FLCV vs. DTD

Last updated Jun 23, 2026

FLCV (Federated Hermes MDT Large Cap Value ETF) and DTD (WisdomTree U.S. Total Dividend Fund) are both Large Cap Value Equities funds. FLCV is actively managed, while DTD is passively managed. Over the past year, FLCV returned 25.64% vs 22.30% for DTD. Their correlation of 0.91 suggests significant overlap in exposure. FLCV charges 0.32%/yr vs 0.28%/yr for DTD.

Performance

FLCV vs. DTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Value ETF (FLCV) and WisdomTree U.S. Total Dividend Fund (DTD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLCV achieves a 14.52% return, which is significantly higher than DTD's 10.39% return.

FLCV

• 1D: 0.40%
• 1M: 2.97%
• YTD: 14.52%
• 6M: 13.75%
• 1Y: 25.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DTD

• 1D: 0.15%
• 1M: 0.37%
• YTD: 10.39%
• 6M: 9.86%
• 1Y: 22.30%
• 3Y*: 17.90%
• 5Y*: 12.27%
• 10Y*: 12.37%

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

FLCV vs. DTD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLCV Federated Hermes MDT Large Cap Value ETF	14.52%	15.64%	5.96%
DTD WisdomTree U.S. Total Dividend Fund	10.39%	14.25%	4.45%

Correlation

The correlation between FLCV and DTD is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jul 31, 2024	0.91

The correlation between FLCV and DTD has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

FLCV vs. DTD - Sectors Allocation Comparison

Sectors	FLCV	DTD
Technology	20.3%	20.9%
Financial Services	17.2%	18.2%
Industrials	12.7%	8.4%
Healthcare	11.7%	11.5%
Consumer Cyclical	9.9%	5.5%
Communication Services	7.7%	7.2%
Energy	5.4%	7.8%
Consumer Defensive	5.2%	8.4%
Utilities	4.0%	5.5%
Basic Materials	3.2%	1.5%
Real Estate	2.9%	5.1%

Return for Risk

FLCV vs. DTD — Risk / Return Rank

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

FLCV

FLCV Risk / Return Rank: 76
FLCV Sharpe Ratio Rank: 72
FLCV Sortino Ratio Rank: 73
FLCV Omega Ratio Rank: 68
FLCV Calmar Ratio Rank: 85
FLCV Martin Ratio Rank: 84

DTD

DTD Risk / Return Rank: 77
DTD Sharpe Ratio Rank: 78
DTD Sortino Ratio Rank: 79
DTD Omega Ratio Rank: 76
DTD Calmar Ratio Rank: 73
DTD Martin Ratio Rank: 78

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.

FLCV vs. DTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Value ETF (FLCV) and WisdomTree U.S. Total Dividend Fund (DTD). 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.

	FLCV	DTD	Difference
Sharpe ratio: Return per unit of total volatility	2.22	2.38	-0.16
Sortino ratio: Return per unit of downside risk	3.15	3.36	-0.21
Omega ratio: Gain probability vs. loss probability	1.39	1.43	-0.04
Calmar ratio: Return relative to maximum drawdown	4.52	3.55	+0.97
Martin ratio: Return relative to average drawdown	16.83	14.68	+2.15

FLCV vs. DTD - Sharpe Ratio Comparison

The current FLCV Sharpe Ratio is 2.22, which is comparable to the DTD Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of FLCV and DTD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FLCV vs. DTD - Drawdown Comparison

The maximum FLCV drawdown since its inception was -15.93%, smaller than the maximum DTD drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for FLCV and DTD.

Drawdown Indicators

	FLCV	DTD	Difference
Max Drawdown Largest peak-to-trough decline	-15.93%	-58.19%	+42.26%
Max Drawdown (1Y) Largest decline over 1 year	-5.70%	-6.30%	+0.60%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.29%	—
Current Drawdown Current decline from peak	-0.14%	-0.92%	+0.78%
Average Drawdown Average peak-to-trough decline	-2.01%	-7.32%	+5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	1.52%	+0.01%

Volatility

FLCV vs. DTD - Volatility Comparison

Federated Hermes MDT Large Cap Value ETF (FLCV) has a higher volatility of 3.60% compared to WisdomTree U.S. Total Dividend Fund (DTD) at 2.66%. This indicates that FLCV's price experiences larger fluctuations and is considered to be riskier than DTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLCV	DTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	2.66%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	7.13%	+1.42%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	9.43%	+2.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.95%	13.57%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.95%	16.22%	-1.27%

FLCV vs. DTD - Expense Ratio Comparison

FLCV has a 0.32% expense ratio, which is higher than DTD's 0.28% expense ratio.

Dividends

FLCV vs. DTD - Dividend Comparison

FLCV's dividend yield for the trailing twelve months is around 0.72%, less than DTD's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTD WisdomTree U.S. Total Dividend Fund	1.86%	1.99%	2.07%	2.43%	2.62%	2.04%	2.73%	2.50%	2.93%	2.36%	2.66%	2.81%
FLCV Federated Hermes MDT Large Cap Value ETF	0.72%	0.83%	0.24%	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 FLCV and DTD in my portfolio?

FLCV and DTD have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLCV or DTD?

FLCV has higher volatility (3.60%) compared to DTD (2.66%). In terms of maximum drawdown, FLCV dropped -15.93% vs DTD's -58.19%.

Which ETF is better, FLCV or DTD?

On 1-year performance, FLCV leads with 25.64% vs 22.30% for DTD. On fees, DTD is cheaper at 0.28% per year. On volatility, DTD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLCV or DTD?

Over the 1-year period, FLCV has performed better with a 25.64% return vs 22.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLCV or DTD?

DTD is cheaper with a 0.28% expense ratio, compared with 0.32% for FLCV.

Which ETF pays a higher dividend yield, FLCV or DTD?

DTD has the higher dividend yield at 1.86%, compared with 0.72% for FLCV.

What is the main difference between FLCV and DTD?

They also come from different issuers: Federated Hermes and WisdomTree. Their fees differ too: 0.32% for FLCV and 0.28% for DTD.

Which has better risk-adjusted returns?

DTD currently has the higher Sharpe Ratio (2.38 vs 2.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.