FCSH vs. VGSH
Compare and contrast key facts about Federated Hermes Short Duration Corporate ETF (FCSH) and Vanguard Short-Term Treasury ETF (VGSH).
FCSH and VGSH 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. It was launched on Dec 16, 2021. VGSH is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Treasury 1-3 Year Index. It was launched on Nov 19, 2009.
Performance
FCSH vs. VGSH - Performance Comparison
Loading graphics...
FCSH vs. VGSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FCSH Federated Hermes Short Duration Corporate ETF | 0.43% | 6.42% | 4.66% | 5.45% | -5.87% | 0.24% |
VGSH Vanguard Short-Term Treasury ETF | 0.28% | 5.07% | 4.00% | 4.31% | -3.86% | -0.04% |
Returns By Period
In the year-to-date period, FCSH achieves a 0.43% return, which is significantly higher than VGSH's 0.28% return.
FCSH
- 1D
- 0.17%
- 1M
- -0.71%
- YTD
- 0.43%
- 6M
- 1.60%
- 1Y
- 4.90%
- 3Y*
- 5.00%
- 5Y*
- —
- 10Y*
- —
VGSH
- 1D
- 0.09%
- 1M
- -0.49%
- YTD
- 0.28%
- 6M
- 1.37%
- 1Y
- 3.75%
- 3Y*
- 3.98%
- 5Y*
- 1.79%
- 10Y*
- 1.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCSH vs. VGSH - Expense Ratio Comparison
FCSH has a 0.30% expense ratio, which is higher than VGSH's 0.03% expense ratio.
Return for Risk
FCSH vs. VGSH — Risk / Return Rank
FCSH
VGSH
FCSH vs. VGSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Short Duration Corporate ETF (FCSH) and Vanguard Short-Term Treasury ETF (VGSH). 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.
| FCSH | VGSH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.24 | 2.62 | -0.38 |
Sortino ratioReturn per unit of downside risk | 3.42 | 4.21 | -0.79 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.57 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 3.99 | 4.26 | -0.27 |
Martin ratioReturn relative to average drawdown | 15.82 | 16.28 | -0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCSH | VGSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 2.62 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.92 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 1.02 | -0.14 |
Correlation
The correlation between FCSH and VGSH is 0.86, 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.
Dividends
FCSH vs. VGSH - Dividend Comparison
FCSH's dividend yield for the trailing twelve months is around 4.11%, more than VGSH's 3.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCSH Federated Hermes Short Duration Corporate ETF | 4.11% | 4.14% | 4.44% | 2.31% | 1.76% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 3.95% | 4.00% | 4.18% | 3.31% | 1.15% | 0.66% | 1.74% | 2.28% | 1.79% | 1.10% | 0.84% | 0.69% |
Drawdowns
FCSH vs. VGSH - Drawdown Comparison
The maximum FCSH drawdown since its inception was -8.47%, which is greater than VGSH's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for FCSH and VGSH.
Loading graphics...
Drawdown Indicators
| FCSH | VGSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.47% | -5.70% | -2.77% |
Max Drawdown (1Y)Largest decline over 1 year | -1.24% | -0.88% | -0.36% |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.70% | — |
Current DrawdownCurrent decline from peak | -0.71% | -0.49% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -0.60% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.31% | 0.23% | +0.08% |
Volatility
FCSH vs. VGSH - Volatility Comparison
Federated Hermes Short Duration Corporate ETF (FCSH) has a higher volatility of 1.02% compared to Vanguard Short-Term Treasury ETF (VGSH) at 0.52%. This indicates that FCSH's price experiences larger fluctuations and is considered to be riskier than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCSH | VGSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 0.52% | +0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 1.38% | 0.84% | +0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.19% | 1.44% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.92% | 1.96% | +0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.92% | 1.57% | +1.35% |