SCDS vs. DES

Last updated Jun 23, 2026

SCDS (JPMorgan Fundamental Data Science Small Core ETF) and DES (WisdomTree U.S. SmallCap Dividend Fund) are both Small Cap Blend Equities funds. SCDS is actively managed, while DES is passively managed. Over the past year, SCDS returned 48.53% vs 30.08% for DES. Their correlation of 0.87 suggests significant overlap in exposure. SCDS charges 0.40%/yr vs 0.38%/yr for DES.

Performance

SCDS vs. DES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Fundamental Data Science Small Core ETF (SCDS) and WisdomTree U.S. SmallCap Dividend Fund (DES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCDS achieves a 27.90% return, which is significantly higher than DES's 18.52% return.

SCDS

• 1D: 1.07%
• 1M: 5.98%
• YTD: 27.90%
• 6M: 24.54%
• 1Y: 48.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DES

• 1D: -0.13%
• 1M: 2.56%
• YTD: 18.52%
• 6M: 16.64%
• 1Y: 30.08%
• 3Y*: 15.54%
• 5Y*: 7.29%
• 10Y*: 8.48%

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

SCDS vs. DES - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCDS JPMorgan Fundamental Data Science Small Core ETF	27.90%	11.27%	7.26%
DES WisdomTree U.S. SmallCap Dividend Fund	18.52%	0.25%	9.51%

Correlation

The correlation between SCDS and DES 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 Aug 8, 2024	0.87

The correlation between SCDS and DES has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

SCDS vs. DES - Sectors Allocation Comparison

Sectors	SCDS	DES
Technology	23.8%	6.0%
Industrials	16.3%	13.4%
Financial Services	15.2%	24.8%
Healthcare	13.8%	2.0%
Consumer Cyclical	10.3%	16.0%
Real Estate	5.4%	10.1%
Energy	4.8%	10.2%
Basic Materials	3.2%	6.3%
Consumer Defensive	2.5%	4.1%
Communication Services	2.4%	2.8%
Utilities	2.3%	4.2%

Return for Risk

SCDS vs. DES — Risk / Return Rank

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

SCDS

SCDS Risk / Return Rank: 85
SCDS Sharpe Ratio Rank: 84
SCDS Sortino Ratio Rank: 85
SCDS Omega Ratio Rank: 77
SCDS Calmar Ratio Rank: 91
SCDS Martin Ratio Rank: 89

DES

DES Risk / Return Rank: 62
DES Sharpe Ratio Rank: 56
DES Sortino Ratio Rank: 60
DES Omega Ratio Rank: 53
DES Calmar Ratio Rank: 79
DES Martin Ratio Rank: 64

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.

SCDS vs. DES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Fundamental Data Science Small Core ETF (SCDS) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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.

	SCDS	DES	Difference
Sharpe ratio: Return per unit of total volatility	2.62	1.84	+0.78
Sortino ratio: Return per unit of downside risk	3.60	2.73	+0.87
Omega ratio: Gain probability vs. loss probability	1.44	1.32	+0.11
Calmar ratio: Return relative to maximum drawdown	5.51	3.95	+1.55
Martin ratio: Return relative to average drawdown	19.13	11.33	+7.81

SCDS vs. DES - Sharpe Ratio Comparison

The current SCDS Sharpe Ratio is 2.62, which is higher than the DES Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SCDS and DES, 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

SCDS vs. DES - Drawdown Comparison

The maximum SCDS drawdown since its inception was -26.71%, smaller than the maximum DES drawdown of -65.48%. Use the drawdown chart below to compare losses from any high point for SCDS and DES.

Drawdown Indicators

	SCDS	DES	Difference
Max Drawdown Largest peak-to-trough decline	-26.71%	-65.48%	+38.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-7.64%	-1.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.16%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.65%	—
Current Drawdown Current decline from peak	0.00%	-1.62%	+1.62%
Average Drawdown Average peak-to-trough decline	-5.16%	-9.66%	+4.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	2.66%	-0.12%

Volatility

SCDS vs. DES - Volatility Comparison

JPMorgan Fundamental Data Science Small Core ETF (SCDS) has a higher volatility of 6.04% compared to WisdomTree U.S. SmallCap Dividend Fund (DES) at 3.92%. This indicates that SCDS's price experiences larger fluctuations and is considered to be riskier than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCDS	DES	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	3.92%	+2.12%
Volatility (6M) Calculated over the trailing 6-month period	13.57%	11.11%	+2.46%
Volatility (1Y) Calculated over the trailing 1-year period	18.67%	16.48%	+2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.26%	19.51%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.26%	21.98%	-0.72%

SCDS vs. DES - Expense Ratio Comparison

SCDS has a 0.40% expense ratio, which is higher than DES's 0.38% expense ratio.

Dividends

SCDS vs. DES - Dividend Comparison

SCDS's dividend yield for the trailing twelve months is around 0.88%, less than DES's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DES WisdomTree U.S. SmallCap Dividend Fund	2.33%	2.85%	2.81%	2.65%	2.89%	2.31%	2.75%	2.68%	3.65%	2.89%	2.70%	3.09%
SCDS JPMorgan Fundamental Data Science Small Core ETF	0.88%	1.15%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCDS and DES in my portfolio?

SCDS and DES 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, SCDS or DES?

SCDS has higher volatility (6.04%) compared to DES (3.92%). In terms of maximum drawdown, SCDS dropped -26.71% vs DES's -65.48%.

Which ETF is better, SCDS or DES?

On 1-year performance, SCDS leads with 48.53% vs 30.08% for DES. On fees, DES is cheaper at 0.38% per year. On volatility, DES has been the lower-risk option at 3.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCDS or DES?

Over the 1-year period, SCDS has performed better with a 48.53% return vs 30.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCDS or DES?

DES is cheaper with a 0.38% expense ratio, compared with 0.40% for SCDS.

Which ETF pays a higher dividend yield, SCDS or DES?

DES has the higher dividend yield at 2.33%, compared with 0.88% for SCDS.

What is the main difference between SCDS and DES?

They also come from different issuers: JPMorgan and WisdomTree. Their fees differ too: 0.40% for SCDS and 0.38% for DES.

Which has better risk-adjusted returns?

SCDS currently has the higher Sharpe Ratio (2.62 vs 1.84), 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.