Federated Hermes MDT Large Cap Growth ETF
$35.66−0.32 (−0.88%)
- Expense ratio
- 0.51%
- Fund size
- $646M
- 1Y return
- +9.2%
- Yield · Last 12 months
- 0.04%
- Holdings
- 99
- Volume · 30D
- 0.1M sh
- NAV per share
- $35.91
- 52W range
The ETF.net FLCG Grade
Score 55 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.BScore 58Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 50Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 69Category rank
Our read on FLCG
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.
The Fund seeks long-term capital appreciation.
Why people hold it
- Charges 0.51% a year, below the 0.65% median for active US equity funds. Modest toll for a stock-picking mandate.
- The mandate is specific, not vague: large-cap US common stocks chosen for higher forecasted growth, with long-term capital appreciation as the stated goal.
- Has drawn real assets and trades with decent regularity, which keeps it from feeling like a thinly used launch nobody found.
- Stands in the upper half of a crowded active US equity field on our review, with no structural red flags in the wrapper.
Worth knowing
- Launched 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.
- Cheap for active, not cheap outright: top-rated peers like DFAU (0.12%) and FELC (0.18%) undercut it.
- No 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
- Stocks
- 99
- 58%
- NVDA
Sectors
- Technology59.4%
- Communication16.0%
- Consumer Discr.8.0%
- Industrials6.7%
- Health Care4.6%
- Financials3.1%
- Cons. Staples1.1%
- Materials1.0%
- Energy0.2%
Geography
- United States97.21%
- Bermuda1.13%
- Canada0.57%
- Ireland0.46%
- Cayman Islands0.22%
- Australia0.20%
- Sweden0.11%
- United Kingdom0.10%
FLCG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | FLCG |
|---|---|
| Year to date | +8.8% |
| 1 month | +3.2% |
| 3 months | +8.6% |
| 1 year | +9.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLCG |
|---|---|---|
| 2026 YTD | +8.8% | |
| 2025 | +16.9% | |
| 2024 | +12.9% |
FLCG in the news
ETF.net Research hasn’t filed on FLCG yet — coverage lands here as it’s written.
FLCG Dividends
- 0.04%
- $0.02
- $0.02 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 31, 2025 | Jan 2, 2026 | $0.02 |
| Dec 31, 2024 | Jan 2, 2025 | $0.02 |
FLCG Risk
- 15.9%
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.
- 0.84
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.
- −23.0%
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.
- 1.14
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
- The middle half of US Active Growth funds
- Median 0.56%
37 of the 89 US Active Growth funds charge less.