The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. 0.36% expense ratio, $55M AUM, 10 holdings, inception 2024.
Federated Hermes MDT Small Cap Core ETF (FSCC) ETF — Price, Holdings & Analysis
The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. 0.36% expense ratio, $55M AUM, 10 holdings, inception 2024.
ETF Overview
The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in small companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.
The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in small companies. Federated Hermes MDT Small Cap Core ETF provides exposure to the equity market. The portfolio is concentrated with 10 holdings. Sector allocation is spread across 11 sectors, with Industrials as the largest at 19.5%.
Risk Metrics
Federated Hermes MDT Small Cap Core ETF holds only 10 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market.
What is Federated Hermes MDT Small Cap Core ETF (FSCC)?
The fund seeks to achieve its objective by investing primarily in the common stock of small-capitalization (small-cap) U.S. companies. It holds 10 securities. With $55M in assets under management, it is a funds in its category.
What is the expense ratio for FSCC?
Federated Hermes MDT Small Cap Core ETF has an expense ratio of 0.36%, which is considered moderate for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $36. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in FSCC?
The three largest positions in Federated Hermes MDT Small Cap Core ETF are American Healthcare REIT Inc Ordinary Shares (AHR, 2.6%), Primoris Services Corp (PRIM, 1.7%), Mirum Pharmaceuticals Inc (MIRM, 1.3%). Together these top three holdings represent 5.6% of the fund, out of 10 total positions. The fund is relatively diversified across its holdings.
What sectors does FSCC invest in?
Federated Hermes MDT Small Cap Core ETF allocates across 11 sectors. The largest sector exposures are Industrials (19.5%), Healthcare (18.4%), Financial Services (17.1%). The sector allocation provides broad market exposure across multiple industries.
How long has FSCC been around?
Federated Hermes MDT Small Cap Core ETF was launched in 2024, making it 2 years old. It is a relatively newer fund with a shorter track record. It is managed by Federated Hermes.