FDV vs MVPA
Federated Hermes US Strategic Dividend ETF vs Miller Value Partners Appreciation ETF
Which is better, FDV or MVPA?
FDV has been ahead.
FDV has a lower expense ratio. FDV led over 1Y and the full window. FDV is less concentrated, with 32.4% of the fund in its ten largest positions against 50.0%.
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 | FDV | MVPA |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.60% |
| AUM | $934M | $70M |
| Dividend Yield | 3.04% | 0.54% |
| Holdings | 103 | 38 |
| YTD Return | +16.79%Best | +4.30% |
| 1Y Return | +18.07%Best | +3.34% |
| 3Y Return (annualized) | +17.24% | - |
| Volatility (annualized) | 11.9%Best | 21.5% |
| Max Drawdown | -12.6%Best | -25.9% |
| $10,000 over 2.7 years | $14,881Best | $14,339 |
| Top 10 Weight | 32.4%Best | 50.0% |
| Fund Family | Federated Hermes Funds | Miller Value Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 15, 2022 | Jan 30, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 31, 2024 to Oct 14, 2026 (2.7 years).
FDV vs MVPA 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 2.7 years both funds cover.
FDV vs MVPA Performance
Federated Hermes US Strategic Dividend ETF (FDV) is an ETF from Federated Hermes Funds and Miller Value Partners Appreciation ETF (MVPA) is an ETF from Miller Value Funds. Over the past year FDV returned +18.07% while MVPA returned +3.34%. Year to date, FDV is up 16.79% versus a gain of 4.30% for MVPA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPA has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 11.9% 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 -12.6% for FDV and -25.9% for MVPA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDV charges 0.50% per year while MVPA charges 0.60%. On a $10,000 position that is $50 vs $60 annually, a gap of $10 per year that compounds over a long holding period. On income, FDV currently yields 3.04% against 0.54% for MVPA.
Holdings Overlap
We hold position weights for 53 holdings in FDV and 35 in MVPA, totalling 100.0% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 53 positions we hold weights for in FDV and 35 in MVPA, against full books of 103 and 38.
What only one of them owns
Measured across the 53 and 35 positions we hold weights for.
FDV holds 52 positions MVPA does not, 97.5% of the fund.
Largest: PAYX 3.88%, PNC 3.87%, USB 3.68%, CVX 3.21%, WEC 3.19%
You are not choosing between two funds in isolation.
Whichever of FDV and MVPA 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, FDV or MVPA?
FDV has an expense ratio of 0.50% while MVPA charges 0.60%. FDV is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, FDV or MVPA?
Over the past year FDV returned +18.07% vs +3.34% for MVPA, so FDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDV or MVPA?
MVPA has been the more volatile fund at 21.5% annualized versus 11.9% for FDV. Worst drawdown: FDV -12.6% vs MVPA -25.9%.
Should I hold both FDV and MVPA?
FDV and MVPA have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FDV or MVPA?
FDV yields 3.04% while MVPA yields 0.54%, so FDV currently pays the higher dividend yield.
Is MVPA better than FDV?
FDV has a lower expense ratio. FDV led over 1Y and the full window. FDV is less concentrated, with 32.4% of the fund in its ten largest positions against 50.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.