FLCV vs. PAPI ETF Comparison

Comparison of Trust Federated Hermes MDT Large Cap Value ETF (FLCV) to Parametric Equity Premium Income ETF (PAPI)

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

$28.91

Average Daily Volume

2,185

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	FLCV	PAPI
30 Days	5.48%	3.08%
60 Days	7.84%	3.73%
90 Days	10.69%	4.88%
12 Months		19.25%

40 Overlapping Holdings

Symbol	Grade	Weight in FLCV	Weight in PAPI	Overlap
ABBV	D	2.06%	0.46%	0.46%
ABT	B	0.76%	0.52%	0.52%
CAH	B	0.52%	0.56%	0.52%
CI	F	0.33%	0.47%	0.33%
CMCSA	B	0.86%	0.54%	0.54%
CVX	A	0.75%	0.57%	0.57%
DTM	B	0.13%	0.62%	0.13%
DUK	C	0.11%	0.5%	0.11%
DVN	F	0.83%	0.5%	0.5%
EA	A	1.27%	0.59%	0.59%
ED	D	0.55%	0.48%	0.48%
ELV	F	0.41%	0.43%	0.41%
EOG	A	1.57%	0.56%	0.56%
FMC	D	0.54%	0.46%	0.46%
FNF	B	0.32%	0.51%	0.32%
GILD	C	1.65%	0.53%	0.53%
HIG	B	1.18%	0.51%	0.51%
HPE	B	1.3%	0.53%	0.53%
IBM	C	0.26%	0.46%	0.26%
JNJ	D	2.32%	0.5%	0.5%
KMB	D	1.9%	0.49%	0.49%
MAN	D	0.55%	0.44%	0.44%
MRK	F	0.16%	0.46%	0.16%
NEM	D	0.78%	0.38%	0.38%
OMC	C	0.3%	0.49%	0.3%
PEP	F	0.73%	0.48%	0.48%
PFG	D	0.14%	0.5%	0.14%
PM	B	2.44%	0.56%	0.56%
PPG	F	1.35%	0.49%	0.49%
PRU	A	2.52%	0.53%	0.53%
PSX	C	0.46%	0.52%	0.46%
QCOM	F	0.82%	0.49%	0.49%
SNX	C	0.07%	0.5%	0.07%
T	A	0.59%	0.55%	0.55%
TAP	C	0.26%	0.59%	0.26%
TJX	A	0.46%	0.54%	0.46%
TRV	B	1.84%	0.57%	0.57%
UNH	C	1.1%	0.55%	0.55%
VZ	C	0.15%	0.5%	0.15%
WEC	A	0.42%	0.52%	0.42%

FLCV Overweight 80 Positions Relative to PAPI

Symbol	Grade	Weight
VLTO	D	2.54%
AMP	A	2.5%
GDDY	A	2.48%
IBKR	A	2.24%
GEV	B	2.01%
FTNT	C	1.82%
EXC	C	1.63%
LNG	B	1.5%
STT	A	1.49%
PGR	A	1.47%
BK	A	1.47%
ALSN	B	1.47%
OTIS	C	1.43%
CL	D	1.4%
TT	A	1.29%
APP	B	1.28%
NTNX	A	1.27%
SLG	B	1.26%
UNP	C	1.22%
SBAC	D	1.22%
ICE	C	1.18%
SN	D	1.16%
KR	B	1.16%
NTRS	A	1.14%
KRC	C	1.13%
ZM	B	1.12%
TDG	D	1.08%
WM	A	1.07%
JPM	A	0.99%
GAP	C	0.96%
INCY	C	0.94%
AON	A	0.88%
BRK.A	B	0.87%
ILMN	D	0.86%
BERY	B	0.85%
WFC	A	0.85%
MPC	D	0.83%
CAT	B	0.82%
ELAN	D	0.81%
RCL	A	0.74%
BPOP	B	0.72%
AMGN	D	0.68%
PVH	C	0.66%
AAP	C	0.62%
VST	B	0.56%
NUE	C	0.48%
EBAY	D	0.45%
CRBG	B	0.37%
BIIB	F	0.34%
CNC	D	0.32%
ZTS	D	0.32%
GE	D	0.31%
TFX	F	0.27%
NTAP	C	0.27%
REGN	F	0.25%
DXC	B	0.23%
AA	B	0.23%
ETN	A	0.23%
HUM	C	0.22%
CEG	D	0.2%
PNR	A	0.18%
XRAY	F	0.18%
GLPI	C	0.18%
NOC	D	0.16%
PAYC	B	0.16%
MCD	D	0.16%
GM	B	0.15%
EIX	B	0.15%
UAL	A	0.12%
HCA	F	0.1%
AGCO	D	0.1%
ACGL	D	0.09%
FTI	A	0.08%
DIS	B	0.05%
CHRW	C	0.05%
LDOS	C	0.05%
MMM	D	0.04%
QRVO	F	0.03%
TGT	F	0.03%
ALNY	D	0.03%

FLCV Underweight 149 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	B	-0.63%
BKR	B	-0.62%
EMR	A	-0.61%
OKE	A	-0.61%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
PB	A	-0.59%
MO	A	-0.59%
IDA	A	-0.59%
KMI	A	-0.58%
CINF	A	-0.58%
JHG	A	-0.58%
WMB	A	-0.58%
JCI	C	-0.58%
WHR	B	-0.57%
RHI	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
SYK	C	-0.57%
LH	C	-0.57%
TXRH	C	-0.57%
FOXA	B	-0.57%
XEL	A	-0.57%
CMI	A	-0.57%
FAST	B	-0.56%
WSO	A	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
TROW	B	-0.56%
COP	C	-0.56%
VLO	C	-0.55%
PPL	B	-0.55%
DCI	B	-0.55%
INGR	B	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
OGE	B	-0.55%
GNTX	C	-0.54%
MOS	F	-0.54%
PAG	B	-0.54%
COR	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
WMT	A	-0.54%
CSCO	B	-0.54%
COST	B	-0.54%
CHD	B	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
ADP	B	-0.54%
MTN	C	-0.54%
AEE	A	-0.54%
MSFT	F	-0.53%
CTSH	B	-0.53%
LHX	C	-0.53%
AM	A	-0.53%
TXN	C	-0.53%
PAYX	C	-0.53%
ATO	A	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
GLW	B	-0.53%
HP	B	-0.52%
LNT	A	-0.52%
BMI	B	-0.52%
ROP	B	-0.52%
NFG	A	-0.52%
PG	A	-0.52%
ATR	B	-0.52%
PEG	A	-0.52%
UPS	C	-0.52%
HPQ	B	-0.52%
EXPD	D	-0.52%
XOM	B	-0.52%
CHRD	D	-0.52%
CME	A	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
DD	D	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
APD	A	-0.51%
LKQ	D	-0.51%
OXM	D	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
RTX	C	-0.5%
POWI	D	-0.5%
NYT	C	-0.5%
FE	C	-0.5%
GD	F	-0.5%
ACN	C	-0.5%
CCOI	B	-0.5%
AEP	D	-0.5%
RGLD	C	-0.5%
BG	F	-0.5%
D	C	-0.5%
MTG	C	-0.5%
SO	D	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
CHE	D	-0.49%
BBY	D	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
LIN	D	-0.49%
JKHY	D	-0.49%
EMN	D	-0.49%
HRL	D	-0.49%
CAG	D	-0.48%
LYB	F	-0.48%
AOS	F	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
RPRX	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
AMCR	D	-0.47%
LEN	D	-0.47%
ADM	D	-0.47%
KDP	D	-0.46%
ASH	D	-0.46%
HAS	D	-0.46%
KHC	F	-0.46%
IPG	D	-0.45%
SWKS	F	-0.45%
GPC	D	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	D	-0.45%
HUN	F	-0.44%
DOW	F	-0.44%
PFE	D	-0.44%
INSW	F	-0.44%
PII	D	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
HII	D	-0.39%
SCCO	F	-0.0%