FITZ vs. SPIT

Last updated Jul 18, 2026

FITZ (Fitz-Gerald Must Have Portfolio ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. FITZ charges 0.75%/yr vs 0.89%/yr for SPIT.

Performance

FITZ vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fitz-Gerald Must Have Portfolio ETF (FITZ) and F/m Emerald Special Situations ETF (SPIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FITZ

• 1D: -0.47%
• 1M: 1.39%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPIT

• 1D: -0.15%
• 1M: -2.16%
• 6M: 13.90%
• YTD: 24.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FITZ vs. SPIT - Yearly Performance Comparison

	2026 (YTD)
FITZ Fitz-Gerald Must Have Portfolio ETF	-2.34%
SPIT F/m Emerald Special Situations ETF	-0.28%

Correlation

The correlation between FITZ and SPIT is 0.68, 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 May 28, 2026	0.68

Return for Risk

FITZ vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fitz-Gerald Must Have Portfolio ETF (FITZ) 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.

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

Drawdowns

FITZ vs. SPIT - Drawdown Comparison

The maximum FITZ drawdown since its inception was -7.37%, smaller than the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for FITZ and SPIT.

Drawdown Indicators

	FITZ	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-7.37%	-12.49%	+5.12%
Current Drawdown Current decline from peak	-3.72%	-7.19%	+3.47%
Average Drawdown Average peak-to-trough decline	-3.89%	-2.59%	-1.30%

Volatility

Volatility by Period

	FITZ	SPIT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.38%	26.21%	-10.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	26.21%	-10.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	26.21%	-10.83%

FITZ vs. SPIT - Expense Ratio Comparison

FITZ has a 0.75% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

FITZ vs. SPIT - Dividend Comparison

FITZ has not paid dividends to shareholders, while SPIT's dividend yield for the trailing twelve months is around 5.75%.

Position	TTM	2025
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.75%	7.18%

Frequently Asked Questions

Can I hold both FITZ and SPIT in my portfolio?

FITZ and SPIT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FITZ or SPIT?

On fees, FITZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FITZ or SPIT?

FITZ is cheaper with a 0.75% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.75%, compared with 0.00% for FITZ.

What is the main difference between FITZ and SPIT?

They also come from different issuers: Nicholas and F/m Investments. Their fees differ too: 0.75% for FITZ and 0.89% for SPIT.