FSCC vs. RUSC

Last updated Aug 2, 2026

FSCC (Federated Hermes MDT Small Cap Core ETF) and RUSC (U.S. Small Cap Equity Active ETF) are both Small Cap Blend Equities funds. Both are actively managed. Over the past year, FSCC returned 36.31% vs 37.10% for RUSC. Their 0.96 correlation means they have historically moved very closely together. FSCC charges 0.36%/yr vs 0.64%/yr for RUSC.

Performance

FSCC vs. RUSC - Performance Comparison

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

Returns By Period

In the year-to-date period, FSCC achieves a 17.26% return, which is significantly lower than RUSC's 20.77% return.

FSCC

• 1D: -0.79%
• 1M: -3.22%
• 6M: 12.18%
• YTD: 17.26%
• 1Y: 36.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.53%

RUSC

• 1D: -0.21%
• 1M: -2.10%
• 6M: 14.71%
• YTD: 20.77%
• 1Y: 37.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 32.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSCC Federated Hermes MDT Small Cap Core ETF	$1.26M	$1.39M	$1.94M
RUSC U.S. Small Cap Equity Active ETF	$288.67K	$289.35K	$509.97K

FSCC vs. RUSC - Yearly Performance Comparison

	2026 (YTD)	2025
FSCC Federated Hermes MDT Small Cap Core ETF	17.26%	19.65%
RUSC U.S. Small Cap Equity Active ETF	20.77%	16.87%

Correlation

The correlation between FSCC and RUSC is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (All Time) Calculated using the full available price history since May 14, 2025	0.96

The correlation between FSCC and RUSC has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

Return for Risk

FSCC vs. RUSC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSCC

FSCC Risk / Return Rank: 76
FSCC Sharpe Ratio Rank: 74
FSCC Sortino Ratio Rank: 75
FSCC Omega Ratio Rank: 69
FSCC Calmar Ratio Rank: 81
FSCC Martin Ratio Rank: 79

RUSC

RUSC Risk / Return Rank: 84
RUSC Sharpe Ratio Rank: 81
RUSC Sortino Ratio Rank: 83
RUSC Omega Ratio Rank: 78
RUSC Calmar Ratio Rank: 90
RUSC Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSCC vs. RUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Small Cap Core ETF (FSCC) and U.S. Small Cap Equity Active ETF (RUSC). 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.

	FSCC	RUSC	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.89	-0.19
Sortino ratio: Return per unit of downside risk	2.43	2.73	-0.29
Omega ratio: Gain probability vs. loss probability	1.29	1.33	-0.04
Calmar ratio: Return relative to maximum drawdown	3.00	3.80	-0.80
Martin ratio: Return relative to average drawdown	10.35	13.21	-2.86

FSCC vs. RUSC - Sharpe Ratio Comparison

The current FSCC Sharpe Ratio is 1.70, which is comparable to the RUSC Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FSCC and RUSC, 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

FSCC vs. RUSC - Drawdown Comparison

The maximum FSCC drawdown since its inception was -27.17%, which is greater than RUSC's maximum drawdown of -9.18%. Use the drawdown chart below to compare losses from any high point for FSCC and RUSC.

Drawdown Indicators

	FSCC	RUSC	Difference
Max Drawdown Largest peak-to-trough decline	-27.17%	-9.18%	-17.99%
Max Drawdown (1Y) Largest decline over 1 year	-11.07%	-9.18%	-1.89%
Current Drawdown Current decline from peak	-5.73%	-3.74%	-1.99%
Average Drawdown Average peak-to-trough decline	-4.98%	-1.74%	-3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	2.64%	+0.57%

Volatility

FSCC vs. RUSC - Volatility Comparison

Federated Hermes MDT Small Cap Core ETF (FSCC) has a higher volatility of 4.48% compared to U.S. Small Cap Equity Active ETF (RUSC) at 4.10%. This indicates that FSCC's price experiences larger fluctuations and is considered to be riskier than RUSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSCC	RUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	4.10%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	14.39%	13.57%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	19.56%	18.47%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.03%	17.96%	+4.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.03%	17.96%	+4.07%

FSCC vs. RUSC - Expense Ratio Comparison

FSCC has a 0.36% expense ratio, which is lower than RUSC's 0.64% expense ratio.

Dividends

FSCC vs. RUSC - Dividend Comparison

FSCC's dividend yield for the trailing twelve months is around 0.23%, less than RUSC's 0.32% yield.

Position	TTM	2025	2024
FSCC Federated Hermes MDT Small Cap Core ETF	0.23%	0.27%	0.16%
RUSC U.S. Small Cap Equity Active ETF	0.32%	0.38%	0.00%

Frequently Asked Questions

Can I hold both FSCC and RUSC in my portfolio?

With a correlation of 0.96, FSCC and RUSC 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, FSCC or RUSC?

FSCC has higher volatility (4.48%) compared to RUSC (4.10%). In terms of maximum drawdown, FSCC dropped -27.17% vs RUSC's -9.18%.

Which ETF is better, FSCC or RUSC?

On 1-year performance, RUSC leads with 37.10% vs 36.31% for FSCC. On fees, FSCC is cheaper at 0.36% per year. On volatility, RUSC has been the lower-risk option at 4.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSCC or RUSC?

Over the 1-year period, RUSC has performed better with a 37.10% return vs 36.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSCC or RUSC?

FSCC is cheaper with a 0.36% expense ratio, compared with 0.64% for RUSC.

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

RUSC has the higher dividend yield at 0.32%, compared with 0.23% for FSCC.

What is the main difference between FSCC and RUSC?

They also come from different issuers: Federated and Russell. Their fees differ too: 0.36% for FSCC and 0.64% for RUSC.

Which has better risk-adjusted returns?

RUSC currently has the higher Sharpe Ratio (1.89 vs 1.70), 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.