I'm pretty sure it's not a formatting issue. It is a hardware problem. It is affecting all three external drives. Because of the way USB works, and because I don't know how you have it all connected, a failure anywhere on the bus could potentially cause this problem.
I recommend disconnecting all external drives and test the performance. You can generate a new EtreCheck report to do this. If it runs in about 3 minutes, then everything is fine.
Then, reconnect one drive at a time. Test each one.
In your EtreCheck report, each external drive should look similar to the internal drive, just not as complicated.
For example, in "Mounted volumes", your internal drive has a volume that looks like this:
Mounted Volumes:
disk1s1s1 - Macintosh HD [APFS Snapshot]
Filesystem: APFS
Mount point: /
Read-only: Yes
Used: 8.94 GB
Shared values
Size: 499.96 GB
Free: 250.03 GB
If your volumes aren't APFS formatted, then they won't show any "Shared values". You should still see the redactions. That's normal.
But if you plug in one drive and the report takes an hour to run after that, then that drive is the problem.
Make sure to connect these drives directly. If you don't have enough ports, that's fine. Do one at a time. Then, if all looks good, connect whatever hub you were using and do the same procedure. One drive at a time.
If you can't isolate the problem, then it is probably something internal to the Mac.