FLCV vs. IAK ETF Comparison

Comparison of Trust Federated Hermes MDT Large Cap Value ETF (FLCV) to iShares U.S. Insurance ETF (IAK)

FLCV

Trust Federated Hermes MDT Large Cap Value ETF

FLCV Description

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

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

2,095

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$132.21

Average Daily Volume

70,852

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLCV	IAK
30 Days	2.79%	1.24%
60 Days	8.31%	3.76%
90 Days	10.96%	9.46%
12 Months		39.17%

7 Overlapping Holdings

Symbol	Grade	Weight in FLCV	Weight in IAK	Overlap
ACGL	D	0.1%	3.94%	0.1%
FNF	C	0.32%	1.8%	0.32%
HIG	C	1.17%	4.05%	1.17%
PFG	C	0.14%	2.2%	0.14%
PGR	A	1.49%	16.51%	1.49%
PRU	B	2.45%	4.68%	2.45%
TRV	B	1.8%	6.35%	1.8%

FLCV Overweight 113 Positions Relative to IAK

Symbol	Grade	Weight
VLTO	C	2.54%
GDDY	A	2.49%
AMP	A	2.47%
PM	C	2.29%
JNJ	D	2.27%
IBKR	A	2.18%
ABBV	D	2.11%
GEV	B	1.98%
FTNT	B	1.95%
KMB	F	1.83%
GILD	C	1.75%
EXC	C	1.57%
EOG	A	1.52%
LNG	B	1.49%
ALSN	A	1.48%
STT	B	1.47%
BK	B	1.45%
OTIS	C	1.41%
CL	F	1.35%
NTNX	B	1.33%
PPG	F	1.32%
HPE	B	1.31%
TT	A	1.28%
SLG	C	1.26%
EA	A	1.25%
UNP	C	1.23%
APP	B	1.23%
ZM	B	1.22%
SBAC	D	1.2%
KR	A	1.19%
SN	C	1.17%
KRC	C	1.16%
TDG	B	1.16%
ICE	D	1.16%
UNH	B	1.14%
NTRS	A	1.11%
WM	A	1.09%
INCY	B	0.98%
GAP	B	0.97%
JPM	B	0.96%
ILMN	C	0.96%
AON	A	0.88%
CMCSA	B	0.87%
BRK.A	B	0.86%
BERY	C	0.85%
ELAN	D	0.84%
WFC	A	0.83%
CAT	C	0.83%
DVN	F	0.82%
QCOM	F	0.81%
MPC	D	0.8%
RCL	A	0.76%
NEM	F	0.76%
ABT	C	0.75%
PEP	D	0.75%
CVX	B	0.72%
AMGN	F	0.72%
BPOP	C	0.72%
PVH	C	0.66%
AAP	D	0.61%
T	A	0.57%
MAN	F	0.56%
ED	D	0.55%
FMC	F	0.54%
CAH	A	0.53%
VST	B	0.53%
NUE	C	0.49%
EBAY	C	0.45%
TJX	B	0.45%
PSX	D	0.44%
WEC	B	0.42%
ELV	F	0.42%
BIIB	F	0.36%
CRBG	C	0.36%
CI	D	0.34%
ZTS	D	0.32%
GE	C	0.32%
OMC	B	0.32%
CNC	F	0.32%
IBM	C	0.27%
TFX	F	0.27%
NTAP	D	0.27%
TAP	B	0.26%
DXC	B	0.26%
REGN	F	0.26%
ETN	A	0.24%
HUM	D	0.22%
AA	C	0.21%
CEG	D	0.2%
XRAY	F	0.18%
GLPI	D	0.18%
MCD	C	0.17%
PAYC	B	0.17%
NOC	C	0.17%
PNR	A	0.17%
MRK	F	0.16%
GM	A	0.15%
EIX	C	0.15%
VZ	C	0.14%
DTM	B	0.13%
UAL	B	0.12%
DUK	D	0.11%
AGCO	F	0.1%
HCA	D	0.1%
FTI	B	0.08%
SNX	C	0.07%
LDOS	B	0.06%
CHRW	A	0.05%
MMM	C	0.04%
ALNY	D	0.04%
DIS	B	0.04%
QRVO	F	0.03%
TGT	C	0.03%

FLCV Underweight 45 Positions Relative to IAK

Symbol	Grade	Weight
CB	C	-11.54%
AFL	C	-5.98%
MET	C	-4.7%
AIG	B	-4.6%
ALL	A	-4.48%
CINF	A	-2.76%
MKL	A	-2.54%
WRB	B	-2.15%
L	A	-1.8%
UNM	A	-1.39%
AIZ	A	-1.28%
ERIE	F	-1.27%
KNSL	C	-1.2%
GL	B	-1.18%
PRI	A	-1.18%
AFG	A	-1.16%
ORI	A	-1.04%
RLI	A	-0.84%
FAF	C	-0.78%
AXS	A	-0.76%
SIGI	B	-0.72%
THG	A	-0.68%
LNC	B	-0.62%
WTM	A	-0.58%
AGO	B	-0.52%
CNO	B	-0.49%
KMPR	A	-0.48%
BHF	B	-0.38%
GNW	B	-0.35%
OSCR	F	-0.32%
PLMR	C	-0.31%
MCY	B	-0.24%
STC	C	-0.24%
HMN	B	-0.21%
SKWD	A	-0.2%
TRUP	B	-0.2%
LMND	B	-0.18%
EIG	A	-0.16%
SAFT	B	-0.16%
AMSF	A	-0.14%
CNA	C	-0.14%
PRA	B	-0.1%
AMBC	C	-0.07%
UFCS	A	-0.06%
JRVR	F	-0.04%