FHYS vs USHY
Federated Hermes Short Duration High Yield ETF against iShares Broad USD High Yield Corporate Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
13%
179 shared positions
Fee gap
42 bp
USHY is cheaper
1-year return gap
2.1 pts
FHYS is ahead
Larger fund
USHY
$25.8B
Side by side
| FHYS | USHY | |
|---|---|---|
| Fund | Federated Hermes Short Duration High Yield ETF | iShares Broad USD High Yield Corporate Bond ETF |
| Issuer | Federated Hermes | iShares |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.50% | 0.08% |
| Assets | $51M | $25.8B |
| Average daily dollar volume | $1.0M | $627M |
| Listed | Dec 16, 2021 | Oct 25, 2017 |
| FrenzyCap score | 41 | 94 |
| 1-month return | −1.6% | −2.4% |
| 3-month return | −2.1% | −3.0% |
| Year to date | −3.3% | −4.9% |
| 1-year return | −3.4% | −5.5% |
| 30-day volatility | 3.5% | 4.5% |
| Worst drawdown, 1 year | −4.3% | −6.1% |
| Trailing 12-month yield | 6.11% | 7.18% |
| Holdings | 262 | 1,903 |
| Top 10 weight | 9.4% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.0M thru May 2026 | +$2.7B thru Jul 2026 |
| 30-day implied volatility | — | 16.4% |
| 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
76% of FHYS · 13% of USHY| Holding | FHYS | USHY |
|---|---|---|
| PR RNO PROPERTY OWNER 1, due May 1, 2031 | 0.73% | 0.32% |
| QUIKRETE HOLDINGS INC 6.38%, due Mar 1, 2032 | 0.50% | 0.27% |
| CLOUD SOFTWARE GRP INC 9%, due Sep 30, 2029 | 0.77% | 0.26% |
| SV RNO PROPERTY OWNER 1 LLC, due Mar 1, 2031 | 0.58% | 0.25% |
| HUB INTERNATIONAL LTD 7.25%, due Jun 15, 2030 | 0.95% | 0.25% |
| CLOUD SOFTWARE GRP INC 6.5%, due Mar 31, 2029 | 0.24% | 0.27% |
| WULF COMPUTE LLC 7.75%, due Oct 15, 2030 | 0.61% | 0.24% |
| TRANSDIGM INC 6.38%, due Mar 1, 2029 | 0.60% | 0.20% |
| CORE SCIENTIFIC FINANCE 7.75%, due May 15, 2031 | 0.20% | 0.24% |
| MERIDIAN ARC HOLDCO LLC 6.25%, due Apr 30, 2031 | 0.20% | 0.36% |
| APLD COMPUTECO LLC 9.25%, due Dec 15, 2030 | 0.42% | 0.20% |
| MEDLINE BORROWER LP 5.25%, due Oct 1, 2029 | 0.44% | 0.18% |
| MAUSER PACKAGING SOLUT 7.88%, due Apr 15, 2030 | 0.30% | 0.18% |
| UKG INC 6.88%, due Feb 1, 2031 | 0.43% | 0.18% |
| 1011778 BC / NEW RED FIN, due Oct 15, 2030 | 0.37% | 0.18% |
| QXO BUILDING PRODUCTS 6.75%, due Apr 30, 2032 | 0.50% | 0.18% |
| ALLIED UNIVERSAL HOLDCO 7.88%, due Feb 15, 2031 | 0.36% | 0.16% |
| VOLTAGRID LLC 7.38%, due Nov 1, 2030 | 0.30% | 0.15% |
| APLD COMPUTECO 2 LLC, due Mar 15, 2031 | 0.39% | 0.15% |
| COREWEAVE INC 9.75%, due Oct 1, 2031 | 0.25% | 0.15% |
| ROCKET COS INC 6.13%, due Aug 1, 2030 | 0.30% | 0.15% |
| SS&C TECHNOLOGIES INC 5.5%, due Sep 30, 2027 | 0.75% | 0.14% |
| HERC HOLDINGS INC 7%, due Jun 15, 2030 | 0.51% | 0.13% |
| COREWEAVE INC 9.25%, due Jun 1, 2030 | 0.45% | 0.13% |
| TRANSDIGM INC 6.88%, due Dec 15, 2030 | 0.96% | 0.12% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FHYS holdings · USHY 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.