FCSH vs PHDG

Comparison between FEDERATED HERMES SHORT DURATION CORPORATE ETF (FCSH, ETF) and INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF).

FCSH vs PHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FCSH(ETF)	PHDG(ETF)
Net Assets	$65M	$65M
Expense Ratio	0.30%	0.39%
Max Drawdown	9.60%	23.59%
Sharpe Ratio	0.00	1.84
5Y Beta	0.03	0.30
P/E Ratio	N/A	28.95
Forward P/E	N/A	22.35
5Y Dividends CAGR	N/A	28.74%
5Y EPS CAGR	N/A	25.98%
Debt to Equity	N/A	32.48%
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.60

Net Assets

FCSH

$65M

PHDG

$65M

Expense Ratio

Winner

FCSH

0.30%

PHDG

0.39%

Max Drawdown

Winner

FCSH

9.60%

PHDG

23.59%

Sharpe Ratio

FCSH

0.00

Winner

PHDG

1.84

5Y Beta

Winner

FCSH

0.03

PHDG

0.30

P/E Ratio

FCSH

N/A

PHDG

28.95

Forward P/E

FCSH

N/A

PHDG

22.35

5Y Dividends CAGR

FCSH

N/A

PHDG

28.74%

5Y EPS CAGR

FCSH

N/A

PHDG

25.98%

Debt to Equity

FCSH

N/A

PHDG

32.48%

P/S Ratio

FCSH

N/A

PHDG

3.76

P/B Ratio

FCSH

N/A

PHDG

5.60

FCSH vs PHDG - Historical Returns

Returns include dividend reinvestment.

Period	FCSH	PHDG
1 month	-0.27%	+1.95%
3 months	-0.54%	+8.98%
6 months	+0.69%	+9.94%
1 year	+3.83%	+23.81%
5 years(CAGR)	+2.39%	+5.07%
10 years(CAGR)	N/A	+6.99%
Max(CAGR)	+2.39%	+5.79%

FCSH

-0.27%

Winner

PHDG

+1.95%

FCSH

-0.54%

Winner

PHDG

+8.98%

FCSH

+0.69%

Winner

PHDG

+9.94%

FCSH

+3.83%

Winner

PHDG

+23.81%

5Y(CAGR)

FCSH

+2.39%

Winner

PHDG

+5.07%

10Y(CAGR)

FCSH

N/A

PHDG

+6.99%

Max(CAGR)

FCSH

+2.39%

Winner

PHDG

+5.79%

FCSH vs PHDG - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FCSH	PHDG
2026	+0.25%	+12.04%
2025	+6.38%	+2.46%
2024	+4.92%	+11.96%
2023	+5.29%	+8.79%
2022	-5.68%	-14.38%
2021	+0.24%	+16.13%
2020	N/A	+18.15%
2019	N/A	+8.89%
2018	N/A	-3.39%
2017	N/A	+15.36%
2016	N/A	-0.25%
2015	N/A	-9.72%
2014	N/A	+6.86%
2013	N/A	+12.19%
2012	N/A	-0.01%

FCSH vs PHDG Drawdown Comparison

The maximum drawdown for FCSH was -8.47%, occurring on Oct 20, 2022. Recovery took 595 trading sessions.

The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.

The current FCSH drawdown is -0.86%. The current PHDG drawdown is -3.15%.

Rank	FCSH	PHDG
#1	-8.47% Dec 31, 2021 - May 15, 2024	-17.69% Dec 5, 2014 - Dec 11, 2017
#2	-1.32% Sep 27, 2024 - Feb 21, 2025	-17.06% Dec 27, 2021 - Jun 12, 2024
#3	-1.24% Feb 27, 2026 - Mar 26, 2026	-15.87% Mar 18, 2020 - Aug 24, 2020
#4	-1.21% Apr 3, 2025 - Apr 28, 2025	-14.79% Dec 4, 2024 - Mar 2, 2026
#5	-0.59% Apr 30, 2025 - May 29, 2025	-12.79% Feb 6, 2018 - Mar 12, 2020
#6	-0.50% May 15, 2024 - Jun 3, 2024	-10.06% Sep 2, 2020 - Apr 15, 2021
#7	-0.45% Aug 2, 2024 - Aug 13, 2024	-6.11% Aug 5, 2024 - Dec 4, 2024
#8	-0.43% Oct 16, 2025 - Nov 24, 2025	-5.20% Aug 2, 2013 - Dec 23, 2013
#9	-0.39% Jun 6, 2024 - Jun 12, 2024	-4.42% Sep 7, 2021 - Nov 2, 2021
#10	-0.37% Sep 16, 2025 - Oct 1, 2025	-4.37% Jul 16, 2024 - Aug 5, 2024
#11	-0.33% Mar 4, 2025 - Mar 20, 2025	-3.69% Apr 2, 2014 - Jun 9, 2014
#12	-0.33% Jun 30, 2025 - Jul 21, 2025	-3.44% Dec 31, 2013 - Feb 28, 2014
#13	-0.31% Jun 4, 2025 - Jun 12, 2025	-3.37% Mar 10, 2026 - Apr 8, 2026
#14	-0.28% Aug 14, 2024 - Aug 20, 2024	-3.26% May 12, 2021 - Jul 2, 2021
#15	-0.25% Jul 25, 2025 - Aug 1, 2025	-3.15% Jun 4, 2026 - Jun 5, 2026

Correlation

Correlation between FCSH and PHDG is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2012 - 2026)

FCSH vs PHDG dividend yield comparison.

Year	FCSH	PHDG
2026	1.75%	0.36%
2025	4.14%	2.10%
2024	4.44%	1.94%
2023	2.31%	1.93%
2022	1.76%	1.35%
2021	0.04%	0.44%
2020	0.00%	0.63%
2019	0.00%	1.80%
2018	0.00%	1.56%
2017	0.00%	1.83%
2016	0.00%	2.29%
2015	0.00%	1.64%
2014	0.00%	5.46%
2013	0.00%	1.76%
2012	0.00%	0.09%