FLCV vs REVS
Federated Hermes MDT Large Cap Value ETF vs Columbia Research Enhanced Value ETF
Which is better, FLCV or REVS?
FLCV has been ahead.
REVS has a lower expense ratio. FLCV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLCV is less concentrated, with 31.0% of the fund in its ten largest positions against 33.6%.
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 | REVS |
|---|---|---|
| Expense Ratio | 0.32% | 0.19%Best |
| AUM | $211M | $370M |
| Dividend Yield | 0.72% | 1.84% |
| Holdings | 252 | 611 |
| YTD Return | +18.52%Best | +18.22% |
| 1Y Return | +23.69%Best | +23.33% |
| 3Y Return (annualized) | - | +20.60% |
| 5Y Return (annualized) | - | +12.45% |
| Volatility (annualized) | 11.6% | 11.4%Best |
| Max Drawdown | -15.9%Best | -16.4% |
| $10,000 over 2.2 years | $14,646Best | $14,256 |
| Top 10 Weight | 31.0%Best | 33.6% |
| Fund Family | Federated Hermes | Columbia Threadneedle Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 30, 2024 | Sep 25, 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).
FLCV vs REVS 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.
FLCV vs REVS Performance
Federated Hermes MDT Large Cap Value ETF (FLCV) is an ETF from Federated Hermes and Columbia Research Enhanced Value ETF (REVS) is an ETF from Columbia Threadneedle Investments. Over the past year FLCV returned +23.69% while REVS returned +23.33%. Year to date, FLCV is up 18.52% versus a gain of 18.22% for REVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCV has been the more volatile fund, with annualized monthly volatility of 11.6% compared with 11.4% for REVS. 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 -16.4% for REVS. 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
FLCV charges 0.32% per year while REVS charges 0.19%. On a $10,000 position that is $32 vs $19 annually, a gap of $13 per year that compounds over a long holding period. On income, FLCV currently yields 0.72% against 1.84% for REVS.
Holdings Overlap
47.6% of FLCV's money is in holdings REVS also owns. 43.9% of REVS's money is in holdings FLCV also owns.
The two portfolios partly overlap.
48 positions in common, counted across the 126 positions we hold weights for in FLCV and 298 in REVS, against full books of 252 and 611.
What only one of them owns
Our book lists 236 positions for REVS that do not appear in our book for FLCV (53.9% of the fund), and 78 for FLCV that do not appear in REVS (52.4%).
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 REVS | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.28% | 8.48% | 2.20% |
| MSFTMicrosoft Corp | 4.38% | 7.16% | 2.78% |
| ABBVAbbvie Inc. | 3.01% | 1.11% | 1.90% |
| CVXChevron Corp | 0.62% | 2.92% | 2.30% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.58% | 1.62% | 0.04% |
| MOAltria Group Inc | 0.58% | 2.21% | 1.63% |
| BKBank Of New York Mellon Corp | 1.50% | 1.07% | 0.43% |
| NEMNewmont Corp Common | 1.04% | 1.43% | 0.39% |
| STTState Street Corp. | 1.90% | 0.52% | 1.38% |
| GMGeneral Motors Co | 0.91% | 1.47% | 0.56% |
47.6% of FLCV is already inside REVS.
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 REVS?
FLCV has an expense ratio of 0.32% while REVS charges 0.19%. REVS is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, FLCV or REVS?
Over the past year FLCV returned +23.69% vs +23.33% for REVS, so FLCV leads on 1-year performance. Over the longest common window we track (2 years), FLCV annualized +18.94% vs +17.49% for REVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCV or REVS?
FLCV has been the more volatile fund at 11.6% annualized versus 11.4% for REVS. Worst drawdown: FLCV -15.9% vs REVS -16.4%.
Should I hold both FLCV and REVS?
FLCV and REVS 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 FLCV and REVS?
47.6% of FLCV's money is in holdings REVS also owns. 43.9% of REVS's is in holdings FLCV also owns. They hold 48 positions in common, counted across the 126 positions we hold weights for in FLCV and 298 in REVS.
Which pays a higher dividend, FLCV or REVS?
FLCV yields 0.72% while REVS yields 1.84%, so REVS currently pays the higher dividend yield.
Is REVS better than FLCV?
REVS has a lower expense ratio. FLCV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. FLCV is less concentrated, with 31.0% of the fund in its ten largest positions against 33.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.