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PAYRvsFDVETF Comparison

ETF 1

PAYR

Federated Hermes Enhanced Income ETF

This fund is part of

Options Strategies

-0.04%

Full PAYR fund page

VS

ETF 2

FDV

Federated Hermes U.S. Strategic Dividend ETF

This fund is part of

US High Dividend

-0.59%

Full FDV fund page

Federated Hermes Enhanced Income ETF (PAYR) belongs to the Options Strategies segment. Federated Hermes U.S. Strategic Dividend ETF (FDV) is part of the US High Dividend segment. PAYR's top 3 sector exposures are Financials, Utilities and Energy. In contrast, FDV's top sector exposures are Utilities, Financials and Consumer Staples. PAYR is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.61% for FDV. PAYR is up 10.6% year-to-date (YTD) with +$15M in YTD flows. FDV performs worse with 9.52% YTD performance, and -$18M in YTD flows. Run a side-by-side ETF comparison of PAYR and FDV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PAYR vs FDV performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/08/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAYR FDV	+0.59%+0.01%	+9.82%+7.52%	+10.60%+9.52%	n/a+28.31%	n/a+38.76%	n/an/a
Flows	PAYR FDV	+$4M+$11M	+$15M-$4M	+$15M-$18M	-+$242M	-+$495M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAYR FDV	+9.73%+9.75%	n/a+12.03%	n/a+12.21%	n/an/a
Max drawdown	PAYR FDV	-5.20%-5.95%	n/a-5.95%	n/a-12.77%	n/an/a
Max drawdown duration	PAYR FDV	38d38d	n/a38d	n/a129d	n/an/a

Trading data

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	PAYR	FDV
Last sale 4/10/2026 at 1:30 PM	$54.50	$30.91
Previous close 04/09/2026	$54.81	$31.17
Consolidated volume 04/09/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/10/2026 at 1:30 PM

Live

Closed

	PAYR	FDV
Last price	$54.50	$30.91
1D performance	-0.56%	-0.83%
AuM	$27.83 M	$622.44 M
E/R	0.5%	0.61%

Characteristics

	PAYR	FDV
Management strategy	Active	Active
Provider	Federated Investment Management	Federated Investment Management
Benchmark	-	-
N° of holdings	39	48
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	October 7, 2025	November 15, 2022
ESG	No	No

More PAYR data on Trackinsight

More FDV data on Trackinsight

Exposure

Countries

PAYR

USA

74.28%

Canada

7.46%

Other

18.26%

FDV

USA

94.72%

Other

5.28%

Sectors

PAYR

Financials

15.22%

Utilities

14.09%

Energy

11.98%

Real Estate

10.48%

Health Care

10.42%

Consumer Staples

9.95%

Other

27.86%

FDV

Utilities

18.11%

Financials

15.54%

Consumer Staples

12.78%

Health Care

12.49%

Energy

9.87%

Information Techn.

9.39%

Other

21.82%

Diversification

PAYR

Total weight of top 15 holdings out of 15

43.89%

FDV

Total weight of top 15 holdings out of 15

45.61%

Top 15 holdings

Data as of February 28, 2026

PAYR

CHEVRON TEXACO

3.40%

US

3.38%

TRUIST FINANCIAL CORP

3.25%

ENBRIDGE

3.18%

AMGEN-T

3.03%

CME GROUP

2.89%

PFIZER

2.89%

KIMCO REALTY REIT

2.83%

EXXON

2.83%

PROLOGIS REIT

2.82%

PNC FINL SVC

2.76%

US80105N1054

2.74%

PEPSICO U

2.67%

PHILLIP MORRIS

2.64%

TC ENERGY CORP

2.58%

FDV

PAYCHEX

3.74%

PNC FINL SVC

3.65%

ABBVIE

3.63%

US

3.40%

AMGEN-T

3.37%

CHEVRON TEXACO

3.35%

PROLOGIS REIT

2.99%

EVERGY

2.92%

WEC ENERGY GROUP INC

2.83%

CME GROUP

2.74%

AMCOR PLC

2.69%

PHILLIP MORRIS

2.65%

PEPSICO U

2.60%

KIMCO REALTY REIT

2.54%

TEXAS INSTRUMENTS

2.51%

Frequently asked questions about PAYR and FDV

PAYRvsFDVETF Comparison

Federated Hermes Enhanced Income ETF

Federated Hermes U.S. Strategic Dividend ETF

PAYR vs FDV performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PAYR and FDV ETFs performed in 2026?

As of April 8, 2026, PAYR is up 10.6% year-to-date (YTD), while FDV has returned 9.52%. That puts PAYR better performer ahead so far this year.

Which ETF is attracting more investor money: PAYR or FDV?

Year-to-date, the PAYR ETF saw +$15M in flows, compared to -$18M for FDV.

Which ETF is bigger: PAYR or FDV?

As of April 8, 2026, PAYR holds $27.83 M in assets under management (AUM), while FDV manages $622.44 M.

What sectors do the PAYR and FDV ETFs invest in?

PAYR leans toward sectors like Financials, Utilities and Energy. Meanwhile, FDV focuses on Utilities, Financials and Consumer Staples.

What are the top holdings of the PAYR ETF and FDV ETF?

PAYR top holdings include CHEVRON TEXACO, US and TRUIST FINANCIAL CORP. FDV holds in its top three: PAYCHEX, PNC FINL SVC and ABBVIE.

Which ETF is more diversified: PAYR or FDV?

PAYR holds 43 securities with 43.89% of its assets in the top 15. FDV has 48 securities and a top 15 weight of 45.61%.

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