Federated Hermes ETF Trust (FLCV)

ETF Federated Hermes ETF Trust (FHER)

Profile:

FHER is an actively managed ETF that primarily invests in U.S. large-cap equity securities. The portfolio manager aims to achieve long-term capital appreciation through a combination of stock selection and active management. The ETF focuses on undervalued companies with strong growth potential.

Objective:

The primary investment goal of FHER is to provide shareholders with long-term capital appreciation.

Issuer:

Federated Hermes, Inc. is the issuer of FHER.

Reputation and Reliability:

Federated Hermes is a well-established and reputable investment management firm with a long history of serving institutional and individual investors. The firm has a strong track record of managing investment portfolios and delivering strong returns.

Management:

The portfolio manager of FHER is Robert W. Reynolds, CFA. Mr. Reynolds has over 25 years of experience in the investment industry, including over 15 years of experience managing equity portfolios. He has a strong track record of success in identifying undervalued companies with strong growth potential.

Market Share:

FHER has a market share of approximately 0.05% in the U.S. large-cap equity ETF market.

Total Net Assets:

As of September 30, 2023, FHER has total net assets of approximately $2.5 billion.

Moat:

FHER's competitive advantages include its experienced portfolio manager, its active management approach, and its focus on undervalued companies with strong growth potential.

Financial Performance:

FHER has outperformed the S&P 500 Index over the past three and five years.

Benchmark Comparison:

FHER's benchmark index is the S&P 500 Index. The ETF has outperformed the S&P 500 Index over the past three and five years.

Growth Trajectory:

FHER is a relatively new ETF, so its growth trajectory is still being established. However, the ETF has a solid track record of performance and is actively managed by a team of experienced investment professionals.

Liquidity:

FHER has an average daily trading volume of approximately 20,000 shares. The ETF also has a tight bid-ask spread, which makes it relatively easy to buy and sell shares.

Market Dynamics:

The market environment can significantly impact FHER's performance. Factors such as economic growth, interest rates, and investor sentiment can all affect the value of the ETF's underlying holdings.

Competitors:

The primary competitors of FHER include iShares Core S&P 500 (IVV), Vanguard S&P 500 ETF (VOO), and SPDR S&P 500 ETF Trust (SPY).

Expense Ratio:

FHER has an expense ratio of 0.45%.

Investment Approach and Strategy:

FHER is actively managed and aims to outperform the S&P 500 Index. The portfolio manager uses a bottom-up approach to stock selection, focusing on identifying undervalued companies with strong growth potential. The ETF typically holds a portfolio of 50-75 stocks.

Key Points:

• Actively managed ETF that focuses on U.S. large-cap stocks.
• Managed by an experienced investment team.
• Has outperformed the S&P 500 Index over the past three and five years.
• Expense ratio of 0.45%.

Risks:

• The value of FHER can fluctuate significantly due to market conditions.
• The ETF is concentrated in a small number of stocks, which could lead to increased volatility.
• FHER is actively managed, which means that there is a risk that the portfolio manager could make investment decisions that do not produce the desired results.

Who Should Consider Investing:

FHER is suitable for investors who are seeking long-term capital appreciation and are comfortable with a higher level of risk. The ETF is also suitable for investors who want exposure to the U.S. large-cap equity market through an actively managed fund.

Fundamental Rating Based on AI:

8/10

FHER has a strong track record of performance, a competitive expense ratio, and is actively managed by an experienced investment team. These factors suggest that FHER is a well-managed ETF that is likely to continue to outperform the market over the long term. However, investors should be aware of the risks associated with investing in an actively managed ETF.

Resources and Disclaimers:

• https://etfdb.com/etf/FHER/
• https://www.federatedinvestors.com/etf/fher
• https://finance.yahoo.com/quote/FHER/fund-performance
• https://www.morningstar.com/etfs/arcx/fher/quote

Disclaimer:

This information is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions.