Federated Hermes MDT Large Cap Core ETF

Frequently Asked Questions About FLCC

What does FLCC invest in?

This ETF's primary investment strategy involves concentrating its holdings in the common stock of prominent, large-capitalization U.S. companies. A core rule dictates that a minimum of 80% of its investable assets—encompassing both net assets and any funds leveraged for investment—must be allocated to these substantial firms. The fund operates under active management, with its portfolio manager frequently trading securities in an effort to meet its investment targets.

What is the expense ratio of FLCC?

Federated Hermes MDT Large Cap Core ETF (FLCC) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FLCC?

Federated Hermes MDT Large Cap Core ETF (FLCC) manages $151.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FLCC actively managed or an index fund?

FLCC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FLCC's is 0.40%) in exchange for the discretion to over- or under-weight positions.

When was FLCC launched?

Federated Hermes MDT Large Cap Core ETF (FLCC) launched in July 2024 and is managed by Federated Hermes.

How has FLCC performed?

FLCC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.