Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Federated Hermes MDT Small Cap Core ETF
$33.82−0.11 (−0.32%)
- 0.50%
- $427M
- +18.9%
- 0.24%
- 0.1M sh
- $33.95
- low $27.83high $37.52
The ETF.net FSCC Grade
B
Score 56 out of 100
- 15 of 41
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B64 out of 100Rank 14 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A83 out of 100Rank 4 of 10Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 29 of 38Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 16 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 19 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 12 of 41
Our read on FSCC
BMost standout active small-cap funds are tilt machines: value, profitability, quality. FSCC is the plain one, picking stocks across the Russell 2000 universe for long-term capital appreciation at a middle-of-the-pack price.
The Fund seeks long-term capital appreciation.
Why people hold it
- Core, not a bet on one style: active stock selection measured against the Russell 2000, with long-term capital appreciation as the stated objective.
- 0.50% a year, a touch under the typical active US small-cap fund and well below the 0.80% on GSC, which points at the same Russell 2000 benchmark.
- What is inside matches what is on the label: a US equity portfolio run to its small-cap core mandate, landing in the upper half of its active small-cap peer group.
- Moderately traded rather than thin, so routine buying and selling does not depend on catching a quiet moment in the tape.
Worth knowing
- Launched in 2024, so the record is short and there is not yet a full market cycle to judge the manager on.
- Volatility is the softest part of its profile. Small caps swing harder than large caps, and this fund fishes in the whole Russell 2000 pond.
- You pay for the active call: several of the highest-rated funds in this group, including AVSC, AVUV and DUHP, charge 0.25% or less.
FSCC Holdings
- Stocks
- 312
- 12%
- AHR
Sectors
- Health Care21.2%
- Financials20.6%
- Industrials15.8%
- Technology14.0%
- Consumer Discretionary7.2%
- Real Estate6.7%
- Energy5.4%
- Materials3.0%
- Consumer Staples2.7%
- Communication1.7%
- Utilities1.6%
Geography
- United States90.44%
- Bermuda3.23%
- Ireland1.63%
- Singapore0.82%
- Luxembourg0.59%
- Puerto Rico0.55%
- France0.53%
- Switzerland0.39%
- 1.82%
FSCC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
FSCC$11,887
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FSCC |
|---|---|
| Year to date | +13.1% |
| 1 month | −2.6% |
| 3 months | −5.9% |
| 1 year | +18.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FSCC |
|---|---|---|
| 2026 YTD | +13.1% | |
| 2025 | +15.3% | |
| 2024 | +2.2% |
FSCC in the news
FSCC Dividends
- 0.24%
- $0.08
- $0.08 per share
- Irregular
Distribution history
FSCC Risk
- 18.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.54
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FSCC Cost
0.50%
FSCC0.50%
- The middle half of US Active Small-Cap funds
- Median 0.55%
16 of the 39 US Active Small-Cap funds charge less.
Other funds in US Active Small-Cap
- BSEISSEI Exchange Traded Funds - SEI Select Small Cap ETFExpense ratio 0.55%1 year return +17.8%
- BESSCEventide Small Cap ETFExpense ratio 0.49%1 year return +17.7%
- BACSVAmerican Century ETF Trust - American Century Small Cap Value Insights ETFExpense ratio 0.49%1 year return —
- BSYZLazard US Systematic Small Cap Equity ETFExpense ratio 0.60%1 year return +23.1%
- CACSGAmerican Century Small Cap Growth Insights ETFExpense ratio 0.49%1 year return —