FLTB vs. FCSH
Compare and contrast key facts about Fidelity Limited Term Bond ETF (FLTB) and Federated Hermes Short Duration Corporate ETF (FCSH).
FLTB and FCSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLTB is an actively managed fund by Fidelity. It was launched on Oct 6, 2014. FCSH is an actively managed fund by Federated. It was launched on Dec 16, 2021.
Performance
FLTB vs. FCSH - Performance Comparison
Loading graphics...
FLTB vs. FCSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FLTB Fidelity Limited Term Bond ETF | 0.14% | 6.60% | 5.14% | 5.94% | -5.88% | -0.05% |
FCSH Federated Hermes Short Duration Corporate ETF | 0.42% | 6.42% | 4.66% | 5.45% | -5.87% | 0.24% |
Returns By Period
In the year-to-date period, FLTB achieves a 0.14% return, which is significantly lower than FCSH's 0.42% return.
FLTB
- 1D
- -0.14%
- 1M
- -0.69%
- YTD
- 0.14%
- 6M
- 1.12%
- 1Y
- 4.48%
- 3Y*
- 5.31%
- 5Y*
- 2.22%
- 10Y*
- 2.47%
FCSH
- 1D
- -0.01%
- 1M
- -0.51%
- YTD
- 0.42%
- 6M
- 1.38%
- 1Y
- 4.76%
- 3Y*
- 4.99%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLTB vs. FCSH - Expense Ratio Comparison
FLTB has a 0.25% expense ratio, which is lower than FCSH's 0.30% expense ratio.
Return for Risk
FLTB vs. FCSH — Risk / Return Rank
FLTB
FCSH
FLTB vs. FCSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Bond ETF (FLTB) and Federated Hermes Short Duration Corporate ETF (FCSH). 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.
| FLTB | FCSH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.99 | 2.18 | -0.19 |
Sortino ratioReturn per unit of downside risk | 2.98 | 3.32 | -0.34 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.45 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 3.06 | 3.94 | -0.87 |
Martin ratioReturn relative to average drawdown | 12.68 | 15.46 | -2.78 |
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
| FLTB | FCSH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 2.18 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.87 | -0.05 |
Correlation
The correlation between FLTB and FCSH is 0.84, 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
FLTB vs. FCSH - Dividend Comparison
FLTB's dividend yield for the trailing twelve months is around 4.37%, more than FCSH's 4.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTB Fidelity Limited Term Bond ETF | 4.37% | 4.31% | 4.11% | 3.20% | 1.63% | 0.89% | 1.56% | 2.67% | 2.50% | 1.78% | 1.59% | 1.63% |
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% |
Drawdowns
FLTB vs. FCSH - Drawdown Comparison
The maximum FLTB drawdown since its inception was -9.37%, which is greater than FCSH's maximum drawdown of -8.47%. Use the drawdown chart below to compare losses from any high point for FLTB and FCSH.
Loading graphics...
Drawdown Indicators
| FLTB | FCSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.37% | -8.47% | -0.90% |
Max Drawdown (1Y)Largest decline over 1 year | -1.52% | -1.24% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -9.26% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -9.37% | — | — |
Current DrawdownCurrent decline from peak | -0.95% | -0.72% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -1.41% | -2.27% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 0.32% | +0.05% |
Volatility
FLTB vs. FCSH - Volatility Comparison
Fidelity Limited Term Bond ETF (FLTB) and Federated Hermes Short Duration Corporate ETF (FCSH) have volatilities of 0.97% and 1.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FLTB | FCSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 1.02% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | 1.38% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.27% | 2.19% | +0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.78% | 2.92% | -0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.93% | 2.92% | +0.01% |