FCSH vs. TLT
Compare and contrast key facts about Federated Hermes Short Duration Corporate ETF (FCSH) and iShares 20+ Year Treasury Bond ETF (TLT).
FCSH and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCSH is an actively managed fund by Federated Hermes. It was launched on Dec 16, 2021. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCSH or TLT.
Correlation
The correlation between FCSH and TLT is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FCSH vs. TLT - Performance Comparison
Key characteristics
FCSH:
2.43
TLT:
0.04
FCSH:
3.68
TLT:
0.15
FCSH:
1.48
TLT:
1.02
FCSH:
4.39
TLT:
0.01
FCSH:
10.01
TLT:
0.08
FCSH:
0.58%
TLT:
6.85%
FCSH:
2.39%
TLT:
13.80%
FCSH:
-8.47%
TLT:
-48.35%
FCSH:
0.00%
TLT:
-41.00%
Returns By Period
In the year-to-date period, FCSH achieves a 1.02% return, which is significantly lower than TLT's 2.98% return.
FCSH
1.02%
0.87%
1.39%
5.94%
N/A
N/A
TLT
2.98%
2.77%
-7.02%
0.75%
-7.19%
-1.16%
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FCSH vs. TLT - Expense Ratio Comparison
FCSH has a 0.30% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
FCSH vs. TLT — Risk-Adjusted Performance Rank
FCSH
TLT
FCSH vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Short Duration Corporate ETF (FCSH) and iShares 20+ Year Treasury Bond ETF (TLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FCSH vs. TLT - Dividend Comparison
FCSH's dividend yield for the trailing twelve months is around 4.46%, more than TLT's 4.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSH Federated Hermes Short Duration Corporate ETF | 4.46% | 4.44% | 2.31% | 1.76% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.19% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
FCSH vs. TLT - Drawdown Comparison
The maximum FCSH drawdown since its inception was -8.47%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for FCSH and TLT. For additional features, visit the drawdowns tool.
Volatility
FCSH vs. TLT - Volatility Comparison
The current volatility for Federated Hermes Short Duration Corporate ETF (FCSH) is 0.60%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.93%. This indicates that FCSH experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.