LRGG vs. SPIT

Last updated Aug 2, 2026

LRGG (Nomura Focused Large Growth ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their 0.45 correlation means their historical movements had little consistent relationship. LRGG charges 0.45%/yr vs 0.89%/yr for SPIT.

Performance

LRGG vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nomura Focused Large Growth ETF (LRGG) 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, LRGG achieves a -2.31% return, which is significantly lower than SPIT's 24.45% return.

LRGG

• 1D: 1.46%
• 1M: 2.40%
• 6M: 1.42%
• YTD: -2.31%
• 1Y: -0.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.52%

SPIT

• 1D: 0.51%
• 1M: -5.03%
• 6M: 16.23%
• YTD: 24.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LRGG Nomura Focused Large Growth ETF	$839.09K	$820.26K	$1.43M
SPIT F/m Emerald Special Situations ETF	$242.68K	$282.09K	$201.11K

LRGG vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
LRGG Nomura Focused Large Growth ETF	-2.31%	-1.67%
SPIT F/m Emerald Special Situations ETF	24.45%	5.31%

Correlation

The correlation between LRGG and SPIT is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.45

Return for Risk

LRGG vs. SPIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LRGG

LRGG Risk / Return Rank: 8
LRGG Sharpe Ratio Rank: 8
LRGG Sortino Ratio Rank: 8
LRGG Omega Ratio Rank: 8
LRGG Calmar Ratio Rank: 9
LRGG Martin Ratio Rank: 9

SPIT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LRGG vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nomura Focused Large Growth ETF (LRGG) 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.

	LRGG	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	—	—
Sortino ratio: Return per unit of downside risk	-0.14	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.14	—	—
Martin ratio: Return relative to average drawdown	-0.34	—	—

Drawdowns

LRGG vs. SPIT - Drawdown Comparison

The maximum LRGG drawdown since its inception was -18.94%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for LRGG and SPIT.

Drawdown Indicators

	LRGG	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-18.94%	-12.49%	-6.45%
Max Drawdown (1Y) Largest decline over 1 year	-18.94%	—	—
Current Drawdown Current decline from peak	-5.49%	-7.55%	+2.06%
Average Drawdown Average peak-to-trough decline	-4.57%	-2.85%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.93%	—	—

Volatility

Volatility by Period

	LRGG	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.01%	26.59%	-11.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.74%	26.59%	-9.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	26.59%	-9.85%

LRGG vs. SPIT - Expense Ratio Comparison

LRGG has a 0.45% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

LRGG vs. SPIT - Dividend Comparison

LRGG's dividend yield for the trailing twelve months is around 0.16%, less than SPIT's 5.77% yield.

Position	TTM	2025	2024
LRGG Nomura Focused Large Growth ETF	0.16%	0.16%	0.13%
SPIT F/m Emerald Special Situations ETF	5.77%	7.18%	0.00%

Frequently Asked Questions

Can I hold both LRGG and SPIT in my portfolio?

LRGG and SPIT have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LRGG or SPIT?

On fees, LRGG is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LRGG or SPIT?

LRGG is cheaper with a 0.45% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.77%, compared with 0.16% for LRGG.

What is the main difference between LRGG and SPIT?

They also come from different issuers: Nomura and F/m. Their fees differ too: 0.45% for LRGG and 0.89% for SPIT.