SPIT vs. QCLR

Last updated Apr 1, 2026

Compare and contrast key facts about F/m Emerald Special Situations ETF (SPIT) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR).

SPIT and QCLR 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. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021.

Performance

SPIT vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Emerald Special Situations ETF (SPIT) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

SPIT vs. QCLR - Yearly Performance Comparison

	2026 (YTD)	2025
SPIT F/m Emerald Special Situations ETF	2.31%	5.20%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	-6.67%	0.28%

Returns By Period

In the year-to-date period, SPIT achieves a 2.31% return, which is significantly higher than QCLR's -6.67% return.

SPIT

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

QCLR

• 1D: 1.60%
• 1M: -5.31%
• YTD: -6.67%
• 6M: -5.64%
• 1Y: 10.86%
• 3Y*: 12.72%
• 5Y*: —
• 10Y*: —

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

SPIT vs. QCLR - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than QCLR's 0.60% expense ratio.

SPIT

F/m Emerald Special Situations ETF

QCLR

Global X NASDAQ 100 Collar 95-110 ETF

Return for Risk

SPIT vs. QCLR — Risk / Return Rank

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

QCLR

QCLR Risk / Return Rank: 48
QCLR Sharpe Ratio Rank: 52
QCLR Sortino Ratio Rank: 52
QCLR Omega Ratio Rank: 46
QCLR Calmar Ratio Rank: 43
QCLR Martin Ratio Rank: 47

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. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). 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	QCLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.53	+0.07

Correlation

The correlation between SPIT and QCLR is 0.74, 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. QCLR - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 7.02%, less than QCLR's 15.95% yield.

	TTM	2025	2024	2023	2022	2021
SPIT F/m Emerald Special Situations ETF	7.02%	7.18%	0.00%	0.00%	0.00%	0.00%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	15.95%	14.89%	8.89%	0.47%	0.27%	1.64%

Drawdowns

SPIT vs. QCLR - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, smaller than the maximum QCLR drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for SPIT and QCLR.

Drawdown Indicators

	SPIT	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-21.77%	+9.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.22%	—
Current Drawdown Current decline from peak	-8.39%	-8.78%	+0.39%
Average Drawdown Average peak-to-trough decline	-3.00%	-6.32%	+3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.50%	—

Volatility

Volatility by Period

	SPIT	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.61%	12.06%	+15.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.61%	12.61%	+15.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.61%	12.61%	+15.00%