Federated Hermes Short Duration Corporate ETF
$23.70−0.01 (−0.06%)
- 0.40%
- $66M
- +1.0%
- 4.29%
- 0M sh
- $23.66
- low $23.57high $24.64
The ETF.net FCSH Grade
D
Score 39 out of 100
- 14 of 24
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F9 out of 100Rank 22 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 21 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F2 out of 100Rank 24 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 16 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 16 of 24
Our read on FCSH
DA 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
- 181
- 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.
Not enough history yet.Not enough history yet.
FCSH$10,096
Returns run to the Oct 12, 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 | +0.2% |
| 1 month | +0.1% |
| 3 months | −0.5% |
| 1 year | +1.0% |
| 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 | +0.2% | |
| 2025 | +6.4% | |
| 2024 | +4.7% | |
| 2023 | +5.4% | |
| 2022 | −5.9% | |
| 2021 | +0.2% |
FCSH in the news
FCSH Dividends
- 4.29%
- $1.02
- $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.
- 0.09
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
0.40%
FCSH0.40%
- 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.
Other funds in Investment Grade Corporate (0-5 Year)
- CCGSDCapital Group Short Duration Income ETFExpense ratio 0.25%1 year return +1.8%
- CPCSPGIM ETF Trust - PGIM Corporate Bond 0-5 Year ETFExpense ratio 0.20%1 year return +1.8%
- DCCSBCarbon Collective Short Duration Green Bond ETFExpense ratio 0.51%1 year return +0.5%
- DPRSDState Street Short Duration IG Public & Private Credit ETFExpense ratio 0.45%1 year return +2.4%
- FFSTBFidelity Short-Term Bond ETFExpense ratio 0.21%1 year return —