Federated Hermes Total Return Bond ETF
$24.09+0.03 (+0.12%)
- 0.50%
- $674M
- −1.6%
- 4.43%
- 0.2M sh
- $24.04
- low $23.86high $25.79
The ETF.net FTRB Grade
C
Score 46 out of 100
- 35 of 49
Score 46 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.F9 out of 100Rank 42 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 29 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C44 out of 100Rank 27 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 14 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F19 out of 100Rank 45 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 27 of 49
Our read on FTRB
CNot another cheap corporate-bond index tracker. This one is actively run core-plus: investment-grade dollar bonds at the core, Treasuries, mortgage paper and a slice of high yield around the edges, steered by Federated Hermes' Alpha Pod process.
The Fund seeks total return by investing primarily in U.S.-dollar-denominated, investment-grade fixed-income securities.
Why people hold it
- Human judgment, not a rules list: the Alpha Pod framework splits the work into five calls (duration, yield curve, sector allocation, security selection, currency) handled by specialist teams.federatedhermes.comservices.federatedhermes.com
- Core-plus reach in one ticket: primarily US-dollar investment-grade bonds, with room for Treasuries, mortgage and asset-backed paper, and select foreign debt when the team likes the risk-reward.federatedhermes.com
- Pays monthly, and the portfolio has stayed tightly aligned with the investment-grade dollar-bond mandate its prospectus describes.
Worth knowing
- Active pricing: 0.51% a year against a cohort median near 0.19%, with index heavyweights VCIT and USIG at 0.03% to 0.04%. A fee waiver has been trimming the net figure.federatedhermes.com
- The mandate allows up to 25% in below-investment-grade bonds plus limited foreign and unhedged currency exposure, so credit and currency risk can sit above a pure investment-grade index fund.federatedhermes.com
- Launched in January 2024, so the live record is short next to corporate-bond trackers that have been compounding through multiple rate cycles.
FTRB Holdings
- Bonds
- 688
- 58%
- MBB
Sectors
- Industrials100.0%
Geography
- United States99.93%
- Australia0.07%
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$9,843
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 | FTRB |
|---|---|
| Year to date | −2.4% |
| 1 month | −1.3% |
| 3 months | −2.5% |
| 1 year | −1.6% |
| 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 | −2.4% | |
| 2025 | +7.6% | |
| 2024 | +2.5% |
FTRB in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
FTRB Dividends
- 4.43%
- $1.07
- $0.08 per share
- Monthly
Distribution history
FTRB Risk
- 4.6%
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.
- −0.39
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.
FTRB Cost
0.50%
FTRB0.50%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
43 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- CUCRDVictoryShares Corporate Bond ETFExpense ratio 0.47%1 year return −1.9%
- CIGBHiShares Interest Rate Hedged Long-Term Corporate Bond ETFExpense ratio 0.39%1 year return +6.5%
- CLQDIiShares Inflation Hedged Corporate Bond ETFExpense ratio 0.33%1 year return −2.6%
- CIGCBTCW Corporate Bond ETFExpense ratio 0.35%1 year return −2.8%
- CLQDHiShares Interest Rate Hedged Corporate Bond ETFExpense ratio 0.44%1 year return +5.7%