FDV vs. AIA

Last updated Aug 6, 2026

FDV (Federated Hermes U.S. Strategic Dividend ETF) and AIA (iShares Asia 50 ETF) are both exchange-traded funds - FDV is a Large Cap Value Equities fund actively managed by Federated, while AIA is a Asia Pacific Equities fund tracking the S&P Asia 50 Index. FDV is actively managed, while AIA is passively managed. Their -0.71 correlation means they have often moved in opposite directions in the past. Both charge a 0.50% expense ratio.

Performance

FDV vs. AIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes U.S. Strategic Dividend ETF (FDV) and iShares Asia 50 ETF (AIA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDV

• 1D: -0.12%
• 1M: 3.58%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AIA

• 1D: -1.15%
• 1M: -2.58%
• 6M: 27.75%
• YTD: 39.99%
• 1Y: 66.70%
• 3Y*: 34.25%
• 5Y*: 12.60%
• 10Y*: 13.43%
• ALL TIME*: 7.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIA iShares Asia 50 ETF	$80.57M	$61.03M	$75.79M
FDV Federated Hermes U.S. Strategic Dividend ETF	$6.49M	$5.37M	$4.28M

FDV vs. AIA - Yearly Performance Comparison

	2026 (YTD)
FDV Federated Hermes U.S. Strategic Dividend ETF	5.67%
AIA iShares Asia 50 ETF	0.80%

Correlation

The correlation between FDV and AIA is -0.71, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 22, 2026	-0.71

FDV vs. AIA - Sectors Allocation Comparison

Sectors	FDV	AIA
Utilities	16.1%	-
Healthcare	14.7%	0.9%
Financial Services	14.4%	20.6%
Consumer Defensive	13.3%	-
Technology	9.5%	57.5%
Real Estate	9.5%	0.5%
Energy	8.7%	0.6%
Consumer Cyclical	7.8%	9.5%
Industrials	2.7%	2.0%
Communication Services	1.8%	7.2%
Basic Materials	1.4%	0.5%

Return for Risk

FDV vs. AIA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AIA

AIA Risk / Return Rank: 80
AIA Sharpe Ratio Rank: 83
AIA Sortino Ratio Rank: 71
AIA Omega Ratio Rank: 77
AIA Calmar Ratio Rank: 88
AIA Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDV vs. AIA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes U.S. Strategic Dividend ETF (FDV) and iShares Asia 50 ETF (AIA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDV	AIA	Difference
Sharpe ratio: Return per unit of total volatility	—	2.12	—
Sortino ratio: Return per unit of downside risk	—	2.60	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	3.98	—
Martin ratio: Return relative to average drawdown	—	12.33	—

Drawdowns

FDV vs. AIA - Drawdown Comparison

The maximum FDV drawdown since its inception was -3.33%, smaller than the maximum AIA drawdown of -60.89%. Use the drawdown chart below to compare losses from any high point for FDV and AIA.

Drawdown Indicators

	FDV	AIA	Difference
Max Drawdown Largest peak-to-trough decline	-3.33%	-60.89%	+57.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-54.64%	—
Current Drawdown Current decline from peak	-1.39%	-9.44%	+8.05%
Average Drawdown Average peak-to-trough decline	-0.98%	-16.60%	+15.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.43%	—

Volatility

Volatility by Period

	FDV	AIA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	28.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.41%	31.68%	-18.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.41%	26.72%	-13.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.41%	24.19%	-10.78%

FDV vs. AIA - Expense Ratio Comparison

Both FDV and AIA have an expense ratio of 0.50%.

Dividends

FDV vs. AIA - Dividend Comparison

FDV's dividend yield for the trailing twelve months is around 0.78%, less than AIA's 1.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIA iShares Asia 50 ETF	1.57%	2.50%	2.78%	2.07%	2.59%	1.54%	1.11%	2.24%	2.49%	1.45%	2.29%	2.88%
FDV Federated Hermes U.S. Strategic Dividend ETF	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDV and AIA in my portfolio?

FDV and AIA have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDV or AIA?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDV or AIA?

FDV and AIA have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, FDV or AIA?

AIA has the higher dividend yield at 1.57%, compared with 0.78% for FDV.

What is the main difference between FDV and AIA?

FDV is categorized as Large Cap Value Equities, while AIA is Asia Pacific Equities. They also come from different issuers: Federated and iShares.