FLCV vs QUVU
Federated Hermes MDT Large Cap Value ETF vs Hartford Quality Value ETF
Which is better, FLCV or QUVU?
FLCV has been ahead.
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 31.0%.
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 | FLCV | QUVU |
|---|---|---|
| Expense Ratio | 0.32%Best | 0.45% |
| AUM | $211M | $174M |
| Dividend Yield | 0.72% | 1.87% |
| Holdings | 252 | 72 |
| Volatility (annualized) | 11.7%Best | 11.8% |
| Max Drawdown | -15.9% | -13.1%Best |
| $10,000 over 1.7 years | $13,158Best | $11,801 |
| Top 10 Weight | 31.0% | 25.8%Best |
| Fund Family | Federated Hermes | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 30, 2024 | Oct 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 168 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FLCV has data through Oct 14, 2026 and QUVU through Apr 29, 2026.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jul 31, 2024 to Apr 29, 2026 (1.7 years).
Risk: Volatility and Drawdowns
QUVU has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 11.7% for FLCV. 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 -15.9% for FLCV and -13.1% for QUVU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCV charges 0.32% per year while QUVU charges 0.45%. On a $10,000 position that is $32 vs $45 annually, a gap of $13 per year that compounds over a long holding period. On income, FLCV currently yields 0.72% against 1.87% for QUVU.
Holdings Overlap
24.4% of FLCV's money is in holdings QUVU also owns. 32.4% of QUVU's money is in holdings FLCV also owns.
The two portfolios partly overlap.
The two holdings books were reported 275 days apart, FLCV as of Oct 2, 2026 and QUVU as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
19 positions in common, counted across the 126 positions we hold weights for in FLCV and 70 in QUVU, against full books of 252 and 72.
What only one of them owns
Our book lists 46 positions for QUVU that do not appear in our book for FLCV (60.5% of the fund), and 107 for FLCV that do not appear in QUVU (75.6%).
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 QUVU | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.80% | 1.25% | 4.55% |
| GOOGLAlphabet Inc | 0.28% | 5.56% | 5.28% |
| MSFTMicrosoft Corp | 4.38% | 1.16% | 3.22% |
| ABBVAbbvie Inc. | 3.01% | 0.86% | 2.15% |
| CSCOCisco Systems Inc | 1.58% | 1.97% | 0.39% |
| UNHUnitedhealth Group Incorporated | 0.99% | 2.18% | 1.19% |
| JPMJpmorgan Chase | 1.78% | 1.16% | 0.62% |
| GILDGilead Sciences | 1.25% | 1.63% | 0.38% |
| LMTLockheed Martin | 0.65% | 2.20% | 1.55% |
| QCOMQualcomm Inc. | 0.17% | 2.41% | 2.24% |
32.4% of QUVU 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLCV or QUVU?
FLCV has an expense ratio of 0.32% while QUVU charges 0.45%. FLCV is the cheaper option, by $13 a year on a $10,000 investment.
Which is riskier, FLCV or QUVU?
QUVU has been the more volatile fund at 11.8% annualized versus 11.7% for FLCV. Worst drawdown: FLCV -15.9% vs QUVU -13.1%.
Should I hold both FLCV and QUVU?
FLCV and QUVU have a monthly-return correlation of 0.89, 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 QUVU?
32.4% of QUVU's money is in holdings FLCV also owns. 32.4% of QUVU's is in holdings FLCV also owns. They hold 19 positions in common, counted across the 126 positions we hold weights for in FLCV and 70 in QUVU.
Which pays a higher dividend, FLCV or QUVU?
FLCV yields 0.72% while QUVU yields 1.87%, so QUVU currently pays the higher dividend yield.
Is QUVU better than FLCV?
FLCV has a lower expense ratio. FLCV led over 1Y and the full window. QUVU is less concentrated, with 25.8% of the fund in its ten largest positions against 31.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.