SPIT vs. BIBL

Last updated Apr 1, 2026

Compare and contrast key facts about F/m Emerald Special Situations ETF (SPIT) and Inspire 100 ETF (BIBL).

SPIT and BIBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPIT is an actively managed fund by F/m Investments. It was launched on Aug 1, 2014. BIBL is a passively managed fund by Inspire that tracks the performance of the Inspire 100 Index. It was launched on Oct 30, 2017.

Performance

SPIT vs. BIBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Emerald Special Situations ETF (SPIT) and Inspire 100 ETF (BIBL). The values are adjusted to include any dividend payments, if applicable.

SPIT vs. BIBL - Yearly Performance Comparison

	2026 (YTD)	2025
SPIT F/m Emerald Special Situations ETF	2.31%	5.20%
BIBL Inspire 100 ETF	4.92%	0.41%

Returns By Period

In the year-to-date period, SPIT achieves a 2.31% return, which is significantly lower than BIBL's 4.92% return.

SPIT

• 1D: 4.68%
• 1M: -6.38%
• YTD: 2.31%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIBL

• 1D: 3.22%
• 1M: -5.73%
• YTD: 4.92%
• 6M: 6.80%
• 1Y: 24.23%
• 3Y*: 15.73%
• 5Y*: 8.13%
• 10Y*: —

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

SPIT vs. BIBL - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than BIBL's 0.35% expense ratio.

SPIT

F/m Emerald Special Situations ETF

BIBL

Inspire 100 ETF

Return for Risk

SPIT vs. BIBL — Risk / Return Rank

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

BIBL

BIBL Risk / Return Rank: 72
BIBL Sharpe Ratio Rank: 69
BIBL Sortino Ratio Rank: 70
BIBL Omega Ratio Rank: 70
BIBL Calmar Ratio Rank: 72
BIBL Martin Ratio Rank: 80

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.

SPIT vs. BIBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and Inspire 100 ETF (BIBL). 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.

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

Sharpe Ratios by Period

	SPIT	BIBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.20	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.53	+0.07

Correlation

The correlation between SPIT and BIBL is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPIT vs. BIBL - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 7.02%, more than BIBL's 1.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPIT F/m Emerald Special Situations ETF	7.02%	7.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BIBL Inspire 100 ETF	1.12%	1.01%	0.92%	1.02%	0.98%	17.87%	1.67%	1.30%	1.49%	0.31%

Drawdowns

SPIT vs. BIBL - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, smaller than the maximum BIBL drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for SPIT and BIBL.

Drawdown Indicators

	SPIT	BIBL	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-36.12%	+23.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.85%	—
Current Drawdown Current decline from peak	-8.39%	-6.01%	-2.38%
Average Drawdown Average peak-to-trough decline	-3.00%	-7.17%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	SPIT	BIBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	20.37%	+7.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.61%	19.44%	+8.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.61%	21.15%	+6.46%