FSCC

Federated Hermes MDT Small Cap Core ETF

$28.89
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Federated Hermes MDT Small Cap Core ETF seeks to provide investment results that correspond generally to the performance of the Nasdaq US Small Cap Select Leaders Index.

Overview

ETF tracking Federated Hermes MDT Small Cap Core ETF

Category Small Cap
Issuer Other
Inception Date 2024-07-31
Market Cap $40.5M
Average Volume N/A
Dividend Yield 0.15%
52-Week Range $20.61 - $30.34
VWAP $28.82

Performance

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Investment Summary

📎 Investment Objective

The Federated Hermes MDT Small Cap Core ETF seeks to provide investment results that correspond generally to the performance of the Nasdaq US Small Cap Select Leaders Index.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of small-capitalization U.S. stocks that exhibit favorable characteristics for long-term investment, as determined by Federated Hermes' proprietary multi-factor model.

✨ Key Features

  • Provides exposure to a diversified portfolio of small-cap U.S. stocks
  • Tracks an index that selects companies based on a multi-factor model focused on quality, value, and momentum
  • Relatively low expense ratio compared to actively managed small-cap funds
  • Suitable for investors seeking core small-cap equity exposure as part of a diversified portfolio

⚠️ Primary Risks

  • Risks associated with investing in small-capitalization companies, including higher volatility and lower liquidity
  • Potential for underperformance relative to the broader small-cap market if the index's selection criteria underperform
  • Market risk, as the value of the ETF's holdings may decline due to general market conditions
  • Tracking error risk, as the ETF may not perfectly replicate the performance of the underlying index

👤 Best For

The Federated Hermes MDT Small Cap Core ETF may be suitable for long-term investors seeking exposure to small-cap U.S. equities as part of a diversified portfolio. It may be particularly appealing to investors who prefer a passive, index-based approach to small-cap investing and are comfortable with the risks associated with the small-cap market segment.