SPIT vs. OUSA
SPIT (F/m Emerald Special Situations ETF) and OUSA (OShares U.S. Quality Dividend ETF) are both Large Cap Growth Equities funds. SPIT is actively managed, while OUSA is passively managed. At a 0.32 correlation, their price movements are largely independent. SPIT charges 0.89%/yr vs 0.48%/yr for OUSA.
Performance
SPIT vs. OUSA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPIT achieves a 27.92% return, which is significantly higher than OUSA's 0.48% return.
SPIT
- 1D
- -1.91%
- 1M
- 2.82%
- YTD
- 27.92%
- 6M
- 26.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OUSA
- 1D
- 0.14%
- 1M
- -2.32%
- YTD
- 0.48%
- 6M
- -0.06%
- 1Y
- 10.34%
- 3Y*
- 11.93%
- 5Y*
- 8.53%
- 10Y*
- 10.19%
SPIT vs. OUSA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPIT F/m Emerald Special Situations ETF | 27.92% | 5.31% |
OUSA OShares U.S. Quality Dividend ETF | 0.48% | 2.12% |
Correlation
The correlation between SPIT and OUSA is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPIT vs. OUSA — Risk / Return Rank
SPIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OUSA
SPIT vs. OUSA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and OShares U.S. Quality Dividend ETF (OUSA). 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.
| SPIT | OUSA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.24 | — |
| Martin ratioReturn relative to average drawdown | — | 4.37 | — |
Loading charts...
Drawdowns
SPIT vs. OUSA - Drawdown Comparison
The maximum SPIT drawdown since its inception was -12.49%, smaller than the maximum OUSA drawdown of -33.12%. Use the drawdown chart below to compare losses from any high point for SPIT and OUSA.
Loading charts...
Drawdown Indicators
| SPIT | OUSA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.49% | -33.12% | +20.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.36% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.12% | — |
Current DrawdownCurrent decline from peak | -2.09% | -3.14% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -2.55% | -3.52% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.37% | — |
Volatility
SPIT vs. OUSA - Volatility Comparison
Loading charts...
Volatility by Period
| SPIT | OUSA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.42% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.64% | 9.82% | +16.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.64% | 13.31% | +13.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.64% | 15.17% | +11.47% |
SPIT vs. OUSA - Expense Ratio Comparison
SPIT has a 0.89% expense ratio, which is higher than OUSA's 0.48% expense ratio.
Dividends
SPIT vs. OUSA - Dividend Comparison
SPIT's dividend yield for the trailing twelve months is around 5.61%, more than OUSA's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OUSA OShares U.S. Quality Dividend ETF | 1.43% | 1.39% | 1.50% | 1.81% | 1.92% | 1.56% | 2.03% | 2.31% | 3.06% | 2.15% | 2.32% | 1.17% |
SPIT F/m Emerald Special Situations ETF | 5.61% | 7.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPIT and OUSA have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, OUSA is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.
OUSA is cheaper with a 0.48% expense ratio, compared with 0.89% for SPIT.
SPIT has the higher dividend yield at 5.61%, compared with 1.43% for OUSA.
They also come from different issuers: F/m Investments and O'Shares Investments. Their fees differ too: 0.89% for SPIT and 0.48% for OUSA.
Find the right allocation for SPIT and OUSA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer