FHYS vs HYG
Federated Hermes Short Duration High Yield ETF against iShares iBoxx $ High Yield Corporate Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
13%
142 shared positions
Fee gap
1 bp
HYG is cheaper
1-year return gap
1.4 pts
FHYS is ahead
Larger fund
HYG
$16.5B
Side by side
| FHYS | HYG | |
|---|---|---|
| Fund | Federated Hermes Short Duration High Yield ETF | iShares iBoxx $ High Yield Corporate Bond ETF |
| Issuer | Federated Hermes | iShares |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.50% | 0.49% |
| Assets | $51M | $16.5B |
| Average daily dollar volume | $1.0M | $4.6B |
| Listed | Dec 16, 2021 | Apr 4, 2007 |
| FrenzyCap score | 41 | 74 |
| 1-month return | −1.6% | −2.1% |
| 3-month return | −2.1% | −2.8% |
| Year to date | −3.3% | −4.5% |
| 1-year return | −3.4% | −4.8% |
| 30-day volatility | 3.5% | 4.2% |
| Worst drawdown, 1 year | −4.3% | −5.5% |
| Trailing 12-month yield | 6.11% | 6.10% |
| Holdings | 262 | 1,337 |
| Top 10 weight | 9.4% | 3.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.0M thru May 2026 | +$5.3B thru May 2026 |
| 30-day implied volatility | — | 5.9% |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
60% of FHYS · 14% of HYG| Holding | FHYS | HYG |
|---|---|---|
| PR RNO PROPERTY OWNER 1, due May 1, 2031 | 0.73% | 0.34% |
| QUIKRETE HOLDINGS INC 6.38%, due Mar 1, 2032 | 0.50% | 0.33% |
| WULF COMPUTE LLC 7.75%, due Oct 15, 2030 | 0.61% | 0.31% |
| CLOUD SOFTWARE GRP INC 9%, due Sep 30, 2029 | 0.77% | 0.31% |
| HUB INTERNATIONAL LTD 7.25%, due Jun 15, 2030 | 0.95% | 0.30% |
| SV RNO PROPERTY OWNER 1 LLC, due Mar 1, 2031 | 0.58% | 0.27% |
| CLOUD SOFTWARE GRP INC 6.5%, due Mar 31, 2029 | 0.24% | 0.33% |
| MEDLINE BORROWER LP 5.25%, due Oct 1, 2029 | 0.44% | 0.23% |
| TRANSDIGM INC 6.38%, due Mar 1, 2029 | 0.60% | 0.23% |
| UKG INC 6.88%, due Feb 1, 2031 | 0.43% | 0.22% |
| MAUSER PACKAGING SOLUT 7.88%, due Apr 15, 2030 | 0.30% | 0.22% |
| QXO BUILDING PRODUCTS 6.75%, due Apr 30, 2032 | 0.50% | 0.21% |
| 1011778 BC / NEW RED FIN, due Oct 15, 2030 | 0.37% | 0.21% |
| ALLIED UNIVERSAL HOLDCO 7.88%, due Feb 15, 2031 | 0.36% | 0.21% |
| APLD COMPUTECO LLC 9.25%, due Dec 15, 2030 | 0.42% | 0.20% |
| CORE SCIENTIFIC FINANCE 7.75%, due May 15, 2031 | 0.20% | 0.26% |
| MERIDIAN ARC HOLDCO LLC 6.25%, due Apr 30, 2031 | 0.20% | 0.43% |
| COREWEAVE INC 9.75%, due Oct 1, 2031 | 0.25% | 0.18% |
| VOLTAGRID LLC 7.38%, due Nov 1, 2030 | 0.30% | 0.18% |
| APLD COMPUTECO 2 LLC, due Mar 15, 2031 | 0.39% | 0.17% |
| SS&C TECHNOLOGIES INC 5.5%, due Sep 30, 2027 | 0.75% | 0.16% |
| ROCKET COS INC 6.13%, due Aug 1, 2030 | 0.30% | 0.16% |
| VENTURE GLOBAL PLAQUE 6.13%, due Dec 15, 2030 | 0.80% | 0.16% |
| HERC HOLDINGS INC 7%, due Jun 15, 2030 | 0.51% | 0.15% |
| ARDONAGH FINCO LTD 7.75%, due Feb 15, 2031 | 0.94% | 0.15% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FHYS holdings · HYG holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.