STNC vs. SPIT

Last updated Aug 2, 2026

STNC (Hennessy Stance ESG ETF) and SPIT (F/m Emerald Special Situations ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. STNC charges 0.85%/yr vs 0.89%/yr for SPIT.

Performance

STNC vs. SPIT - Performance Comparison

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

Returns By Period

In the year-to-date period, STNC achieves a 11.50% return, which is significantly lower than SPIT's 24.45% return.

STNC

• 1D: -0.02%
• 1M: -0.41%
• 6M: 6.93%
• YTD: 11.50%
• 1Y: 20.36%
• 3Y*: 11.71%
• 5Y*: 7.12%
• 10Y*: —
• ALL TIME*: 8.09%

SPIT

• 1D: 0.51%
• 1M: -5.03%
• 6M: 16.23%
• YTD: 24.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SPIT F/m Emerald Special Situations ETF	$242.68K	$282.09K	$201.11K
STNC Hennessy Stance ESG ETF	$80.91K	$76.39K	$55.00K

STNC vs. SPIT - Yearly Performance Comparison

	2026 (YTD)	2025
STNC Hennessy Stance ESG ETF	11.50%	2.62%
SPIT F/m Emerald Special Situations ETF	24.45%	5.31%

Correlation

The correlation between STNC and SPIT is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025	0.62

Return for Risk

STNC vs. SPIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

STNC

STNC Risk / Return Rank: 58
STNC Sharpe Ratio Rank: 54
STNC Sortino Ratio Rank: 58
STNC Omega Ratio Rank: 50
STNC Calmar Ratio Rank: 68
STNC Martin Ratio Rank: 60

SPIT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STNC vs. SPIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hennessy Stance ESG ETF (STNC) and F/m Emerald Special Situations ETF (SPIT). 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.

	STNC	SPIT	Difference
Sharpe ratio: Return per unit of total volatility	1.32	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.39	—	—
Martin ratio: Return relative to average drawdown	7.25	—	—

Drawdowns

STNC vs. SPIT - Drawdown Comparison

The maximum STNC drawdown since its inception was -22.33%, which is greater than SPIT's maximum drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for STNC and SPIT.

Drawdown Indicators

	STNC	SPIT	Difference
Max Drawdown Largest peak-to-trough decline	-22.33%	-12.49%	-9.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.33%	—	—
Current Drawdown Current decline from peak	-4.06%	-7.55%	+3.49%
Average Drawdown Average peak-to-trough decline	-5.82%	-2.85%	-2.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	—	—

Volatility

Volatility by Period

	STNC	SPIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.71%	26.59%	-11.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.74%	26.59%	-10.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.46%	26.59%	-11.13%

STNC vs. SPIT - Expense Ratio Comparison

STNC has a 0.85% expense ratio, which is lower than SPIT's 0.89% expense ratio.

Dividends

STNC vs. SPIT - Dividend Comparison

STNC's dividend yield for the trailing twelve months is around 0.91%, less than SPIT's 5.77% yield.

Position	TTM	2025	2024	2023	2022	2021
SPIT F/m Emerald Special Situations ETF	5.77%	7.18%	0.00%	0.00%	0.00%	0.00%
STNC Hennessy Stance ESG ETF	0.91%	1.02%	0.96%	0.08%	0.58%	0.41%

Frequently Asked Questions

Can I hold both STNC and SPIT in my portfolio?

STNC and SPIT have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, STNC or SPIT?

On fees, STNC is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STNC or SPIT?

STNC is cheaper with a 0.85% expense ratio, compared with 0.89% for SPIT.

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

SPIT has the higher dividend yield at 5.77%, compared with 0.91% for STNC.

What is the main difference between STNC and SPIT?

They also come from different issuers: Hennessy and F/m. Their fees differ too: 0.85% for STNC and 0.89% for SPIT.