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Launched · SEC filings

Federated Hermes Ultrashort Bond ETF

FUSDCboeFederated HermesD

$24.94+0.03 (+0.12%)

As of Nov 5, 2026, 12:19 PM ET

D37/ 100

Rank 69 of 78 in Cash & Ultra-Short Income

D37/100Rank 69 of 78inCash & Ultra-Short Income
Intraday session: up, 32 prints from 24.91 to 24.94. Range 24.91 to 24.94. Use the arrow keys to read each point.24.9124.9224.9324.9324.9310 AM12 PM2 PM4 PM
Expense ratio
0.18%*
Fund size
$36M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
145
Avg volume · 30D
1.71K sh
52W range
low $23.74high $25.83
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Jun 1, 2027. Without it: 0.29%.

The ETF.net FUSD Grade

D

Score 37 out of 100

Category
Cash & Ultra-Short Income⁠
Rank
69 of 78
Six-pillar profile for FUSD. Scores out of 100: Cost 54, Risk 60, Mission 20, Tradability 2, Holdings 69, Durability 13. Strongest: Holdings (69). Weakest: Tradability (2). Leans toward Holdings.

Score 37 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.
    C54 out of 100
    Rank 33 of 78

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F20 out of 100
    Rank 67 of 67

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 8 of 75

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F2 out of 100
    Rank 78 of 78

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B69 out of 100
    Rank 25 of 77

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F13 out of 100
    Rank 73 of 78

FUSD Holdings

Holdings pillarB69 out of 100Rank 25 of 77 in Cash & Ultra-Short Income
Asset class
Stocks
Holdings
145
Top-10 weight
17%
Largest holding
Federated Core Tr Mutual Fund3.5%

Sectors

  • Securitized48.7%
  • Corporate47.7%
  • Government3.6%

Geography

  • Greece100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 10.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataFederated Core Tr Mutual Fund3.52%151,391$1.26M1
2No dataUs Treasury N/B 11/27 4.1252.77%1,000,000$996K27
3No dataFederated Core Tr Iii Federated Proj+trade Fin Core2.52%101,060$904K2
4No dataJw Commercial Mortgage Trust Jw 2026 Mrco A 144A1.39%500,000$500K7
5No dataSbna Auto Receivables Trust Sbat 2025 SF1 D 144A1.39%500,000$498K3
6No dataSba Communications Corp Sr Unsecured 01/30 4.8751.09%400,000$391K32
7No dataFederated Core Tr Mutual Fund1.00%41,251$358K2
8No dataDell Equipment Finance Trust Deft 2026 2A D 144A0.98%350,000$352K6
9No dataAmerican Honda Finance Sr Unsecured 09/28 Var0.98%350,000$351K8
10No dataEvergreen Credit Card Trust Evgrn 2026 1A C 144A0.98%350,000$351K1
11No dataToronto Dominion Bank Sr Unsecured 09/28 Var0.97%350,000$349K6
12No dataPenske Truck Leasing/Ptl Sr Unsecured 144A 07/29 5.250.97%350,000$348K21
13No dataChase Auto Owner Trust Chaot 2023 Aa A4 144A0.95%340,000$343K1
14No dataGeneral Motors Finl Co Sr Unsecured 04/28 Var0.92%330,000$331K10
15No dataFidelity Natl Info Serv Sr Unsecured 03/29 Var0.91%325,000$327K6

Showing 1–15 of 145 holdings

FUSD Performance

Launched Jun 23, 2026

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.Not enough history yet.Not enough history yet.
FUSD$88,738,999
Aug 4, 2026 to Nov 4, 2026. FUSD $88,738,999. Use the arrow keys to read each point.$10,000$25,000,000$50,000,000$75,000,000Aug 2026Sep 2026Nov 2026

Aug 4, 2026 – Nov 4, 2026

Returns run to the Nov 4, 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.

Trailing total return for FUSD. Periods over one year show the average yearly return.
PeriodFUSD
Year to dateFund launched this yearNo data
1 month+0.6%
3 months+887290.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FUSD
YearReturn barFUSD
2026 YTD+25659482.9%

Since listing, Jun 23, 2026

FUSD in the news

FUSD Dividends

Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. Jul 31, 2026 $0.09; Aug 31, 2026 $0.09; Sep 30, 2026 $0.10; Oct 30, 2026 $0.10. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 30, 2026Nov 2, 2026$0.10
Sep 30, 2026Oct 1, 2026$0.10
Aug 31, 2026Sep 1, 2026$0.09
Jul 31, 2026Aug 3, 2026$0.09

FUSD Risk

Risk pillarB60 out of 100Rank 8 of 75 in Cash & Ultra-Short Income
How much the fund’s monthly returns vary, scaled to a year.
Launched Jun 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Jun 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Jun 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.19
vs its asset-class index
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.

FUSD Cost

Compare FUSD and XHLF

Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income

$3,111

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FUSD 0.18%

    $3,749

  • XHLF 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • FUSD 0.18%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530FUSD $3,749XHLF $638

Year by year

YearFUSDXHLFOverpaying
10$328$55$273
20$1,281$216$1,065
30$3,749$638$3,111
How the 0.18% is worked out

Full fee 0.29%− waiver 0.11%= you pay 0.18%

The waiver ends Jun 1, 2027. After that the fee is 0.29% unless Federated Hermes renews it. Source: prospectus, Apr 2026.

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