FLCC vs VYM
Federated Hermes MDT Large Cap Core ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | FLCC | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.04% | |
| AUM | $133M | $81.6B | |
| Dividend Yield | 0.46% | 2.24% | |
| Holdings | 154 | 616 | |
| YTD Return | +13.71% | +14.84% | |
| 1Y Return | +17.25% | +20.88% | |
| 3Y Return (annualized) | - | +18.34% | |
| 5Y Return (annualized) | - | +12.04% | |
| Volatility (annualized) | 12.8% | 14.6% | |
| Max Drawdown | -19.2% | -58.8% | |
| Fund Family | Federated Hermes | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 30, 2024 | Nov 10, 2006 |
FLCC vs VYM Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is a ETF from Federated Hermes and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FLCC returned +17.25% while VYM returned +20.88%. Year to date, FLCC is up 13.71% versus a gain of 14.84% for VYM.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.8% for FLCC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.2% for FLCC and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLCC charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, FLCC currently yields 0.46% against 2.24% for VYM.
Holdings Overlap
FLCC and VYM share 56 holdings out of 699 unique holdings combined, representing a 16.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLCC or VYM?
FLCC has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, FLCC or VYM?
Over the past year FLCC returned +17.25% vs +20.88% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +19.79% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, FLCC or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 12.8% for FLCC. Worst drawdown: FLCC -19.2% vs VYM -58.8%.
Should I hold both FLCC and VYM?
FLCC and VYM have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLCC and VYM?
FLCC and VYM share 56 common holdings with a 16.1% weight overlap. Combined, they hold 699 unique securities.
Which pays a higher dividend, FLCC or VYM?
FLCC yields 0.46% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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