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PAYRvsFVDETF Comparison

ETF 1

PAYR

Federated Hermes Enhanced Income ETF

This fund is part of

Options Strategies

-0.49%

Full PAYR fund page

VS

ETF 2

FVD

First Trust Value Line Dividend ETF - USD

This fund is part of

US High Dividend

-0.37%

Full FVD fund page

Federated Hermes Enhanced Income ETF (PAYR) belongs to the Options Strategies segment. First Trust Value Line Dividend ETF - USD (FVD) is part of the US High Dividend segment. PAYR's top 3 sector exposures are Finance, Utilities and Consumer Non-Cyclicals. In contrast, FVD's top sector exposures are Finance, Utilities and Industrials. PAYR is more expensive with a Total Expense Ratio (TER) of 0.74%, versus 0.61% for FVD. PAYR is up 14.77% year-to-date (YTD) with +$61M in YTD flows. FVD performs worse with 8.11% YTD performance, and -$976M in YTD flows. Run a side-by-side ETF comparison of PAYR and FVD 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 FVD 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 09/10/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAYR FVD	-0.19%-2.61%	+3.46%+3.64%	+14.77%+8.11%	n/a+9.49%	n/a+36.18%	n/a+33.64%
Flows	PAYR FVD	+$14M-$134M	+$34M-$275M	+$61M-$976M	--$1.69B	--$5.62B	--$5.74B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAYR FVD	+12.01%+11.46%	n/a+10.06%	n/a+11.37%	n/a+12.95%
Max drawdown	PAYR FVD	-3.41%-3.55%	n/a-7.26%	n/a-11.94%	n/a-16.64%
Max drawdown duration	PAYR FVD	17d16d	n/a136d	n/a233d	n/a792d

Trading data

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	PAYR	FVD
Last sale 9/11/2026 at 1:30 PM	$55.05	$49.12
Previous close 09/10/2026	$54.91	$49.02
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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PAYR

is actively managed and doesn’t replicate an index

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	PAYR	FVD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	PAYR	FVD
Last price	$55.05	$49.12
1D performance	+0.25%	+0.20%
AuM	$73.99 M	$7.97 B
E/R	0.74%	0.61%

Characteristics

	PAYR	FVD
Management strategy	Active	Passive
Provider	Federated Investment Management	First Trust
Benchmark	-	Value Line Dividend Index
N° of holdings	50	245
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 7, 2025	August 19, 2003
ESG	No	No

More PAYR data on Trackinsight

More FVD data on Trackinsight

Exposure

Countries

PAYR

USA

69.78%

Other

30.22%

FVD

USA

79.8%

Other

20.2%

Sectors

PAYR

Finance

25.21%

Utilities

13.55%

Consumer Non-Cycl.

13.48%

Healthcare

13.39%

Energy

10.46%

Other

23.9%

FVD

Finance

28.92%

Utilities

16.67%

Industrials

11.67%

Consumer Non-Cycl.

10.45%

Healthcare

8.09%

Other

24.2%

Diversification

PAYR

Total weight of top 15 holdings out of 15

44.53%

FVD

Total weight of top 15 holdings out of 15

7.39%

Top 15 holdings

Data as of July 31, 2026

PAYR

U.S. Bancorp

3.98%

Paychex, Inc.

3.91%

Verizon Communications, Inc.

3.30%

TotalEnergies SE

3.19%

British American Tobacco plc

3.15%

Enbridge, Inc.

3.13%

Medtronic Plc

2.80%

Kimco Realty Corp.

2.80%

Sanofi

2.79%

Prologis, Inc.

2.74%

The PNC Financial Services Group, Inc.

2.69%

AbbVie, Inc.

2.67%

PepsiCo, Inc.

2.54%

FirstEnergy Corp.

2.44%

Pfizer Inc.

2.40%

FVD

Equity Residential

0.78%

Cognizant Technology Solutions Corp.

0.52%

SAP SE

0.51%

Dolby Laboratories, Inc.

0.50%

Fox Corp.

0.48%

Accenture Plc

0.47%

Broadridge Financial Solutions, Inc.

0.47%

Becton, Dickinson & Co.

0.47%

Merck & Co., Inc.

0.46%

Amgen, Inc.

0.46%

Comcast Corp.

0.46%

Amdocs Ltd.

0.46%

Avery Dennison Corp.

0.45%

Rio Tinto Plc

0.45%

Honda Motor Co., Ltd.

0.45%

Frequently asked questions about PAYR and FVD

How have the PAYR and FVD ETFs performed in 2026?

As of September 10, 2026, PAYR is up 14.77% year-to-date (YTD), while FVD has returned 8.11%. That puts PAYR better performer ahead so far this year.

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

Year-to-date, the PAYR ETF saw +$61M in flows, compared to -$976M for FVD.

Which ETF is bigger: PAYR or FVD?

As of September 10, 2026, PAYR holds $73.99 M in assets under management (AUM), while FVD manages $7.97 B.

What sectors do the PAYR and FVD ETFs invest in?

PAYR leans toward sectors like Finance, Utilities and Consumer Non-Cyclicals. Meanwhile, FVD focuses on Finance, Utilities and Industrials.

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

PAYR top holdings include U.S. Bancorp, Paychex, Inc. and Verizon Communications, Inc.. FVD holds in its top three: Equity Residential, Cognizant Technology Solutions Corp. and SAP SE.

PAYRvsFVDETF Comparison

Federated Hermes Enhanced Income ETF

First Trust Value Line Dividend ETF - USD

PAYR vs FVD 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 FVD ETFs performed in 2026?

As of September 10, 2026, PAYR is up 14.77% year-to-date (YTD), while FVD has returned 8.11%. That puts PAYR better performer ahead so far this year.

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

Year-to-date, the PAYR ETF saw +$61M in flows, compared to -$976M for FVD.

Which ETF is bigger: PAYR or FVD?

As of September 10, 2026, PAYR holds $73.99 M in assets under management (AUM), while FVD manages $7.97 B.

What sectors do the PAYR and FVD ETFs invest in?

PAYR leans toward sectors like Finance, Utilities and Consumer Non-Cyclicals. Meanwhile, FVD focuses on Finance, Utilities and Industrials.

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

PAYR top holdings include U.S. Bancorp, Paychex, Inc. and Verizon Communications, Inc.. FVD holds in its top three: Equity Residential, Cognizant Technology Solutions Corp. and SAP SE.

Which ETF is more diversified: PAYR or FVD?

PAYR holds 50 securities with 44.53% of its assets in the top 15. FVD has 245 securities and a top 15 weight of 7.39%.

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