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PAYRvsFVDETF 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

FVD

First Trust Value Line Dividend ETF - USD

This fund is part of

US High Dividend

+0.33%

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, Healthcare and Utilities. In contrast, FVD's top sector exposures are Finance, Utilities and Consumer Non-Cyclicals. PAYR is more expensive with a Total Expense Ratio (TER) of 0.74%, versus 0.61% for FVD. PAYR is up 15.67% year-to-date (YTD) with +$43M in YTD flows. FVD performs worse with 9.65% YTD performance, and -$786M 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 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAYR FVD	+4.87%+4.45%	+6.51%+5.47%	+15.67%+9.65%	n/a+11.54%	n/a+30.46%	n/a+37.83%
Flows	PAYR FVD	+$15M-$83M	+$18M-$259M	+$43M-$786M	--$1.62B	--$5.68B	--$5.59B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAYR FVD	+13.17%+11.84%	n/a+10.06%	n/a+11.34%	n/a+12.95%
Max drawdown	PAYR FVD	-3.41%-2.89%	n/a-7.26%	n/a-11.94%	n/a-16.64%
Max drawdown duration	PAYR FVD	17d42d	n/a136d	n/a233d	n/a792d

Trading data

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	PAYR	FVD
Last sale 7/28/2026 at 1:30 PM	$56.90	$51.02
Previous close 07/27/2026	$56.05	$50.16
Consolidated volume 07/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 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 7/28/2026 at 1:30 PM

Live

Closed

	PAYR	FVD
Last price	$56.90	$51.02
1D performance	+1.52%	+1.71%
AuM	$56.72 M	$8.27 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	48	249
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

67.49%

Other

32.51%

FVD

USA

79.34%

Other

20.66%

Sectors

PAYR

Finance

24.98%

Healthcare

14.45%

Utilities

14.43%

Consumer Non-Cycl.

13.52%

Energy

10.71%

Other

21.92%

FVD

Finance

29.31%

Utilities

17.05%

Consumer Non-Cycl.

10.98%

Industrials

10.61%

Healthcare

7.71%

Other

24.34%

Diversification

PAYR

Total weight of top 15 holdings out of 15

44.36%

FVD

Total weight of top 15 holdings out of 15

6.56%

Top 15 holdings

Data as of June 30, 2026

PAYR

U.S. Bancorp

3.96%

AbbVie, Inc.

3.45%

Paychex, Inc.

3.42%

Enbridge, Inc.

3.24%

British American Tobacco plc

3.11%

Kimco Realty Corp.

3.09%

TotalEnergies SE

2.93%

Sanofi

2.86%

Verizon Communications, Inc.

2.79%

TC Energy Corp.

2.78%

The PNC Financial Services Group, Inc.

2.76%

Prologis, Inc.

2.66%

Pfizer Inc.

2.50%

FirstEnergy Corp.

2.49%

WEC Energy Group, Inc.

2.32%

FVD

Brown & Brown, Inc.

0.45%

Jack Henry & Associates, Inc.

0.45%

RLI Corp.

0.45%

The Kraft Heinz Co.

0.44%

Reynolds Consumer Products, Inc.

0.44%

International Business Machines Corp.

0.44%

General Mills, Inc.

0.44%

Arthur J. Gallagher & Co.

0.44%

The Marzetti Co.

0.43%

Kimberly-Clark Corp.

0.43%

Sonoco Products Co.

0.43%

Conagra Brands, Inc.

0.43%

Quest Diagnostics, Inc.

0.43%

Automatic Data Processing, Inc.

0.43%

Labcorp Holdings, Inc.

0.43%

Frequently asked questions about PAYR and FVD

How have the PAYR and FVD ETFs performed in 2026?

As of July 24, 2026, PAYR is up 15.67% year-to-date (YTD), while FVD has returned 9.65%. 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 +$43M in flows, compared to -$786M for FVD.

Which ETF is bigger: PAYR or FVD?

As of July 24, 2026, PAYR holds $56.72 M in assets under management (AUM), while FVD manages $8.27 B.

What sectors do the PAYR and FVD ETFs invest in?

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

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

PAYR top holdings include U.S. Bancorp, AbbVie, Inc. and Paychex, Inc.. FVD holds in its top three: Brown & Brown, Inc., Jack Henry & Associates, Inc. and RLI Corp..

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 July 24, 2026, PAYR is up 15.67% year-to-date (YTD), while FVD has returned 9.65%. 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 +$43M in flows, compared to -$786M for FVD.

Which ETF is bigger: PAYR or FVD?

As of July 24, 2026, PAYR holds $56.72 M in assets under management (AUM), while FVD manages $8.27 B.

What sectors do the PAYR and FVD ETFs invest in?

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

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

PAYR top holdings include U.S. Bancorp, AbbVie, Inc. and Paychex, Inc.. FVD holds in its top three: Brown & Brown, Inc., Jack Henry & Associates, Inc. and RLI Corp..

Which ETF is more diversified: PAYR or FVD?

PAYR holds 50 securities with 44.36% of its assets in the top 15. FVD has 249 securities and a top 15 weight of 6.56%.

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