Federated Hermes U.S. Strategic Dividend ETF (FDV) Performance
FDV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +21.7% since Dec 31, 2025
- 1 year
- +22.2% total return
- 3 years
- +20.0% a year
- Since first price
- +11.6% a year since 2022
FDV trailing returns vs SPY, QQQ, AGG
| Period | FDV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.5% | +6.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.5% | +4.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.5% | +9.0% | +7.8% | +8.4% | −1.5% |
| YTD | +21.7% | +19.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +22.2% | +18.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.0%+20.0%/yr | +57.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 16, 2022 | +54.1%+11.6%/yr | +36.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FDV vs SPY
From Nov 16, 2022: FDV grew to $15,411, SPY to $20,241.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FDV returns by calendar year
2 of 3 full years positive. Best 2024 (+14.4%), worst 2023 (−2.2%). 2026 is year to date.
FDV annual returns table
| Year | FDV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +21.7% | −7.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.0% | −12.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.4% | −7.5% | +24.9% | +25.6% | +1.3% |
| 2023 | −2.2% | −16.7% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FDV largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 6, 2023 | −16.7% | Oct 27, 2023 | Mar 28, 2024 | 10 months | 1.2 years |
| Feb 28, 2025 | −12.6% | Apr 8, 2025 | Jul 10, 2025 | 39 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FDV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +15.6% | +8.5% |
| Volatility (annualized) | 12.1% | 12.5% |
| Sharpe ratio | 0.91 | 0.36 |
| Sortino ratio | 1.53 | 0.54 |
| Best month | +7.2% | +7.2% |
| Worst month | −6.2% | −6.2% |
| Best 12 months | +32.5% | +32.5% |
| Worst 12 months | +4.2% | −7.9% |
| Positive months | 61% | 57% |
| Beta vs S&P 500 | 0.44 | — |
| Correlation with S&P 500 | 0.45 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FDV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 36 | −7.9% | +13.5% | +32.5% | 89% |
| 3-year (a year) | 12 | +6.9% | +12.8% | +19.9% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
FDV performance overview
Federated Hermes U.S. Strategic Dividend ETF (FDV) returned +22.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +11.6% a year, turning $10,000 into about $15,411. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.7%, from Jan 6, 2023 to Oct 27, 2023, and it took 5 months to get back to the old high. FDV finished 2 of its 3 full calendar years with a gain; the best year was 2024 (+14.4%) and the worst 2023 (−2.2%). Volatility has been 12.5% a year.
Related: FDV chart, FDV holdings, FDV dividends, FDV valuation. See the FDV overview for the latest quote and fund facts.
FDV performance FAQ
What is the FDV return over the past year?
FDV returned +22.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.5%.
How much would $10,000 invested in FDV be worth?
$10,000 invested in FDV at its first recorded close on November 16, 2022 would be worth about $15,411 on October 23, 2026 with distributions reinvested.
What was the worst year for FDV?
The worst calendar year was 2023, with a total return of −2.2%. The best was 2024 at +14.4%.
What is the biggest drawdown of FDV?
The largest peak-to-trough decline was −16.7% between January 6, 2023 and October 27, 2023. It recovered to the old high on March 28, 2024, 5 months after the bottom.
How volatile is FDV?
Over the past 3 years FDV had an annualized volatility of 12.1% and a Sharpe ratio of 0.91 (excess return over 1–3 month T-bills per unit of risk).