SPIT vs. BBHL

Last updated Aug 2, 2026

SPIT (F/m Emerald Special Situations ETF) and BBHL (BBH Select Large Cap ETF) are both Large Cap Growth Equities funds. SPIT is actively managed, while BBHL is passively managed. Their 0.66 correlation means they have sometimes moved together and sometimes differently. SPIT charges 0.89%/yr vs 0.71%/yr for BBHL.

Performance

SPIT vs. BBHL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Emerald Special Situations ETF (SPIT) and BBH Select Large Cap ETF (BBHL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPIT achieves a 24.45% return, which is significantly higher than BBHL's 6.85% return.

SPIT

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

BBHL

• 1D: 1.23%
• 1M: -1.13%
• 6M: 6.45%
• YTD: 6.85%
• 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)
BBHL BBH Select Large Cap ETF	$615.08K	$948.80K	$819.70K
SPIT F/m Emerald Special Situations ETF	$242.68K	$282.09K	$201.11K

SPIT vs. BBHL - Yearly Performance Comparison

	2026 (YTD)	2025
SPIT F/m Emerald Special Situations ETF	24.45%	5.92%
BBHL BBH Select Large Cap ETF	6.85%	1.70%

Correlation

The correlation between SPIT and BBHL is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.66

Return for Risk

SPIT vs. BBHL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and BBH Select Large Cap ETF (BBHL). 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

SPIT vs. BBHL - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, roughly equal to the maximum BBHL drawdown of -11.99%. Use the drawdown chart below to compare losses from any high point for SPIT and BBHL.

Drawdown Indicators

	SPIT	BBHL	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-11.99%	-0.50%
Current Drawdown Current decline from peak	-7.55%	-1.30%	-6.25%
Average Drawdown Average peak-to-trough decline	-2.85%	-2.67%	-0.18%

Volatility

Volatility by Period

	SPIT	BBHL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.59%	13.00%	+13.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.59%	13.00%	+13.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.59%	13.00%	+13.59%

SPIT vs. BBHL - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than BBHL's 0.71% expense ratio.

Dividends

SPIT vs. BBHL - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 5.77%, while BBHL has not paid dividends to shareholders.

Position	TTM	2025
BBHL BBH Select Large Cap ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.77%	7.18%

Frequently Asked Questions

Can I hold both SPIT and BBHL in my portfolio?

SPIT and BBHL have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPIT or BBHL?

On fees, BBHL is cheaper at 0.71% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPIT or BBHL?

BBHL is cheaper with a 0.71% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.77%, compared with 0.00% for BBHL.

What is the main difference between SPIT and BBHL?

They also come from different issuers: F/m and BBH. Their fees differ too: 0.89% for SPIT and 0.71% for BBHL.