Federated Hermes Short Duration Corporate ETF (FCSH)

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Federated Hermes Short Duration Corporate ETF (FCSH) is up 0.5% since the beginning of the year. FCSH is currently trading at $24 per share.

Federated Hermes Short Duration Corporate ETF (FCSH) has returned 0.48% so far this year and 3.55% over the past 12 months.

Based on dividend-adjusted daily data since Dec 17, 2021, FCSH's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, an investment would double in approximately 28.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +2.0%, while the worst month was Sep 2022 at -1.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FCSH closed higher 52% of trading days. The best single day was Nov 10, 2022 with a return of +1.1%, while the worst single day was Jun 13, 2022 at -0.8%.

Federated Hermes Short Duration Corporate ETF has an annualized alpha of 1.88%, beta of 0.05, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since December 17, 2021.

• This ETF participated in 13.34% of S&P 500 Index downside but only 12.48% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.05 may look defensive, but with R2 of 0.08 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.08 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FCSH has an expense ratio of 0.30%, placing it in the medium range.

FCSH ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Federated Hermes Short Duration Corporate ETF provided a 4.09% dividend yield over the last twelve months, with an annual payout of $0.99 per share.

The table displays the monthly dividend distributions for Federated Hermes Short Duration Corporate ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Federated Hermes Short Duration Corporate ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Federated Hermes Short Duration Corporate ETF was 8.47%, occurring on Oct 20, 2022. Recovery took 393 trading sessions.

The current Federated Hermes Short Duration Corporate ETF drawdown is 0.66%.

The chart below shows the rolling one-month volatility.