BKCG vs. SPIT

Last updated Jul 17, 2026

BKCG (BNY Mellon Concentrated Growth ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.67 correlation means they provide meaningful diversification when combined. BKCG charges 0.50%/yr vs 0.89%/yr for SPIT.

Performance

BKCG vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Concentrated Growth ETF (BKCG) and F/m Emerald Special Situations ETF (SPIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKCG achieves a 5.35% return, which is significantly lower than SPIT's 25.12% return.

BKCG

• 1D: -0.52%
• 1M: 1.64%
• 6M: 3.90%
• YTD: 5.35%
• 1Y: 11.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPIT

• 1D: -1.56%
• 1M: -1.75%
• 6M: 14.70%
• YTD: 25.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKCG vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
BKCG BNY Mellon Concentrated Growth ETF	5.35%	1.60%
SPIT F/m Emerald Special Situations ETF	25.12%	5.31%

Correlation

The correlation between BKCG and SPIT is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.67

Return for Risk

BKCG vs. SPIT — Risk / Return Rank

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

BKCG

BKCG Risk / Return Rank: 27
BKCG Sharpe Ratio Rank: 28
BKCG Sortino Ratio Rank: 26
BKCG Omega Ratio Rank: 26
BKCG Calmar Ratio Rank: 25
BKCG Martin Ratio Rank: 31

SPIT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BKCG vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Concentrated Growth ETF (BKCG) and F/m Emerald Special Situations ETF (SPIT). 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.

	BKCG	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	0.84	—	—
Sortino ratio: Return per unit of downside risk	1.22	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.96	—	—
Martin ratio: Return relative to average drawdown	3.64	—	—

Drawdowns

BKCG vs. SPIT - Drawdown Comparison

The maximum BKCG drawdown since its inception was -12.12%, roughly equal to the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for BKCG and SPIT.

Drawdown Indicators

	BKCG	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-12.12%	-12.49%	+0.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	—	—
Current Drawdown Current decline from peak	-0.84%	-7.05%	+6.21%
Average Drawdown Average peak-to-trough decline	-2.06%	-2.56%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	—	—

Volatility

Volatility by Period

	BKCG	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	26.27%	-12.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	26.27%	-8.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	26.27%	-8.37%

BKCG vs. SPIT - Expense Ratio Comparison

BKCG has a 0.50% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

BKCG vs. SPIT - Dividend Comparison

BKCG's dividend yield for the trailing twelve months is around 0.61%, less than SPIT's 5.74% yield.

Position	TTM	2025
BKCG BNY Mellon Concentrated Growth ETF	0.61%	0.45%
SPIT F/m Emerald Special Situations ETF	5.74%	7.18%

Frequently Asked Questions

Can I hold both BKCG and SPIT in my portfolio?

BKCG and SPIT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKCG or SPIT?

On fees, BKCG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKCG or SPIT?

BKCG is cheaper with a 0.50% expense ratio, compared with 0.89% for SPIT.

Which ETF pays a higher dividend yield, BKCG or SPIT?

SPIT has the higher dividend yield at 5.74%, compared with 0.61% for BKCG.

What is the main difference between BKCG and SPIT?

They also come from different issuers: BNY Mellon and F/m Investments. Their fees differ too: 0.50% for BKCG and 0.89% for SPIT.