FDV Alternatives & Similar ETFs

Federated Hermes U.S. Strategic Dividend ETF (FDV) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FDV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FDV

FDV charges 0.50% annually. There are 93 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
ILCV	iShares Morningstar Value ETF	0.04%	1.30B	Jun 2004	FDV vs ILCV
SCHV	Schwab U.S. Large-Cap Value ETF	0.04%	15.78B	Dec 2009	FDV vs SCHV
SPYV	SPDR Portfolio S&P 500 Value ETF	0.04%	35.82B	Sep 2000	FDV vs SPYV
IUSV	iShares Core S&P U.S. Value ETF	0.04%	27.02B	Jul 2000	FDV vs IUSV
VTV	Vanguard Value ETF	0.04%	245.00B	Jan 2004	FDV vs VTV

Best Risk-Adjusted Alternatives to FDV

Among 123 ETFs in the Large Cap Value Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	96	9.78B	Apr 2013	FDV vs VLUE
PWV	Invesco Dynamic Large Cap Value ETF	96	1.62B	Mar 2005	FDV vs PWV
AVLV	Avantis U.S. Large Cap Value ETF	94	16.76B	Sep 2021	FDV vs AVLV
SEIV	SEI Enhanced US Large Cap Value Factor ETF	94	956.28M	May 2022	FDV vs SEIV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	94	26.25B	Aug 2013	FDV vs FNDX

Top Performing FDV Alternatives (YTD)

Among 137 ETFs in the Large Cap Value Equities category with YTD return data, the top-performing alternatives shown here go as high as 39.99%.

Symbol	Name	YTD Return	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	39.99%	9.78B	Apr 2013	FDV vs VLUE
CBSE	Clough Select Equity ETF	23.97%	56.12M	Nov 2020	FDV vs CBSE
DIVB	iShares Core Dividend ETF	22.13%	1.59B	Nov 2017	FDV vs DIVB
VFLO	VictoryShares Free Cash Flow ETF	22.09%	8.17B	Jun 2023	FDV vs VFLO
AVLV	Avantis U.S. Large Cap Value ETF	22.07%	16.76B	Sep 2021	FDV vs AVLV

Lowest Volatility Alternatives to FDV

FDV has 14.29% 1-year volatility. There are 122 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.14%.

Symbol	Name	Volatility 1Y	AUM	Inception
KWIN	KraneShares Wahed Alternative Income Index ETF	4.14%	60.27M	Oct 2025	FDV vs KWIN
DLN	WisdomTree U.S. LargeCap Dividend Fund	8.90%	6.21B	Jun 2006	FDV vs DLN
BGIG	Bahl & Gaynor Income Growth ETF	8.97%	342.03M	Sep 2023	FDV vs BGIG
ABEQ	Absolute Select Value ETF	9.08%	142.20M	Jan 2020	FDV vs ABEQ
MDLV	Morgan Dempsey Large Cap Value ETF	9.17%	32.39M	Apr 2023	FDV vs MDLV

Lowest Drawdown Alternatives to FDV

Among 123 ETFs in the Large Cap Value Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -4.05%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PWV	Invesco Dynamic Large Cap Value ETF	-4.05%	1.62B	Mar 2005	FDV vs PWV
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.48B	Mar 2006	FDV vs FDL
MDLV	Morgan Dempsey Large Cap Value ETF	-4.27%	32.39M	Apr 2023	FDV vs MDLV
VMAX	Hartford US Value ETF	-4.93%	48.88M	Dec 2023	FDV vs VMAX
ELCV	Eventide High Dividend ETF	-5.05%	150.61M	Sep 2024	FDV vs ELCV

Other ETFs from Federated

The 3 most viewed Federated ETFs shown here include FHYS, FCSH, FTRB and span 3 categories. AUM among these funds goes as high as $468M.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FHYS	Federated Hermes Short Duration High Yield ETF	High Yield Bonds	83	1.86%	49.20M	Dec 2021	FDV vs FHYS
FCSH	Federated Hermes Short Duration Corporate ETF	Short-Term Bond	69	0.67%	64.60M	Dec 2021	FDV vs FCSH
FTRB	Federated Hermes Total Return Bond ETF	Intermediate Core-Plus Bond	40	0.11%	467.50M	Jan 2024	FDV vs FTRB

Often Compared With FDV

Investors most often compare FDV with CGDV, FDVV, QQQ. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CGDV	Capital Group Dividend Value ETF	Large Cap Value Equities, Dividend	70	13.47%	36.70B	Feb 2022	FDV vs CGDV
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	76	12.35%	9.74B	Sep 2016	FDV vs FDVV
QQQ	Invesco QQQ ETF	Nasdaq-100	53	15.19%	481.14B	Mar 1999	FDV vs QQQ
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	91	22.44%	98.55B	Oct 2011	FDV vs SCHD
KTEC	KraneShares Hang Seng TECH Index ETF	China Equities, Asia Pacific Equities	5	-14.33%	56.66M	Jun 2021	FDV vs KTEC
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Dividend, Large Cap Growth Equities	56	9.02%	16.82B	May 2013	FDV vs DGRW
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	46	13.60%	3.29B	Oct 2012	FDV vs SPHD
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	FDV vs SPY
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Blend Equities	26	8.93%	7.08B	May 2011	FDV vs SPLV
IVV	iShares Core S&P 500 ETF	S&P 500	66	10.73%	894.38B	May 2000	FDV vs IVV
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	65	11.11%	—	—	FDV vs FNILX
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	60	7.89%	40.37B	May 2022	FDV vs JEPQ
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	85	18.49%	13.91B	Mar 2011	FDV vs HDV
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	72	7.50%	7.30B	Dec 2016	FDV vs DIVO
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	88	12.80%	42.05B	Jun 2014	FDV vs DGRO
PREF	Principal Spectrum Preferred Secs Active ETF	Preferred Stock/Convertible Bonds	69	2.08%	1.70B	Jul 2017	FDV vs PREF
GLCC.TO	Global X Gold Producer Equity Covered Call ETF	Derivative Income, Gold, Precious Metals	28	-14.58%	574.94M	Apr 2011	FDV vs GLCC.TO
FSMAX	Fidelity Extended Market Index Fund	Mid Cap Blend Equities	46	15.44%	—	—	FDV vs FSMAX
GCOW	Pacer Global Cash Cows Dividend ETF	Large Cap Value Equities, Dividend	75	10.82%	3.24B	Feb 2016	FDV vs GCOW
QQQI	NEOS Nasdaq-100 High Income ETF	Nasdaq-100, Derivative Income	50	9.56%	13.32B	Jan 2024	FDV vs QQQI

Compare FDV with Any Fund or Stock

Compare FDV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FDV with funds that move differently

Federated Hermes U.S. Strategic Dividend ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDV.

Explore FDV Diversifiers

Federated Hermes U.S. Strategic Dividend ETF (FDV) Alternatives