FLCV vs. LSVD

Last updated Jun 23, 2026

FLCV (Federated Hermes MDT Large Cap Value ETF) and LSVD (LSV Disciplined Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, FLCV returned 25.64% vs 39.73% for LSVD. Their correlation of 0.83 suggests significant overlap in exposure. FLCV charges 0.32%/yr vs 0.40%/yr for LSVD.

Performance

FLCV vs. LSVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes MDT Large Cap Value ETF (FLCV) and LSV Disciplined Value ETF (LSVD). 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 lower than LSVD's 15.72% return.

FLCV

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

LSVD

• 1D: -0.36%
• 1M: 0.57%
• YTD: 15.72%
• 6M: 15.13%
• 1Y: 39.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLCV vs. LSVD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLCV Federated Hermes MDT Large Cap Value ETF	14.52%	15.64%	-1.93%
LSVD LSV Disciplined Value ETF	15.72%	22.29%	-2.62%

Correlation

The correlation between FLCV and LSVD is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.83

The correlation between FLCV and LSVD has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

FLCV vs. LSVD - Sectors Allocation Comparison

Sectors	FLCV	LSVD
Technology	20.3%	38.9%
Financial Services	17.2%	11.5%
Industrials	12.7%	4.4%
Healthcare	11.7%	11.2%
Consumer Cyclical	9.9%	11.6%
Communication Services	7.7%	14.3%
Energy	5.4%	1.7%
Consumer Defensive	5.2%	2.8%
Utilities	4.0%	0.8%
Basic Materials	3.2%	1.5%
Real Estate	2.9%	1.2%

Return for Risk

FLCV vs. LSVD — 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

LSVD

LSVD Risk / Return Rank: 90
LSVD Sharpe Ratio Rank: 91
LSVD Sortino Ratio Rank: 91
LSVD Omega Ratio Rank: 89
LSVD Calmar Ratio Rank: 88
LSVD Martin Ratio Rank: 92

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. LSVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Large Cap Value ETF (FLCV) and LSV Disciplined Value ETF (LSVD). 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	LSVD	Difference
Sharpe ratio: Return per unit of total volatility	2.22	3.03	-0.80
Sortino ratio: Return per unit of downside risk	3.15	4.06	-0.90
Omega ratio: Gain probability vs. loss probability	1.39	1.53	-0.14
Calmar ratio: Return relative to maximum drawdown	4.52	4.94	-0.42
Martin ratio: Return relative to average drawdown	16.83	21.76	-4.93

FLCV vs. LSVD - Sharpe Ratio Comparison

The current FLCV Sharpe Ratio is 2.22, which is comparable to the LSVD Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of FLCV and LSVD, 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. LSVD - Drawdown Comparison

The maximum FLCV drawdown since its inception was -15.93%, smaller than the maximum LSVD drawdown of -19.30%. Use the drawdown chart below to compare losses from any high point for FLCV and LSVD.

Drawdown Indicators

	FLCV	LSVD	Difference
Max Drawdown Largest peak-to-trough decline	-15.93%	-19.30%	+3.37%
Max Drawdown (1Y) Largest decline over 1 year	-5.70%	-8.07%	+2.37%
Current Drawdown Current decline from peak	-0.14%	-2.32%	+2.18%
Average Drawdown Average peak-to-trough decline	-2.01%	-2.49%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	1.83%	-0.30%

Volatility

FLCV vs. LSVD - Volatility Comparison

The current volatility for Federated Hermes MDT Large Cap Value ETF (FLCV) is 3.60%, while LSV Disciplined Value ETF (LSVD) has a volatility of 4.68%. This indicates that FLCV experiences smaller price fluctuations and is considered to be less risky than LSVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLCV	LSVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	4.68%	-1.08%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	10.24%	-1.69%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	13.22%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.95%	17.64%	-2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.95%	17.64%	-2.69%

FLCV vs. LSVD - Expense Ratio Comparison

FLCV has a 0.32% expense ratio, which is lower than LSVD's 0.40% expense ratio.

Dividends

FLCV vs. LSVD - Dividend Comparison

FLCV's dividend yield for the trailing twelve months is around 0.72%, more than LSVD's 0.28% yield.

Position	TTM	2025	2024
FLCV Federated Hermes MDT Large Cap Value ETF	0.72%	0.83%	0.24%
LSVD LSV Disciplined Value ETF	0.28%	0.32%	0.00%

Frequently Asked Questions

Can I hold both FLCV and LSVD in my portfolio?

FLCV and LSVD have a correlation of 0.81, 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 LSVD?

LSVD has higher volatility (4.68%) compared to FLCV (3.60%). In terms of maximum drawdown, FLCV dropped -15.93% vs LSVD's -19.30%.

Which ETF is better, FLCV or LSVD?

On 1-year performance, LSVD leads with 39.73% vs 25.64% for FLCV. On fees, FLCV is cheaper at 0.32% per year. On volatility, FLCV has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLCV or LSVD?

Over the 1-year period, LSVD has performed better with a 39.73% return vs 25.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLCV or LSVD?

FLCV is cheaper with a 0.32% expense ratio, compared with 0.40% for LSVD.

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

FLCV has the higher dividend yield at 0.72%, compared with 0.28% for LSVD.

What is the main difference between FLCV and LSVD?

They also come from different issuers: Federated Hermes and LSV. Their fees differ too: 0.32% for FLCV and 0.40% for LSVD.

Which has better risk-adjusted returns?

LSVD currently has the higher Sharpe Ratio (3.03 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.