FLCC vs QLV
Federated Hermes MDT Large Cap Core ETF vs Northern Trust US Quality Low Volatility ETF
Which is better, FLCC or QLV?
FLCC has been ahead.
QLV has a lower expense ratio. FLCC led over 1Y and the full window. QLV is less concentrated, with 36.8% of the fund in its ten largest positions against 38.9%.
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 | FLCC | QLV |
|---|---|---|
| Expense Ratio | 0.29% | 0.08%Best |
| AUM | $179M | $171M |
| Dividend Yield | 0.45% | 1.50% |
| Holdings | 304 | 125 |
| YTD Return | +12.79% | +13.30%Best |
| 1Y Return | +16.11%Best | +14.01% |
| 3Y Return (annualized) | - | +16.91% |
| 5Y Return (annualized) | - | +10.85% |
| Volatility (annualized) | 12.4% | 7.8%Best |
| Max Drawdown | -19.2% | -12.1%Best |
| $10,000 over 2.2 years | $14,419Best | $13,133 |
| Top 10 Weight | 38.9% | 36.8%Best |
| Fund Family | Federated Hermes | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 30, 2024 | Jul 15, 2019 |
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).
FLCC vs QLV 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.
FLCC vs QLV Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is an ETF from Federated Hermes and Northern Trust US Quality Low Volatility ETF (QLV) is an ETF from Northern Trust Asset Management. Over the past year FLCC returned +16.11% while QLV returned +14.01%. Year to date, FLCC is up 12.79% versus a gain of 13.30% for QLV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 7.8% for QLV. 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 -19.2% for FLCC and -12.1% for QLV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCC charges 0.29% per year while QLV charges 0.08%. On a $10,000 position that is $29 vs $8 annually, a gap of $21 per year that compounds over a long holding period. On income, FLCC currently yields 0.45% against 1.50% for QLV.
Holdings Overlap
48.8% of FLCC's money is in holdings QLV also owns. 51.3% of QLV's money is in holdings FLCC also owns.
The two portfolios partly overlap.
39 positions in common, counted across the 155 positions we hold weights for in FLCC and 120 in QLV, against full books of 304 and 125.
What only one of them owns
Our book lists 75 positions for QLV that do not appear in our book for FLCC (45.4% of the fund), and 111 for FLCC that do not appear in QLV (51.2%).
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 FLCC | Weight in QLV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.62% | 6.86% | 1.76% |
| AAPLApple, Inc | 6.81% | 6.09% | 0.72% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.21% | 6.58% | 2.37% |
| GOOGLAlphabet Inc-cl A | 5.88% | 1.94% | 3.94% |
| AMZNAmazon.Com Inc | 3.20% | 2.46% | 0.74% |
| JNJJohnson & Johnson - Common | 0.77% | 4.25% | 3.48% |
| AVGOBroadcom Inc | 2.21% | 1.81% | 0.40% |
| ABBVAbbvie Inc. | 2.18% | 1.62% | 0.56% |
| XOMExxon Mobil Corp. | 0.73% | 2.38% | 1.65% |
| LLYEli Lilly & Co. | 1.10% | 1.29% | 0.19% |
51.3% of QLV is already inside FLCC.
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, FLCC or QLV?
FLCC has an expense ratio of 0.29% while QLV charges 0.08%. QLV is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, FLCC or QLV?
Over the past year FLCC returned +16.11% vs +14.01% for QLV, so FLCC leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +18.10% vs +13.19% for QLV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCC or QLV?
FLCC has been the more volatile fund at 12.4% annualized versus 7.8% for QLV. Worst drawdown: FLCC -19.2% vs QLV -12.1%.
Should I hold both FLCC and QLV?
FLCC and QLV have a monthly-return correlation of 0.72, 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 FLCC and QLV?
51.3% of QLV's money is in holdings FLCC also owns. 51.3% of QLV's is in holdings FLCC also owns. They hold 39 positions in common, counted across the 155 positions we hold weights for in FLCC and 120 in QLV.
Which pays a higher dividend, FLCC or QLV?
FLCC yields 0.45% while QLV yields 1.50%, so QLV currently pays the higher dividend yield.
Is QLV better than FLCC?
QLV has a lower expense ratio. FLCC led over 1Y and the full window. QLV is less concentrated, with 36.8% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.