IPDP vs. FDV ETF Comparison

Comparison of Dividend Performers ETF (IPDP) to Federated Hermes U.S. Strategic Dividend ETF (FDV)

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$20.77

Average Daily Volume

1,324

Number of Holdings ^*

* 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

$28.28

Average Daily Volume

50,208

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPDP	FDV
30 Days	5.99%	0.92%
60 Days	7.03%	1.78%
90 Days	8.82%	4.61%
12 Months	33.16%	25.77%

3 Overlapping Holdings

Symbol	Grade	Weight in IPDP	Weight in FDV	Overlap
CSCO	B	2.32%	2.27%	2.27%
JNJ	D	2.02%	2.19%	2.02%
UPS	C	1.88%	1.9%	1.88%

IPDP Overweight 47 Positions Relative to FDV

Symbol	Grade	Weight
CAH	B	2.37%
ACN	C	2.36%
AIT	A	2.34%
SYK	C	2.33%
AMP	A	2.32%
TT	A	2.31%
SNA	A	2.31%
HNI	B	2.3%
GWW	B	2.29%
ADP	B	2.29%
COR	B	2.28%
SEIC	B	2.28%
HIG	B	2.27%
TRV	B	2.27%
CTAS	B	2.27%
BRO	B	2.27%
MCK	B	2.26%
APOG	B	2.26%
BRC	D	2.25%
AAPL	C	2.25%
ABM	B	2.24%
UNH	C	2.23%
ABT	B	2.23%
ETN	A	2.22%
RGA	A	2.2%
DOV	A	2.2%
APH	A	2.17%
ECL	D	2.16%
MMC	B	2.16%
IEX	B	2.14%
DCI	B	2.09%
TROW	B	2.04%
WTS	B	1.99%
LECO	B	1.87%
A	D	1.78%
AOS	F	1.74%
MSI	B	1.72%
KLAC	D	1.68%
GPC	D	1.67%
QCOM	F	1.6%
MRK	F	1.52%
NSP	D	1.52%
ELV	F	1.51%
AVGO	D	0.25%
HD	A	0.24%
HPQ	B	0.23%
CSX	B	0.22%

IPDP Underweight 48 Positions Relative to FDV

Symbol	Grade	Weight
MS	A	-3.87%
CVX	A	-3.28%
PNC	B	-3.28%
GILD	C	-3.06%
TGT	F	-3.05%
BMY	B	-2.81%
SO	D	-2.74%
AMGN	D	-2.71%
DUK	C	-2.69%
EVRG	A	-2.51%
PEP	F	-2.46%
ETR	B	-2.44%
VZ	C	-2.4%
USB	A	-2.4%
PM	B	-2.38%
LYB	F	-2.34%
KIM	A	-2.32%
KVUE	A	-2.22%
WEC	A	-2.05%
DRI	B	-2.04%
BK	A	-1.96%
PAYX	C	-1.96%
TXN	C	-1.95%
TFC	A	-1.93%
PLD	D	-1.91%
CLX	B	-1.89%
AEP	D	-1.88%
ABBV	D	-1.84%
KO	D	-1.81%
O	D	-1.8%
NEE	D	-1.73%
NNN	D	-1.67%
PFE	D	-1.61%
XOM	B	-1.56%
AMCR	D	-1.46%
BBY	D	-1.45%
PPL	B	-1.4%
CMCSA	B	-1.36%
MSM	C	-1.17%
HSY	F	-1.06%
VLO	C	-1.01%
GLW	B	-1.0%
IPG	D	-0.94%
JPM	A	-0.92%
EOG	A	-0.9%
KMB	D	-0.85%
HRL	D	-0.71%
CAG	D	-0.65%