FSCC vs IVV
Federated Hermes MDT Small Cap Core ETF vs iShares Core S&P 500 ETF
Which is better, FSCC or IVV?
Small Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. FSCC is less concentrated, with 11.8% of the fund in its ten largest positions against 37.8%.
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 | FSCC | IVV |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $359M | $876.4B |
| Dividend Yield | 0.23% | 1.06% |
| Holdings | 308 | 508 |
| YTD Return | +12.67% | +13.23%Best |
| 1Y Return | +15.24% | +17.38%Best |
| 3Y Return (annualized) | - | +22.67% |
| 5Y Return (annualized) | - | +13.13% |
| Volatility (annualized) | 18.6% | 12.1%Best |
| Max Drawdown | -27.2% | -18.8%Best |
| $10,000 over 2.1 years | $13,252 | $14,209Best |
| Top 10 Weight | 11.8%Best | 37.8% |
| Fund Family | Federated Hermes | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Jul 30, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 31, 2024 to Sep 24, 2026 (2.1 years).
FSCC vs IVV 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 IVV Performance
Federated Hermes MDT Small Cap Core ETF (FSCC) is an ETF from Federated Hermes and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FSCC returned +15.24% while IVV returned +17.38%. Year to date, FSCC is up 12.67% versus a gain of 13.23% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FSCC has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 12.1% for IVV. 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 -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FSCC charges 0.36% per year while IVV charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, FSCC currently yields 0.23% against 1.06% for IVV.
Holdings Overlap
0.8% of FSCC's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings FSCC also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 311 positions we hold weights for in FSCC and 490 in IVV, against full books of 308 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for FSCC (98.6% of the fund), and 287 for FSCC that do not appear in IVV (94.2%).
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 IVV | Difference |
|---|---|---|---|
| EMEEmcor Group Inc | 0.77% | 0.05% | 0.72% |
You are not choosing between two funds in isolation.
Whichever of FSCC and IVV 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 IVV?
FSCC has an expense ratio of 0.36% while IVV charges 0.03%. IVV is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FSCC or IVV?
Over the past year FSCC returned +15.24% vs +17.38% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), FSCC annualized +14.35% vs +18.21% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FSCC or IVV?
FSCC has been the more volatile fund at 18.6% annualized versus 12.1% for IVV. Worst drawdown: FSCC -27.2% vs IVV -18.8%.
Should I hold both FSCC and IVV?
FSCC and IVV have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FSCC or IVV?
FSCC yields 0.23% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FSCC?
IVV has a lower expense ratio. IVV led over 1Y and the full window. FSCC is less concentrated, with 11.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.