FCSHvsHYHGETF Comparison
ETF 1
FCSH
Federated Hermes Short-Duration Corporate ETF
This fund is part of
US Corporate IG Bonds
-0.2%
VS
Federated Hermes Short-Duration Corporate ETF (FCSH) belongs to the US Corporate IG Bonds segment. ProShares High Yield—Interest Rate Hedged ETF (HYHG) is part of the Alternatives segment. FCSH's top 3 sector exposures are Finance, Technology and Utilities. In contrast, HYHG's top sector exposures are Finance, Consumer Services and Industrials. FCSH is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.5% for HYHG. FCSH is up 0.7% year-to-date (YTD) with +$3M in YTD flows. HYHG performs better with 4.79% YTD performance, and +$42M in YTD flows. Run a side-by-side ETF comparison of FCSH and HYHG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FCSH vs HYHG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FCSH HYHG | -0.02%+0.94% | +0.10%+1.57% | +0.70%+4.79% | +2.33%+7.26% | +15.77%+28.54% | n/a+41.02% |
| Flows | FCSH HYHG | +$961K+$18M | +$2M+$31M | +$3M+$42M | +$6M+$39M | +$40M+$78M | -+$73M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FCSH HYHG | +1.93%+2.16% | +1.74%+2.77% | +2.22%+3.87% | n/a+5.95% |
| Max drawdown | FCSH HYHG | -0.56%-0.77% | -1.33%-1.31% | -1.33%-5.32% | n/a-9.75% |
| Max drawdown duration | FCSH HYHG | 35d17d | 164d22d | 164d107d | n/a282d |
Trading data
FCSH | HYHG | |
Last sale 9/2/2026 at 1:30 PM | $23.89 | $64.69 |
| Previous close 09/01/2026 | $23.89 | $64.53 |
| Consolidated volume 09/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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FCSH
is actively managed and doesn’t replicate an indexFCSH | HYHG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
FCSH | HYHG | |
|---|---|---|
| Last price | $23.89 | $64.69 |
| 1D performance | +0.00% | +0.25% |
| AuM | $65.96 M | $203.19 M |
| E/R | 0.4% | 0.5% |
Characteristics
FCSH | HYHG | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Federated Investment Management | ProShares |
| Benchmark | - | FTSE High Yield (Treasury Rate-Hedged) Index |
| N° of holdings | 171 | 223 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 15, 2021 | May 21, 2013 |
| ESG | No | No |
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Exposure
Countries
FCSH
USA
88.7%
Other
11.3%
HYHG
USA
78.19%
Other
21.81%
Sectors
FCSH
Finance
39.63%
Technology
9.65%
Utilities
9.43%
Industrials
7.11%
Other
34.18%
HYHG
Finance
15.05%
Consumer Services
9.76%
Industrials
9.73%
Technology
9.14%
Business Services
7.82%
Non-Energy Materi.
7.18%
Other
41.32%
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Diversification
FCSH
Total weight of top 15 holdings out of 15
22.53%
HYHG
Total weight of top 15 holdings out of 15
15.39%
Top 15 holdings
Data as of July 31, 2026
FCSH
Bank of America Corporation, 5.819% 15sep2029, USD (N)
2.74%
Citigroup, 4.45% 29sep2027, USD (G)
2.41%
JP Morgan, 5.581% 22apr2030, USD
2.05%
MARS, 4.8% 1mar2030, USD
1.86%
Wells Fargo, 5.707% 22apr2028, USD (W)
1.62%
Boeing, 6.298% 1may2029, USD
1.53%
Morgan Stanley, 5.23% 15jan2031, USD (I)
1.52%
GE HealthCare Technologies, 5.65% 15nov2027, USD
1.47%
Goldman Sachs, 5.207% 28jan2031, USD
1.29%
NetFlix, 4.875% 15apr2028, USD
1.13%
JP Morgan, 5.14% 24jan2031, USD
1.06%
Huntington Bancshares, 6.208% 21aug2029, USD
1.02%
FNB Corporation, 5.722% 11dec2030, USD
1.01%
National Fuel Gas, 5.5% 15mar2030, USD
1.00%
Hess, 4.3% 1apr2027, USD
0.84%
HYHG
1261229 B.C., 10% 15apr2032, USD
1.44%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
1.36%
Cloud Software Group, 6.5% 31mar2029, USD
1.31%
Quikrete Holdings, 6.375% 1mar2032, USD
1.30%
EchoStar, 10.75% 30nov2029, USD
1.16%
PR RNO Property Owner 1, 6.5% 1may2031, USD
1.01%
Level 3 Parent, 6.875% 30jun2033, USD
0.99%
Carnival Corp, 5.75% 1aug2032, USD
0.99%
Allied Universal HoldCo, 7.875% 15feb2031, USD
0.92%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.88%
Black Pearl Compute, 6.125% 15feb2031, USD
0.85%
TransDigm, 6.375% 1mar2029, USD
0.82%
Venture Global LNG, 8.375% 1jun2031, USD
0.81%
CVS Health, 7% 10mar2055, USD (A)
0.79%
Oak-Eagle AcquireCo, 8.75% 1jul2034, USD
0.76%
Frequently asked questions about FCSH and HYHG
How have the FCSH and HYHG ETFs performed in 2026?
As of September 1, 2026, FCSH is up 0.7% year-to-date (YTD), while HYHG has returned 4.79%. That puts HYHG better performer ahead so far this year.
Which ETF is attracting more investor money: FCSH or HYHG?
Year-to-date, the FCSH ETF saw +$3M in flows, compared to +$42M for HYHG.
Which ETF is more volatile: FCSH or HYHG?
Over the past year, FCSH had a volatility of 1.74%, while HYHG experienced 2.77%.
Which ETF is bigger: FCSH or HYHG?
As of September 1, 2026, FCSH holds $65.96 M in assets under management (AUM), while HYHG manages $203.19 M.
What sectors do the FCSH and HYHG ETFs invest in?
FCSH leans toward sectors like Finance, Technology and Utilities. Meanwhile, HYHG focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the FCSH ETF and HYHG ETF?
FCSH top holdings include Bank of America Corporation, 5.819% 15sep2029, USD (N), Citigroup, 4.45% 29sep2027, USD (G) and JP Morgan, 5.581% 22apr2030, USD. HYHG holds in its top three: 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and Cloud Software Group, 6.5% 31mar2029, USD.
Which ETF is more diversified: FCSH or HYHG?
FCSH holds 171 securities with 22.53% of its assets in the top 15. HYHG has 223 securities and a top 15 weight of 15.39%.
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