FSCC vs. EPSB

Last updated Jun 4, 2026

FSCC (Federated Hermes MDT Small Cap Core ETF) and EPSB (Harbor SMID Cap Core ETF) are both Small Cap Blend Equities funds. Both are actively managed. Over the past year, FSCC returned 38.08% vs 29.37% for EPSB. Their correlation of 0.84 suggests significant overlap in exposure. FSCC charges 0.36%/yr vs 0.88%/yr for EPSB.

Performance

FSCC vs. EPSB - Performance Comparison

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

Returns By Period

In the year-to-date period, FSCC achieves a 15.26% return, which is significantly lower than EPSB's 18.61% return.

FSCC

• 1D: -1.31%
• 1M: 2.28%
• YTD: 15.26%
• 6M: 13.86%
• 1Y: 38.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EPSB

• 1D: 0.44%
• 1M: 2.40%
• YTD: 18.61%
• 6M: 19.57%
• 1Y: 29.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSCC vs. EPSB - Yearly Performance Comparison

	2026 (YTD)	2025
FSCC Federated Hermes MDT Small Cap Core ETF	15.26%	26.36%
EPSB Harbor SMID Cap Core ETF	18.61%	13.67%

Correlation

The correlation between FSCC and EPSB is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since May 5, 2025	0.84

The correlation between FSCC and EPSB has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

FSCC vs. EPSB - Sectors Allocation Comparison

Sectors	FSCC	EPSB
Industrials	21.2%	29.9%
Healthcare	17.4%	6.3%
Financial Services	17.0%	13.8%
Technology	16.9%	22.6%
Real Estate	6.6%	6.1%
Consumer Cyclical	6.4%	7.9%
Energy	4.8%	3.2%
Basic Materials	3.2%	7.1%
Consumer Defensive	2.8%	-
Communication Services	2.0%	-
Utilities	1.8%	3.1%

Return for Risk

FSCC vs. EPSB — Risk / Return Rank

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

FSCC

FSCC Risk / Return Rank: 63
FSCC Sharpe Ratio Rank: 60
FSCC Sortino Ratio Rank: 60
FSCC Omega Ratio Rank: 55
FSCC Calmar Ratio Rank: 70
FSCC Martin Ratio Rank: 69

EPSB

EPSB Risk / Return Rank: 64
EPSB Sharpe Ratio Rank: 60
EPSB Sortino Ratio Rank: 65
EPSB Omega Ratio Rank: 57
EPSB Calmar Ratio Rank: 71
EPSB Martin Ratio Rank: 66

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.

FSCC vs. EPSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Small Cap Core ETF (FSCC) and Harbor SMID Cap Core ETF (EPSB). 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.

	FSCC	EPSB	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.98	+0.03
Sortino ratio: Return per unit of downside risk	2.81	2.97	-0.17
Omega ratio: Gain probability vs. loss probability	1.33	1.34	-0.01
Calmar ratio: Return relative to maximum drawdown	3.46	3.49	-0.03
Martin ratio: Return relative to average drawdown	12.67	11.84	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSCC vs. EPSB - Sharpe Ratio Comparison

The current FSCC Sharpe Ratio is 2.00, which is comparable to the EPSB Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of FSCC and EPSB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FSCC	EPSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	1.98	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	2.08	-1.26

Drawdowns

FSCC vs. EPSB - Drawdown Comparison

The maximum FSCC drawdown since its inception was -27.17%, which is greater than EPSB's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for FSCC and EPSB.

Drawdown Indicators

	FSCC	EPSB	Difference
Max Drawdown Largest peak-to-trough decline	-27.17%	-8.46%	-18.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-8.46%	-2.61%
Current Drawdown Current decline from peak	-1.90%	-0.31%	-1.59%
Average Drawdown Average peak-to-trough decline	-5.18%	-1.58%	-3.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.49%	+0.52%

Volatility

FSCC vs. EPSB - Volatility Comparison

Federated Hermes MDT Small Cap Core ETF (FSCC) has a higher volatility of 5.62% compared to Harbor SMID Cap Core ETF (EPSB) at 4.44%. This indicates that FSCC's price experiences larger fluctuations and is considered to be riskier than EPSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCC	EPSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	4.44%	+1.18%
Volatility (6M) Calculated over the trailing 6-month period	13.36%	10.87%	+2.49%
Volatility (1Y) Calculated over the trailing 1-year period	19.17%	15.00%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.30%	15.38%	+6.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.30%	15.38%	+6.92%

FSCC vs. EPSB - Expense Ratio Comparison

FSCC has a 0.36% expense ratio, which is lower than EPSB's 0.88% expense ratio.

Dividends

FSCC vs. EPSB - Dividend Comparison

FSCC's dividend yield for the trailing twelve months is around 0.23%, less than EPSB's 1.15% yield.

Position	TTM	2025	2024
EPSB Harbor SMID Cap Core ETF	1.15%	1.36%	0.00%
FSCC Federated Hermes MDT Small Cap Core ETF	0.23%	0.27%	0.16%

Frequently Asked Questions

Can I hold both FSCC and EPSB in my portfolio?

FSCC and EPSB have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSCC or EPSB?

FSCC has higher volatility (5.62%) compared to EPSB (4.44%). In terms of maximum drawdown, FSCC dropped -27.17% vs EPSB's -8.46%.

Which ETF is better, FSCC or EPSB?

On 1-year performance, FSCC leads with 38.08% vs 29.37% for EPSB. On fees, FSCC is cheaper at 0.36% per year. On volatility, EPSB has been the lower-risk option at 4.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSCC or EPSB?

Over the 1-year period, FSCC has performed better with a 38.08% return vs 29.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSCC or EPSB?

FSCC is cheaper with a 0.36% expense ratio, compared with 0.88% for EPSB.

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

EPSB has the higher dividend yield at 1.15%, compared with 0.23% for FSCC.

What is the main difference between FSCC and EPSB?

They also come from different issuers: Federated Hermes and Harbor. Their fees differ too: 0.36% for FSCC and 0.88% for EPSB.

Which has better risk-adjusted returns?

FSCC currently has the higher Sharpe Ratio (2.00 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.