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Federated Hermes Short Duration High Yield ETF (FH...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US31423L2060

Issuer

Federated

Inception Date

Dec 16, 2021

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

FHYS has an expense ratio of 0.51%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Federated Hermes Short Duration High Yield ETF (FHYS) returned 1.99% year-to-date (YTD) and 6.37% over the past 12 months.


FHYS

YTD

1.99%

1M

0.56%

6M

1.75%

1Y

6.37%

3Y*

6.38%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of FHYS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.09%0.50%-0.48%0.31%0.56%1.99%
20240.55%0.54%0.88%0.04%1.07%0.45%1.18%0.47%1.02%0.03%1.00%-0.23%7.23%
20232.47%-0.16%0.86%0.45%-0.48%1.62%1.09%0.78%-0.39%0.01%2.36%1.83%10.88%
2022-1.83%-0.73%-0.97%-2.98%-0.28%-5.12%3.72%-0.86%-1.67%1.90%2.01%-0.45%-7.31%
20210.98%0.98%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 91, FHYS is among the top 9% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FHYS is 9191
Overall Rank
The Sharpe Ratio Rank of FHYS is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FHYS is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FHYS is 9393
Omega Ratio Rank
The Calmar Ratio Rank of FHYS is 9292
Calmar Ratio Rank
The Martin Ratio Rank of FHYS is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Federated Hermes Short Duration High Yield ETF (FHYS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Federated Hermes Short Duration High Yield ETF Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 1.48
  • All Time: 0.69

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Federated Hermes Short Duration High Yield ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Federated Hermes Short Duration High Yield ETF provided a 6.41% dividend yield over the last twelve months, with an annual payout of $1.47 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.502021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$1.47$1.47$1.54$1.38$0.04

Dividend yield

6.41%6.42%6.76%6.25%0.16%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.10$0.14$0.11$0.11$0.00$0.47
2024$0.10$0.12$0.13$0.12$0.12$0.10$0.15$0.13$0.12$0.11$0.11$0.17$1.47
2023$0.12$0.12$0.13$0.12$0.14$0.13$0.14$0.12$0.13$0.13$0.13$0.15$1.54
2022$0.12$0.11$0.11$0.11$0.11$0.10$0.12$0.10$0.13$0.08$0.19$0.09$1.38
2021$0.04$0.04

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Federated Hermes Short Duration High Yield 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 High Yield ETF was 11.63%, occurring on Jul 6, 2022. Recovery took 336 trading sessions.

The current Federated Hermes Short Duration High Yield ETF drawdown is 0.50%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-11.63%Jan 3, 2022127Jul 6, 2022336Nov 3, 2023463
-3.16%Mar 3, 202527Apr 8, 202514Apr 29, 202541
-0.94%Aug 2, 20242Aug 5, 202410Aug 19, 202412
-0.85%Mar 28, 202412Apr 15, 202412May 1, 202424
-0.85%Dec 9, 20249Dec 19, 202416Jan 15, 202525
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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