FDV ETF — Federated Hermes U.S. Strategic Dividend ETF

Federated Hermes U.S. Strategic Dividend ETF (FDV)

FDV is an ETF. its distribution rate is 1.43%, its trailing-12-month yield is 2.78%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 46.3% over the past 3.8 years, 59.7 points behind SPY at 106.0%.

At the current 1.43% distribution rate, a $10,000 investment would generate approximately $143 per year, or $11.92 per month.

Federated Hermes U.S. Strategic Dividend ETF is an equity fund that invests primarily in high dividend-paying common stocks of large-cap and mid-cap U.S. companies with dividend growth potential. The fund carries a current distribution rate in the low-to-mid range, distributes monthly to shareholders, and has an expense ratio of 0.50%. It appeals to income-focused investors seeking regular dividend payments from established U.S. companies.

FDV performance versus SPY

Price and return data through 2026-09-21.

Total return is 46.3% over the past 3.8 years, 59.7 points behind SPY at 106.0%. Over the past year its total return — price change plus distributions reinvested — is 17.5%. Its deepest 1-year drawdown was 5.7%.

FDV key facts

Distribution Safety Score™

93 · Safe

Safety-Adjusted Yield

1.33%

Issuer

Federated Hermes

Asset type

ETF

Asset class

Equity

Inception date

11/15/2022

Expense ratio

0.50%

Distribution rate

1.43%

Distribution frequency

Monthly

Trailing yield

2.78%

Last close

$32.45 (as of 2026-09-21)

NAV

$32.51

Premium / discount

0.18% discount

AUM

$924,066,177

Average volume

213157.0

Last dividend

$0.0386

Last ex-dividend date

08/31/2026

Last payment date

09/01/2026

Beta

0.45

P/E ratio

19.1214

How Dividend Vision calculates yield and returns

Distribution rate (1.43%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.78%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Federated Hermes; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDV risks and drawbacks

FDV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.7%.

Who may consider FDV — and who may not

FDV may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Federated Hermes.