# Portfolio overlap — FCSH vs VFSTX

Comparing **Federated Hermes Short Duration Corporate ETF** (2026-04-30) and **VANGUARD SHORT-TERM INVESTMENT-GRADE FUND** (2026-01-31).

- Shared positions: 86
- Federated Hermes Short Duration Corporate ETF covered by VANGUARD SHORT-TERM INVESTMENT-GRADE FUND: 0.08336885267290249875775008178
- VANGUARD SHORT-TERM INVESTMENT-GRADE FUND covered by Federated Hermes Short Duration Corporate ETF: 0.08336885267290249875775008179

## Federated Hermes Short Duration Corporate ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BANK OF AMER CRP | 0.027743 |  |
| CITIGROUP INC | 0.024258 | ✓ |
| JPMORGAN CHASE | 0.020785 | ✓ |
| MARS INC | 0.018919 | ✓ |
| WELLS FARGO CO | 0.016302 | ✓ |
| BOEING CO/THE | 0.015513 | ✓ |
| MORGAN STANLEY | 0.015447 | ✓ |
| Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.014902 |  |
| GE HEALTHCARE | 0.014870 | ✓ |
| US TREASURY N/B | 0.014635 | ✓ |
| GOLDMAN SACHS GP | 0.013075 | ✓ |
| NETFLIX INC | 0.011384 |  |
| JPMORGAN CHASE | 0.010731 | ✓ |
| HUNTINGTON BANCS | 0.010268 | ✓ |
| FNB CORP | 0.010188 |  |
| NATIONAL FUEL GA | 0.010127 | ✓ |
| HESS CORP | 0.008426 |  |
| FITB V6.361 10/27/28 | 0.008163 | ✓ |
| AXP 5.85 11/05/27 | 0.008135 |  |
| INGERSOLL RAND | 0.008133 | ✓ |
| TRGP 5.2 07/01/27 | 0.008106 | ✓ |
| SMURFIT KAPPA | 0.008099 | ✓ |
| UNITEDHEALTH GRP | 0.008088 |  |
| HOME DEPOT INC | 0.008077 |  |
| AMGEN INC | 0.008064 | ✓ |
| NTT FINANCE CORP 4.372% 07/27/2027 144A | 0.008045 |  |
| METROPOLITAN LIFE GLOBAL FUNDING I GIC 144A LIFE SR SEC 1ST LIEN 4.85% 01-08-29 | 0.008043 |  |
| BACARDI / MARTIN | 0.008035 |  |
| MANUF & TRADERS | 0.008000 | ✓ |
| PFIZER INVSTMNT | 0.007990 | ✓ |
| CDW LLC/CDW FIN | 0.007967 |  |
| AT&T INC | 0.007924 | ✓ |
| USB V2.215 01/27/28 mtn | 0.007922 |  |
| ELEVANCE HEALTH | 0.007913 | ✓ |
| CITIZENS FIN GRP | 0.007866 |  |
| FLORIDA POWER & | 0.007796 |  |
| AIRBNB INC | 0.007739 |  |
| AVALONBAY COMMUN | 0.007690 | ✓ |
| ENEL FIN INTL NV | 0.007626 |  |
| ORANGE SA 144A LIFE SR UNSEC 4.25% 01-13-31 | 0.007603 |  |
| NISOURCE INC | 0.007601 | ✓ |
| ORACLE CORP | 0.007583 |  |
| RTX CORP SR UNSECURED 11/26 5.75 | 0.007356 |  |
| AON NORTH AMER | 0.007338 | ✓ |
| MERCEDES-BNZ FIN | 0.007308 |  |
| PHILIP MORRIS IN | 0.007293 | ✓ |
| NATL RURAL UTIL | 0.007267 |  |
| META PLATFORMS | 0.007252 |  |
| CVS HEALTH CORP | 0.007182 | ✓ |
| FREEPORT-MCMORAN | 0.007174 | ✓ |

## VANGUARD SHORT-TERM INVESTMENT-GRADE FUND — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| US TREASURY N/B | 0.007858 |  |
| US TREASURY N/B | 0.007126 | ✓ |
| Vanguard Market Liquidity Fund | 0.006747 |  |
| US TREASURY N/B | 0.006103 |  |
| ABBVIE INC | 0.005884 |  |
| BOEING CO | 0.005747 |  |
| US TREASURY N/B | 0.005738 |  |
| US TREASURY N/B | 0.005516 |  |
| US TREASURY N/B | 0.005380 |  |
| US TREASURY N/B | 0.005200 |  |
| US TREASURY N/B | 0.004970 |  |
| US TREASURY N/B | 0.004948 |  |
| US TREASURY N/B | 0.004785 |  |
| US TREASURY N/B | 0.004769 |  |
| PFIZER INVSTMNT | 0.004401 | ✓ |
| MARS INC SR UNSECURED 144A 03/28 4.6 | 0.003806 |  |
| UNITED MEXICAN | 0.003641 |  |
| META PLATFORMS | 0.003543 | ✓ |
| BAT INTL FINANCE | 0.003410 |  |
| MARS INC | 0.003189 | ✓ |
| NETFLIX INC | 0.003172 |  |
| Mexico Government International Bonds | 0.003105 |  |
| LOWE'S COS INC | 0.003018 |  |
| AMGEN INC | 0.002878 | ✓ |
| REGIONS FINL | 0.002827 |  |
| ORACLE CORP | 0.002793 |  |
| MORGAN STANLEY | 0.002743 |  |
| BAT CAPITAL CORP | 0.002691 |  |
| KSA SUKUK LTD | 0.002662 |  |
| UNITED MEXICAN | 0.002645 |  |
| COF V5.463 07/26/30 | 0.002599 |  |
| US TREASURY N/B | 0.002585 |  |
| The Goldman Sachs Group, Inc. 4.153 10/21/2029 | 0.002577 |  |
| AT&T INC | 0.002543 |  |
| UBS GROUP | 0.002504 |  |
| AMEREN CORP | 0.002503 |  |
| PNC FINANCIAL | 0.002496 |  |
| SAUDI INTERNATIONAL BOND 5.125000% 01/13/2028 | 0.002474 |  |
| US TREASURY N/B | 0.002389 | ✓ |
| ROYAL BK CANADA | 0.002345 |  |
| NORTHROP GRUMMAN | 0.002345 |  |
| GOLDMAN SACHS GP | 0.002341 |  |
| GOLDMAN SACHS GP | 0.002339 |  |
| SPRINT CAP CORP | 0.002331 |  |
| GOLDMAN SACHS GP | 0.002308 |  |
| US TREASURY N/B | 0.002284 |  |
| FIFTH THIRD BANC | 0.002257 |  |
| US TREASURY N/B | 0.002234 |  |
| ABBVIE INC | 0.002212 |  |
| T-MOBILE USA INC | 0.002203 |  |


## Sources

- N-PORT (fund A) — accession `0001849998-26-000120` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/1849998/000184999826000120/0001849998-26-000120-index.htm>
- N-PORT (fund B) — accession `0000106444-26-000145` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/106444/000010644426000145/0000106444-26-000145-index.htm>

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