Federated Hermes MDT Large Cap Growth ETF (FLCG) Performance
FLCG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.9% since Dec 31, 2025
- 1 year
- +4.1% total return
- Since first price
- +35.7% since 2024
FLCG trailing returns vs SPY, QQQ, AGG
| Period | FLCG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.4% | −4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.9% | +2.9% | +7.8% | +8.4% | −1.5% |
| YTD | +2.9% | +2.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.1% | +4.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 31, 2024 | +35.7% | +35.6% | — | — | — |
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: FLCG vs SPY
From Jul 31, 2024: FLCG grew to $13,575, SPY to $14,159.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLCG returns by calendar year
1 of 1 full years positive. Best 2025 (+16.9%), worst 2025 (+16.9%). 2026 is year to date.
FLCG annual returns table
| Year | FLCG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.9% | −13.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.9% | −23.0% | +17.7% | +20.8% | +7.2% |
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.
FLCG largest drawdowns
Now 7.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 23, 2025 | −23.0% | Apr 8, 2025 | Jun 26, 2025 | 2 months | 5 months |
| Oct 29, 2025 | −15.1% | Mar 30, 2026 | May 6, 2026 | 5 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLCG risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +17.6% |
| Volatility (annualized) | 15.5% |
| Sharpe ratio | 0.87 |
| Sortino ratio | 1.53 |
| Best month | +11.3% |
| Worst month | −8.1% |
| Best 12 months | +27.5% |
| Worst 12 months | +8.1% |
| Positive months | 65% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
FLCG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 16 | +1.6% | +15.5% | +27.5% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
FLCG performance overview
Federated Hermes MDT Large Cap Growth ETF (FLCG) returned +4.1% over the past year, with distributions reinvested. Since its first recorded price on Jul 31, 2024 it has returned +35.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −23.0%, from Jan 23, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 15.5% a year.
Related: FLCG chart, FLCG holdings, FLCG dividends, FLCG valuation. See the FLCG overview for the latest quote and fund facts.
FLCG performance FAQ
What is the FLCG return over the past year?
FLCG returned +4.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.1%.
How much would $10,000 invested in FLCG be worth?
$10,000 invested in FLCG at its first recorded close on July 31, 2024 would be worth about $13,575 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of FLCG?
The largest peak-to-trough decline was −23.0% between January 23, 2025 and April 8, 2025. It recovered to the old high on June 26, 2025, 3 months after the bottom.
How volatile is FLCG?
Over the past history FLCG had an annualized volatility of 15.5% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).