SPIT vs. SCHB

Last updated Jun 24, 2026

SPIT (F/m Emerald Special Situations ETF) and SCHB (Schwab U.S. Broad Market ETF) are both exchange-traded funds - SPIT is a Large Cap Growth Equities fund actively managed by F/m Investments, while SCHB is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Broad Stock Market Index. SPIT is actively managed, while SCHB is passively managed. Their correlation of 0.80 suggests significant overlap in exposure. SPIT charges 0.89%/yr vs 0.03%/yr for SCHB.

Performance

SPIT vs. SCHB - Performance Comparison

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

Returns By Period

In the year-to-date period, SPIT achieves a 27.92% return, which is significantly higher than SCHB's 8.88% return.

SPIT

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

SCHB

• 1D: -1.39%
• 1M: -0.87%
• YTD: 8.88%
• 6M: 7.77%
• 1Y: 24.10%
• 3Y*: 20.64%
• 5Y*: 11.98%
• 10Y*: 15.12%

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

SPIT vs. SCHB - Yearly Performance Comparison

	2026 (YTD)	2025
SPIT F/m Emerald Special Situations ETF	27.92%	5.31%
SCHB Schwab U.S. Broad Market ETF	8.88%	1.83%

Correlation

The correlation between SPIT and SCHB is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.80

Return for Risk

SPIT vs. SCHB — Risk / Return Rank

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

SPIT

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

SCHB

SCHB Risk / Return Rank: 59
SCHB Sharpe Ratio Rank: 58
SCHB Sortino Ratio Rank: 56
SCHB Omega Ratio Rank: 57
SCHB Calmar Ratio Rank: 57
SCHB Martin Ratio Rank: 68

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. SCHB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Emerald Special Situations ETF (SPIT) and Schwab U.S. Broad Market ETF (SCHB). 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	SCHB	Difference
Sharpe ratio: Return per unit of total volatility	—	1.89	—
Sortino ratio: Return per unit of downside risk	—	2.58	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.72	—
Martin ratio: Return relative to average drawdown	—	12.04	—

Drawdowns

SPIT vs. SCHB - Drawdown Comparison

The maximum SPIT drawdown since its inception was -12.49%, smaller than the maximum SCHB drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for SPIT and SCHB.

Drawdown Indicators

	SPIT	SCHB	Difference
Max Drawdown Largest peak-to-trough decline	-12.49%	-35.27%	+22.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.27%	—
Current Drawdown Current decline from peak	-2.09%	-2.86%	+0.77%
Average Drawdown Average peak-to-trough decline	-2.55%	-4.11%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.01%	—

Volatility

Volatility by Period

	SPIT	SCHB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.64%	12.83%	+13.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.64%	17.35%	+9.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.64%	18.34%	+8.30%

SPIT vs. SCHB - Expense Ratio Comparison

SPIT has a 0.89% expense ratio, which is higher than SCHB's 0.03% expense ratio.

Dividends

SPIT vs. SCHB - Dividend Comparison

SPIT's dividend yield for the trailing twelve months is around 5.61%, more than SCHB's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHB Schwab U.S. Broad Market ETF	1.04%	1.11%	1.24%	1.40%	1.61%	1.21%	1.63%	1.80%	2.00%	1.65%	1.86%	2.00%
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

Can I hold both SPIT and SCHB in my portfolio?

SPIT and SCHB have a correlation of 0.80, 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 SCHB?

On fees, SCHB is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPIT or SCHB?

SCHB is cheaper with a 0.03% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.61%, compared with 1.04% for SCHB.

What is the main difference between SPIT and SCHB?

SPIT is categorized as Large Cap Growth Equities, while SCHB is Large Cap Blend Equities. They also come from different issuers: F/m Investments and Charles Schwab. Their fees differ too: 0.89% for SPIT and 0.03% for SCHB.