FDV vs OPTZ
Federated Hermes US Strategic Dividend ETF vs Optimize Strategy Index ETF
Which is better, FDV or OPTZ?
OPTZ has been ahead.
OPTZ has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% of the fund in its ten largest positions against 32.4%.
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 | OPTZ |
|---|---|---|
| Expense Ratio | 0.50% | 0.25%Best |
| AUM | $934M | $267M |
| Dividend Yield | 3.04% | 0.47% |
| Holdings | 103 | 339 |
| YTD Return | +16.79% | +21.82%Best |
| 1Y Return | +18.07% | +27.14%Best |
| 3Y Return (annualized) | +17.24% | - |
| Volatility (annualized) | 11.8%Best | 18.9% |
| Max Drawdown | -12.6%Best | -25.5% |
| $10,000 over 2.5 years | $14,502 | $17,764Best |
| Top 10 Weight | 32.4% | 13.3%Best |
| Fund Family | Federated Hermes Funds | Optimize Financial |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 15, 2022 | Apr 23, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 23, 2024 to Oct 14, 2026 (2.5 years).
FDV vs OPTZ 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 2.5 years both funds cover.
FDV vs OPTZ Performance
Federated Hermes US Strategic Dividend ETF (FDV) is an ETF from Federated Hermes Funds and Optimize Strategy Index ETF (OPTZ) is an ETF from Optimize Financial. Over the past year FDV returned +18.07% while OPTZ returned +27.14%. Year to date, FDV is up 16.79% versus a gain of 21.82% for OPTZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPTZ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 11.8% 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 -25.5% for OPTZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.23. They move largely independently of each other.
Fees and Cost Over Time
FDV charges 0.50% per year while OPTZ charges 0.25%. On a $10,000 position that is $50 vs $25 annually, a gap of $25 per year that compounds over a long holding period. On income, FDV currently yields 3.04% against 0.47% for OPTZ.
Holdings Overlap
35.7% of FDV's money is in holdings OPTZ also owns. 2.7% of OPTZ's money is in holdings FDV also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 53 positions we hold weights for in FDV and 392 in OPTZ, against full books of 103 and 339.
What only one of them owns
Our book lists 370 positions for OPTZ that do not appear in our book for FDV (95.2% of the fund), and 37 for FDV that do not appear in OPTZ (61.8%).
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 FDV | Weight in OPTZ | Difference |
|---|---|---|---|
| PNCPnc Financial Services Group Inc. | 3.87% | 0.21% | 3.66% |
| CVXChevron Corp | 3.21% | 0.28% | 2.93% |
| WECWec Energy Group Inc. | 3.19% | 0.12% | 3.07% |
| PEPPepsico Inc. | 3.14% | 0.16% | 2.98% |
| AMGNAmgen Inc. | 3.10% | 0.17% | 2.93% |
| ABBVAbbvie Inc. | 2.75% | 0.18% | 2.57% |
| PLDPrologis Inc | 2.78% | 0.07% | 2.71% |
| DRIDarden Restaurants Inc. | 2.39% | 0.23% | 2.16% |
| NEENextera Energy Inc | 2.27% | 0.11% | 2.16% |
| EOGEog Resources Inc | 1.99% | 0.27% | 1.72% |
35.7% of FDV is already inside OPTZ.
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, FDV or OPTZ?
FDV has an expense ratio of 0.50% while OPTZ charges 0.25%. OPTZ is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, FDV or OPTZ?
Over the past year FDV returned +18.07% vs +27.14% for OPTZ, so OPTZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDV or OPTZ?
OPTZ has been the more volatile fund at 18.9% annualized versus 11.8% for FDV. Worst drawdown: FDV -12.6% vs OPTZ -25.5%.
Should I hold both FDV and OPTZ?
FDV and OPTZ have a monthly-return correlation of 0.23, 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 FDV and OPTZ?
35.7% of FDV's money is in holdings OPTZ also owns. 2.7% of OPTZ's is in holdings FDV also owns. They hold 15 positions in common, counted across the 53 positions we hold weights for in FDV and 392 in OPTZ.
Which pays a higher dividend, FDV or OPTZ?
FDV yields 3.04% while OPTZ yields 0.47%, so FDV currently pays the higher dividend yield.
Is OPTZ better than FDV?
OPTZ has a lower expense ratio. OPTZ led over 1Y and the full window. OPTZ is less concentrated, with 13.3% of the fund in its ten largest positions against 32.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.