FHYS Federated Hermes Short Duration High Yield ETF
Quote as of Aug 26, 2026 19:39 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.12 | Day Range | 23.09 – 23.11 |
| 52-Week Range | 22.77 – 23.47 | Volume | 7.35K |
| Avg Volume | 19.02K | AUM | $54.9M (Aug 27, 2026) |
| Expense Ratio | 0.61% | Yield (TTM) | 5.88% |
| NAV | 22.95 | Premium/Discount | +0.59% indicative |
| Inception | Dec 16, 2021 | Holdings | — |
| Issuer | Federated Hermes | Exchange | AMEX |
| Category | High Yield Bonds | Index Tracked | Not stated in source data |
| CUSIP | 31423L206 | ISIN | US31423L2060 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The fund actively and primarily invests in a portfolio of high-yield, US dollar-denominated corporate bonds and floating rate term loans, issued by US or foreign companies. The adviser selects debt securities it believes possesses attractive risk return characteristics by conducting an analysis of the issuers financial condition, business and product strength, competitive position and management expertise. Although the fund does not follow a specific maturity range, it has an expected dollar-weighted average duration of less than three years, of which is at the discretion of the manager. In seeking high current income, the fund may also hold bank loans, covenant-lite loans, syndicated loans, CLOs, and derivatives such as futures contracts, option contracts and swap contracts. The fund is designed for investors who are seeking to invest in a diversified portfolio delivering efficient exposure to the potential of high-yield corporate debt securities in USD.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.37% | -0.50% | -1.09% | -0.88% | -1.09% | +0.81% | — | — | -1.74% |
| Total return | +0.96% | +1.05% | +2.12% | +2.58% | +4.91% | +7.27% | — | — | +4.49% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.61% | Annual cost of a $10,000 investment | $61.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 21, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 281 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/32… | — | 1.21% | 750.00K | $669.5K |
| 2 | FEDERATED GOVT OBLG PR SHARES | — | 1.16% | 639.91K | $639.9K |
| 3 | VENTURE GLOBAL PLAQUE SR SECURED 144A 12/30… | — | 1.11% | 600.00K | $614.2K |
| 4 | HUB INTERNATIONAL LTD SR SECURED 144A 06/30 7.25 | — | 1.07% | 575.00K | $592.1K |
| 5 | BROADSTREET PARTNERS GRP SR UNSECURED 144A… | — | 0.93% | 525.00K | $515.2K |
| 6 | MADISON IAQ LLC SR UNSECURED 144A 06/29 5.875 | — | 0.90% | 500.00K | $499.1K |
| 7 | TRANSDIGM INC SR SECURED 144A 12/30 6.875 | — | 0.88% | 475.00K | $487.5K |
| 8 | ARDONAGH FINCO LTD SR SECURED 144A 02/31 7.75 | — | 0.88% | 475.00K | $485.1K |
| 9 | USI INC/NY SR UNSECURED 144A 01/32 7.5 | — | 0.83% | 450.00K | $457.2K |
| 10 | CROSSCOUNTRY INTER SR UNSECURED 144A 10/30 6.5 | — | 0.79% | 450.00K | $437.1K |
| 11 | NET OTHER ASSETS | — | 0.79% | 0 | $436.9K |
| 12 | ENERGIZER HOLDINGS INC COMPANY GUAR 144A 03/29… | — | 0.79% | 450.00K | $436.7K |
| 13 | PARAMOUNT GLOBAL COMPANY GUAR 05/32 4.2 | — | 0.79% | 500.00K | $434.5K |
| 14 | OLYMPUS WTR US HLDG CORP SR SECURED 144A 06/31… | — | 0.78% | 425.00K | $431.9K |
| 15 | CLOUD SOFTWARE GRP LLC SECURED 144A 09/29 9 | — | 0.77% | 425.00K | $423.4K |
| 16 | TALLGRASS NRG PRTNR/FIN COMPANY GUAR 144A 09/31… | — | 0.76% | 425.00K | $420.5K |
| 17 | USA COM PART/USA COM FIN COMPANY GUAR 144A… | — | 0.74% | 400.00K | $410.7K |
| 18 | QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 | — | 0.74% | 400.00K | $410.4K |
| 19 | 1011778 BC / NEW RED FIN SR SECURED 144A 06/29… | — | 0.73% | 400.00K | $405.4K |
| 20 | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 03/31… | — | 0.73% | 400.00K | $403.8K |
| 21 | ANTERO MIDSTREAM PART/FI COMPANY GUAR 144A… | — | 0.72% | 400.00K | $400.1K |
| 22 | GARDA WORLD SECURITY SR UNSECURED 144A 06/29 6 | — | 0.72% | 400.00K | $396.0K |
| 23 | GRIFOLS SA COMPANY GUAR 144A 10/28 4.75 | — | 0.71% | 400.00K | $393.8K |
| 24 | SS+C TECHNOLOGIES INC COMPANY GUAR 144A 09/27… | — | 0.70% | 385.00K | $385.2K |
| 25 | STANDARD INDUSTRI INC/NY SR UNSECURED 144A… | — | 0.69% | 400.00K | $380.9K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 5.88% | Paid (last 12 months) | $1.3564 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jul 31, 2026 | Last payment | $0.1309 (Aug 03, 2026) |
| Growth 1Y | -5.79% | Growth 3Y / 5Y (ann.) | -2.89% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jul 31, 2026 | Jul 31, 2026 | Aug 03, 2026 | $0.1309 |
| Jun 30, 2026 | Jun 30, 2026 | Jul 01, 2026 | $0.1138 |
| May 29, 2026 | May 29, 2026 | Jun 01, 2026 | $0.1103 |
| Apr 30, 2026 | Apr 30, 2026 | May 01, 2026 | $0.1128 |
| Mar 31, 2026 | Mar 31, 2026 | Apr 01, 2026 | $0.1143 |
| Feb 27, 2026 | Feb 27, 2026 | Mar 02, 2026 | $0.1497 |
| Jan 30, 2026 | Jan 30, 2026 | Feb 02, 2026 | $0.0499 |
| Dec 31, 2025 | Dec 31, 2025 | Jan 02, 2026 | $0.1400 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 01, 2025 | $0.1143 |
| Oct 31, 2025 | Oct 31, 2025 | Nov 03, 2025 | $0.0985 |
| Sep 30, 2025 | Sep 30, 2025 | Oct 01, 2025 | $0.1144 |
| Aug 29, 2025 | Aug 29, 2025 | Sep 02, 2025 | $0.1075 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 2.81% / 3.42% | Sharpe 1Y / 3Y | 0.447 / 1.07 |
| Max drawdown 1Y / 3Y | -1.64% / -3.11% | Sortino 1Y | 0.704 |
| Beta vs S&P 500 (3Y) | 0.158 | Correlation vs S&P 500 (1Y) | 0.652 |
| Downside deviation 1Y | 1.79% | Risk-free rate used | 3.71% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 27, 2026. Formulas →
Liquidity
| Volume today | 7.35K | Average volume | 19.02K |
| AUM | $54.9M | Premium/Discount | +0.59% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $54.9M → $54.9M |
| 1 Week | -$83.4K | -0.15% | $54.9M → $54.9M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for FHYS
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.