FLCC vs JUST
Federated Hermes MDT Large Cap Core ETF vs Goldman Sachs JUST US Large Cap Equity ETF
Which is better, FLCC or JUST?
Nearly the same fund. JUST costs less.
JUST has a lower expense ratio. FLCC led over the full window, JUST over 1Y. The two have moved almost in lockstep, correlation 0.96. FLCC is less concentrated, with 38.9% of the fund in its ten largest positions against 41.9%.
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 | FLCC | JUST |
|---|---|---|
| Expense Ratio | 0.29% | 0.20%Best |
| AUM | $179M | $572M |
| Dividend Yield | 0.45% | 0.94% |
| Holdings | 304 | 461 |
| YTD Return | +12.79% | +14.35%Best |
| 1Y Return | +16.11% | +18.75%Best |
| 3Y Return (annualized) | - | +22.22% |
| 5Y Return (annualized) | - | +12.57% |
| Volatility (annualized) | 12.4% | 12.2%Best |
| Max Drawdown | -19.2%Best | -19.3% |
| $10,000 over 2.2 years | $14,419Best | $14,216 |
| Top 10 Weight | 38.9%Best | 41.9% |
| Fund Family | Federated Hermes | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 30, 2024 | Jun 7, 2018 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 31, 2024 to Oct 14, 2026 (2.2 years).
FLCC vs JUST 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 2.2 years both funds cover.
FLCC vs JUST Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is an ETF from Federated Hermes and Goldman Sachs JUST US Large Cap Equity ETF (JUST) is an ETF from Goldman Sachs Asset Management. Over the past year FLCC returned +16.11% while JUST returned +18.75%. Year to date, FLCC is up 12.79% versus a gain of 14.35% for JUST.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCC has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 12.2% for JUST. 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 -19.2% for FLCC and -19.3% for JUST. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCC charges 0.29% per year while JUST charges 0.20%. On a $10,000 position that is $29 vs $20 annually, a gap of $9 per year that compounds over a long holding period. On income, FLCC currently yields 0.45% against 0.94% for JUST.
Holdings Overlap
79.8% of FLCC's money is in holdings JUST also owns. 63.8% of JUST's money is in holdings FLCC also owns.
Most of FLCC is already inside JUST. Owning both mostly buys the same companies twice.
106 positions in common, counted across the 155 positions we hold weights for in FLCC and 462 in JUST, against full books of 304 and 461.
What only one of them owns
Our book lists 344 positions for JUST that do not appear in our book for FLCC (35.5% of the fund), and 47 for FLCC that do not appear in JUST (20.0%).
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.
Top Shared Holdings
| Stock | Weight in FLCC | Weight in JUST | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.62% | 8.84% | 0.22% |
| AAPLApple, Inc | 6.81% | 7.84% | 1.03% |
| MSFTMicrosoft Corp | 4.21% | 6.25% | 2.04% |
| GOOGLAlphabet Inc | 5.88% | 3.24% | 2.64% |
| AMZNAmazon.Com Inc | 3.20% | 4.86% | 1.66% |
| AVGOBroadcom Inc | 2.21% | 2.62% | 0.41% |
| MUMicron Technology, Inc. | 1.44% | 2.03% | 0.59% |
| ABBVAbbvie Inc. | 2.18% | 0.75% | 1.43% |
| LLYEli Lilly & Co. | 1.10% | 1.51% | 0.41% |
| GEGeneral Electric Co. | 1.89% | 0.60% | 1.29% |
79.8% of FLCC is already inside JUST.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLCC or JUST?
FLCC has an expense ratio of 0.29% while JUST charges 0.20%. JUST is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, FLCC or JUST?
Over the past year FLCC returned +16.11% vs +18.75% for JUST, so JUST leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +18.10% vs +17.34% for JUST. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCC or JUST?
FLCC has been the more volatile fund at 12.4% annualized versus 12.2% for JUST. Worst drawdown: FLCC -19.2% vs JUST -19.3%.
Should I hold both FLCC and JUST?
FLCC and JUST have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FLCC and JUST?
79.8% of FLCC's money is in holdings JUST also owns. 63.8% of JUST's is in holdings FLCC also owns. They hold 106 positions in common, counted across the 155 positions we hold weights for in FLCC and 462 in JUST.
Which pays a higher dividend, FLCC or JUST?
FLCC yields 0.45% while JUST yields 0.94%, so JUST currently pays the higher dividend yield.
Is JUST better than FLCC?
JUST has a lower expense ratio. FLCC led over the full window, JUST over 1Y. The two have moved almost in lockstep, correlation 0.96. FLCC is less concentrated, with 38.9% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.