FDL vs. FDV ETF Comparison

Comparison of First Trust Morningstar ETF (FDL) to Federated Hermes U.S. Strategic Dividend ETF (FDV)

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.83

Average Daily Volume

361,610

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FDV

Federated Hermes U.S. Strategic Dividend ETF

FDV Description

Federated Hermes U.S. Strategic Dividend ETF is an exchange traded fund launched by Federated Hermes, Inc. It is co-managed by Federated Equity Management Company of Pennsylvania. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Federated Hermes U.S. Strategic Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.06

Average Daily Volume

40,874

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDL	FDV
30 Days	1.78%	0.32%
60 Days	3.28%	1.63%
90 Days	5.24%	3.83%
12 Months	32.24%	24.83%

22 Overlapping Holdings

Symbol	Grade	Weight in FDL	Weight in FDV	Overlap
ABBV	F	6.79%	1.84%	1.84%
AEP	C	1.21%	1.88%	1.21%
BBY	D	0.49%	1.45%	0.49%
CAG	F	0.41%	0.65%	0.41%
CLX	A	0.43%	1.89%	0.43%
CVX	A	9.22%	3.28%	3.28%
DUK	C	2.18%	2.69%	2.18%
ETR	B	0.82%	2.44%	0.82%
EVRG	A	0.44%	2.51%	0.44%
GILD	C	3.11%	3.06%	3.06%
IPG	D	0.33%	0.94%	0.33%
KMB	C	1.08%	0.85%	0.85%
LYB	F	0.87%	2.34%	0.87%
MSM	C	0.11%	1.17%	0.11%
PFE	F	5.94%	1.61%	1.61%
PM	B	5.87%	2.38%	2.38%
PNC	B	2.12%	3.28%	2.12%
TFC	A	2.19%	1.93%	1.93%
UPS	C	3.49%	1.9%	1.9%
USB	A	2.44%	2.4%	2.4%
VZ	C	7.42%	2.4%	2.4%
WEC	A	0.76%	2.05%	0.76%

FDL Overweight 78 Positions Relative to FDV

Symbol	Grade	Weight
MO	A	4.96%
IBM	C	4.35%
CVS	D	2.33%
KMI	A	2.06%
OKE	A	1.96%
F	C	1.78%
PRU	A	1.46%
FANG	C	1.25%
DOW	F	1.23%
EXC	C	1.04%
XEL	A	0.93%
KHC	F	0.91%
TROW	B	0.9%
EIX	B	0.83%
FITB	B	0.78%
HBAN	A	0.78%
RF	A	0.75%
STT	B	0.67%
KEY	B	0.66%
CFG	B	0.64%
ES	C	0.64%
FE	C	0.57%
AEE	A	0.54%
OMF	A	0.42%
K	A	0.42%
FNF	B	0.37%
LNT	A	0.35%
CMA	B	0.33%
WHR	B	0.33%
CNH	C	0.32%
FHN	A	0.31%
SJM	D	0.31%
SWK	D	0.31%
PNW	A	0.29%
BEN	C	0.28%
COLB	B	0.28%
LNC	C	0.26%
OGE	A	0.25%
MTN	C	0.24%
HAS	D	0.24%
ZION	B	0.23%
UGI	C	0.22%
SNV	C	0.21%
WU	F	0.2%
FMC	D	0.19%
JHG	B	0.19%
APAM	B	0.17%
VLY	B	0.17%
FAF	A	0.16%
UBSI	B	0.16%
OZK	B	0.15%
NXST	C	0.15%
POR	C	0.14%
FIBK	B	0.14%
SR	A	0.13%
WEN	D	0.13%
TNL	A	0.13%
FLO	D	0.13%
BKH	A	0.13%
ALE	A	0.12%
CC	C	0.12%
NJR	A	0.12%
ASB	B	0.12%
NWE	B	0.11%
PRGO	C	0.11%
PNM	B	0.11%
FHB	B	0.11%
MAN	F	0.1%
OGS	A	0.1%
AVA	A	0.1%
CATY	B	0.09%
AGR	A	0.09%
SMG	C	0.09%
FHI	B	0.09%
LCII	C	0.08%
CRI	F	0.06%
SIRI	C	0.05%
GEF	A	0.01%

FDL Underweight 29 Positions Relative to FDV

Symbol	Grade	Weight
MS	A	-3.87%
TGT	F	-3.05%
BMY	B	-2.81%
SO	C	-2.74%
AMGN	F	-2.71%
PEP	F	-2.46%
KIM	A	-2.32%
CSCO	B	-2.27%
KVUE	A	-2.22%
JNJ	C	-2.19%
DRI	B	-2.04%
BK	A	-1.96%
PAYX	B	-1.96%
TXN	C	-1.95%
PLD	F	-1.91%
KO	D	-1.81%
O	C	-1.8%
NEE	C	-1.73%
NNN	C	-1.67%
XOM	B	-1.56%
AMCR	C	-1.46%
PPL	A	-1.4%
CMCSA	B	-1.36%
HSY	F	-1.06%
VLO	C	-1.01%
GLW	B	-1.0%
JPM	A	-0.92%
EOG	A	-0.9%
HRL	D	-0.71%