FLCV vs. USMV ETF Comparison

Comparison of Trust Federated Hermes MDT Large Cap Value ETF (FLCV) to iShares MSCI USA Minimum Volatility ETF (USMV)

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap and value investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.91

Average Daily Volume

2,185

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	FLCV	USMV
30 Days	5.48%	1.70%
60 Days	7.84%	2.42%
90 Days	10.69%	4.02%
12 Months		25.63%

44 Overlapping Holdings

Symbol	Grade	Weight in FLCV	Weight in USMV	Overlap
ABBV	D	2.06%	1.04%	1.04%
ABT	B	0.76%	0.09%	0.09%
ACGL	D	0.09%	0.68%	0.09%
ALNY	D	0.03%	0.22%	0.03%
AMGN	D	0.68%	0.59%	0.59%
AON	A	0.88%	0.53%	0.53%
BRK.A	B	0.87%	1.55%	0.87%
CI	F	0.33%	0.21%	0.21%
CL	D	1.4%	0.41%	0.41%
CMCSA	B	0.86%	0.39%	0.39%
CVX	A	0.75%	0.34%	0.34%
DUK	C	0.11%	1.49%	0.11%
EA	A	1.27%	0.89%	0.89%
ED	D	0.55%	1.13%	0.55%
ELV	F	0.41%	0.52%	0.41%
EOG	A	1.57%	0.17%	0.17%
GDDY	A	2.48%	1.0%	1.0%
GILD	C	1.65%	0.94%	0.94%
HIG	B	1.18%	0.12%	0.12%
HUM	C	0.22%	0.4%	0.22%
IBM	C	0.26%	1.66%	0.26%
ICE	C	1.18%	0.28%	0.28%
INCY	C	0.94%	0.53%	0.53%
JNJ	D	2.32%	1.18%	1.18%
KMB	D	1.9%	0.21%	0.21%
KR	B	1.16%	0.61%	0.61%
MCD	D	0.16%	1.25%	0.16%
MPC	D	0.83%	0.54%	0.54%
MRK	F	0.16%	1.01%	0.16%
NEM	D	0.78%	0.46%	0.46%
NOC	D	0.16%	1.43%	0.16%
NTAP	C	0.27%	0.22%	0.22%
OTIS	C	1.43%	0.07%	0.07%
PEP	F	0.73%	1.01%	0.73%
PGR	A	1.47%	1.67%	1.47%
PSX	C	0.46%	0.06%	0.06%
REGN	F	0.25%	0.59%	0.25%
T	A	0.59%	0.74%	0.59%
TJX	A	0.46%	0.45%	0.45%
TRV	B	1.84%	1.15%	1.15%
UNH	C	1.1%	1.34%	1.1%
VZ	C	0.15%	1.35%	0.15%
WEC	A	0.42%	0.78%	0.42%
WM	A	1.07%	1.44%	1.07%

FLCV Overweight 76 Positions Relative to USMV

Symbol	Grade	Weight
VLTO	D	2.54%
PRU	A	2.52%
AMP	A	2.5%
PM	B	2.44%
IBKR	A	2.24%
GEV	B	2.01%
FTNT	C	1.82%
EXC	C	1.63%
LNG	B	1.5%
STT	A	1.49%
BK	A	1.47%
ALSN	B	1.47%
PPG	F	1.35%
HPE	B	1.3%
TT	A	1.29%
APP	B	1.28%
NTNX	A	1.27%
SLG	B	1.26%
UNP	C	1.22%
SBAC	D	1.22%
SN	D	1.16%
NTRS	A	1.14%
KRC	C	1.13%
ZM	B	1.12%
TDG	D	1.08%
JPM	A	0.99%
GAP	C	0.96%
ILMN	D	0.86%
BERY	B	0.85%
WFC	A	0.85%
DVN	F	0.83%
CAT	B	0.82%
QCOM	F	0.82%
ELAN	D	0.81%
RCL	A	0.74%
BPOP	B	0.72%
PVH	C	0.66%
AAP	C	0.62%
VST	B	0.56%
MAN	D	0.55%
FMC	D	0.54%
CAH	B	0.52%
NUE	C	0.48%
EBAY	D	0.45%
CRBG	B	0.37%
BIIB	F	0.34%
CNC	D	0.32%
FNF	B	0.32%
ZTS	D	0.32%
GE	D	0.31%
OMC	C	0.3%
TFX	F	0.27%
TAP	C	0.26%
DXC	B	0.23%
AA	B	0.23%
ETN	A	0.23%
CEG	D	0.2%
PNR	A	0.18%
XRAY	F	0.18%
GLPI	C	0.18%
PAYC	B	0.16%
GM	B	0.15%
EIX	B	0.15%
PFG	D	0.14%
DTM	B	0.13%
UAL	A	0.12%
HCA	F	0.1%
AGCO	D	0.1%
FTI	A	0.08%
SNX	C	0.07%
DIS	B	0.05%
CHRW	C	0.05%
LDOS	C	0.05%
MMM	D	0.04%
QRVO	F	0.03%
TGT	F	0.03%

FLCV Underweight 126 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
MSI	B	-1.81%
WMT	A	-1.78%
WCN	A	-1.56%
RSG	A	-1.55%
CSCO	B	-1.47%
CB	C	-1.47%
APH	A	-1.44%
TXN	C	-1.39%
SO	D	-1.35%
MCK	B	-1.35%
MSFT	F	-1.34%
ORCL	B	-1.31%
ROP	B	-1.3%
ACN	C	-1.29%
AJG	B	-1.27%
LLY	F	-1.25%
PG	A	-1.23%
AVGO	D	-1.19%
MMC	B	-1.11%
AAPL	C	-0.99%
AZO	C	-0.98%
V	A	-0.9%
FCNCA	A	-0.88%
CBOE	B	-0.85%
LMT	D	-0.82%
K	A	-0.8%
CTSH	B	-0.76%
NOW	A	-0.75%
TSN	B	-0.71%
MA	C	-0.7%
VRTX	F	-0.69%
FI	A	-0.69%
ORLY	B	-0.68%
COR	B	-0.67%
NVDA	C	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
FICO	B	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
BDX	F	-0.56%
KEYS	A	-0.55%
FANG	D	-0.55%
FFIV	B	-0.55%
CME	A	-0.53%
PTC	A	-0.52%
YUM	B	-0.5%
BMY	B	-0.49%
XEL	A	-0.46%
UBER	D	-0.45%
JNPR	F	-0.45%
XOM	B	-0.45%
MDLZ	F	-0.44%
WDAY	B	-0.43%
EG	C	-0.43%
ERIE	D	-0.42%
VRSK	A	-0.42%
CHD	B	-0.4%
BAH	F	-0.39%
AEP	D	-0.39%
AKAM	D	-0.39%
KHC	F	-0.38%
WTW	B	-0.38%
CTVA	C	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
AFG	A	-0.35%
GEN	B	-0.35%
CDW	F	-0.35%
MKL	A	-0.34%
GRMN	B	-0.33%
CPB	D	-0.33%
AIZ	A	-0.32%
NBIX	C	-0.32%
WMB	A	-0.31%
WRB	A	-0.31%
GLW	B	-0.31%
FWONK	B	-0.31%
HSY	F	-0.3%
HD	A	-0.3%
ANET	C	-0.29%
L	A	-0.28%
HON	B	-0.25%
AEE	A	-0.24%
HUBS	A	-0.24%
ADI	D	-0.23%
D	C	-0.23%
AZPN	A	-0.23%
BMRN	D	-0.22%
HRL	D	-0.21%
TW	A	-0.2%
DTE	C	-0.2%
PKG	A	-0.2%
PFE	D	-0.2%
DPZ	C	-0.19%
CRWD	B	-0.19%
CMS	C	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
MOH	F	-0.18%
SNPS	B	-0.18%
HOLX	D	-0.16%
LIN	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
AMZN	C	-0.14%
MDT	D	-0.13%
DELL	C	-0.12%
OXY	D	-0.12%
DGX	A	-0.11%
KO	D	-0.1%
LNT	A	-0.1%
RTX	C	-0.09%
ADP	B	-0.09%
TEL	B	-0.07%
ATO	A	-0.06%
FSLR	F	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
BR	A	-0.05%
CRM	B	-0.05%
GD	F	-0.05%
ULTA	F	-0.04%
CVS	D	-0.04%