evenfolioETF Details
Federated·Derivative Income·PAYR · Cboe BZX
Federated Hermes Enhanced Income ETF (PAYR)
- Price
- $53.07
- —25 Sept 2026
- Assets
- $70.1M
- Total net assets
- Expense ratio
- 0.40%
- Category 0.88%
- Yield
- —
- Trailing distributions
- 1Y return
- —
- Category 13.6%
- 3Y CAGR
- —
- Category 18.0%
- 5Y CAGR
- —
- Category 9.5%
Loading NAV history…
Federated Hermes Enhanced Income ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -5.4% | -1.5% | +2.8% | +10.8% | — | — | — | — | +14.9% |
| Derivative Income average | 1.6% | 6.5% | 19.5% | 10.3% | 13.6% | 18.0% | 9.5% | 8.5% | 9.4% |
| Difference | -6.9% | -7.9% | -16.7% | +0.5% | — | — | — | — | +5.6% |
Holdings
The 9 largest positions make up 30.0% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| PAYX | Paychex Inc | 4.27% |
| USB | U.S. Bancorp | 3.90% |
| VZ | Verizon Communications Inc | 3.54% |
| SNY | Sanofi SA ADR | 3.39% |
| TTE.PA | TotalEnergies SE | 3.21% |
| MDT | Medtronic PLC | 2.98% |
| ENB.TO | Enbridge Inc | 2.92% |
| BTI | British American Tobacco PLC ADR | 2.89% |
| RF | Regions Financial Corp | 2.86% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 18.6
- P/B
- 2.3
- P/S
- 2.4
- P/CF
- 10.7
Sector allocation
Share of the equity the fund holds.
- Financial services16.5%
- Utilities16.1%
- Consumer staples15.5%
- Energy11.8%
- Health care11.8%
- Real estate10.1%
- Technology8.1%
- Consumer discretionary5.2%
- Communication services4.1%
- Industrials0.9%
- Materials0.1%
Asset mix
- Stocks95.2%
- Cash4.9%
Credit quality
Share of the bonds by rating.
- US government3.0%
ETF details
- Issuer
- Federated
- Category
- Equity · Derivative Income
- Ticker
- PAYR
- Exchange
- Cboe BZX
- Inception
- 7 Oct 2025 (1.0 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.40% (category 0.88%)
- Holdings turnover
- 0% (category 68%)
- Distribution yield
- —
- Beta, 3 years
- 0.00
- Total net assets
- $70.1M
Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other derivative income ETFs
Other ETFs in the Derivative Income category.
- SNOY · YieldMax SNOW Option Income Strategy ETFYieldMax ETFs · $69.4M · ER 1.00%
- WDTE · Defiance S&P 500 Weekly Distribution ETFDefiance ETFs LLC · $68.2M · ER 1.03%
- PSTR · Peakshares Sector Rotation ETFPeakShares LLC · $67.3M · ER 1.06%
- WNTR · YieldMax MSTR Short Option Income Strategy ETFYieldMax ETFs · $66.3M · ER 1.00%
- WRTH · Worth Charting Options Income ETFWorth Charting · $66.2M · ER 1.02%
- SOXY · YieldMax Target 12 Semiconductor Option Income ETFYieldMax ETFs · $64M · ER 1.06%