
Federated Hermes Short Duration Corporate ETF
The ETF.net FCSH Grade
Under classification review
This fund does not currently behave like the group it was assigned to, so its grouping is being re-reviewed. Grading pauses until the review resolves, because a letter measured against the wrong peer group would be a statement about the wrong funds.
Our read on FCSH
In short
A corner of the bond market run almost entirely by cheap index trackers, and FCSH shows up with a human credit team instead. Active short-maturity corporate bonds, a duration band written into the mandate, income paid monthly.
Stated mandate
The Fund seeks current income through a diversified portfolio of investment-grade, fixed-income securities.
Why people hold it
Worth knowing
FCSH Holdings
- Bonds
- 182
- 17%
- Bank of America Corp Sr Unsecured 09/29 Var
Sectors
- Corporate94.7%
- Government5.3%
Geography
- United States92.34%
- Ireland1.32%
- United Kingdom1.05%
- Japan0.80%
- Bermuda0.79%
- Singapore0.78%
- Netherlands0.74%
- France0.73%
- 1.45%
FCSH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FCSH |
|---|---|
| Year to date | +0.9% |
| 1 month | +1.3% |
| 3 months | +0.4% |
| 1 year | +1.8% |
| 3 years | +5.3% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FCSH |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +6.4% | |
| 2024 | +4.7% | |
| 2023 | +5.4% | |
| 2022 | −5.9% | |
| 2021 | +0.2% |
FCSH in the news
FCSH Dividends
- 4.64%
- $1.11
- $0.09 per share
- Monthly
Distribution history
FCSH Risk
- 2.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FCSH Cost
Overpaying vs VCSH, tied cheapest in Investment Grade Corporate (0-5 Year)
$5,511
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FCSH 0.30%
$6,149
VCSH 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | FCSH | VCSH | Overpaying |
|---|---|---|---|
| 10 | $545 | $55 | $490 |
| 20 | $2,113 | $216 | $1,897 |
| 30 | $6,149 | $638 | $5,511 |
Full fee 0.40% waiver 0.10% you pay 0.30%
Other funds in Investment Grade Corporate (0-5 Year)
- ASPSBState Street SPDR Portfolio Short Term Corporate Bond ETFExpense ratio 0.04%1 year return +2.7%
- AIGSBiShares 1-5 Year Investment Grade Corporate Bond ETFExpense ratio 0.04%1 year return +2.0%
- AVCSHVanguard Short-Term Corporate Bond ETFExpense ratio 0.03%1 year return +1.9%
- ASCHJSchwab 1-5 Year Corporate Bond ETFExpense ratio 0.03%1 year return +2.0%
- ASLQDiShares 0-5 Year Investment Grade Corporate Bond ETFExpense ratio 0.06%1 year return +2.4%




