IVW vs. SPIT
IVW (iShares S&P 500 Growth ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. IVW is passively managed, while SPIT is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. IVW charges 0.18%/yr vs 0.89%/yr for SPIT.
Performance
IVW vs. SPIT - Performance Comparison
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Returns By Period
In the year-to-date period, IVW achieves a 10.91% return, which is significantly lower than SPIT's 27.30% return.
IVW
- 1D
- -1.54%
- 1M
- 1.18%
- 6M
- 9.29%
- YTD
- 10.91%
- 1Y
- 23.77%
- 3Y*
- 24.88%
- 5Y*
- 13.45%
- 10Y*
- 17.45%
SPIT
- 1D
- -1.91%
- 1M
- 0.33%
- 6M
- 18.89%
- YTD
- 27.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IVW vs. SPIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IVW iShares S&P 500 Growth ETF | 10.91% | 1.93% |
SPIT F/m Emerald Special Situations ETF | 27.30% | 5.31% |
Correlation
The correlation between IVW and SPIT is 0.76, 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 | 0.76 |
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Return for Risk
IVW vs. SPIT — Risk / Return Rank
IVW
SPIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IVW vs. SPIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Growth ETF (IVW) 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.
| IVW | SPIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | — | — |
| Martin ratioReturn relative to average drawdown | 6.65 | — | — |
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Drawdowns
IVW vs. SPIT - Drawdown Comparison
The maximum IVW drawdown since its inception was -57.33%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for IVW and SPIT.
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Drawdown Indicators
| IVW | SPIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.33% | -12.49% | -44.84% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.72% | — | — |
Current DrawdownCurrent decline from peak | -3.53% | -5.43% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -2.51% | -15.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | — | — |
Volatility
IVW vs. SPIT - Volatility Comparison
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Volatility by Period
| IVW | SPIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.39% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.19% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 26.39% | -9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.40% | 26.39% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.70% | 26.39% | -5.69% |
IVW vs. SPIT - Expense Ratio Comparison
IVW has a 0.18% expense ratio, which is lower than SPIT's 0.89% expense ratio.
Dividends
IVW vs. SPIT - Dividend Comparison
IVW's dividend yield for the trailing twelve months is around 0.36%, less than SPIT's 5.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVW iShares S&P 500 Growth ETF | 0.36% | 0.40% | 0.43% | 1.03% | 0.92% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% |
SPIT F/m Emerald Special Situations ETF | 5.64% | 7.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IVW and SPIT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IVW is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IVW is cheaper with a 0.18% expense ratio, compared with 0.89% for SPIT.
SPIT has the higher dividend yield at 5.64%, compared with 0.36% for IVW.
They also come from different issuers: iShares and F/m Investments. Their fees differ too: 0.18% for IVW and 0.89% for SPIT.
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