LFSC vs. SPIT

Last updated Jun 23, 2026

LFSC (F/m Emerald Life Sciences Innovation ETF) and SPIT (F/m Emerald Special Situations ETF) are both exchange-traded funds - LFSC is a Health & Biotech Equities fund actively managed by F/m Investments, while SPIT is a Large Cap Growth Equities fund actively managed by F/m Investments. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. LFSC charges 0.54%/yr vs 0.89%/yr for SPIT.

Performance

LFSC vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Emerald Life Sciences Innovation ETF (LFSC) 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, LFSC achieves a 15.76% return, which is significantly lower than SPIT's 30.41% return.

LFSC

• 1D: 2.09%
• 1M: 10.64%
• YTD: 15.76%
• 6M: 8.23%
• 1Y: 75.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPIT

• 1D: -0.18%
• 1M: 4.82%
• YTD: 30.41%
• 6M: 28.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFSC vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
LFSC F/m Emerald Life Sciences Innovation ETF	15.76%	21.85%
SPIT F/m Emerald Special Situations ETF	30.41%	5.31%

Correlation

The correlation between LFSC and SPIT is 0.65, 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	0.65

Return for Risk

LFSC vs. SPIT — Risk / Return Rank

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

LFSC

LFSC Risk / Return Rank: 83
LFSC Sharpe Ratio Rank: 89
LFSC Sortino Ratio Rank: 87
LFSC Omega Ratio Rank: 79
LFSC Calmar Ratio Rank: 86
LFSC Martin Ratio Rank: 72

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.

LFSC vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Life Sciences Innovation ETF (LFSC) 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.

	LFSC	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	2.85	—	—
Sortino ratio: Return per unit of downside risk	3.78	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	4.65	—	—
Martin ratio: Return relative to average drawdown	12.98	—	—

Drawdowns

LFSC vs. SPIT - Drawdown Comparison

The maximum LFSC drawdown since its inception was -29.74%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for LFSC and SPIT.

Drawdown Indicators

	LFSC	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-29.74%	-12.49%	-17.25%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	—	—
Current Drawdown Current decline from peak	0.00%	-0.18%	+0.18%
Average Drawdown Average peak-to-trough decline	-7.60%	-2.55%	-5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.81%	—	—

Volatility

Volatility by Period

	LFSC	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.61%	26.60%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.93%	26.60%	+2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.93%	26.60%	+2.33%

LFSC vs. SPIT - Expense Ratio Comparison

LFSC has a 0.54% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

LFSC vs. SPIT - Dividend Comparison

LFSC has not paid dividends to shareholders, while SPIT's dividend yield for the trailing twelve months is around 5.51%.

Position	TTM	2025
LFSC F/m Emerald Life Sciences Innovation ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.51%	7.18%

Frequently Asked Questions

Can I hold both LFSC and SPIT in my portfolio?

LFSC and SPIT have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LFSC or SPIT?

On fees, LFSC is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LFSC or SPIT?

LFSC is cheaper with a 0.54% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.51%, compared with 0.00% for LFSC.

What is the main difference between LFSC and SPIT?

LFSC is categorized as Health & Biotech Equities, while SPIT is Large Cap Growth Equities. Their fees differ too: 0.54% for LFSC and 0.89% for SPIT.