DIVY vs FDV
Sound Equity Dividend Income ETF vs Federated Hermes US Strategic Dividend ETF
Which is better, DIVY or FDV?
Each has led over a different period.
DIVY has a lower expense ratio. DIVY led over 1Y, FDV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. FDV is less concentrated, with 32.4% of the fund in its ten largest positions against 38.1%.
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 | DIVY | FDV |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.50% |
| AUM | $28M | $934M |
| Dividend Yield | 3.17% | 3.04% |
| Holdings | 37 | 103 |
| YTD Return | +15.29% | +16.79%Best |
| 1Y Return | +20.89%Best | +18.07% |
| 3Y Return (annualized) | +10.82% | +17.24%Best |
| 5Y Return (annualized) | +7.72% | - |
| Volatility (annualized) | 13.3% | 12.5%Best |
| Max Drawdown | -18.3% | -16.7%Best |
| $10,000 over 3.9 years | $13,311 | $14,813Best |
| Top 10 Weight | 38.1% | 32.4%Best |
| Fund Family | Sound Income Strategies | Federated Hermes Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 30, 2020 | Nov 15, 2022 |
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).
DIVY 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.
DIVY vs FDV Performance
Sound Equity Dividend Income ETF (DIVY) is an ETF from Sound Income Strategies and Federated Hermes US Strategic Dividend ETF (FDV) is an ETF from Federated Hermes Funds. Over the past year DIVY returned +20.89% while FDV returned +18.07%. Year to date, DIVY is up 15.29% versus a gain of 16.79% for FDV.
Over three years, DIVY compounded at +10.82% per year against +17.24% for FDV. Across the full 4-year window we track, FDV has the edge at +10.60% annualized vs +7.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVY has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.5% for FDV. 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 -18.3% for DIVY 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DIVY charges 0.45% per year while FDV charges 0.50%. On a $10,000 position that is $45 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, DIVY currently yields 3.17% against 3.04% for FDV.
Holdings Overlap
15.6% of DIVY's money is in holdings FDV also owns. 12.4% of FDV's money is in holdings DIVY also owns.
DIVY and FDV share little of their money.
5 positions in common, counted across the 36 positions we hold weights for in DIVY and 53 in FDV, against full books of 37 and 103.
What only one of them owns
Our book lists 47 positions for FDV that do not appear in our book for DIVY (85.1% of the fund), and 28 for DIVY that do not appear in FDV (75.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DIVY 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, DIVY or FDV?
DIVY has an expense ratio of 0.45% while FDV charges 0.50%. DIVY is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, DIVY or FDV?
Over the past year DIVY returned +20.89% vs +18.07% for FDV, so DIVY leads on 1-year performance. Over the longest common window we track (4 years), DIVY annualized +7.61% vs +10.60% for FDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVY or FDV?
DIVY has been the more volatile fund at 13.3% annualized versus 12.5% for FDV. Worst drawdown: DIVY -18.3% vs FDV -16.7%.
Should I hold both DIVY and FDV?
DIVY and FDV have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DIVY and FDV?
15.6% of DIVY's money is in holdings FDV also owns. 12.4% of FDV's is in holdings DIVY also owns. They hold 5 positions in common, counted across the 36 positions we hold weights for in DIVY and 53 in FDV.
Which pays a higher dividend, DIVY or FDV?
DIVY yields 3.17% while FDV yields 3.04%, so DIVY currently pays the higher dividend yield.
Is FDV better than DIVY?
DIVY has a lower expense ratio. DIVY led over 1Y, FDV over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. FDV is less concentrated, with 32.4% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.