PAYR vs. FSCC
PAYR (Federated Hermes Enhanced Income ETF) and FSCC (Federated Hermes MDT Small Cap Core ETF) are both exchange-traded funds - PAYR is a Derivative Income fund actively managed by Federated, while FSCC is a Small Cap Blend Equities fund actively managed by Federated. Both are actively managed. Their 0.18 correlation means their historical movements had little consistent relationship. PAYR charges 0.40%/yr vs 0.36%/yr for FSCC.
Performance
PAYR vs. FSCC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PAYR achieves a 15.39% return, which is significantly lower than FSCC's 19.06% return.
PAYR
- 1D
- -0.17%
- 1M
- 1.96%
- 6M
- 9.58%
- YTD
- 15.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FSCC
- 1D
- 1.53%
- 1M
- -1.73%
- 6M
- 12.71%
- YTD
- 19.06%
- 1Y
- 38.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.55M | $1.60M | $2.07M | |
| $817.86K | $1.10M | $683.22K |
PAYR vs. FSCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PAYR Federated Hermes Enhanced Income ETF | 15.39% | 3.30% |
FSCC Federated Hermes MDT Small Cap Core ETF | 19.06% | 2.13% |
Correlation
The correlation between PAYR and FSCC is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 8, 2025 | 0.18 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PAYR vs. FSCC — Risk / Return Rank
PAYR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FSCC
PAYR vs. FSCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Enhanced Income ETF (PAYR) 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.
| PAYR | FSCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.49 | — |
| Martin ratioReturn relative to average drawdown | — | 11.98 | — |
Loading charts...
Drawdowns
PAYR vs. FSCC - Drawdown Comparison
The maximum PAYR drawdown since its inception was -5.24%, smaller than the maximum FSCC drawdown of -27.17%. Use the drawdown chart below to compare losses from any high point for PAYR and FSCC.
Loading charts...
Drawdown Indicators
| PAYR | FSCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.24% | -27.17% | +21.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.07% | — |
Current DrawdownCurrent decline from peak | -1.71% | -4.29% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -4.98% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.21% | — |
Volatility
PAYR vs. FSCC - Volatility Comparison
Loading charts...
Volatility by Period
| PAYR | FSCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.47% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.15% | 19.46% | -8.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.15% | 22.03% | -10.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.15% | 22.03% | -10.88% |
PAYR vs. FSCC - Expense Ratio Comparison
PAYR has a 0.40% expense ratio, which is higher than FSCC's 0.36% expense ratio.
Dividends
PAYR vs. FSCC - Dividend Comparison
PAYR's dividend yield for the trailing twelve months is around 6.56%, more than FSCC's 0.23% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FSCC Federated Hermes MDT Small Cap Core ETF | 0.23% | 0.27% | 0.16% |
PAYR Federated Hermes Enhanced Income ETF | 6.56% | 1.99% | 0.00% |
Frequently Asked Questions
PAYR and FSCC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FSCC is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FSCC is cheaper with a 0.36% expense ratio, compared with 0.40% for PAYR.
PAYR has the higher dividend yield at 6.56%, compared with 0.23% for FSCC.
PAYR is categorized as Derivative Income, while FSCC is Small Cap Blend Equities. Their fees differ too: 0.40% for PAYR and 0.36% for FSCC.
Find the right allocation for PAYR and FSCC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer