ATLASFederated Hermes U.S. Strategic Dividend ETF (FDV): outlook, holdings and fees
Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund and is managed by Federated. The expense ratio is 0.51% and the yield is 3.11%. The ten largest holdings are 32% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDV
| Last price | $34.51 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $33.86 – $35.53 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 3.11% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDV fund facts
| Issuer | Federated |
|---|---|
| Theme | US large caps |
| Assets under management | $936M |
| Expense ratio | 0.51% |
| Number of holdings | 50 |
| Portfolio turnover | 36% |
| Inception | Nov 15, 2022 |
| Exchange | NYSE |
The fund pursues its investment objective by investing primarily in high dividend-paying common stocks of U.S. issuers with dividend growth potential. The Advisor intends to invest exclusively in U.S. issuers (i.e., companies domiciled and/or with operations in the United States, or listed on U.S.-based exchanges), and generally invests in large-cap or mid-cap stocks.
FDV top holdings
| Holding | Sector | Weight |
|---|---|---|
| Paychex Inc PAYX | Technology | 3.80% |
| PNC Financial Services Group Inc PNC | Financial Services | 3.67% |
| U.S. Bancorp USB | Financial Services | 3.56% |
| Chevron Corp CVX | Energy | 3.32% |
| WEC Energy Group Inc WEC | Utilities | 3.00% |
| Amgen Inc AMGN | Healthcare | 2.99% |
| PepsiCo Inc PEP | Consumer Defensive | 3.15% |
| Medtronic PLC MDT | Healthcare | 2.87% |
| AbbVie Inc ABBV | Healthcare | 2.98% |
| Prologis Inc PLD | Real Estate | 2.83% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDV sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 16.6% |
| Healthcare | 14.3% |
| Consumer Defensive | 14.0% |
| Financial Services | 12.5% |
| Technology | 10.2% |
| Real Estate | 9.2% |
| Consumer Cyclicals | 8.5% |
| Energy | 7.9% |
| Industrials | 3.9% |
| Communication Services | 1.7% |
| Basic Materials | 1.3% |
By region: North America 97.8%, United Kingdom 2.2%.
FDV returns and risk
| Year to date | +15.4% |
|---|---|
| 1 year | +18.6% |
| 3 years (annualised) | +16.4% |
| Volatility (3 years) | 11.7% |
| Sharpe ratio (3 years) | 0.86 |
Past returns do not guarantee future results.
FDV: frequently asked questions
What does FDV invest in?
Federated Hermes U.S. Strategic Dividend ETF invests in a portfolio of securities. Its largest holdings are Paychex Inc (3.8%), PNC Financial Services Group Inc (3.7%), U.S. Bancorp (3.6%), Chevron Corp (3.3%), WEC Energy Group Inc (3.0%).
What is the FDV expense ratio?
0.51% a year: about $51.00 for every $10,000 invested.
What is the FDV dividend yield?
3.11%. ATLAS does not hold the exact distribution dates for ETFs.
Will FDV go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $33.86 to $35.53 from $34.51 today. It is a probability, not a prediction.
How has FDV performed?
Year to date +15.4%, one year +18.6%, three years +16.4% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer