# Federated Hermes MDT Large Cap Value ETF (FLCV) — Overview

FLCV · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/flcv

## Price

Last close $37.35 on Oct 15, 2026. 52-week range $29.62 – $38.08.

## Fund profile

FLCV is actively managed, investing primarily in large-cap US companies that are deemed undervalued within the Russell 1000 Value Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management.

| Metric | Value |
| --- | --- |
| Issuer | Federated Hermes, Inc. |
| Industry | — |
| Inception | Jul 30, 2024 |
| Assets under management | $212.0M |
| Expense ratio | 0.32% |
| Net asset value | $36.99 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Federated Hermes MDT Large Cap Value ETF (FLCV)?

FLCV is actively managed, investing primarily in large-cap US companies that are deemed undervalued within the Russell 1000 Value Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management.

### What is FLCV's expense ratio?

Federated Hermes MDT Large Cap Value ETF charges an annual expense ratio of 0.32%. The fund is issued by Federated Hermes, Inc..

### How large is FLCV?

Federated Hermes MDT Large Cap Value ETF manages $212.0M in assets and has traded since Jul 30, 2024.

### How do I buy shares of Federated Hermes MDT Large Cap Value ETF (FLCV)?

FLCV trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).