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

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

Updated November 6, 2026.

FDV is an ETF. Its distribution rate is 2.98%, its trailing-12-month yield is 2.87%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 55.6% over the past 4 years, 39.6 points behind SPY at 95.2%.

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

As of Nov 5, 2026

Total return is 55.6% over the past 4 years, 39.6 points behind SPY at 95.2%. Over the past year its total return — price change plus distributions reinvested — is 26.0%. Its deepest 1-year drawdown was 7.4%.

FDV key facts

Distribution Safety Score™

93 · Safe

Safety-Adjusted Yield

2.77%

Issuer

Federated Hermes

Asset type

ETF

Asset class

Equity

Inception date

11/15/2022

Expense ratio

0.50%

Distribution rate

2.98%

Distribution frequency

Monthly

Trailing yield

2.87%

Last close

$33.99 (as of 2026-11-06)

AUM

$1,069,253,662

Average volume

265,514

Dividend

$0.0844

Ex-dividend date

10/30/2026

Payment date

11/02/2026

Beta

0.38

How Dividend Vision calculates yield and returns

Distribution rate (2.98%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.87%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · 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 7.4%.

Who may consider FDV — and who may not

FDV may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. 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.

More on FDV

• All tickers starting with F

Tagged: Dividend.

Frequently asked questions

More securities from Federated Hermes.