ABEQ vs FDV
Absolute Select Value ETF vs Federated Hermes US Strategic Dividend ETF
Which is better, ABEQ or FDV?
FDV has been ahead.
FDV has a lower expense ratio. FDV led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ABEQ | FDV |
|---|---|---|
| Expense Ratio | 0.85% | 0.50%Best |
| AUM | $142M | $934M |
| Dividend Yield | 1.22% | 3.04% |
| Holdings | 46 | 103 |
| YTD Return | +7.41% | +16.79%Best |
| 1Y Return | +9.12% | +18.07%Best |
| 3Y Return (annualized) | +13.34% | +17.24%Best |
| 5Y Return (annualized) | +8.37% | - |
| Volatility (annualized) | 10.8%Best | 12.5% |
| Max Drawdown | -8.0%Best | -16.7% |
| $10,000 over 3.9 years | $14,797 | $14,813Best |
| Fund Family | Absolute Funds | Federated Hermes Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 21, 2020 | Nov 15, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 16, 2022 to Oct 14, 2026 (3.9 years).
ABEQ vs FDV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
ABEQ vs FDV Performance
Absolute Select Value ETF (ABEQ) is an ETF from Absolute Funds and Federated Hermes US Strategic Dividend ETF (FDV) is an ETF from Federated Hermes Funds. Over the past year ABEQ returned +9.12% while FDV returned +18.07%. Year to date, ABEQ is up 7.41% versus a gain of 16.79% for FDV.
Over three years, ABEQ compounded at +13.34% per year against +17.24% for FDV. Across the full 4-year window we track, FDV has the edge at +10.60% annualized vs +10.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 10.8% for ABEQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.0% for ABEQ and -16.7% for FDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ABEQ charges 0.85% per year while FDV charges 0.50%. On a $10,000 position that is $85 vs $50 annually, a gap of $35 per year that compounds over a long holding period. On income, ABEQ currently yields 1.22% against 3.04% for FDV.
Holdings Overlap
At least 9.0% of FDV's money is in holdings ABEQ also owns.
Stated as a floor: for ABEQ, our book for it covers 83.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
FDV and ABEQ share little of their money.
4 positions in common, counted across the 20 positions we hold weights for in ABEQ and 53 in FDV, against full books of 46 and 103.
You are not choosing between two funds in isolation.
Whichever of ABEQ and FDV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABEQ or FDV?
ABEQ has an expense ratio of 0.85% while FDV charges 0.50%. FDV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, ABEQ or FDV?
Over the past year ABEQ returned +9.12% vs +18.07% for FDV, so FDV leads on 1-year performance. Over the longest common window we track (4 years), ABEQ annualized +10.57% vs +10.60% for FDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABEQ or FDV?
FDV has been the more volatile fund at 12.5% annualized versus 10.8% for ABEQ. Worst drawdown: ABEQ -8.0% vs FDV -16.7%.
Should I hold both ABEQ and FDV?
ABEQ and FDV have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ABEQ and FDV?
At least 9.0% of FDV's money is in holdings ABEQ also owns. Our book for ABEQ is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 20 positions we hold weights for in ABEQ and 53 in FDV.
Which pays a higher dividend, ABEQ or FDV?
ABEQ yields 1.22% while FDV yields 3.04%, so FDV currently pays the higher dividend yield.
Is FDV better than ABEQ?
FDV has a lower expense ratio. FDV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.