FSCC vs SCHD
Federated Hermes MDT Small Cap Core ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. FSCC delivered stronger 1-year returns. FSCC offers more diversification with 309 holdings.
Side-by-Side Comparison
| Metric | FSCC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.06% | |
| AUM | $309M | $103.7B | |
| Dividend Yield | 0.22% | 3.31% | |
| Holdings | 302 | 104 | |
| YTD Return | +18.97% | +25.33% | |
| 1Y Return | +33.94% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 18.5% | 13.6% | |
| Max Drawdown | -27.2% | -33.4% | |
| Fund Family | Federated Hermes | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 30, 2024 | Oct 20, 2011 |
FSCC vs SCHD Performance
Federated Hermes MDT Small Cap Core ETF (FSCC) is a ETF from Federated Hermes and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FSCC returned +33.94% while SCHD returned +32.31%. Year to date, FSCC is up 18.97% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
FSCC has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 13.6% for SCHD. 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 -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FSCC charges 0.36% per year while SCHD charges 0.06%. On a $10,000 position that is $36 vs $6 annually, a gap of $30 per year that compounds over a long holding period. On income, FSCC currently yields 0.22% against 3.31% for SCHD.
Holdings Overlap
FSCC and SCHD share 4 holdings out of 405 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FSCC or SCHD?
FSCC has an expense ratio of 0.36% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, FSCC or SCHD?
Over the past year FSCC returned +33.94% vs +32.31% for SCHD, so FSCC leads on 1-year performance. Over the longest common window we track (2 years), FSCC annualized +18.43% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, FSCC or SCHD?
FSCC has been the more volatile fund at 18.5% annualized versus 13.6% for SCHD. Worst drawdown: FSCC -27.2% vs SCHD -33.4%.
Should I hold both FSCC and SCHD?
FSCC and SCHD have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FSCC and SCHD?
FSCC and SCHD share 4 common holdings with a 0.2% weight overlap. Combined, they hold 405 unique securities.
Which pays a higher dividend, FSCC or SCHD?
FSCC yields 0.22% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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