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FUSD vs XHLF

Federated Hermes Ultrashort Bond ETF

FUSDDCboe

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

XHLFANYSE Arca

Overlap

Expense ratio

XHLF −0.15pt a year

FUSD0.18%XHLF0.03%

Avg volume · 30D

XHLF 177.7×the volume

FUSD1.71KXHLF304K

FUSD vs XHLF Performance

Aug 4, 2026 – Nov 4, 2026

+887290.0%FUSD+0.9%XHLF

Aug 4, 2026 to Nov 4, 2026. FUSD +887290.0%. XHLF +0.9%. Use the arrow keys to read each point.200,000%400,000%600,000%Aug 2026Sep 2026Nov 2026
Expense ratio
FUSD 0.18%
XHLF 0.03%, better
Fund size
FUSD $36M
XHLF $2.03B
1Y total return
FUSD No data
XHLF +3.6%
Yield (12M)
FUSD No data
XHLF 3.68%
Holdings
FUSD 145
XHLF 29
Avg volume (30D)
FUSD 1.71K sh
XHLF 304K sh, better
NAV per share
FUSD $24.86
XHLF $50.14
52W range

ETF.net Grade

FUSD: Cost 54, Risk 60, Mission 20, Tradability 2, Holdings 69, Durability 13. XHLF: Cost 99, Risk 44, Mission 100, Tradability 78, Holdings 32, Durability 59.
Pillar letters and Scores for FUSD, XHLF, with each pillar’s weight
PillarFUSDXHLF
Cost30% weightC54A99Higher
Mission25% weightF20A100Higher
Risk15% weightB60HigherC44
Tradability15% weightF2A78Higher
Holdings10% weightB69HigherD32
Durability5% weightF13B59Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FUSD and XHLF are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

XHLF ranks 7th and FUSD 69th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 5ATBLLInvesco Short Term Treasury ETFScore 80
  2. Rank 7AXHLFBondBloxx Bloomberg Six Month Target Duration US Treasury ETFScore 79
  3. Rank 8ABILState Street SPDR Bloomberg 1-3 Month T-Bill ETFScore 78
  4. Rank 69DBAMUBrookstone Ultra-Short Bond ETFScore 37
  5. Rank 69DFUSDFederated Hermes Ultrashort Bond ETFScore 37
  6. Rank 69DSLWSSLW Short Duration Income ETFScore 37

Our read on each fund

ETF.net Research

FUSDDFederated Hermes Ultrashort Bond ETF

XHLFABondBloxx Bloomberg Six Month Target Duration US Treasury ETF

In short

FUSD No data

XHLF Most cash-parking funds pick a maturity bucket. XHLF picks a number: it blends Treasury bills to an average duration of about six months, resets to that target monthly, and charges three basis points to do it.

Stated mandate

FUSD No data

XHLF The Fund seeks to track the investment results of an index composed of U.S. Treasury securities.

Why people hold it

FUSD No data

  • XHLF Costs 0.03% a year, against a typical short-Treasury peer near 0.14%. In cash-like funds, where returns come from bills everyone owns, fee is the main lever.
  • Tracks an index built to hold an average duration of roughly six months, rebalanced monthly, so exposure stays anchored instead of drifting as bills mature.bondbloxxetf.com
  • Sits in the gap between 0-3 month bill funds and one-year funds. Its sibling XONE targets a one-year duration at the same 0.03%, so the two can be mixed to dial in duration.
  • US Treasury bills only, no credit bets hiding in the portfolio, run in a multi-billion-dollar fund that has stayed close to its index.

Worth knowing

FUSD No data

  • XHLF Six months of duration is not zero. Prices move a touch more when yields shift than in 0-3 month bill funds such as BIL or CLIP.
  • Income rides whatever Treasury bills happen to pay, and distributions arrive on an irregular rhythm rather than a fixed amount or schedule.
  • Volume is moderate next to the largest bill ETFs, so spreads can be a bit wider, which matters more on big tickets than small ones.

Full FUSD profile⁠

Full XHLF profile⁠

FUSD vs XHLF Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FUSD vs XHLF Cost

Overpaying FUSD vs XHLF

$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%

    $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

Expense ratio

  • 0.18%FUSD
  • 0.03%XHLF, cheaper
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

XHLF cheapest of 78 funds

FUSD 36th cheapest of 78 funds

FUSD vs XHLF Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
FUSD No data
XHLF 3.68%
Payout (12M)
FUSD No data
XHLF $1.85
Last payment
FUSD $0.10
XHLF $0.16
Ex-dividend
FUSD Oct 30, 2026
XHLF Nov 2, 2026
Paid on
FUSD Nov 2, 2026
XHLF Pays Nov 5, 2026
Frequency
FUSD Monthly
XHLF Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FUSDMonthly · 4 paymentsAll FUSD payments⁠
One bar per payment. 4 payments from 2023 to 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.$0$0.2520232026YTD
XHLFMonthly · 46 paymentsAll XHLF payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.15; Mar 1, 2023 $0.14; Apr 3, 2023 $0.17; May 1, 2023 $0.14; Jun 1, 2023 $0.22; Jul 3, 2023 $0.15; Aug 1, 2023 $0.21; Sep 1, 2023 $0.22; Oct 2, 2023 $0.19; Nov 1, 2023 $0.22; Dec 1, 2023 $0.21; Dec 28, 2023 $0.23; Feb 1, 2024 $0.23; Mar 1, 2024 $0.20; Apr 1, 2024 $0.22; May 1, 2024 $0.21; Jun 3, 2024 $0.22; Jul 1, 2024 $0.21; Aug 1, 2024 $0.21; Sep 3, 2024 $0.21; Oct 1, 2024 $0.20; Nov 1, 2024 $0.20; Dec 2, 2024 $0.19; Dec 30, 2024 $0.19; Feb 3, 2025 $0.17; Mar 3, 2025 $0.17; Apr 1, 2025 $0.18; May 1, 2025 $0.15; Jun 2, 2025 $0.17; Jul 1, 2025 $0.16; Aug 1, 2025 $0.16; Sep 2, 2025 $0.17; Oct 1, 2025 $0.16; Nov 3, 2025 $0.20; Dec 1, 2025 $0.14; Dec 30, 2025 $0.16; Feb 2, 2026 $0.16; Mar 2, 2026 $0.14; Apr 1, 2026 $0.16; May 1, 2026 $0.15; Jun 1, 2026 $0.15; Jul 1, 2026 $0.15; Aug 3, 2026 $0.15; Sep 1, 2026 $0.16; Oct 1, 2026 $0.15; Nov 2, 2026 $0.16. Use the arrow keys to read each point.$0$0.2520232026YTD

FUSD vs XHLF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FUSD No dataXHLF 0.3%
Return per unit of riskSharpe ratio, 3 years
FUSD No dataXHLF −0.50
Worst fallMax drawdown, 5 years
FUSD No dataXHLF −0.1%since Sep 2022
Market sensitivityBeta, 5 years
FUSD 0.19XHLF 0.03

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