Federated Hermes Short Duration Corporate ETF (FCSH)
FCSH is an actively managed ETF by Federated Hermes. FCSH launched on Dec 16, 2021 and has a 0.30% expense ratio.
ETF Info
| ISIN | US31423L1070 |
|---|---|
| Issuer | Federated Hermes |
| Inception Date | Dec 16, 2021 |
| Region | North America (U.S.) |
| Category | Short-Term Bond |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
FCSH features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Popular comparisons: FCSH vs. FLTB
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Short Duration Corporate ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes Short Duration Corporate ETF had a return of 4.57% year-to-date (YTD) and 7.98% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.57% | 25.70% |
| 1 month | -0.01% | 3.51% |
| 6 months | 4.06% | 14.80% |
| 1 year | 7.98% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of FCSH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.24% | -0.44% | 0.67% | -0.77% | 1.18% | 0.70% | 1.54% | 1.07% | 0.96% | -0.93% | 4.57% | ||
| 2023 | 1.53% | -1.25% | 1.64% | 0.44% | -0.41% | -0.37% | 0.51% | 0.12% | -0.55% | -0.06% | 1.97% | 1.81% | 5.45% |
| 2022 | -1.23% | -0.76% | -1.78% | -1.40% | 0.49% | -1.16% | 1.13% | -1.20% | -1.92% | -0.10% | 1.83% | 0.15% | -5.87% |
| 2021 | 0.24% | 0.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FCSH is 81, placing it in the top 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Short Duration Corporate ETF (FCSH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Short Duration Corporate ETF provided a 3.89% dividend yield over the last twelve months, with an annual payout of $0.94 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.94 | $0.55 | $0.41 | $0.01 |
Dividend yield | 3.89% | 2.31% | 1.76% | 0.04% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.00 | $0.81 | |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.08 | $0.55 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.41 |
| 2021 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.47% | Jan 3, 2022 | 202 | Oct 20, 2022 | 393 | May 15, 2024 | 595 |
| -1.32% | Sep 30, 2024 | 25 | Nov 1, 2024 | — | — | — |
| -0.5% | May 16, 2024 | 9 | May 29, 2024 | 3 | Jun 3, 2024 | 12 |
| -0.45% | Aug 5, 2024 | 3 | Aug 7, 2024 | 4 | Aug 13, 2024 | 7 |
| -0.39% | Jun 7, 2024 | 3 | Jun 11, 2024 | 1 | Jun 12, 2024 | 4 |
Volatility
Volatility Chart
The current Federated Hermes Short Duration Corporate ETF volatility is 0.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.