Federated Hermes Total Return Bond ETF
The ETF.net FTRB Grade
C
Score 50 out of 100
- 35 of 49
Score 50 of 100 falls in the C 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.F20 out of 100Rank 39 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 29 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 31 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 13 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F19 out of 100Rank 48 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 26 of 49
Our read on FTRB
In short
CAn ETF wrapper on Federated Hermes' long-running multi-sector bond strategy: an investment-grade core measured against the Bloomberg US Aggregate, with license to roam into high yield and foreign debt. Active, not an index tracker.
Stated mandate
The Fund seeks total return by investing primarily in U.S.-dollar-denominated, investment-grade fixed-income securities.
Why people hold it
Worth knowing
FTRB 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.Not enough history yet.
FTRB$10,002
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 | FTRB |
|---|---|
| Year to date | −0.5% |
| 1 month | +2.4% |
| 3 months | 0.0% |
| 1 year | 0.0% |
| 3 years | |
| 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 | FTRB |
|---|---|---|
| 2026 YTD | −0.5% | |
| 2025 | +7.6% | |
| 2024 | +2.5% |
FTRB in the news
FTRB Dividends
- 4.77%
- $1.16
- $0.10 per share
- Monthly
FTRB Risk
- 4.7%
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.
- −0.20
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.
- −4.8%
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.
- 0.12
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.
FTRB Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$7,260
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FTRB 0.39%
$7,898
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | FTRB | SPBO | Overpaying |
|---|---|---|---|
| 10 | $705 | $55 | $650 |
| 20 | $2,725 | $216 | $2,509 |
| 30 | $7,898 | $638 | $7,260 |
You pay 0.39%Waived by Federated Hermes 0.11%
Full fee 0.50% waiver 0.11% you pay 0.39%
Other funds in Investment Grade Corporate
- CFIGBFidelity Investment Grade Bond ETFExpense ratio 0.36%1 year return −0.5%
- CJLQDJanus Henderson Corporate Bond ETFExpense ratio 0.35%1 year return −1.3%
- CEYEGAB Corporate Bond ETFExpense ratio 0.30%1 year return −1.6%
- CUCRDVictoryShares Corporate Bond ETFExpense ratio 0.40%1 year return −0.6%
- CRJVIRJ Eagle Vertical Income ETFExpense ratio 0.51%1 year return +2.4%
