BBSC vs. FSCC

Last updated Jun 25, 2026

BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) and FSCC (Federated Hermes MDT Small Cap Core ETF) are both Small Cap Blend Equities funds. BBSC is passively managed, while FSCC is actively managed. Over the past year, BBSC returned 38.10% vs 39.94% for FSCC. With a 0.97 correlation, they move nearly in lockstep. BBSC charges 0.09%/yr vs 0.36%/yr for FSCC.

Performance

BBSC vs. FSCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) and Federated Hermes MDT Small Cap Core ETF (FSCC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with BBSC having a 20.49% return and FSCC slightly lower at 19.96%.

BBSC

• 1D: 0.64%
• 1M: 4.77%
• YTD: 20.49%
• 6M: 17.40%
• 1Y: 38.10%
• 3Y*: 19.49%
• 5Y*: 6.95%
• 10Y*: —

FSCC

• 1D: 0.47%
• 1M: 4.21%
• YTD: 19.96%
• 6M: 17.42%
• 1Y: 39.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBSC vs. FSCC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	20.49%	10.38%	2.35%
FSCC Federated Hermes MDT Small Cap Core ETF	19.96%	15.30%	2.15%

Correlation

The correlation between BBSC and FSCC is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jul 31, 2024	0.97

The correlation between BBSC and FSCC has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.

BBSC vs. FSCC - Sectors Allocation Comparison

Sectors	BBSC	FSCC
Technology	20.3%	17.6%
Financial Services	16.7%	17.1%
Healthcare	15.5%	17.5%
Industrials	15.0%	20.7%
Consumer Cyclical	8.7%	7.1%
Real Estate	7.5%	6.2%
Energy	5.8%	4.3%
Basic Materials	4.0%	3.5%
Consumer Defensive	3.0%	2.5%
Communication Services	2.3%	1.9%
Utilities	1.2%	1.7%

Return for Risk

BBSC vs. FSCC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBSC

BBSC Risk / Return Rank: 72
BBSC Sharpe Ratio Rank: 69
BBSC Sortino Ratio Rank: 70
BBSC Omega Ratio Rank: 61
BBSC Calmar Ratio Rank: 83
BBSC Martin Ratio Rank: 77

FSCC

FSCC Risk / Return Rank: 74
FSCC Sharpe Ratio Rank: 74
FSCC Sortino Ratio Rank: 73
FSCC Omega Ratio Rank: 66
FSCC Calmar Ratio Rank: 80
FSCC Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBSC vs. FSCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) and Federated Hermes MDT Small Cap Core ETF (FSCC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBSC	FSCC	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.05	-0.07
Sortino ratio: Return per unit of downside risk	2.79	2.85	-0.06
Omega ratio: Gain probability vs. loss probability	1.33	1.34	-0.01
Calmar ratio: Return relative to maximum drawdown	4.01	3.62	+0.39
Martin ratio: Return relative to average drawdown	13.12	13.24	-0.12

BBSC vs. FSCC - Sharpe Ratio Comparison

The current BBSC Sharpe Ratio is 1.98, which is comparable to the FSCC Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of BBSC and FSCC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBSC vs. FSCC - Drawdown Comparison

The maximum BBSC drawdown since its inception was -30.96%, which is greater than FSCC's maximum drawdown of -27.17%. Use the drawdown chart below to compare losses from any high point for BBSC and FSCC.

Drawdown Indicators

	BBSC	FSCC	Difference
Max Drawdown Largest peak-to-trough decline	-30.96%	-27.17%	-3.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-11.07%	+1.53%
Max Drawdown (3Y) Largest decline over 3 years	-29.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.96%	—	—
Current Drawdown Current decline from peak	0.00%	-0.53%	+0.53%
Average Drawdown Average peak-to-trough decline	-11.38%	-5.06%	-6.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	3.02%	-0.11%

Volatility

BBSC vs. FSCC - Volatility Comparison

The current volatility for JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is 5.45%, while Federated Hermes MDT Small Cap Core ETF (FSCC) has a volatility of 6.28%. This indicates that BBSC experiences smaller price fluctuations and is considered to be less risky than FSCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBSC	FSCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	6.28%	-0.83%
Volatility (6M) Calculated over the trailing 6-month period	13.39%	14.13%	-0.74%
Volatility (1Y) Calculated over the trailing 1-year period	19.36%	19.59%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.97%	22.33%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.83%	22.33%	+0.50%

BBSC vs. FSCC - Expense Ratio Comparison

BBSC has a 0.09% expense ratio, which is lower than FSCC's 0.36% expense ratio.

Dividends

BBSC vs. FSCC - Dividend Comparison

BBSC's dividend yield for the trailing twelve months is around 1.01%, more than FSCC's 0.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	1.01%	1.13%	1.29%	1.58%	1.37%	1.06%	0.18%
FSCC Federated Hermes MDT Small Cap Core ETF	0.22%	0.27%	0.16%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBSC and FSCC in my portfolio?

With a correlation of 0.97, BBSC and FSCC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BBSC or FSCC?

FSCC has higher volatility (6.28%) compared to BBSC (5.45%). In terms of maximum drawdown, BBSC dropped -30.96% vs FSCC's -27.17%.

Which ETF is better, BBSC or FSCC?

On 1-year performance, FSCC leads with 39.94% vs 38.10% for BBSC. On fees, BBSC is cheaper at 0.09% per year. On volatility, BBSC has been the lower-risk option at 5.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBSC or FSCC?

Over the 1-year period, FSCC has performed better with a 39.94% return vs 38.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBSC or FSCC?

BBSC is cheaper with a 0.09% expense ratio, compared with 0.36% for FSCC.

Which ETF pays a higher dividend yield, BBSC or FSCC?

BBSC has the higher dividend yield at 1.01%, compared with 0.22% for FSCC.

What is the main difference between BBSC and FSCC?

They also come from different issuers: JPMorgan and Federated Hermes. Their fees differ too: 0.09% for BBSC and 0.36% for FSCC.

Which has better risk-adjusted returns?

FSCC currently has the higher Sharpe Ratio (2.05 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.