SCDS vs SMLL
JPMorgan Fundamental Data Science Small Core ETF vs Harbor Active Small Cap ETF
Which is better, SCDS or SMLL?
SCDS has been ahead.
SCDS has a lower expense ratio. SCDS led over 1Y and the full window. SCDS is less concentrated, with 12.9% 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 | SCDS | SMLL |
|---|---|---|
| Expense Ratio | 0.40%Best | 0.80% |
| AUM | $9M | $12M |
| Dividend Yield | 1.12% | 1.63% |
| Holdings | 279 | 103 |
| YTD Return | +17.38%Best | +2.49% |
| 1Y Return | +21.08%Best | -0.71% |
| Volatility (annualized) | 17.7% | 17.4%Best |
| Max Drawdown | -26.7% | -23.6%Best |
| $10,000 over 2.1 years | $13,138Best | $10,541 |
| Top 10 Weight | 12.9%Best | 36.3% |
| Fund Family | J.P. Morgan Asset Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Aug 7, 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).
SCDS 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.
SCDS vs SMLL Performance
JPMorgan Fundamental Data Science Small Core ETF (SCDS) is an ETF from J.P. Morgan Asset Management and Harbor Active Small Cap ETF (SMLL) is an ETF from Harbor Funds. Over the past year SCDS returned +21.08% while SMLL returned -0.71%. Year to date, SCDS is up 17.38% versus a gain of 2.49% for SMLL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCDS has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -26.7% for SCDS 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
SCDS charges 0.40% per year while SMLL charges 0.80%. On a $10,000 position that is $40 vs $80 annually, a gap of $40 per year that compounds over a long holding period. On income, SCDS currently yields 1.12% against 1.63% for SMLL.
Holdings Overlap
4.1% of SCDS's money is in holdings SMLL also owns. 21.8% of SMLL's money is in holdings SCDS also owns.
SMLL and SCDS share little of their money.
11 positions in common, counted across the 274 positions we hold weights for in SCDS and 51 in SMLL, against full books of 279 and 103.
What only one of them owns
Our book lists 40 positions for SMLL that do not appear in our book for SCDS (75.6% of the fund), and 248 for SCDS that do not appear in SMLL (91.9%).
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 SCDS | Weight in SMLL | Difference |
|---|---|---|---|
| PLOWDouglas Dynamics, Inc. | 0.44% | 3.48% | 3.04% |
| RLJRlj Lodging Trust | 0.18% | 2.92% | 2.74% |
| RELYRemitly Global, Inc. | 0.33% | 2.40% | 2.07% |
| LBRTLiberty Oilfield Services, Inc. | 0.37% | 2.26% | 1.89% |
| JBIJanus International | 0.14% | 2.40% | 2.26% |
| HLMNHillman Solutions Corp | 0.35% | 2.10% | 1.75% |
| FRSHFreshworks Inc-Cl A | 0.31% | 1.76% | 1.45% |
| PECOPhillips Edison & Company Inc. | 0.35% | 1.63% | 1.28% |
| MCRIMonarch Casino & Resort Inc | 0.86% | 0.94% | 0.08% |
| MCMoelis & Co_None_0 | 0.29% | 1.10% | 0.81% |
21.8% of SMLL 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, SCDS or SMLL?
SCDS has an expense ratio of 0.40% while SMLL charges 0.80%. SCDS is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, SCDS or SMLL?
Over the past year SCDS returned +21.08% vs -0.71% for SMLL, so SCDS leads on 1-year performance. Over the longest common window we track (2 years), SCDS annualized +13.88% vs +2.54% for SMLL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCDS or SMLL?
SCDS has been the more volatile fund at 17.7% annualized versus 17.4% for SMLL. Worst drawdown: SCDS -26.7% vs SMLL -23.6%.
Should I hold both SCDS and SMLL?
SCDS 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 SCDS and SMLL?
21.8% of SMLL's money is in holdings SCDS also owns. 21.8% of SMLL's is in holdings SCDS also owns. They hold 11 positions in common, counted across the 274 positions we hold weights for in SCDS and 51 in SMLL.
Which pays a higher dividend, SCDS or SMLL?
SCDS yields 1.12% while SMLL yields 1.63%, so SMLL currently pays the higher dividend yield.
Is SMLL better than SCDS?
SCDS has a lower expense ratio. SCDS led over 1Y and the full window. SCDS is less concentrated, with 12.9% 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.