Family: | Federated Hermes |
Name: | Federated Hermes MDT Large Cap Growth ETF |
Inception Date: | 30-Jul-2024 |
Termination Date: | |
Investment Objective: | The Fund's objective is long-term capital appreciation. The Fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. The investment adviser's investment strategy utilizes a large-capitalization ("large-cap") growth approach by selecting most of its investments from companies listed in the Russell 1000 Growth Index, an index that measures the performance of those companies with higher price-to-book ratios and higher forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Adviser implements its strategy using a quantitative model driven by fundamental and technical stock selection variables. |
Prospectus | |
Top 10 Holdings | ||
APPLE INC | AAPL | 9.8601% |
MICROSOFT CORP | MSFT | 8.9801% |
NVIDIA CORP | NVDA | 8.7591% |
AMAZON.COM INC | AMZN | 7.3532% |
ALPHABET INC-CL A | GOOGL | 6.2406% |
META PLATFORMS INC-CLASS | META | 4.5510% |
SPOTIFY TECHNOLOGY SA | SPOT | 2.8208% |
COSTCO WHOLESALE CORP | COST | 2.7749% |
QUALCOMM INC | QCOM | 2.6608% |
AMERIPRISE FINANCIAL INC | AMP | 2.5065% |
Top 10 Holdings Weight: | 56.5% |
Number of Holdings: | 104 |
Shares Outstanding: | 420,000 |
Total Net Assets: | 11,600,400 |
NAV: | 27.62 |
Net Expense Ratio: | 0.39% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Other Quant Model |
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Market Cap: | Large Cap |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |