Federated Hermes MDT Large Cap Core ETF

FLCC

Market cap $130M

FLCC is an actively managed ETF blending growth and value stocks in the Russell 1000 Index. The fund has almost the same sector breakdown as the parent index, with a focus on technology. The track record of FLCC is short, but encouraging: it has outperformed the benchmark, and the Russell 1000 Growth and Value ETFs.

As active ETFs continue to mature, more and more firms are entering the space with renewed vigor. Active strategies offer real advantages as a “plus” option on top of a core, passive allocation, while also providing a landing spot for many investors' active mutual fund assets.