FHYS vs HYG
Federated Hermes Short Duration High Yield ETF compared with iShares iBoxx $ High Yield Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
FHYS
Federated Hermes Short Duration High Yield ETF
TTM yield · Monthly
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
TTM yield · Monthly
Quick take
- FHYS yields more today: 6.12% vs 6.10% (forward).
- Both pay every month.
- Over the last year FHYS delivered the higher total return: +2.7% vs +0.7% (price change plus payouts).
- HYG is cheaper to own: 0.49% vs 0.50% expense ratio.
- HYG has the steadier distribution: consistency 94/100 vs 79/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FHYS | HYG |
|---|---|---|
| Share price | $22.51 | $77.05 |
| TTM yield | 6.12% | 6.10% |
| Forward yield | 6.12% | 6.10% |
| Annual payout per share | $1.377 | $4.701 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 30, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.50% | 0.49% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 79/100 | 94/100 |
| 1-year total return | +2.7% | +0.7% |
| 1-year price return | -3.2% | -5.1% |
| Size (market cap / AUM) | 59.9M | 16.8B |
| Years paying | 4.8 | 19.5 |
| Sector / category | High Yield Bond | High Yield Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FHYS | HYG | |
|---|---|---|
| Shares | 444.1 | 129.8 |
| Income per year | $612 | $610 |
| Income per month (avg) | $51 | $51 |
At forward yields, before taxes. Model FHYS · Model HYG
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FHYS Oct 30, 2026 | Nov 13, 2026 | $0.1148 | Est. |
| FHYS Nov 29, 2026 | Dec 13, 2026 | $0.1148 | Est. |
| FHYS Dec 29, 2026 | Jan 12, 2027 | $0.1148 | Est. |
| HYG Oct 31, 2026 | Nov 14, 2026 | $0.3917 | Est. |
| HYG Nov 30, 2026 | Dec 14, 2026 | $0.3917 | Est. |
| HYG Dec 30, 2026 | Jan 13, 2027 | $0.3917 | Est. |
Annual payouts per share
FHYSHYG
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FHYS or HYG?
FHYS currently has the higher trailing yield: FHYS yields 6.12% and HYG yields 6.10%. Yield changes daily with price, so check the live figures above.
How often do FHYS and HYG pay?
FHYS pays every month and HYG pays every month. FHYS's next ex-date is Oct 30, 2026 and HYG's is Oct 31, 2026.
Is FHYS or HYG better for income?
It depends on what you are optimising for. FHYS and HYG differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.