FDV vs PAYR
Federated Hermes U.S. Strategic Dividend ETF against Federated Hermes Enhanced Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
57%
32 shared positions
Fee gap
10 bp
PAYR is cheaper
1-year return gap
5.7 pts
FDV is ahead
Larger fund
FDV
$909M
Side by side
| FDV | PAYR | |
|---|---|---|
| Fund | Federated Hermes U.S. Strategic Dividend ETF | Federated Hermes Enhanced Income ETF |
| Issuer | Federated Hermes | Federated Hermes |
| Category | Dividend | Covered Call |
| Expense ratio | 0.50% | 0.40% |
| Assets | $909M | $57M |
| Average daily dollar volume | $6.1M | $930K |
| Listed | Nov 15, 2022 | Oct 7, 2025 |
| FrenzyCap score | 55 | 54 |
| 1-month return | −2.9% | −3.7% |
| 3-month return | −0.8% | −3.2% |
| Year to date | +11.9% | +4.6% |
| 1-year return | +12.1% | +6.3% |
| 30-day volatility | 10.0% | 8.9% |
| Worst drawdown, 1 year | −7.8% | −8.8% |
| Trailing 12-month yield | 2.98% | 8.22% |
| Holdings | 50 | 52 |
| Top 10 weight | 33.3% | 33.2% |
| Look-through P/E | 19.1 | 19.0 |
| Holdings vs fair value | +5.2% | +5.9% |
| Holdings above 200-day average | 46% | 32% |
| Net flow, latest 3 reported months | +$115M thru Jul 2026 | +$19M thru Jul 2026 |
| 30-day implied volatility | 24.2% | — |
| Holdings as of | as of Apr 30, 2026SEC filing | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
72% of FDV · 66% of PAYR| Holding | FDV | PAYR |
|---|---|---|
| PAYX | 3.83% | 4.08% |
| USB | 3.60% | 4.15% |
| PLD | 3.03% | 2.85% |
| PNC | 4.07% | 2.81% |
| ABBV | 3.86% | 2.78% |
| PEP | 2.48% | 2.65% |
| PFE | 2.44% | 2.51% |
| KIM | 2.42% | 2.92% |
| WEC | 2.88% | 2.19% |
| EVRG | 2.45% | 2.16% |
| AMCOR PLC | 2.14% | 2.33% |
| FE | 2.14% | 2.54% |
| CVX | 3.52% | 2.11% |
| VZ | 2.00% | 3.45% |
| PM | 2.40% | 1.96% |
| CME | 2.51% | 1.84% |
| PPL | 2.26% | 1.54% |
| AMT | 1.49% | 2.08% |
| MEDTRONIC PLC | 1.42% | 2.92% |
| NNN | 1.98% | 1.41% |
| MDLZ | 1.84% | 1.35% |
| DRI | 2.12% | 1.19% |
| TFC | 2.48% | 1.15% |
| AMDOCS LTD | 2.67% | 1.15% |
| DUK | 1.09% | 1.86% |
Sector mix of the stock holdings
| Sector | FDV | PAYR | Gap |
|---|---|---|---|
| Utilities | 18.2% | 16.4% | +1.9% |
| Financials | 16.6% | 12.3% | +4.3% |
| Consumer Staples | 11.8% | 12.2% | −0.5% |
| Health Care | 11.2% | 11.1% | +0.1% |
| Real Estate | 8.9% | 10.2% | −1.3% |
| Energy | 8.3% | 5.4% | +2.9% |
| Industrials | 7.6% | 4.1% | +3.5% |
| Technology | 4.3% | 1.8% | +2.5% |
| Communication Services | 2.0% | 3.4% | −1.4% |
| Consumer Discretionary | 3.0% | 2.4% | +0.5% |
| Materials | 1.6% | 1.8% | −0.3% |
More: full overlap table · FDV holdings · PAYR holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.