---
ticker: "FHYS"
name: "Federated Hermes Short Duration High Yield ETF"
url: "https://etf.net/etf/FHYS"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "International High Yield Bond"
category_rank: "9 of 13"
methodology: "https://etf.net/methodology"
---

# FHYS: Federated Hermes Short Duration High Yield ETF

Grade **C**, Score 45 of 100. Rank 9 of 13 in International High Yield Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 10 | 12 of 13 |
| Mission | 72 | 7 of 11 |
| Risk | 66 | 3 of 13 |
| Tradability | 40 | 7 of 13 |
| Holdings | 63 | 8 of 13 |
| Durability | 39 | 9 of 13 |

## Top holdings

The fund holds 283 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Other Assets | 1.60% |
| 2 | — | Skydance Corp Secured 144A 10/31 8.25 | 1.11% |
| 3 | — | Venture Global Plaque Sr Secured 144A 12/30 6.125 | 1.07% |
| 4 | — | Hub International Ltd Sr Secured 144A 06/30 7.25 | 1.01% |
| 5 | — | Broadstreet Partners Grp Sr Unsecured 144A 04/29 5.875 | 1.00% |
| 6 | — | Ardonagh Finco Ltd Sr Secured 144A 02/31 7.75 | 0.87% |
| 7 | — | Cco Hldgs Llc/Cap Corp Sr Unsecured 144A 02/32 4.75 | 0.87% |
| 8 | — | Olympus Wtr Us Hldg Corp Sr Secured 144A 06/31 7.25 | 0.83% |
| 9 | — | Madison Iaq Llc Sr Unsecured 144A 06/29 5.875 | 0.83% |
| 10 | — | Cloud Software Grp Llc Secured 144A 09/29 9 | 0.80% |
| 11 | — | Transdigm Inc Sr Secured 144A 12/30 6.875 | 0.77% |
| 12 | — | Cco Hldgs Llc/Cap Corp Sr Unsecured 144A 03/31 7.375 | 0.74% |
| 13 | — | Alliant Hold / Co Issuer Sr Unsecured 144A 11/29 5.875 | 0.73% |
| 14 | — | Tallgrass Nrg Prtnr/Fin Company Guar 144A 09/31 6 | 0.73% |
| 15 | — | Usa Com Part/Usa Com Fin Company Guar 144A 03/29 7.125 | 0.73% |
| 16 | — | Jones Deslauriers Insura Sr Secured 144A 03/30 8.5 | 0.73% |
| 17 | — | Crosscountry Inter Sr Unsecured 144A 10/30 6.5 | 0.71% |
| 18 | — | Trivium Packaging Fin Sr Secured 144A 07/30 8.25 | 0.70% |
| 19 | — | Ss+c Technologies Inc Company Guar 144A 09/27 5.5 | 0.69% |
| 20 | — | Energizer Holdings Inc Company Guar 144A 03/29 4.375 | 0.68% |
| 21 | — | Transdigm Inc Sr Secured 144A 03/29 6.375 | 0.68% |
| 22 | — | 1011778 Bc / New Red Fin Sr Secured 144A 06/29 6.125 | 0.68% |
| 23 | — | Qxo Building Products Sr Secured 144A 04/32 6.75 | 0.67% |
| 24 | — | Antero Midstream Part/Fi Company Guar 144A 06/29 5.375 | 0.67% |
| 25 | — | Garda World Security Sr Unsecured 144A 06/29 6 | 0.66% |
| 26 | — | Iho Verwaltungs Gmbh Sr Secured 144A 11/30 7.75 | 0.65% |
| 27 | — | Rocket Software Inc Sr Secured 144A 11/28 9 | 0.65% |
| 28 | — | Amwins Group Inc Sr Unsecured 144A 06/29 4.875 | 0.64% |
| 29 | — | Meridian Arc Holdco Llc Sr Secured 144A 04/31 6.25 | 0.63% |
| 30 | — | Clarios Global Lp/Us Fin Sr Secured 144A 02/30 6.75 | 0.60% |

Source: etf.net, https://etf.net/etf/FHYS. Please cite the page URL.