| Family: | Federated Hermes |
| Name: | Federated Hermes MDT Large Cap Value ETF |
| Inception Date: | 30-Jul-2024 |
| Termination Date: | |
| Investment Objective: | The Fund's investment objective is to provide long-term capital appreciation. The Fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. The Fund's investment adviser's ("Adviser") investment strategy utilizes a large-cap value approach by selecting most of its investments from companies listed in the Russell 1000 Value Index, an index that measures the performance of those companies with lower price-to-book ratios and lower 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 Fund considers large-cap companies to be those within the range of companies listed in the Russell 1000 Value Index. |
| Prospectus | |
| Top 10 Holdings | ||
| ALPHABET INC-CL A | GOOGL | 4.5175% |
| MICRON TECHNOLOGY INC | MU | 4.3254% |
| TRAVELERS COS INC/THE | TRV | 2.9925% |
| JPMORGAN CHASE & CO | JPM | 2.4382% |
| AMAZON.COM INC | AMZN | 2.2561% |
| JOHNSON & JOHNSON | JNJ | 2.0595% |
| FISERV INC | FISV | 2.0018% |
| STATE STREET CORP | STT | 1.9329% |
| WALMART INC | WMT | 1.9317% |
| ABBVIE INC | ABBV | 1.7653% |
| Top 10 Holdings Weight: | 26.2% |
| Number of Holdings: | 129 |
| Shares Outstanding: | 2,715,000 |
| Total Net Assets: | 97,014,550 |
| NAV: | 35.74 |
| Net Expense Ratio: | 0.32% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
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| 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 |