FSCC vs SMLL
Federated Hermes MDT Small Cap Core ETF vs Harbor Active Small Cap ETF
Which is better, FSCC or SMLL?
FSCC has been ahead.
FSCC has a lower expense ratio. FSCC led over 1Y and the full window. FSCC is less concentrated, with 11.8% of the fund in its ten largest positions against 36.3%.
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 | FSCC | SMLL |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.80% |
| AUM | $427M | $12M |
| Dividend Yield | 0.24% | 1.63% |
| Holdings | 622 | 103 |
| YTD Return | +10.38%Best | +2.49% |
| 1Y Return | +12.30%Best | -0.71% |
| Volatility (annualized) | 18.8% | 17.4%Best |
| Max Drawdown | -27.2% | -23.6%Best |
| $10,000 over 2.1 years | $13,102Best | $10,541 |
| Top 10 Weight | 11.8%Best | 36.3% |
| Fund Family | Federated Hermes | Harbor Funds |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Jul 30, 2024 | Aug 27, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 29, 2024 to Oct 14, 2026 (2.1 years).
FSCC vs SMLL 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 2.1 years both funds cover.
FSCC vs SMLL Performance
Federated Hermes MDT Small Cap Core ETF (FSCC) is an ETF from Federated Hermes and Harbor Active Small Cap ETF (SMLL) is an ETF from Harbor Funds. Over the past year FSCC returned +12.30% while SMLL returned -0.71%. Year to date, FSCC is up 10.38% versus a gain of 2.49% for SMLL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FSCC has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 17.4% for SMLL. 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 -27.2% for FSCC and -23.6% for SMLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FSCC charges 0.36% per year while SMLL charges 0.80%. On a $10,000 position that is $36 vs $80 annually, a gap of $44 per year that compounds over a long holding period. On income, FSCC currently yields 0.24% against 1.63% for SMLL.
Holdings Overlap
1.6% of FSCC's money is in holdings SMLL also owns. 10.4% of SMLL's money is in holdings FSCC also owns.
SMLL and FSCC share little of their money.
6 positions in common, counted across the 310 positions we hold weights for in FSCC and 51 in SMLL, against full books of 622 and 103.
What only one of them owns
Our book lists 45 positions for SMLL that do not appear in our book for FSCC (87.0% of the fund), and 283 for FSCC that do not appear in SMLL (93.4%).
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 FSCC | Weight in SMLL | Difference |
|---|---|---|---|
| RLJRlj Lodging Trust | 0.20% | 2.92% | 2.72% |
| APAMArtisan Partners Asset Management, Inc. | 0.31% | 2.51% | 2.20% |
| FRSHFreshworks Inc-Cl A | 0.34% | 1.76% | 1.42% |
| PECOPhillips Edison & Company Inc. | 0.25% | 1.63% | 1.38% |
| QTWOQ2 Holdings, Inc. | 0.34% | 1.05% | 0.71% |
| NXTNextpower Inc Class A Common Stock | 0.21% | 0.52% | 0.31% |
You are not choosing between two funds in isolation.
Whichever of FSCC and SMLL 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, FSCC or SMLL?
FSCC has an expense ratio of 0.36% while SMLL charges 0.80%. FSCC is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, FSCC or SMLL?
Over the past year FSCC returned +12.30% vs -0.71% for SMLL, so FSCC leads on 1-year performance. Over the longest common window we track (2 years), FSCC annualized +13.73% vs +2.54% for SMLL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FSCC or SMLL?
FSCC has been the more volatile fund at 18.8% annualized versus 17.4% for SMLL. Worst drawdown: FSCC -27.2% vs SMLL -23.6%.
Should I hold both FSCC and SMLL?
FSCC and SMLL have a monthly-return correlation of 0.82, 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 FSCC and SMLL?
10.4% of SMLL's money is in holdings FSCC also owns. 10.4% of SMLL's is in holdings FSCC also owns. They hold 6 positions in common, counted across the 310 positions we hold weights for in FSCC and 51 in SMLL.
Which pays a higher dividend, FSCC or SMLL?
FSCC yields 0.24% while SMLL yields 1.63%, so SMLL currently pays the higher dividend yield.
Is SMLL better than FSCC?
FSCC has a lower expense ratio. FSCC led over 1Y and the full window. FSCC is less concentrated, with 11.8% of the fund in its ten largest positions against 36.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.