 2026$0.02
Dec 31, 2024Jan 2, 2025$0.02

FLCG Risk

How much the fund’s monthly returns vary, scaled to a year.
15.5%
Annualised · 26 months to Sep 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.
0.86
vs 3-month T-bills · 26 months to Sep 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.
−23.0%
26 months · trough Apr 2025
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.
1.14
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.

FLCG Cost

Expense ratio0.51%
  • The middle half of US Active Growth funds
  • Median 0.56%

37 of the 90 US Active Growth funds charge less.

FLCG costs $51.00 a year on $10,000. The median US Active Growth fund costs $56.50.

Other funds in US Active Growth

See others