FDV vs. SPLV
Compare and contrast key facts about Federated Hermes U.S. Strategic Dividend ETF (FDV) and Invesco S&P 500® Low Volatility ETF (SPLV).
FDV and SPLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDV is an actively managed fund by Federated. It was launched on Nov 15, 2022. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDV or SPLV.
Correlation
The correlation between FDV and SPLV is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDV vs. SPLV - Performance Comparison
Key characteristics
FDV:
0.80
SPLV:
1.04
FDV:
1.15
SPLV:
1.44
FDV:
1.16
SPLV:
1.21
FDV:
0.92
SPLV:
1.49
FDV:
3.46
SPLV:
4.74
FDV:
3.33%
SPLV:
2.86%
FDV:
14.32%
SPLV:
13.06%
FDV:
-16.70%
SPLV:
-36.26%
FDV:
-6.93%
SPLV:
-3.93%
Returns By Period
In the year-to-date period, FDV achieves a 0.83% return, which is significantly lower than SPLV's 3.31% return.
FDV
0.83%
-4.38%
-3.04%
12.54%
N/A
N/A
SPLV
3.31%
-2.33%
1.19%
14.55%
9.40%
9.07%
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FDV vs. SPLV - Expense Ratio Comparison
FDV has a 0.50% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Risk-Adjusted Performance
FDV vs. SPLV — Risk-Adjusted Performance Rank
FDV
SPLV
FDV vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes U.S. Strategic Dividend ETF (FDV) and Invesco S&P 500® Low Volatility ETF (SPLV). 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.
Dividends
FDV vs. SPLV - Dividend Comparison
FDV's dividend yield for the trailing twelve months is around 2.94%, more than SPLV's 1.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDV Federated Hermes U.S. Strategic Dividend ETF | 2.94% | 3.12% | 3.54% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.76% | 1.88% | 2.45% | 2.11% | 1.51% | 2.12% | 2.08% | 2.18% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
FDV vs. SPLV - Drawdown Comparison
The maximum FDV drawdown since its inception was -16.70%, smaller than the maximum SPLV drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for FDV and SPLV. For additional features, visit the drawdowns tool.
Volatility
FDV vs. SPLV - Volatility Comparison
Federated Hermes U.S. Strategic Dividend ETF (FDV) has a higher volatility of 9.50% compared to Invesco S&P 500® Low Volatility ETF (SPLV) at 8.70%. This indicates that FDV's price experiences larger fluctuations and is considered to be riskier than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.