About Federated Hermes ETF Trust - Federated Hermes Short Duration High Yield ETF (FHYS)

The Federated Hermes ETF Trust - Federated Hermes Short Duration High Yield ETF (FHYS) is an exchange-traded fund that seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the BofA Merrill Lynch 0-5 Year US High Yield Constrained Index. This index is designed to measure the performance of short-term U.S. dollar-denominated below investment grade corporate debt publicly issued in the U.S. domestic market. FHYS provides investors with exposure to high yield bonds with a shorter duration, which may help to mitigate interest rate risk.

With a market capitalization of X million dollars, FHYS aims to deliver competitive returns with reduced credit and duration risk. The fund's investment objective is to provide high current income and preservation of capital. It uses a passive investment approach and is designed for investors seeking income and diversification. As of the last reporting period, FHYS had a PEG ratio of X, indicating a relatively favorable valuation compared to its industry peers.