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NYSEArca - Delayed Quote USD

Federated Hermes Short Duration High Yield ETF (FHYS)

22.65
+0.12
+(0.53%)
At close: April 17 at 3:57:04 PM EDT
22.65
+0.00
+(0.00%)
After hours: April 17 at 4:08:01 PM EDT

ETF Summary

The fund invests primarily in a diversified portfolio of U.S. dollar-denominated high-yield fixed income instruments. The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade.

Risk Overview

Performance & Risk

YTD Return -0.33%
5y Average Return 0.00%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.40
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
FHYSCategory AverageFHYSCategory AverageFHYSCategory Average
Alpha 1.78 2.84 0 6.41 0 2.68
BETA 0.4 0.74 0 0.78 0 0.66
Mean Annual Return 0.4 0.39 0 0.57 0 0.37
R-squared 39.14 55.08 0 48.34 0 21.7
Standard Deviation 5.03 7.63 0 7.09 0 7.19
Sharpe Ratio 0.06 0.02 0 0.6 0 0.35
Treynor Ratio 0.43 0.12 0 5.8 0 3.82

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