FLCG vs HQGO
Federated Hermes MDT Large Cap Growth ETF vs Hartford US Quality Growth ETF
Which is better, FLCG or HQGO?
Each has led over a different period.
HQGO has a lower expense ratio. FLCG led over the full window, HQGO over 1Y. The two have moved almost in lockstep, correlation 0.94. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 56.5%.
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 | FLCG | HQGO |
|---|---|---|
| Expense Ratio | 0.39% | 0.34%Best |
| AUM | $687M | $3M |
| Dividend Yield | 0.04% | 0.51% |
| Holdings | 208 | 192 |
| YTD Return | +7.29% | +12.84%Best |
| 1Y Return | +9.89% | +15.94%Best |
| Volatility (annualized) | 15.3% | 12.7%Best |
| Max Drawdown | -22.9% | -20.9%Best |
| $10,000 over 2.2 years | $14,083Best | $14,020 |
| Top 10 Weight | 56.5% | 38.1%Best |
| Fund Family | Federated Hermes | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 30, 2024 | Dec 5, 2023 |
Not shown on this pair: 3Y Return (annualized), 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).
FLCG vs HQGO 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.
FLCG vs HQGO Performance
Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes and Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds. Over the past year FLCG returned +9.89% while HQGO returned +15.94%. Year to date, FLCG is up 7.29% versus a gain of 12.84% for HQGO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCG has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.7% for HQGO. 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 -22.9% for FLCG and -20.9% for HQGO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCG charges 0.39% per year while HQGO charges 0.34%. On a $10,000 position that is $39 vs $34 annually, a gap of $5 per year that compounds over a long holding period. On income, FLCG currently yields 0.04% against 0.51% for HQGO.
Holdings Overlap
79.3% of FLCG's money is in holdings HQGO also owns. 54.6% of HQGO's money is in holdings FLCG also owns.
Most of FLCG is already inside HQGO. Owning both mostly buys the same companies twice.
52 positions in common, counted across the 100 positions we hold weights for in FLCG and 190 in HQGO, against full books of 208 and 192.
What only one of them owns
Our book lists 136 positions for HQGO that do not appear in our book for FLCG (45.1% of the fund), and 44 for FLCG that do not appear in HQGO (20.0%).
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 FLCG | Weight in HQGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.20% | 5.49% | 9.71% |
| GOOGLAlphabet Inc | 11.70% | 4.82% | 6.88% |
| AAPLApple, Inc | 7.97% | 5.37% | 2.60% |
| MSFTMicrosoft Corp | 4.54% | 4.71% | 0.17% |
| AVGOBroadcom Inc | 3.10% | 3.36% | 0.26% |
| METAMeta Platforms Inc | 2.88% | 3.11% | 0.23% |
| MUMicron Technology, Inc. | 2.76% | 2.27% | 0.49% |
| TSLATesla Inc | 3.00% | 2.01% | 0.99% |
| AMZNAmazon.Com Inc | 0.61% | 4.33% | 3.72% |
| LLYEli Lilly & Co. | 2.37% | 2.00% | 0.37% |
79.3% of FLCG is already inside HQGO.
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, FLCG or HQGO?
FLCG has an expense ratio of 0.39% while HQGO charges 0.34%. HQGO is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, FLCG or HQGO?
Over the past year FLCG returned +9.89% vs +15.94% for HQGO, so HQGO leads on 1-year performance. Over the longest common window we track (2 years), FLCG annualized +16.84% vs +16.60% for HQGO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCG or HQGO?
FLCG has been the more volatile fund at 15.3% annualized versus 12.7% for HQGO. Worst drawdown: FLCG -22.9% vs HQGO -20.9%.
Should I hold both FLCG and HQGO?
FLCG and HQGO have a monthly-return correlation of 0.94, 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 FLCG and HQGO?
79.3% of FLCG's money is in holdings HQGO also owns. 54.6% of HQGO's is in holdings FLCG also owns. They hold 52 positions in common, counted across the 100 positions we hold weights for in FLCG and 190 in HQGO.
Which pays a higher dividend, FLCG or HQGO?
FLCG yields 0.04% while HQGO yields 0.51%, so HQGO currently pays the higher dividend yield.
Is HQGO better than FLCG?
HQGO has a lower expense ratio. FLCG led over the full window, HQGO over 1Y. The two have moved almost in lockstep, correlation 0.94. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 56.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.