SPIT vs SPY
F/m Emerald Special Situations ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPIT delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPIT | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.89% | 0.09% | |
| AUM | $34M | $814.4B | |
| Dividend Yield | 5.78% | 1.01% | |
| Holdings | 50 | 505 | |
| YTD Return | +18.34% | +12.10% | |
| 1Y Return | +27.08% | +20.30% | |
| 3Y Return (annualized) | - | +20.82% | |
| 5Y Return (annualized) | - | +12.53% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -12.5% | -56.5% | |
| Fund Family | F-m investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 6, 2025 | Jan 22, 1993 |
SPIT vs SPY Performance
F/m Emerald Special Situations ETF (SPIT) is a ETF from F-m investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SPIT returned +27.08% while SPY returned +20.30%. Year to date, SPIT is up 18.34% versus a gain of 12.10% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -12.5% for SPIT and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
SPIT charges 0.89% per year while SPY charges 0.09%. On a $10,000 position that is $89 vs $9 annually, a gap of $80 per year that compounds over a long holding period. On income, SPIT currently yields 5.78% against 1.01% for SPY.
Holdings Overlap
SPIT and SPY share 8 holdings out of 544 unique holdings combined, representing a 8.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPIT or SPY?
SPIT has an expense ratio of 0.89% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, SPIT or SPY?
Over the past year SPIT returned +27.08% vs +20.30% for SPY, so SPIT leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between SPIT and SPY?
SPIT and SPY share 8 common holdings with a 8.0% weight overlap. Combined, they hold 544 unique securities.
Which pays a higher dividend, SPIT or SPY?
SPIT yields 5.78% while SPY yields 1.01%, so SPIT currently pays the higher dividend yield.
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