SPIT vs. GRW

Last updated Jun 24, 2026

SPIT (F/m Emerald Special Situations ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. SPIT charges 0.89%/yr vs 0.75%/yr for GRW.

Performance

SPIT vs. GRW - Performance Comparison

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

Returns By Period

SPIT

• 1D: -1.91%
• 1M: 2.82%
• YTD: 27.92%
• 6M: 26.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRW

• 1D: -0.89%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPIT vs. GRW - Yearly Performance Comparison

	2026 (YTD)
SPIT F/m Emerald Special Situations ETF	2.10%
GRW TCW Durable Growth ETF	1.71%

Correlation

The correlation between SPIT and GRW is 0.73, 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 May 28, 2026	0.73

Return for Risk

SPIT vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and TCW Durable Growth ETF (GRW). 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. GRW - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, which is greater than GRW's maximum drawdown of -3.83%. Use the drawdown chart below to compare losses from any high point for SPIT and GRW.

Drawdown Indicators

	SPIT	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-3.83%	-8.66%
Current Drawdown Current decline from peak	-2.09%	-2.25%	+0.16%
Average Drawdown Average peak-to-trough decline	-2.55%	-0.99%	-1.56%

Volatility

Volatility by Period

	SPIT	GRW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.64%	19.15%	+7.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.64%	19.15%	+7.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.64%	19.15%	+7.49%

SPIT vs. GRW - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than GRW's 0.75% expense ratio.

Dividends

SPIT vs. GRW - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 5.61%, while GRW has not paid dividends to shareholders.

Position	TTM	2025
GRW TCW Durable Growth ETF	0.00%	0.00%
SPIT F/m Emerald Special Situations ETF	5.61%	7.18%

Frequently Asked Questions

Can I hold both SPIT and GRW in my portfolio?

SPIT and GRW have a correlation of 0.73, 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 GRW?

On fees, GRW is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPIT or GRW?

GRW is cheaper with a 0.75% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.61%, compared with 0.00% for GRW.

What is the main difference between SPIT and GRW?

They also come from different issuers: F/m Investments and TCW. Their fees differ too: 0.89% for SPIT and 0.75% for GRW.