SystemModStamp and LastModifiedDate are system fields with similar behavior, but slightly different properties. To help your application scale and perform with large data volumes, it is important to understand the performance implications of choosing one field over the other as you use them in your SOQL filters.
The following queries will perform well, as long as the filters meet the selectivity threshold because the query optimizer will utilize the index on SystemModStamp:
1 | Select Id, Name from Account where LastModifiedDate > 2014-11-08T00:00:00Z |
1 | Select Id, Name from Account where LastModifiedDate = CustomDate__c |
1 | Select Id, Name from Account where LastModifiedDate < CutoffDate__c |
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