FLCC vs. FWD ETF Comparison

Comparison of Federated Hermes MDT Large Cap Core ETF (FLCC) to AB Disruptors ETF (FWD)

FLCC

Federated Hermes MDT Large Cap Core ETF

FLCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.60

Average Daily Volume

1,206

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$83.45

Average Daily Volume

20,038

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCC	FWD
30 Days	4.31%	4.33%
60 Days	7.12%	7.93%
90 Days	10.43%	7.47%
12 Months		45.49%

28 Overlapping Holdings

Symbol	Grade	Weight in FLCC	Weight in FWD	Overlap
AAPL	C	5.21%	0.73%	0.73%
ABBV	F	2.02%	0.71%	0.71%
ADBE	C	0.23%	0.73%	0.23%
AMAT	F	0.55%	0.93%	0.55%
AMZN	C	1.62%	1.36%	1.36%
ANET	C	1.5%	1.59%	1.5%
DASH	B	0.27%	1.05%	0.27%
DDOG	A	0.24%	0.95%	0.24%
FTNT	C	1.63%	1.2%	1.2%
GEV	B	2.12%	2.07%	2.07%
GOOGL	C	4.98%	0.53%	0.53%
HUBS	A	0.1%	0.66%	0.1%
ILMN	C	0.32%	0.62%	0.32%
LLY	F	0.29%	0.83%	0.29%
LRCX	F	0.06%	0.98%	0.06%
META	D	2.58%	1.44%	1.44%
MSFT	D	5.55%	0.69%	0.69%
MU	D	0.35%	1.04%	0.35%
NOW	A	0.12%	0.56%	0.12%
NVDA	B	3.99%	5.44%	3.99%
ORCL	A	0.38%	2.12%	0.38%
PLTR	B	0.32%	1.26%	0.32%
RBLX	C	0.25%	0.75%	0.25%
SPOT	B	1.98%	1.17%	1.17%
TER	F	0.03%	0.94%	0.03%
TSLA	B	0.28%	2.9%	0.28%
TT	A	0.43%	1.03%	0.43%
VRT	B	0.54%	1.63%	0.54%

FLCC Overweight 113 Positions Relative to FWD

Symbol	Grade	Weight
GDDY	A	2.54%
VLTO	C	2.36%
AMP	A	2.11%
PRU	A	1.86%
NTNX	B	1.71%
APP	B	1.53%
PM	B	1.53%
COST	A	1.5%
STT	B	1.47%
BK	A	1.46%
QCOM	F	1.42%
IBKR	A	1.2%
JNJ	C	1.12%
KRC	B	1.03%
NTRS	A	1.02%
TRV	B	1.02%
GILD	C	1.0%
EXPE	B	0.98%
WING	D	0.98%
SN	D	0.95%
KMB	C	0.87%
LNG	A	0.83%
GAP	C	0.83%
PGR	A	0.8%
MRK	D	0.76%
ALSN	B	0.71%
CL	D	0.71%
PPG	F	0.69%
PAYC	B	0.67%
AMGN	F	0.65%
RCL	A	0.64%
INCY	C	0.62%
COR	B	0.62%
BAH	F	0.61%
ZM	C	0.61%
PEGA	B	0.57%
MA	B	0.56%
VRSK	A	0.54%
EOG	A	0.54%
AAP	D	0.52%
KR	B	0.51%
ELAN	D	0.49%
MPC	D	0.47%
CEG	C	0.47%
PEP	F	0.46%
TRGP	A	0.46%
MUSA	B	0.46%
ZTS	D	0.45%
EBAY	D	0.43%
LII	A	0.41%
CRUS	D	0.4%
EIX	B	0.37%
FMC	D	0.37%
CRBG	B	0.37%
ORLY	B	0.36%
VRTX	D	0.34%
PVH	C	0.32%
NEM	D	0.32%
REGN	F	0.31%
ACGL	C	0.29%
TJX	A	0.29%
DXC	B	0.29%
ELV	F	0.28%
UNP	C	0.28%
WM	B	0.28%
OTIS	C	0.27%
MAS	D	0.27%
BIIB	F	0.27%
HUM	C	0.25%
VIRT	A	0.25%
DELL	B	0.25%
HIG	B	0.25%
CI	D	0.24%
HPE	B	0.23%
WEC	A	0.23%
ALLE	C	0.22%
CAH	B	0.22%
AXTA	B	0.22%
RYAN	A	0.2%
NTAP	C	0.2%
ICE	C	0.2%
CW	C	0.19%
CNC	D	0.18%
CRM	B	0.17%
ZI	D	0.17%
CBOE	C	0.17%
WU	F	0.16%
STLD	B	0.16%
GEHC	D	0.15%
R	B	0.15%
TFX	F	0.14%
ROK	C	0.14%
DVN	F	0.14%
MAN	F	0.13%
QRVO	F	0.12%
MSCI	C	0.12%
MOS	F	0.11%
CBRE	B	0.1%
PSX	C	0.1%
XEL	A	0.09%
ESS	B	0.09%
UNH	B	0.09%
UTHR	C	0.08%
EXC	C	0.07%
ALGN	D	0.07%
BERY	C	0.07%
SPG	A	0.06%
AA	A	0.05%
CCI	C	0.05%
SBAC	D	0.05%
ALNY	D	0.05%
F	C	0.04%
AMT	C	0.03%

FLCC Underweight 54 Positions Relative to FWD

Symbol	Grade	Weight
VST	A	-2.21%
ISRG	A	-1.59%
AVGO	D	-1.51%
TXN	C	-1.5%
BSX	A	-1.49%
NFLX	A	-1.45%
SHOP	B	-1.39%
MRVL	B	-1.23%
HWM	A	-1.18%
EPAM	B	-1.17%
TTD	B	-1.14%
COHR	B	-1.12%
ETN	A	-1.09%
CRWD	B	-1.08%
APO	B	-1.05%
ON	D	-1.01%
IOT	A	-1.01%
CAT	B	-0.97%
LSCC	D	-0.96%
ARM	F	-0.96%
TEAM	A	-0.94%
MDB	B	-0.91%
MELI	C	-0.86%
WAB	B	-0.85%
BKR	A	-0.84%
GWRE	A	-0.78%
SYK	B	-0.78%
CIEN	C	-0.76%
NEE	C	-0.74%
MNDY	C	-0.73%
SNPS	B	-0.73%
AMD	F	-0.7%
LITE	B	-0.68%
SLAB	F	-0.65%
ADI	D	-0.64%
BKNG	A	-0.61%
TMO	F	-0.6%
AFRM	A	-0.59%
CRL	D	-0.55%
FROG	C	-0.52%
UBER	F	-0.52%
RDDT	A	-0.51%
ABT	B	-0.5%
BSY	F	-0.49%
RGEN	D	-0.48%
IQV	F	-0.47%
MEDP	D	-0.46%
IPGP	D	-0.45%
ABNB	C	-0.45%
MPWR	F	-0.42%
FCX	F	-0.41%
PI	D	-0.41%
Z	A	-0.4%
CALX	D	-0.01%