FLCG vs. FITZ

Last updated Jun 5, 2026

FLCG (Federated Hermes MDT Large Cap Growth ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. FLCG charges 0.39%/yr vs 0.75%/yr for FITZ.

Performance

FLCG vs. FITZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Growth ETF (FLCG) and Fitz-Gerald Must Have Portfolio ETF (FITZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLCG

• 1D: -0.17%
• 1M: 3.10%
• YTD: 4.66%
• 6M: 4.93%
• 1Y: 20.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FITZ

• 1D: -0.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLCG vs. FITZ - Yearly Performance Comparison

	2026 (YTD)
FLCG Federated Hermes MDT Large Cap Growth ETF	-0.29%
FITZ Fitz-Gerald Must Have Portfolio ETF	-1.66%

Correlation

The correlation between FLCG and FITZ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.30

Return for Risk

FLCG vs. FITZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLCG

FLCG Risk / Return Rank: 34
FLCG Sharpe Ratio Rank: 37
FLCG Sortino Ratio Rank: 36
FLCG Omega Ratio Rank: 36
FLCG Calmar Ratio Rank: 28
FLCG Martin Ratio Rank: 32

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLCG vs. FITZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Growth ETF (FLCG) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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.

	FLCG	FITZ	Difference
Sharpe ratio: Return per unit of total volatility	1.30	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.33	—	—
Martin ratio: Return relative to average drawdown	4.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FLCG	FITZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	-7.29	+8.20

Drawdowns

FLCG vs. FITZ - Drawdown Comparison

The maximum FLCG drawdown since its inception was -22.95%, which is greater than FITZ's maximum drawdown of -1.97%. Use the drawdown chart below to compare losses from any high point for FLCG and FITZ.

Drawdown Indicators

	FLCG	FITZ	Difference
Max Drawdown Largest peak-to-trough decline	-22.95%	-1.97%	-20.98%
Max Drawdown (1Y) Largest decline over 1 year	-15.07%	—	—
Current Drawdown Current decline from peak	-2.01%	-1.97%	-0.04%
Average Drawdown Average peak-to-trough decline	-3.63%	-1.08%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.41%	—	—

Volatility

Volatility by Period

	FLCG	FITZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.43%	8.74%	+6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.09%	8.74%	+12.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.09%	8.74%	+12.35%

FLCG vs. FITZ - Expense Ratio Comparison

FLCG has a 0.39% expense ratio, which is lower than FITZ's 0.75% expense ratio.

Dividends

FLCG vs. FITZ - Dividend Comparison

FLCG's dividend yield for the trailing twelve months is around 0.05%, while FITZ has not paid dividends to shareholders.

Position	TTM	2025	2024
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%	0.00%	0.00%
FLCG Federated Hermes MDT Large Cap Growth ETF	0.05%	0.05%	0.06%

Frequently Asked Questions

Can I hold both FLCG and FITZ in my portfolio?

FLCG and FITZ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLCG or FITZ?

On fees, FLCG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLCG or FITZ?

FLCG is cheaper with a 0.39% expense ratio, compared with 0.75% for FITZ.

Which ETF pays a higher dividend yield, FLCG or FITZ?

FLCG has the higher dividend yield at 0.05%, compared with 0.00% for FITZ.

What is the main difference between FLCG and FITZ?

They also come from different issuers: Federated Hermes and Nicholas. Their fees differ too: 0.39% for FLCG and 0.75% for FITZ.