FMCE vs STNC
FM Compounders Equity ETF vs Hennessy Sustainable ETF
Which is better, FMCE or STNC?
Each has led over a different period.
FMCE has a lower expense ratio. FMCE led over the full window, STNC over 1Y. STNC is less concentrated, with 35.5% of the fund in its ten largest positions against 54.8%.
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 | FMCE | STNC |
|---|---|---|
| Expense Ratio | 0.71%Best | 0.85% |
| AUM | $70M | $91M |
| Dividend Yield | 2.87% | 0.95% |
| Holdings | 31 | 98 |
| YTD Return | +9.46%Best | +9.15% |
| 1Y Return | +10.12% | +13.09%Best |
| 3Y Return (annualized) | - | +13.48% |
| 5Y Return (annualized) | - | +7.03% |
| Volatility (annualized) | 11.3%Best | 12.7% |
| Max Drawdown | -11.7%Best | -17.9% |
| $10,000 over 1.9 years | $11,820Best | $11,730 |
| Top 10 Weight | 54.8% | 35.5%Best |
| Fund Family | First Manhattan | Hennessy Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 8, 2024 | Mar 15, 2021 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 11, 2024 to Oct 14, 2026 (1.9 years).
FMCE vs STNC 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 1.9 years both funds cover.
FMCE vs STNC Performance
FM Compounders Equity ETF (FMCE) is an ETF from First Manhattan and Hennessy Sustainable ETF (STNC) is an ETF from Hennessy Funds. Over the past year FMCE returned +10.12% while STNC returned +13.09%. Year to date, FMCE is up 9.46% versus a gain of 9.15% for STNC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
STNC has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.3% for FMCE. 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 -11.7% for FMCE and -17.9% for STNC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FMCE charges 0.71% per year while STNC charges 0.85%. On a $10,000 position that is $71 vs $85 annually, a gap of $14 per year that compounds over a long holding period. On income, FMCE currently yields 2.87% against 0.95% for STNC.
Holdings Overlap
7.3% of FMCE's money is in holdings STNC also owns. 3.2% of STNC's money is in holdings FMCE also owns.
FMCE and STNC share little of their money.
The two holdings books were reported 123 days apart, FMCE as of May 31, 2026 and STNC as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 31 positions we hold weights for in FMCE and 47 in STNC, against full books of 31 and 98.
What only one of them owns
Our book lists 43 positions for STNC that do not appear in our book for FMCE (93.1% of the fund), and 26 for FMCE that do not appear in STNC (86.5%).
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 FMCE and STNC 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, FMCE or STNC?
FMCE has an expense ratio of 0.71% while STNC charges 0.85%. FMCE is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, FMCE or STNC?
Over the past year FMCE returned +10.12% vs +13.09% for STNC, so STNC leads on 1-year performance. Over the longest common window we track (2 years), FMCE annualized +9.20% vs +8.76% for STNC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FMCE or STNC?
STNC has been the more volatile fund at 12.7% annualized versus 11.3% for FMCE. Worst drawdown: FMCE -11.7% vs STNC -17.9%.
Should I hold both FMCE and STNC?
FMCE and STNC have a monthly-return correlation of 0.71, 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 FMCE and STNC?
7.3% of FMCE's money is in holdings STNC also owns. 3.2% of STNC's is in holdings FMCE also owns. They hold 2 positions in common, counted across the 31 positions we hold weights for in FMCE and 47 in STNC.
Which pays a higher dividend, FMCE or STNC?
FMCE yields 2.87% while STNC yields 0.95%, so FMCE currently pays the higher dividend yield.
Is STNC better than FMCE?
FMCE has a lower expense ratio. FMCE led over the full window, STNC over 1Y. STNC is less concentrated, with 35.5% of the fund in its ten largest positions against 54.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.