FMCX vs. SPCT
FMCX (FMC Excelsior Focus Equity ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their 0.39 correlation means their historical movements had little consistent relationship. FMCX charges 0.70%/yr vs 0.85%/yr for SPCT.
Performance
FMCX vs. SPCT - Performance Comparison
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Returns By Period
In the year-to-date period, FMCX achieves a 5.31% return, which is significantly lower than SPCT's 10.25% return.
FMCX
- 1D
- 1.75%
- 1M
- -2.27%
- 6M
- 4.73%
- YTD
- 5.31%
- 1Y
- 8.77%
- 3Y*
- 13.63%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.19%
SPCT
- 1D
- 0.21%
- 1M
- 1.34%
- 6M
- 5.95%
- YTD
- 10.25%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.95K | $4.71K | $31.84K | |
| $159.06K | $187.55K | $230.72K |
FMCX vs. SPCT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FMCX FMC Excelsior Focus Equity ETF | 5.31% | -1.66% |
SPCT Liberty One Spectrum ETF | 10.25% | 1.93% |
Correlation
The correlation between FMCX and SPCT is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.39 |
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Return for Risk
FMCX vs. SPCT — Risk / Return Rank
FMCX
SPCT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FMCX vs. SPCT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FMC Excelsior Focus Equity ETF (FMCX) and Liberty One Spectrum ETF (SPCT). 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.
| FMCX | SPCT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.10 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | — | — |
| Martin ratioReturn relative to average drawdown | 2.04 | — | — |
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Drawdowns
FMCX vs. SPCT - Drawdown Comparison
The maximum FMCX drawdown since its inception was -17.70%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for FMCX and SPCT.
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Drawdown Indicators
| FMCX | SPCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.70% | -7.17% | -10.53% |
Max Drawdown (1Y)Largest decline over 1 year | -12.59% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.70% | — | — |
Current DrawdownCurrent decline from peak | -2.80% | -1.49% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -1.44% | -2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | — | — |
Volatility
FMCX vs. SPCT - Volatility Comparison
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Volatility by Period
| FMCX | SPCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.29% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 9.38% | +4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.19% | 9.38% | +6.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 9.38% | +6.81% |
FMCX vs. SPCT - Expense Ratio Comparison
FMCX has a 0.70% expense ratio, which is lower than SPCT's 0.85% expense ratio.
Dividends
FMCX vs. SPCT - Dividend Comparison
FMCX's dividend yield for the trailing twelve months is around 0.29%, less than SPCT's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FMCX FMC Excelsior Focus Equity ETF | 0.29% | 0.35% | 2.12% | 1.34% | 1.19% |
SPCT Liberty One Spectrum ETF | 0.77% | 0.16% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FMCX and SPCT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FMCX is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FMCX is cheaper with a 0.70% expense ratio, compared with 0.85% for SPCT.
SPCT has the higher dividend yield at 0.77%, compared with 0.29% for FMCX.
They also come from different issuers: First Manhattan and Liberty One. Their fees differ too: 0.70% for FMCX and 0.85% for SPCT.
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