FLQS vs FSCC
Franklin US Small Cap Multifactor Index ETF vs Federated Hermes MDT Small Cap Core ETF
Which is better, FLQS or FSCC?
FSCC has been ahead.
FLQS has a lower expense ratio. FSCC led over 1Y and the full window. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 11.8%.
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 | FLQS | FSCC |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.36% |
| AUM | $50M | $427M |
| Dividend Yield | 1.57% | 0.24% |
| Holdings | 497 | 622 |
| YTD Return | +9.82% | +10.38%Best |
| 1Y Return | +9.87% | +12.30%Best |
| 3Y Return (annualized) | +12.65% | - |
| 5Y Return (annualized) | +5.25% | - |
| Volatility (annualized) | 15.6%Best | 18.4% |
| Max Drawdown | -23.1%Best | -27.2% |
| $10,000 over 2.2 years | $11,271 | $13,065Best |
| Top 10 Weight | 9.7%Best | 11.8% |
| Fund Family | Franklin Templeton Investments (US) | Federated Hermes |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Apr 26, 2017 | Jul 30, 2024 |
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).
FLQS vs FSCC 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.
FLQS vs FSCC Performance
Franklin US Small Cap Multifactor Index ETF (FLQS) is an ETF from Franklin Templeton Investments (US) and Federated Hermes MDT Small Cap Core ETF (FSCC) is an ETF from Federated Hermes. Over the past year FLQS returned +9.87% while FSCC returned +12.30%. Year to date, FLQS is up 9.82% versus a gain of 10.38% for FSCC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FSCC has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 15.6% for FLQS. 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 -23.1% for FLQS and -27.2% for FSCC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLQS charges 0.35% per year while FSCC charges 0.36%. On a $10,000 position that is $35 vs $36 annually, a gap of $1 per year that compounds over a long holding period. On income, FLQS currently yields 1.57% against 0.24% for FSCC.
Holdings Overlap
24.2% of FLQS's money is in holdings FSCC also owns. 26.3% of FSCC's money is in holdings FLQS also owns.
FSCC and FLQS share little of their money.
83 positions in common, counted across the 491 positions we hold weights for in FLQS and 310 in FSCC, against full books of 497 and 622.
What only one of them owns
Our book lists 212 positions for FSCC that do not appear in our book for FLQS (70.6% of the fund), and 390 for FLQS that do not appear in FSCC (72.0%).
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 FLQS | Weight in FSCC | Difference |
|---|---|---|---|
| INDV:MBIndivior Pharmaceuticals, Inc. Ordinary Shares | 0.64% | 1.02% | 0.38% |
| SPSCSps Commerce Inc | 0.43% | 0.93% | 0.50% |
| PSTLPostal Realty Trust Inc- A Common Stock | 0.07% | 1.27% | 1.20% |
| SLDESlide Insurance Holdings, Inc. | 0.13% | 1.11% | 0.98% |
| QLYSQualys Inc | 1.04% | 0.16% | 0.88% |
| PORPortland General | 0.62% | 0.55% | 0.07% |
| INSWInternational Seaways, Inc. | 0.67% | 0.49% | 0.18% |
| MWAMueller Water Products Inc | 0.40% | 0.74% | 0.34% |
| IDCCInterdigital Inc | 1.00% | 0.12% | 0.88% |
| FTDRFrontdoor Inc Common Stock Usd 0.01 | 0.70% | 0.36% | 0.34% |
26.3% of FSCC is already inside FLQS.
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, FLQS or FSCC?
FLQS has an expense ratio of 0.35% while FSCC charges 0.36%. FLQS is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, FLQS or FSCC?
Over the past year FLQS returned +9.87% vs +12.30% for FSCC, so FSCC leads on 1-year performance. Over the longest common window we track (2 years), FLQS annualized +5.59% vs +12.92% for FSCC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQS or FSCC?
FSCC has been the more volatile fund at 18.4% annualized versus 15.6% for FLQS. Worst drawdown: FLQS -23.1% vs FSCC -27.2%.
Should I hold both FLQS and FSCC?
FLQS and FSCC have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FLQS and FSCC?
26.3% of FSCC's money is in holdings FLQS also owns. 26.3% of FSCC's is in holdings FLQS also owns. They hold 83 positions in common, counted across the 491 positions we hold weights for in FLQS and 310 in FSCC.
Which pays a higher dividend, FLQS or FSCC?
FLQS yields 1.57% while FSCC yields 0.24%, so FLQS currently pays the higher dividend yield.
Is FSCC better than FLQS?
FLQS has a lower expense ratio. FSCC led over 1Y and the full window. FLQS is less concentrated, with 9.7% of the fund in its ten largest positions against 11.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.