Federated Hermes Total Return Bond ETF
$24.29−0.17 (−0.72%)
- Expense ratio
- 0.50%
- Fund size
- $628M
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.43%
- Holdings
- 699
- Volume · 30D
- 0.1M sh
- NAV per share
- $24.48
- 52W range
The ETF.net FTRB Grade
Score 43 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 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 47Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 20Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 50Category rank
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
- 699
- 57%
- FEDERATED CORE TR MTG CORE PORTFOLIO
Sectors
- Utilities100.0%
Geography
- United States99.92%
- Australia0.08%
FTRB 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 | FTRB |
|---|---|
| Year to date | −1.1% |
| 1 month | −0.9% |
| 3 months | −1.4% |
| 1 year | +0.2% |
| 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 | −1.1% | |
| 2025 | +7.6% | |
| 2024 | +2.5% |
FTRB in the news
ETF.net Research hasn’t filed on FTRB yet — coverage lands here as it’s written.
FTRB Dividends
- 4.43%
- $1.08
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 1, 2026 | $0.09 |
| Jul 31, 2026 | Aug 3, 2026 | $0.10 |
| Jun 30, 2026 | Jul 1, 2026 | $0.12 |
| May 29, 2026 | Jun 1, 2026 | $0.05 |
| Apr 30, 2026 | May 1, 2026 | $0.07 |
| Mar 31, 2026 | Apr 1, 2026 | $0.08 |
| Feb 27, 2026 | Mar 2, 2026 | $0.09 |
| Jan 30, 2026 | Feb 2, 2026 | $0.06 |
| Dec 31, 2025 | Jan 2, 2026 | $0.15 |
| Nov 28, 2025 | Dec 1, 2025 | $0.09 |
| Oct 31, 2025 | Nov 3, 2025 | $0.09 |
| Sep 30, 2025 | Oct 1, 2025 | $0.10 |
FTRB Risk
- 4.3%
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.
- −0.15
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
- The middle half of Investment Grade Corporate funds
- Median 0.30%
43 of the 49 Investment Grade Corporate funds charge less.