Federated Hermes Short Duration Corporate ETF
$23.74−0.09 (−0.38%)
- Expense ratio
- 0.40%
- Fund size
- $66M
- 1Y return
- +1.3%
- Yield · Last 12 months
- 4.26%
- Holdings
- 179
- Volume · 30D
- 0M sh
- NAV per share
- $23.80
- 52W range
The ETF.net FCSH Grade
Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 22Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 42Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 39Category rank
Our read on FCSH
CA 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.
The Fund seeks current income through a diversified portfolio of investment-grade, fixed-income securities.
Why people hold it
- The short-end lane is explicit: mostly 1-to-5-year corporate paper, with effective duration held between 1.5 and 3.5 years. Less rate sensitivity than intermediate corporate funds, by design.federatedhermes.comprnewswire.com
- Actively managed, not index-tracking. A dedicated Federated Hermes corporate fixed-income group picks the bonds, so credit calls are a person's judgment rather than whatever an index committee includes.prnewswire.com
- Income lands monthly, matching the cadence most short-bond holders budget around.
Worth knowing
- Active costs real money here: 0.40% a year, against roughly 0.19% for the typical investment-grade corporate ETF and 0.04% at index rivals like IGSB and SPIB.
- The mandate allows up to 10% in non-investment-grade bonds, so an "investment grade" label still leaves room for a slice of higher-risk credit.prnewswire.com
- It is thinly traded compared with the giants of its category, which tends to mean wider bid-ask spreads and more slippage on larger orders.
FCSH Holdings
- Bonds
- 179
- 17%
- BANK OF AMERICA CORP SR UNSECURED 09/29 VAR
Sectors
- Corporate94.8%
- Government5.2%
Geography
- United States100.00%
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 Sep 22, 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 | +0.3% |
| 1 month | −0.7% |
| 3 months | −0.1% |
| 1 year | +1.3% |
| 3 years | +5.0% |
| 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 | +0.3% | |
| 2025 | +6.4% | |
| 2024 | +4.7% | |
| 2023 | +5.4% | |
| 2022 | −5.9% | |
| 2021 | +0.2% |
FCSH in the news
ETF.net Research hasn’t filed on FCSH yet — coverage lands here as it’s written.
FCSH Dividends
- 4.26%
- $1.02
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 1, 2026 | $0.08 |
| Jul 31, 2026 | Aug 3, 2026 | $0.09 |
| Jun 30, 2026 | Jul 1, 2026 | $0.09 |
| May 29, 2026 | Jun 1, 2026 | $0.09 |
| Apr 30, 2026 | May 1, 2026 | $0.09 |
| Mar 31, 2026 | Apr 1, 2026 | $0.08 |
| Feb 27, 2026 | Mar 2, 2026 | $0.09 |
| Jan 30, 2026 | Feb 2, 2026 | $0.08 |
| Dec 31, 2025 | Jan 2, 2026 | $0.08 |
| Nov 28, 2025 | Dec 1, 2025 | $0.09 |
| Oct 31, 2025 | Nov 3, 2025 | $0.08 |
| Sep 30, 2025 | Oct 1, 2025 | $0.09 |
FCSH Risk
- 2.4%
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.
- 0.16
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.
FCSH Cost
- The middle half of Investment Grade Corporate (0-5 Year) funds
- Median 0.15%
20 of the 23 Investment Grade Corporate (0-5 Year) funds charge less.