MBCE vs. SPIT

Last updated Jul 15, 2026

MBCE (Monarch Blue Chips Elite Index ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. MBCE is passively managed, while SPIT is actively managed. Their correlation of 0.86 suggests significant overlap in exposure. MBCE charges 1.14%/yr vs 0.89%/yr for SPIT.

Performance

MBCE vs. SPIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monarch Blue Chips Elite Index ETF (MBCE) and F/m Emerald Special Situations ETF (SPIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MBCE

• 1D: 1.38%
• 1M: 0.54%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPIT

• 1D: 0.41%
• 1M: 0.75%
• 6M: 18.85%
• YTD: 27.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MBCE vs. SPIT - Yearly Performance Comparison

	2026 (YTD)
MBCE Monarch Blue Chips Elite Index ETF	-0.76%
SPIT F/m Emerald Special Situations ETF	0.13%

Correlation

The correlation between MBCE and SPIT is 0.86, 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 Jun 3, 2026	0.86

Return for Risk

MBCE vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monarch Blue Chips Elite Index ETF (MBCE) 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

MBCE vs. SPIT - Drawdown Comparison

The maximum MBCE drawdown since its inception was -7.15%, smaller than the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for MBCE and SPIT.

Drawdown Indicators

	MBCE	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-7.15%	-12.49%	+5.34%
Current Drawdown Current decline from peak	-5.70%	-5.04%	-0.66%
Average Drawdown Average peak-to-trough decline	-3.47%	-2.52%	-0.95%

Volatility

Volatility by Period

	MBCE	SPIT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	26.32%	+16.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	26.32%	+16.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	26.32%	+16.58%

MBCE vs. SPIT - Expense Ratio Comparison

MBCE has a 1.14% expense ratio, which is higher than SPIT's 0.89% expense ratio.

Dividends

MBCE vs. SPIT - Dividend Comparison

MBCE has not paid dividends to shareholders, while SPIT's dividend yield for the trailing twelve months is around 5.62%.

Position	TTM	2025
MBCE Monarch Blue Chips Elite Index ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.62%	7.18%

Frequently Asked Questions

Can I hold both MBCE and SPIT in my portfolio?

MBCE and SPIT have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MBCE or SPIT?

On fees, SPIT is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MBCE or SPIT?

SPIT is cheaper with a 0.89% expense ratio, compared with 1.14% for MBCE.

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

SPIT has the higher dividend yield at 5.62%, compared with 0.00% for MBCE.

What is the main difference between MBCE and SPIT?

They also come from different issuers: Kingsview Partners LLC and F/m Investments. Their fees differ too: 1.14% for MBCE and 0.89% for SPIT.