FLCV vs MFSV
Federated Hermes MDT Large Cap Value ETF vs MFS Active Value ETF
Which is better, FLCV or MFSV?
FLCV has been ahead.
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. FLCV is less concentrated, with 31.0% of the fund in its ten largest positions against 32.9%.
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 | FLCV | MFSV |
|---|---|---|
| Expense Ratio | 0.32%Best | 0.44% |
| AUM | $211M | $618M |
| Dividend Yield | 0.72% | 1.41% |
| Holdings | 252 | 64 |
| YTD Return | +18.52%Best | +9.21% |
| 1Y Return | +23.69%Best | +12.64% |
| Volatility (annualized) | 10.4% | 9.6%Best |
| Max Drawdown | -15.0% | -12.7%Best |
| $10,000 over 1.9 years | $13,067Best | $11,981 |
| Top 10 Weight | 31.0%Best | 32.9% |
| Fund Family | Federated Hermes | MFS Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 30, 2024 | Dec 5, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 5, 2024 to Oct 14, 2026 (1.9 years).
FLCV vs MFSV 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 1.9 years both funds cover.
FLCV vs MFSV Performance
Federated Hermes MDT Large Cap Value ETF (FLCV) is an ETF from Federated Hermes and MFS Active Value ETF (MFSV) is an ETF from MFS Investment Management. Over the past year FLCV returned +23.69% while MFSV returned +12.64%. Year to date, FLCV is up 18.52% versus a gain of 9.21% for MFSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCV has been the more volatile fund, with annualized monthly volatility of 10.4% compared with 9.6% for MFSV. 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 -15.0% for FLCV and -12.7% for MFSV. 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
FLCV charges 0.32% per year while MFSV charges 0.44%. On a $10,000 position that is $32 vs $44 annually, a gap of $12 per year that compounds over a long holding period. On income, FLCV currently yields 0.72% against 1.41% for MFSV.
Holdings Overlap
36.4% of FLCV's money is in holdings MFSV also owns. 46.8% of MFSV's money is in holdings FLCV also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 126 positions we hold weights for in FLCV and 60 in MFSV, against full books of 252 and 64.
What only one of them owns
Our book lists 37 positions for MFSV that do not appear in our book for FLCV (49.9% of the fund), and 104 for FLCV that do not appear in MFSV (63.6%).
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 FLCV | Weight in MFSV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.80% | 5.28% | 0.52% |
| MSFTMicrosoft Corp | 4.38% | 5.35% | 0.97% |
| AAPLApple, Inc | 6.28% | 3.09% | 3.19% |
| JPMJpmorgan Chase | 1.78% | 4.50% | 2.72% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.65% | 3.04% | 1.39% |
| ABBVAbbvie Inc. | 3.01% | 1.48% | 1.53% |
| TRVThe Travelers Cos, Inc. | 2.01% | 1.76% | 0.25% |
| RTXRaytheon Co. | 1.44% | 2.20% | 0.76% |
| JNJJohnson & Johnson - Common | 1.59% | 1.66% | 0.07% |
| ADIAnalog Devices, Inc. | 1.33% | 1.88% | 0.55% |
46.8% of MFSV 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.
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Frequently Asked Questions
Which is cheaper, FLCV or MFSV?
FLCV has an expense ratio of 0.32% while MFSV charges 0.44%. FLCV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FLCV or MFSV?
Over the past year FLCV returned +23.69% vs +12.64% for MFSV, so FLCV leads on 1-year performance. Over the longest common window we track (2 years), FLCV annualized +15.12% vs +9.98% for MFSV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCV or MFSV?
FLCV has been the more volatile fund at 10.4% annualized versus 9.6% for MFSV. Worst drawdown: FLCV -15.0% vs MFSV -12.7%.
Should I hold both FLCV and MFSV?
FLCV and MFSV 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 FLCV and MFSV?
46.8% of MFSV's money is in holdings FLCV also owns. 46.8% of MFSV's is in holdings FLCV also owns. They hold 22 positions in common, counted across the 126 positions we hold weights for in FLCV and 60 in MFSV.
Which pays a higher dividend, FLCV or MFSV?
FLCV yields 0.72% while MFSV yields 1.41%, so MFSV currently pays the higher dividend yield.
Is MFSV better than FLCV?
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. FLCV is less concentrated, with 31.0% of the fund in its ten largest positions against 32.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.