Federated Hermes Enhanced Income ETF (PAYR) Performance
PAYR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.0% since Dec 31, 2025
- 1 year
- +21.1% total return
- Since first price
- +22.4% since 2025
PAYR trailing returns vs SPY, QQQ, AGG
| Period | PAYR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.0% | +5.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.6% | +1.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.3% | +4.1% | +7.8% | +8.4% | −1.5% |
| YTD | +18.0% | +11.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +21.1% | +11.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 8, 2025 | +22.4% | +12.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PAYR vs SPY
From Oct 8, 2025: PAYR grew to $12,245, SPY to $11,412.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PAYR returns by calendar year
2026 is year to date.
PAYR annual returns table
| Year | PAYR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.0% | −7.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PAYR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 1 | +23.1% | +23.1% | +23.1% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
PAYR performance overview
Federated Hermes Enhanced Income ETF (PAYR) returned +21.1% over the past year, with distributions reinvested. Since its first recorded price on Oct 8, 2025 it has returned +22.4%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: PAYR chart, PAYR holdings, PAYR dividends, PAYR valuation. See the PAYR overview for the latest quote and fund facts.
PAYR performance FAQ
What is the PAYR return over the past year?
PAYR returned +21.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.6%.
How much would $10,000 invested in PAYR be worth?
$10,000 invested in PAYR at its first recorded close on October 8, 2025 would be worth about $12,245 on October 23, 2026 with distributions reinvested.