FDV vs HIDV

FDVBFederated Hermes U.S. Strategic Dividend ETF

HIDVAAB US High Dividend ETF

In short

FDV A dividend playbook Federated Hermes has run in mutual fund form since 2005, now wrapped in an ETF: about 50 high-dividend U.S. stocks screened for dividend growth, paying monthly. 0.50% net of a waiver through January 1, 2027.

HIDV HIDV hunts dividends without wandering off the map: an active, systematic screen on value, quality and momentum, wrapped around S&P 500-like market participation. Income tilt, core-equity shape.

Stated mandate

FDV 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.

HIDV HIDV is an active U.S. equity ETF seeking core U.S. equity exposure, attractive dividend income, and capital appreciation. Its systematic process is designed to identify dividend opportunities while maintaining diversified, market-like participation.

Why people hold it

• FDV The mandate is specific: U.S. common stocks yielding more than the S&P 500 average, screened for dividend growth potential. Income with a quality filter, not a pure yield grab.federatedhermes.com
• Cash lands monthly rather than the quarterly rhythm common in dividend funds, and the book stays concentrated at about 50 names, so individual holdings carry real weight.federatedhermes.com
• In a crowded field of roughly 40 active U.S. dividend-income ETFs, it stands among the stronger implementations in the group.

• HIDV Charges 0.35%, well under the 0.55% median for active US dividend funds, and undercuts active peers like TDVG (0.50%) and BGIG (0.45%).
• Stock picking is systematic, not vibes: AB advertises value, quality and momentum as the levers. You can see what drives the portfolio.alliancebernstein.com
• Roughly 110 US names measured against the S&P 500, so the income tilt sits inside diversified core exposure rather than a narrow yield corner. Pays quarterly.
• Stacks up as one of the stronger builds among the three dozen-odd active dividend-income ETFs we track.

Worth knowing

• FDV At 0.50% net of a waiver through January 1, 2027 (0.61% gross) it sits near the category median, but cheaper active rivals exist: VUS at 0.25%, CGDV at 0.33%, HIDV at 0.35%.
• High-yield screens tilt the book toward income-heavy value sectors, away from the growth names leading the S&P 500 (its own benchmark), so results can diverge from the index.federatedhermes.com
• The ETF launched in 2022, so its own live record is short even if the underlying approach is older, and it trades at moderate volume, which makes limit orders the sensible habit.

• HIDV A smaller, thinly traded fund. Spreads can be wider than the category giants, so limit orders matter more here.
• Launched in 2023, so the live record is short relative to older dividend franchises.
• Fully invested US stock fund with no downside cushion. A dividend tilt is not a shock absorber when the market drops.

Full FDV profile⁠

Full HIDV profile⁠