Shareholder Report | 12 Months Ended |
Oct. 31, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Federated Hermes ETF Trust |
Entity Central Index Key | 0001849998 |
Entity Investment Company Type | N-1A |
Document Period End Date | Oct. 31, 2024 |
C000238923 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Federated Hermes U.S. Strategic Dividend ETF |
Class Name | Federated Hermes U.S. Strategic Dividend ETF |
Trading Symbol | FDV |
Security Exchange Name | NYSEArca |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Federated Hermes U.S. Strategic Dividend ETF (the “Fund”) for the period of November 1, 2023 to October 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at FederatedHermes.com/us/FundInformation |
Additional Information Phone Number | 1‑800‑341‑7400 |
Additional Information Website | FederatedHermes.com/us/FundInformation |
Expenses [Text Block] | What were the Fund costs for the last year? (Based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Federated Hermes U.S. Strategic $ 0.50 % |
Expenses Paid, Amount | $ 58 |
Expense Ratio, Percent | 0.50% |
Factors Affecting Performance [Text Block] | Management's Discussion of Fund Performance The following discussion compares the performance of the Fund to the S&P 500 ® Top Contributors to Performance The Fund provided a dividend yield more than two times that of the Index which contributed positively to relative performance. Stock selection in the Financials sector contributed positively to relative performance. Outperformers included PNC Financial Services, Morgan Stanley, JP Morgan Chase & Co. and Truist Financial Corporation. Stock selection in the Health Care sector was also a positive relative contributor to performance, driven by robust performance from Amgen and AbbVie. Stock selection in the Consumer Staples sector was another area of relative strength, led by superior performance from Philip Morris International and Target Corporation. Top Detractors from Performance The Fund’s largest relative detractor was the underweight position to the Information Technology sector. Information Technology accounted for 38% of the total performance of the Index. Information Technology continues to afford little in the way of high-and-rising dividend-paying companies. Stock selection in the Industrials sector was a relative detractor, as top performers in the Index such as Howmet Aerospace Inc., United Airlines Holdings, GE Vernova Inc., Axon Enterprise Inc. and United Rentals, Inc. either did not pay a dividend or paid a dividend notably lower than the Fund’s minimum threshold and, therefore, were not held by the Fund. Stock selection in the Communication Services sector was another area of relative weakness, as the Fund’s strategy is to invest in the defensive, dividend-paying telecom service names while the top performers in the sector were Meta Platforms, Alphabet and Netflix. These outperformers either did not pay a dividend or paid a dividend notably lower than the Fund’s minimum threshold and, therefore, were not held by the Fund. |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund Performance Keep in mind that the Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. Cumulative Performance: November 15, 2022 through October 31, 2024 Initial Investment of $10,000 |
Average Annual Return [Table Text Block] | Average Annual Total Returns 1 Year Since Inception 1 Federated Hermes U.S. Strategic Dividend ETF at NAV 32.07 % 8.54 % S&P 500 ® 38.02 % 21.85 % 1 Commenced operations on November 15, 2022. |
Performance Inception Date | Nov. 15, 2022 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. |
Updated Performance Information Location [Text Block] | Visit FederatedHermes.com/us/FundInformation |
Net Assets | $ 175,581,425 |
Holdings Count | Holding | 51 |
Advisory Fees Paid, Amount | $ 516,391 |
Investment Company Portfolio Turnover | 39% |
Additional Fund Statistics [Text Block] | Key Fund Statistics Net Assets $ Number of Investments 51 Portfolio Turnover Rate 39 % Total Advisory Fees Paid $ |
Holdings [Text Block] | Fund Holdings Top Sectors (% of Net Assets) |