Federated Hermes MDT Large Cap Value ETF (FLCV) 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 FLCV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLCV
FLCV charges 0.32% annually. There are 49 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 36.23B | Sep 2000 | FLCV vs SPYV | |
| Schwab U.S. Large-Cap Value ETF | 0.04% | 15.73B | Dec 2009 | FLCV vs SCHV | |
| iShares Core S&P U.S. Value ETF | 0.04% | 27.22B | Jul 2000 | FLCV vs IUSV | |
| Vanguard Value ETF | 0.04% | 254.20B | Jan 2004 | FLCV vs VTV | |
| iShares Morningstar Value ETF | 0.04% | 1.32B | Jun 2004 | FLCV vs ILCV |
Best Risk-Adjusted Alternatives to FLCV
FLCV has a PortfoliosLab risk / return rank of 91. There are 45 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Large Cap Value ETF | 97 | 1.72B | Mar 2005 | FLCV vs PWV | |
| iShares MSCI USA Value Factor ETF | 97 | 9.07B | Apr 2013 | FLCV vs VLUE | |
| VictoryShares Free Cash Flow ETF | 96 | 9.18B | Jun 2023 | FLCV vs VFLO | |
| SEI QiM U.S. Large Cap Value Active ETF | 95 | 956.28M | May 2022 | FLCV vs SEIV | |
| iShares Russell Top 200 Value ETF | 95 | 3.98B | Sep 2009 | FLCV vs IWX |
Top Performing FLCV Alternatives (YTD)
FLCV is at 18.87% YTD. There are 24 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 40.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI USA Value Factor ETF | 40.90% | 9.07B | Apr 2013 | FLCV vs VLUE | |
| VictoryShares Free Cash Flow ETF | 26.80% | 9.18B | Jun 2023 | FLCV vs VFLO | |
| iShares Core Dividend ETF | 25.34% | 1.71B | Nov 2017 | FLCV vs DIVB | |
| Bushido Capital US Equity ETF | 23.03% | 479.57M | Sep 2023 | FLCV vs SMRI | |
| Avantis U.S. Large Cap Value ETF | 22.36% | 17.85B | Sep 2021 | FLCV vs AVLV |
Lowest Volatility Alternatives to FLCV
FLCV has 11.53% 1-year volatility. There are 74 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares Wahed Alternative Income Index ETF | 4.04% | 60.32M | Oct 2025 | FLCV vs KWIN | |
| Bahl & Gaynor Income Growth ETF | 8.95% | 342.03M | Sep 2023 | FLCV vs BGIG | |
| WisdomTree U.S. LargeCap Dividend Fund | 9.03% | 6.25B | Jun 2006 | FLCV vs DLN | |
| Absolute Select Value ETF | 9.10% | 143.00M | Jan 2020 | FLCV vs ABEQ | |
| Morgan Dempsey Large Cap Value ETF | 9.17% | 32.39M | Apr 2023 | FLCV vs MDLV |
Lowest Drawdown Alternatives to FLCV
FLCV has a 1-year max drawdown of -5.70%. There are 11 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.05%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Large Cap Value ETF | -4.05% | 1.72B | Mar 2005 | FLCV vs PWV | |
| Morgan Dempsey Large Cap Value ETF | -4.27% | 32.39M | Apr 2023 | FLCV vs MDLV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 7.77B | Mar 2006 | FLCV vs FDL | |
| Hartford US Value ETF | -4.93% | 49.18M | Dec 2023 | FLCV vs VMAX | |
| First Trust Large Cap Value AlphaDEX Fund | -5.13% | 1.40B | May 2007 | FLCV vs FTA |
Other ETFs from Federated
The 9 most viewed Federated ETFs shown here include FDV, FHYS, FCSH and span 11 categories. AUM among these funds goes as high as $799M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes U.S. Strategic Dividend ETF | Large Cap Value Equities | — | — | 799.10M | Nov 2022 | FLCV vs FDV | |
| Federated Hermes Short Duration High Yield ETF | High Yield Bonds | 84 | 1.69% | 51.10M | Dec 2021 | FLCV vs FHYS | |
| Federated Hermes Short Duration Corporate ETF | Short-Term Bond | 68 | 0.48% | 65.50M | Dec 2021 | FLCV vs FCSH | |
| Federated Hermes MDT Market Neutral ETF | Equity Market Neutral, Long-Short, Actively Managed | — | 6.46% | 106.80M | Sep 2025 | FLCV vs MKTN | |
| Federated Hermes MDT Large Cap Core ETF | Large Cap Blend Equities | 50 | 10.61% | 113.30M | Jul 2024 | FLCV vs FLCC | |
| Federated Hermes MDT Small Cap Core ETF | Small Cap Blend Equities | 76 | 17.26% | 309.30M | Jul 2024 | FLCV vs FSCC | |
| Federated Hermes Total Return Bond ETF | Intermediate Core-Plus Bond | 34 | -0.51% | 592.20M | Jan 2024 | FLCV vs FTRB | |
| Federated Hermes MDT Large Cap Growth ETF | Large Cap Growth Equities | 22 | 2.09% | 558.70M | Jul 2024 | FLCV vs FLCG | |
| Federated Hermes Enhanced Income ETF | Derivative Income | — | 15.39% | — | Oct 2025 | FLCV vs PAYR |
Often Compared With FLCV
Investors most often compare FLCV with LSVD, DFRA, ELCV. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FLCV with Any Fund or Stock
Compare FLCV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLCV with funds that move differently
Federated Hermes MDT Large Cap Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLCV.
Explore FLCV Diversifiers