GARY vs. SPIT

Last updated Jul 17, 2026

GARY (Mango Growth ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. GARY charges 0.77%/yr vs 0.89%/yr for SPIT.

Performance

GARY vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mango Growth ETF (GARY) 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, GARY achieves a 29.46% return, which is significantly higher than SPIT's 25.12% return.

GARY

• 1D: -1.27%
• 1M: -0.99%
• 6M: 21.92%
• YTD: 29.46%
• 1Y: —
• 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)

GARY vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
GARY Mango Growth ETF	29.46%	0.15%
SPIT F/m Emerald Special Situations ETF	25.12%	0.30%

Correlation

The correlation between GARY and SPIT is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.80

Return for Risk

GARY vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mango Growth ETF (GARY) 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

GARY vs. SPIT - Drawdown Comparison

The maximum GARY drawdown since its inception was -10.28%, smaller than the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for GARY and SPIT.

Drawdown Indicators

	GARY	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-10.28%	-12.49%	+2.21%
Current Drawdown Current decline from peak	-5.64%	-7.05%	+1.41%
Average Drawdown Average peak-to-trough decline	-1.93%	-2.56%	+0.63%

Volatility

Volatility by Period

	GARY	SPIT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.74%	26.27%	-4.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.74%	26.27%	-4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.74%	26.27%	-4.53%

GARY vs. SPIT - Expense Ratio Comparison

GARY has a 0.77% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

GARY vs. SPIT - Dividend Comparison

GARY's dividend yield for the trailing twelve months is around 0.04%, less than SPIT's 5.74% yield.

Position	TTM	2025
GARY Mango Growth ETF	0.04%	0.05%
SPIT F/m Emerald Special Situations ETF	5.74%	7.18%

Frequently Asked Questions

Can I hold both GARY and SPIT in my portfolio?

GARY and SPIT have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GARY or SPIT?

On fees, GARY is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GARY or SPIT?

GARY is cheaper with a 0.77% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.74%, compared with 0.04% for GARY.

What is the main difference between GARY and SPIT?

They also come from different issuers: Mango and F/m Investments. Their fees differ too: 0.77% for GARY and 0.89% for SPIT.