(FHYS) Federated Hermes Trust - Overview
Etf: High-Yield Bonds, Fixed Income, Below Investment-Grade, U.S. Dollar
Dividends
| Dividend Yield | 5.54% |
| Yield on Cost 5y | 6.61% |
| Yield CAGR 5y | 0.19% |
| Payout Consistency | 96.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.64% |
| Relative Tail Risk | -2.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.63 |
| Alpha | 0.54 |
| Character TTM | |
|---|---|
| Beta | 0.172 |
| Beta Downside | 0.187 |
| Drawdowns 3y | |
|---|---|
| Max DD | 3.16% |
| CAGR/Max DD | 2.51 |
Description: FHYS Federated Hermes Trust January 01, 2026
The Federated Hermes ETF Trust (NYSE ARCA: FHYS) is a U.S.-based high-yield bond ETF that allocates at least 80% of its net assets-plus any investment-purpose borrowings-to dollar-denominated securities rated below investment grade. The adviser actively selects issuers they deem to have attractive risk-return profiles, aiming for a diversified exposure to the high-yield fixed-income market.
Key market drivers for FHYS include the current average corporate high-yield yield, which sits near 7.5% annualized, and a U.S. default rate that has risen modestly to about 2.4% over the past 12 months-both figures that directly impact total return. The fund’s performance is also sensitive to the pace of U.S. economic growth and Federal Reserve policy, as tighter credit conditions can compress spreads, while a resilient economy supports issuer cash flow. Sector weightings typically favor energy, consumer discretionary, and industrials, reflecting where many high-yield issuers are concentrated. FHYS’s expense ratio is 0.20%, positioning it competitively among peer ETFs.
For a deeper, data-driven look at FHYS’s risk metrics and valuation relative to peers, you might explore the analytics on ValueRay.
What is the price of FHYS shares?
Over the past week, the price has changed by +0.06%, over one month by +0.08%, over three months by +1.94% and over the past year by +6.85%.
Is FHYS a buy, sell or hold?
What are the forecasts/targets for the FHYS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 26 | 11.7% |
FHYS Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 51.4m USD (51.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 51.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 51.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.55% (E(51.4m)/V(51.4m) * Re(6.55%) + (debt-free company))
Discount Rate = 6.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)