LSVD vs. FLCV

Last updated Aug 2, 2026

LSVD (LSV Disciplined Value ETF) and FLCV (Federated Hermes MDT Large Cap Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, LSVD returned 37.10% vs 26.87% for FLCV. Their correlation of 0.82 means they have usually moved in the same direction. LSVD charges 0.40%/yr vs 0.32%/yr for FLCV.

Performance

LSVD vs. FLCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Disciplined Value ETF (LSVD) and Federated Hermes MDT Large Cap Value ETF (FLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSVD achieves a 17.97% return, which is significantly lower than FLCV's 18.87% return.

LSVD

• 1D: 1.00%
• 1M: 2.24%
• 6M: 14.59%
• YTD: 17.97%
• 1Y: 37.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.42%

FLCV

• 1D: 0.53%
• 1M: 3.24%
• 6M: 14.98%
• YTD: 18.87%
• 1Y: 26.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.70%

*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)
FLCV Federated Hermes MDT Large Cap Value ETF	$2.44M	$1.83M	$941.78K
LSVD LSV Disciplined Value ETF	$23.96K	$28.04K	$57.70K

LSVD vs. FLCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LSVD LSV Disciplined Value ETF	17.97%	22.29%	-2.62%
FLCV Federated Hermes MDT Large Cap Value ETF	18.87%	15.64%	-1.93%

Correlation

The correlation between LSVD and FLCV is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.82

The correlation between LSVD and FLCV has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.

LSVD vs. FLCV - Sectors Allocation Comparison

Sectors	LSVD	FLCV
Technology	38.8%	20.7%
Communication Services	13.0%	6.8%
Healthcare	12.3%	12.2%
Financial Services	12.1%	18.2%
Consumer Cyclical	11.5%	8.8%
Industrials	4.7%	13.2%
Consumer Defensive	3.3%	5.1%
Energy	1.7%	5.3%
Basic Materials	1.4%	2.8%
Utilities	0.8%	4.1%
Real Estate	0.5%	2.8%

Return for Risk

LSVD vs. FLCV — Risk / Return Rank

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

LSVD

LSVD Risk / Return Rank: 93
LSVD Sharpe Ratio Rank: 94
LSVD Sortino Ratio Rank: 93
LSVD Omega Ratio Rank: 92
LSVD Calmar Ratio Rank: 92
LSVD Martin Ratio Rank: 94

FLCV

FLCV Risk / Return Rank: 91
FLCV Sharpe Ratio Rank: 90
FLCV Sortino Ratio Rank: 90
FLCV Omega Ratio Rank: 88
FLCV Calmar Ratio Rank: 93
FLCV Martin Ratio Rank: 93

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.

LSVD vs. FLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Disciplined Value ETF (LSVD) and Federated Hermes MDT Large Cap Value ETF (FLCV). 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.

	LSVD	FLCV	Difference
Sharpe ratio: Return per unit of total volatility	2.61	2.23	+0.38
Sortino ratio: Return per unit of downside risk	3.54	3.20	+0.34
Omega ratio: Gain probability vs. loss probability	1.45	1.40	+0.06
Calmar ratio: Return relative to maximum drawdown	4.37	4.49	-0.13
Martin ratio: Return relative to average drawdown	18.02	17.56	+0.46

LSVD vs. FLCV - Sharpe Ratio Comparison

The current LSVD Sharpe Ratio is 2.61, which is comparable to the FLCV Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of LSVD and FLCV, 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

LSVD vs. FLCV - Drawdown Comparison

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

Drawdown Indicators

	LSVD	FLCV	Difference
Max Drawdown Largest peak-to-trough decline	-19.30%	-15.93%	-3.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	-5.70%	-2.37%
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-2.46%	-1.92%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.46%	+0.49%

Volatility

LSVD vs. FLCV - Volatility Comparison

LSV Disciplined Value ETF (LSVD) has a higher volatility of 3.56% compared to Federated Hermes MDT Large Cap Value ETF (FLCV) at 2.35%. This indicates that LSVD's price experiences larger fluctuations and is considered to be riskier than FLCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSVD	FLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	2.35%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	10.32%	8.43%	+1.89%
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	11.53%	+1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	14.68%	+2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	14.68%	+2.61%

LSVD vs. FLCV - Expense Ratio Comparison

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

Dividends

LSVD vs. FLCV - Dividend Comparison

LSVD's dividend yield for the trailing twelve months is around 0.27%, less than FLCV's 0.69% yield.

Position	TTM	2025	2024
FLCV Federated Hermes MDT Large Cap Value ETF	0.69%	0.83%	0.24%
LSVD LSV Disciplined Value ETF	0.27%	0.32%	0.00%

Frequently Asked Questions

Can I hold both LSVD and FLCV in my portfolio?

LSVD and FLCV have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSVD or FLCV?

LSVD has higher volatility (3.56%) compared to FLCV (2.35%). In terms of maximum drawdown, LSVD dropped -19.30% vs FLCV's -15.93%.

Which ETF is better, LSVD or FLCV?

On 1-year performance, LSVD leads with 37.10% vs 26.87% for FLCV. On fees, FLCV is cheaper at 0.32% per year. On volatility, FLCV has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LSVD or FLCV?

Over the 1-year period, LSVD has performed better with a 37.10% return vs 26.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LSVD or FLCV?

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

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

FLCV has the higher dividend yield at 0.69%, compared with 0.27% for LSVD.

What is the main difference between LSVD and FLCV?

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

Which has better risk-adjusted returns?

LSVD currently has the higher Sharpe Ratio (2.61 vs 2.23), 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.