FLCG ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The Federated Hermes MDT Large Cap Growth ETF (FLCG) is an actively managed equity ETF with $0.29 billion in assets under management. FLCG focuses on large-cap U.S.

growth stocks, distinguishing itself through an active management approach that aims to outperform the market. With an expense ratio of 0.39%, FLCG, primarily in the technology sector, making it a potentially attractive option for investors seeking growth within the large-cap space. Past performance does not guarantee future results.

Federated Hermes MDT Large Cap Growth ETF (FLCG) ETF — Price, Holdings & Analysis

The Federated Hermes MDT Large Cap Growth ETF (FLCG) is an actively managed equity ETF with $0.29 billion in assets under management. FLCG focuses on large-cap U.S. growth stocks, distinguishing itself through an active management approach that aims to outperform the market. With an expense ratio of 0.39%, FLCG, primarily in the technology sector, making it a potentially attractive option for investors seeking growth within the large-cap space. Past performance does not guarantee future results.

ETF Overview

The fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in a mix of large-cap investments and growth investments. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

FLCG aims to achieve capital appreciation by investing primarily in the common stock of large-sized U.S. companies exhibiting growth characteristics. The ETF employs an active management strategy, where the fund manager actively trades portfolio securities to achieve the investment objective. This contrasts with passively managed ETFs that track an index. FLCG invests at least 80% of its net assets in a mix of large-cap and growth investments. The fund's top holdings reflect a strong emphasis on technology, with NVIDIA Corp (12.70%), Apple Inc (10.88%), and Microsoft Corp (8.76%) representing significant allocations. Other notable holdings include Alphabet Inc (7.07%) and Broadcom Inc (4.44%). Sector allocation is heavily weighted towards Technology (53.7%), followed by Consumer Cyclical (13.4%) and Communication Services (12.2%). This concentrated portfolio and active management style differentiate FLCG from more diversified, passively managed large-cap growth ETFs. Past performance does not guarantee future results.

Risk Metrics

FLCG carries several risks inherent to its investment strategy. The ETF's introduces significant concentration risk, meaning the performance of a few key stocks can disproportionately impact the fund's overall returns. The heavy allocation to the Technology sector (53.7%) exposes FLCG to sector-specific risks, such as regulatory changes, technological obsolescence, and shifts in consumer demand. While the ETF's 3-year beta is currently 0.00, this may not accurately reflect its future volatility, especially given its active management and concentrated holdings. The expense ratio of 0.39% will create a drag on performance compared to lower-cost passive ETFs. Investors should carefully consider their risk tolerance and investment objectives before investing in FLCG. Past performance does not guarantee future results.

Expense Ratio

0.39%

What does FLCG hold?

Holding	Weight
NVIDIA Corp (NVDA)	12.70%
Apple Inc (AAPL)	10.88%
Microsoft Corp (MSFT)	8.76%
Alphabet Inc Class A (GOOGL)	7.07%
Broadcom Inc (AVGO)	4.44%
Amazon.com Inc (AMZN)	2.87%
Fiserv Inc (FISV)	2.59%
Meta Platforms Inc Class A (META)	2.54%
AbbVie Inc (ABBV)	2.34%
Viking Holdings Ltd (VIK)	2.33%

How Is the Fund Allocated?

Sector	Weight
Technology	53.7%
Consumer Cyclical	13.4%
Communication Services	12.2%
Healthcare	8.6%
Industrials	5.6%
Financial Services	4.0%
Consumer Defensive	1.7%
Basic Materials	0.7%
Energy	0.2%
Cash & Others	0.0%

Dividend Yield

0.00%

iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
ARK Innovation ETF (ARKK) — 0.75% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Federated Hermes MDT Large Cap Core ETF (FLCC) (Equity) — 0.29% expense ratio
Federated Hermes MDT Small Cap Core ETF (FSCC) (Equity) — 0.36% expense ratio
Federated Hermes MDT Market Neutral ETF (MKTN) (Alternatives) — 2.10% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is FLCG and what does it track?

The Federated Hermes MDT Large Cap Growth ETF (FLCG) is an actively managed fund that invests primarily in large-sized U.S. companies with growth characteristics.

Unlike passive ETFs that track a specific index, FLCG's investment strategy involves active trading of its portfolio securities by the fund manager in an attempt to outperform the market.

What is the expense ratio for FLCG?

The expense ratio for the Federated Hermes MDT Large Cap Growth ETF (FLCG) is 0.39%. This means that for every $10,000 invested in the fund, investors will pay $39 in annual fees to cover the fund's operating expenses.

While this is a reasonable expense ratio, it's important to note that it can impact overall returns over time.

What are the top holdings in FLCG?

As of 2026-03-15, the top holdings in the Federated Hermes MDT Large Cap Growth ETF (FLCG) are concentrated in a few key companies. The largest holding is NVIDIA Corp, representing 12.70% of the portfolio.

Apple Inc follows as the second-largest holding at 10.88%, and Microsoft Corp is the third-largest, comprising 8.76% of the fund.

Is FLCG a good long-term investment?

Whether FLCG is a suitable long-term investment depends on an individual investor's risk tolerance, investment objectives, and time horizon.

FLCG's active management strategy and concentrated portfolio offer the potential for outperformance, but also introduce higher risk compared to diversified, passively managed ETFs.

How does FLCG compare to similar ETFs?

FLCG differentiates itself through its active management approach, contrasting with many passively managed large-cap growth ETFs that track broader market indices. With AUM of $0.29 billion, FLCG is smaller than some of the more established ETFs in the category.

Does FLCG pay dividends?

As of 2026-03-15, the Federated Hermes MDT Large Cap Growth ETF (FLCG) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs that focus on dividend-paying stocks. The fund's focus is primarily on capital appreciation through growth stocks, rather than income generation.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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