GSC vs SCDS
Goldman Sachs Small Cap Equity ETF vs JPMorgan Fundamental Data Science Small Core ETF
Which is better, GSC or SCDS?
SCDS has been ahead.
SCDS has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. SCDS is less concentrated, with 12.9% of the fund in its ten largest positions against 16.3%.
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 | GSC | SCDS |
|---|---|---|
| Expense Ratio | 0.75% | 0.40%Best |
| AUM | $286M | $9M |
| Dividend Yield | 0.22% | 1.12% |
| Holdings | 197 | 279 |
| YTD Return | +10.48% | +17.38%Best |
| 1Y Return | +14.01% | +21.08%Best |
| 3Y Return (annualized) | +14.86% | - |
| Volatility (annualized) | 19.0% | 17.7%Best |
| Max Drawdown | -27.0% | -26.7%Best |
| $10,000 over 2.2 years | $12,432 | $14,139Best |
| Top 10 Weight | 16.3% | 12.9%Best |
| Fund Family | Goldman Sachs Asset Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Oct 3, 2023 | Aug 7, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 8, 2024 to Oct 14, 2026 (2.2 years).
GSC vs SCDS 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.
GSC vs SCDS Performance
Goldman Sachs Small Cap Equity ETF (GSC) is an ETF from Goldman Sachs Asset Management and JPMorgan Fundamental Data Science Small Core ETF (SCDS) is an ETF from J.P. Morgan Asset Management. Over the past year GSC returned +14.01% while SCDS returned +21.08%. Year to date, GSC is up 10.48% versus a gain of 17.38% for SCDS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSC has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 17.7% for SCDS. 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 -27.0% for GSC and -26.7% for SCDS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSC charges 0.75% per year while SCDS charges 0.40%. On a $10,000 position that is $75 vs $40 annually, a gap of $35 per year that compounds over a long holding period. On income, GSC currently yields 0.22% against 1.12% for SCDS.
Holdings Overlap
27.6% of GSC's money is in holdings SCDS also owns. 12.9% of SCDS's money is in holdings GSC also owns.
GSC and SCDS share little of their money.
27 positions in common, counted across the 98 positions we hold weights for in GSC and 274 in SCDS, against full books of 197 and 279.
What only one of them owns
Our book lists 234 positions for SCDS that do not appear in our book for GSC (83.7% of the fund), and 66 for GSC that do not appear in SCDS (69.0%).
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 GSC | Weight in SCDS | Difference |
|---|---|---|---|
| LTHLife Time Inc | 1.71% | 0.87% | 0.84% |
| CHEFChefs' Warehouse, Inc. | 1.20% | 1.16% | 0.04% |
| DOCNDigitalocean Holdings Inc | 1.52% | 0.62% | 0.90% |
| TRNOTerreno Realty Corp. | 1.57% | 0.44% | 1.13% |
| ALKS:IEAlkermes Plc. Ordinary Shares | 1.49% | 0.51% | 0.98% |
| OFCCorporate Office Properties Trust | 1.40% | 0.48% | 0.92% |
| FRMEFirst Merchants Corp Common Stock | 1.17% | 0.61% | 0.56% |
| MHOM/I Homes Inc | 1.14% | 0.53% | 0.61% |
| CMCCommercial Metals Co | 1.20% | 0.46% | 0.74% |
| GFFGriffon Corp. | 1.25% | 0.38% | 0.87% |
27.6% of GSC is already inside SCDS.
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, GSC or SCDS?
GSC has an expense ratio of 0.75% while SCDS charges 0.40%. SCDS is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, GSC or SCDS?
Over the past year GSC returned +14.01% vs +21.08% for SCDS, so SCDS leads on 1-year performance. Over the longest common window we track (2 years), GSC annualized +10.40% vs +17.05% for SCDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSC or SCDS?
GSC has been the more volatile fund at 19.0% annualized versus 17.7% for SCDS. Worst drawdown: GSC -27.0% vs SCDS -26.7%.
Should I hold both GSC and SCDS?
GSC and SCDS have a monthly-return correlation of 0.93, 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 GSC and SCDS?
27.6% of GSC's money is in holdings SCDS also owns. 12.9% of SCDS's is in holdings GSC also owns. They hold 27 positions in common, counted across the 98 positions we hold weights for in GSC and 274 in SCDS.
Which pays a higher dividend, GSC or SCDS?
GSC yields 0.22% while SCDS yields 1.12%, so SCDS currently pays the higher dividend yield.
Is SCDS better than GSC?
SCDS has a lower expense ratio. SCDS led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. SCDS is less concentrated, with 12.9% of the fund in its ten largest positions against 16.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.