SCDS vs SPY
JPMorgan Fundamental Data Science Small Core ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SCDS or SPY?
Small Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SCDS led over 1Y, SPY over the full window. SCDS is less concentrated, with 12.0% 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 | SCDS | SPY |
|---|---|---|
| Expense Ratio | 0.40% | 0.09%Best |
| AUM | $10M | $804.7B |
| Dividend Yield | 0.92% | 0.98% |
| Holdings | 280 | 505 |
| YTD Return | +20.51%Best | +12.09% |
| 1Y Return | +21.60%Best | +16.29% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 17.8% | 12.4%Best |
| Max Drawdown | -26.7% | -18.8%Best |
| $10,000 over 2.1 years | $14,445 | $14,665Best |
| Top 10 Weight | 12.0%Best | 37.8% |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Aug 7, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 8, 2024 to Sep 18, 2026 (2.1 years).
SCDS vs SPY 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 SPY Performance
JPMorgan Fundamental Data Science Small Core ETF (SCDS) is an ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SCDS returned +21.60% while SPY returned +16.29%. Year to date, SCDS is up 20.51% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCDS has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 12.4% for SPY. 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 -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCDS charges 0.40% per year while SPY charges 0.09%. On a $10,000 position that is $40 vs $9 annually, a gap of $31 per year that compounds over a long holding period. On income, SCDS currently yields 0.92% against 0.98% for SPY.
Holdings Overlap
0.6% of SCDS's money is in holdings SPY also owns. 0.4% of SPY's money is in holdings SCDS also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 274 positions we hold weights for in SCDS and 504 in SPY, against full books of 280 and 505.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for SCDS (98.9% of the fund), and 258 for SCDS that do not appear in SPY (94.7%).
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.
You are not choosing between two funds in isolation.
Whichever of SCDS and SPY 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, SCDS or SPY?
SCDS has an expense ratio of 0.40% while SPY charges 0.09%. SPY is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, SCDS or SPY?
Over the past year SCDS returned +21.60% vs +16.29% for SPY, so SCDS leads on 1-year performance. Over the longest common window we track (2 years), SCDS annualized +19.14% vs +20.00% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCDS or SPY?
SCDS has been the more volatile fund at 17.8% annualized versus 12.4% for SPY. Worst drawdown: SCDS -26.7% vs SPY -18.8%.
Should I hold both SCDS and SPY?
SCDS and SPY have a monthly-return correlation of 0.84, 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, SCDS or SPY?
SCDS yields 0.92% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than SCDS?
SPY has a lower expense ratio. SCDS led over 1Y, SPY over the full window. SCDS is less concentrated, with 12.0% 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.