DVND vs FLCV
Touchstone Dividend Select ETF vs Federated Hermes MDT Large Cap Value ETF
Which is better, DVND or FLCV?
FLCV has been ahead.
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. DVND is less concentrated, with 28.8% of the fund in its ten largest positions against 31.0%.
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 | DVND | FLCV |
|---|---|---|
| Expense Ratio | 0.50% | 0.32%Best |
| AUM | $54M | $211M |
| Dividend Yield | 1.81% | 0.72% |
| Holdings | 112 | 252 |
| YTD Return | +11.56% | +18.52%Best |
| 1Y Return | +14.57% | +23.69%Best |
| 3Y Return (annualized) | +17.34% | - |
| Volatility (annualized) | 10.4%Best | 11.6% |
| Max Drawdown | -14.6%Best | -15.9% |
| $10,000 over 2.2 years | $13,195 | $14,646Best |
| Top 10 Weight | 28.8%Best | 31.0% |
| Fund Family | Touchstone Investments | Federated Hermes |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 2, 2022 | Jul 30, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
DVND vs FLCV 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 2.2 years both funds cover.
DVND vs FLCV Performance
Touchstone Dividend Select ETF (DVND) is an ETF from Touchstone Investments and Federated Hermes MDT Large Cap Value ETF (FLCV) is an ETF from Federated Hermes. Over the past year DVND returned +14.57% while FLCV returned +23.69%. Year to date, DVND is up 11.56% versus a gain of 18.52% for FLCV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 10.4% for DVND. 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 -14.6% for DVND and -15.9% for FLCV. 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
DVND charges 0.50% per year while FLCV charges 0.32%. On a $10,000 position that is $50 vs $32 annually, a gap of $18 per year that compounds over a long holding period. On income, DVND currently yields 1.81% against 0.72% for FLCV.
Holdings Overlap
42.7% of DVND's money is in holdings FLCV also owns. 34.1% of FLCV's money is in holdings DVND also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 56 positions we hold weights for in DVND and 126 in FLCV, against full books of 112 and 252.
What only one of them owns
Our book lists 104 positions for FLCV that do not appear in our book for DVND (66.0% of the fund), and 34 for DVND that do not appear in FLCV (57.3%).
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.
Top Shared Holdings
| Stock | Weight in DVND | Weight in FLCV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.29% | 4.38% | 0.91% |
| AAPLApple, Inc | 3.10% | 6.28% | 3.18% |
| AMZNAmazon.Com Inc | 1.74% | 5.80% | 4.06% |
| XOMExxonmobil Corp. | 2.46% | 1.65% | 0.81% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.00% | 1.58% | 0.42% |
| JNJJohnson & Johnson - Common | 1.98% | 1.59% | 0.39% |
| JPMJpmorgan Chase | 1.74% | 1.78% | 0.04% |
| RTXRaytheon Co. | 1.56% | 1.44% | 0.12% |
| ADIAnalog Devices, Inc. | 1.64% | 1.33% | 0.31% |
| TXNTexas Instrument Inc | 1.66% | 1.17% | 0.49% |
42.7% of DVND is already inside FLCV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DVND or FLCV?
DVND has an expense ratio of 0.50% while FLCV charges 0.32%. FLCV is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, DVND or FLCV?
Over the past year DVND returned +14.57% vs +23.69% for FLCV, so FLCV leads on 1-year performance. Over the longest common window we track (2 years), DVND annualized +13.43% vs +18.94% for FLCV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DVND or FLCV?
FLCV has been the more volatile fund at 11.6% annualized versus 10.4% for DVND. Worst drawdown: DVND -14.6% vs FLCV -15.9%.
Should I hold both DVND and FLCV?
DVND and FLCV 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 DVND and FLCV?
42.7% of DVND's money is in holdings FLCV also owns. 34.1% of FLCV's is in holdings DVND also owns. They hold 22 positions in common, counted across the 56 positions we hold weights for in DVND and 126 in FLCV.
Which pays a higher dividend, DVND or FLCV?
DVND yields 1.81% while FLCV yields 0.72%, so DVND currently pays the higher dividend yield.
Is FLCV better than DVND?
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. DVND is less concentrated, with 28.8% of the fund in its ten largest positions against 31.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.