FDAT vs USMC
Tactical Advantage ETF vs Principal U.S. Mega-Cap ETF
Which is better, FDAT or USMC?
USMC has been ahead.
USMC has a lower expense ratio. USMC led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FDAT | USMC |
|---|---|---|
| Expense Ratio | 1.16% | 0.12%Best |
| AUM | $36M | $5.2B |
| Dividend Yield | 5.94% | 0.74% |
| Holdings | 9 | 58 |
| YTD Return | +2.79% | +13.98%Best |
| 1Y Return | +2.00% | +14.91%Best |
| 3Y Return (annualized) | +9.28% | +22.22%Best |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 8.6%Best | 12.2% |
| Max Drawdown | -8.2%Best | -19.1% |
| $10,000 over 3.5 years | $13,015 | $20,062Best |
| Top 10 Weight | - | 55.3% |
| Fund Family | Tactical Advantage | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 11, 2023 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 20, 2023 to Oct 14, 2026 (3.5 years).
FDAT vs USMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.5 years both funds cover.
FDAT vs USMC Performance
Tactical Advantage ETF (FDAT) is an ETF from Tactical Advantage and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year FDAT returned +2.00% while USMC returned +14.91%. Year to date, FDAT is up 2.79% versus a gain of 13.98% for USMC.
Over three years, FDAT compounded at +9.28% per year against +22.22% for USMC. Across the full 4-year window we track, USMC has the edge at +22.01% annualized vs +7.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USMC has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 8.6% for FDAT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.2% for FDAT and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDAT charges 1.16% per year while USMC charges 0.12%. On a $10,000 position that is $116 vs $12 annually, a gap of $104 per year that compounds over a long holding period. On income, FDAT currently yields 5.94% against 0.74% for USMC.
Holdings Overlap
We hold position weights for 8 holdings in FDAT and 27 in USMC, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 8 positions we hold weights for in FDAT and 27 in USMC, against full books of 9 and 58.
What only one of them owns
Our book lists 27 positions for USMC that do not appear in our book for FDAT (100.0% of the fund), and 8 for FDAT that do not appear in USMC (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of FDAT and USMC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDAT or USMC?
FDAT has an expense ratio of 1.16% while USMC charges 0.12%. USMC is the cheaper option, by $104 a year on a $10,000 investment.
Which performed better, FDAT or USMC?
Over the past year FDAT returned +2.00% vs +14.91% for USMC, so USMC leads on 1-year performance. Over the longest common window we track (4 years), FDAT annualized +7.82% vs +22.01% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDAT or USMC?
USMC has been the more volatile fund at 12.2% annualized versus 8.6% for FDAT. Worst drawdown: FDAT -8.2% vs USMC -19.1%.
Should I hold both FDAT and USMC?
FDAT and USMC have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FDAT or USMC?
FDAT yields 5.94% while USMC yields 0.74%, so FDAT currently pays the higher dividend yield.
Is USMC better than FDAT?
USMC has a lower expense ratio. USMC led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.