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FDV vs PAYR

Federated Hermes U.S. Strategic Dividend ETF vs Federated Hermes Enhanced Income ETF

FDV

Federated Hermes U.S. Strategic Dividend ETF

Annual cost

0.50%

Fund size

$763M

PAYR

Federated Hermes Enhanced Income ETF

Annual cost

0.40%

Fund size

$39M

Key differences

FDV is an equity ETF, while PAYR is an alternative ETF. FDV charges 0.50% a year and PAYR 0.40%.

  • FDV is an equity fund, while PAYR is an alternative fund. They carry different risk/return profiles.
  • FDV follows a active selection strategy; PAYR uses option income.
  • PAYR costs 0.10% less per year.
  • FDV is much larger than PAYR. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FDVPAYR
Annual cost (TER)0.50%0.40%
Fund size (AUM)$763M$39M
Since20222025
Dividend yield2.87%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1Y+20.5%N/A
CAGR 3Y+14.3%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.85N/A
Volatility 1Y10.62%
Max drawdown-16.70%-5.24%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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