Federated Hermes U.S. Strategic Dividend ETF·Financial Services

Geopolitical conflicts are creating uncertainty in the markets. There is nothing markets dislike more than uncertainty, which is why there is so much volatility.

FDV is an actively managed large-cap dividend ETF comprised of about 50 U.S. securities. Its net expense ratio is 0.50% and the fund has $612M in assets under management. Underpinning the strategy is the belief that high-dividend stocks will outperform the market with less volatility over the long run. Managers cite research over the last 50 years as support. While FDV has struggled to keep up with similar-yielding peers since its November 2022 launch, a material improvement in its portfolio-level earnings growth rate is a reason to be optimistic.

Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV - Get Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 85,031 shares, an increase of 60.1% from the December 15th total of 53,113 shares. Currently, 0.4% of the shares of the stock are
The fund pursues its investment objective by investing primarily in high dividend-paying common stocks of U.S. issuers with dividend growth potential. The Advisor 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.
Financial Services
Asset Management
2022-11-16
0.62
Market Peers





