SPIT vs. IOO

Last updated Apr 1, 2026

Compare and contrast key facts about F/m Emerald Special Situations ETF (SPIT) and iShares Global 100 ETF (IOO).

SPIT and IOO 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. IOO is a passively managed fund by iShares that tracks the performance of the S&P Global 100 Index. It was launched on Dec 5, 2000.

Performance

SPIT vs. IOO - Performance Comparison

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

SPIT vs. IOO - Yearly Performance Comparison

	2026 (YTD)	2025
SPIT F/m Emerald Special Situations ETF	2.31%	5.20%
IOO iShares Global 100 ETF	-4.50%	4.39%

Returns By Period

In the year-to-date period, SPIT achieves a 2.31% return, which is significantly higher than IOO's -4.50% return.

SPIT

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

IOO

• 1D: 3.46%
• 1M: -5.18%
• YTD: -4.50%
• 6M: 1.16%
• 1Y: 26.95%
• 3Y*: 21.47%
• 5Y*: 14.29%
• 10Y*: 15.03%

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

SPIT vs. IOO - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than IOO's 0.40% expense ratio.

SPIT

F/m Emerald Special Situations ETF

IOO

iShares Global 100 ETF

Return for Risk

SPIT vs. IOO — Risk / Return Rank

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

IOO

IOO Risk / Return Rank: 83
IOO Sharpe Ratio Rank: 79
IOO Sortino Ratio Rank: 83
IOO Omega Ratio Rank: 82
IOO Calmar Ratio Rank: 82
IOO Martin Ratio Rank: 88

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. IOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and iShares Global 100 ETF (IOO). 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	IOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.41	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.85	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.36	+0.24

Correlation

The correlation between SPIT and IOO is 0.72, 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. IOO - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 7.02%, more than IOO's 0.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
IOO iShares Global 100 ETF	0.96%	0.92%	1.08%	1.49%	2.00%	1.53%	1.49%	2.02%	2.54%	2.23%	2.75%	2.89%

Drawdowns

SPIT vs. IOO - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, smaller than the maximum IOO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for SPIT and IOO.

Drawdown Indicators

	SPIT	IOO	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-55.85%	+43.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.43%	—
Current Drawdown Current decline from peak	-8.39%	-6.82%	-1.57%
Average Drawdown Average peak-to-trough decline	-3.00%	-11.34%	+8.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.61%	—

Volatility

Volatility by Period

	SPIT	IOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	19.22%	+8.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.61%	16.97%	+10.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.61%	17.74%	+9.87%