Federated Hermes MDT Large Cap Core ETF (FLCC)

Federated Hermes MDT Large Cap Core ETF (FLCC) is an actively managed equity exchange-traded fund from Federated Hermes, launched in 2024. It seeks capital growth by investing mainly in large U.S. companies within the Russell 1000 Index universe.

The fund is run by the Federated MDT team, which uses a quantitative, model-driven process. The model evaluates companies across fundamental and technical characteristics to forecast relative returns and builds a portfolio that balances expected return against risk.

The core style means the fund draws from both growth and value segments of the large-cap market rather than concentrating on one. Because the process is systematic, the model is applied consistently across the Russell 1000 universe, and portfolio weights are adjusted as the model's forecasts change.