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FUSD

GradeDChicago Board Options Exchange

Federated Hermes Ultrashort Bond ETF

Treasury & Government Bond · Federated Hermes · Inception 2026-06-23 · SEC filings

$24.98−0.01 (−0.06%)

As of Sep 23, 2026, 12:33 PM EDT

History starts Jun 23, 2026.History starts Jun 23, 2026.History starts Jun 23, 2026.
Intraday session: down, 5 prints from 25.00 to 24.98. Range 24.73 to 25.00. Use the arrow keys to read each point.$24.70$24.80$24.9010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$33M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
112
Volume · 30D
0M sh
NAV per share
$24.98
52W range
low $23.74high $25.83

The ETF.net FUSD Grade

D

29/ 100

Rank 74 of 78 in Cash & Ultra-Short Income⁠

Confidence High

Six-pillar profile for FUSD. Scores out of 100: Cost 18, Risk 60, Mission 20, Tradability 21, Holdings 65, Durability 13. Strongest: Holdings (65). Weakest: Durability (13). Leans toward Holdings and Risk.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 of 100 sits in the D 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 18
    Category rank65/78 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 20
    Category rank64/64 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank8/75 · top 11%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 21
    Category rank64/78 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank30/77 · top 39%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 13
    Category rank73/78 · bottom quartile

Graded as of Sep 22, 2026

FUSD Holdings

As of Sep 20, 2026, 8:20 AM
Asset class
Stocks
Holdings
112
Top-10 weight
23%
Largest holding
US TREASURY N/B 11/27 4.1255.3%

Sectors

  • Securitized48.7%
  • Corporate44.9%
  • Government6.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US TREASURY N/B 11/27 4.1255.34%1,750,000$2M31
002—FEDERATED GOVT OBLG PR SHARES4.65%1,515,845$2M5
003—FEDERATED CORE TR MUTUAL FUND3.45%133,513$1M1
004—FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE2.47%89,899$806K2
005—JW COMMERCIAL MORTGAGE TRUST JW 2026 MRCO A 144A1.54%500,000$501K7
006—SBNA AUTO RECEIVABLES TRUST SBAT 2025 SF1 D 144A1.53%500,000$498K3
007—SBA COMMUNICATIONS CORP SR UNSECURED 01/30 4.8751.20%400,000$392K33
008—CHASE AUTO OWNER TRUST CHAOT 2023 AA A4 144A1.05%340,000$343K1
009—GENERAL MOTORS FINL CO SR UNSECURED 04/28 VAR1.02%330,000$331K10
010—FIDELITY NATL INFO SERV SR UNSECURED 03/29 VAR1.00%325,000$327K6
011—FEDERATED CORE TR MUTUAL FUND0.98%35,543$318K2
012—CREDIT AGRICOLE SA 144A 09/30 VAR0.92%300,000$301K4
013—COMMONWEALTH BANK AUST SR UNSECURED 144A 12/31 VAR0.92%300,000$300K2
014—VERIZON MASTER TRUST VZMT 2026 3 C0.92%300,000$300K2
015—MITSUBISHI UFJ FIN GRP SR UNSECURED 09/32 VAR0.92%300,000$300K1

Showing 1–15 of 131 holdings

FUSD Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FUSD$9,996
Aug 21, 2026 to Sep 22, 2026. FUSD $9,996. Use the arrow keys to read each point.$-822$5,146$11,113Aug 21Sep 6Sep 22

Aug 21, 2026 – Sep 22, 2026

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.

Trailing total return for FUSD. Periods over one year show the average yearly return.
PeriodFUSD
Year to dateFund launched this year—
1 month−0.0%
3 monthsFund is under 3 months old—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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+25536772.6%

Since listing, Jun 23, 2026

FUSD in the news

ETF.net Research hasn’t filed on FUSD yet — coverage lands here as it’s written.

FUSD Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.09 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. 2 payments in 2026 YTD. Jul 31, 2026 $0.09; Aug 31, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Aug 31, 2026Sep 1, 2026$0.09
Jul 31, 2026Aug 3, 2026$0.09

FUSD Risk

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.
0.00
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.

FUSD Cost

Expense ratio0.29%
  • The middle half of Cash & Ultra-Short Income funds
  • Median 0.19%

62 of the 77 Cash & Ultra-Short Income funds charge less.

FUSD costs $29.00 a year on $10,000. The median Cash & Ultra-Short Income fund costs $19.00.