TMFE vs. SPCT

Last updated Jul 17, 2026

TMFE (The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. TMFE is passively managed, while SPCT is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. TMFE charges 0.50%/yr vs 0.85%/yr for SPCT.

Performance

TMFE vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF (TMFE) and Liberty One Spectrum ETF (SPCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TMFE achieves a 4.45% return, which is significantly lower than SPCT's 9.92% return.

TMFE

• 1D: 0.68%
• 1M: 2.48%
• 6M: 4.18%
• YTD: 4.45%
• 1Y: 10.30%
• 3Y*: 17.31%
• 5Y*: —
• 10Y*: —

SPCT

• 1D: 0.99%
• 1M: 1.35%
• 6M: 7.01%
• YTD: 9.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TMFE vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
TMFE The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF	4.45%	0.76%
SPCT Liberty One Spectrum ETF	9.92%	1.93%

Correlation

The correlation between TMFE and SPCT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.50

Return for Risk

TMFE vs. SPCT — Risk / Return Rank

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

TMFE

TMFE Risk / Return Rank: 26
TMFE Sharpe Ratio Rank: 27
TMFE Sortino Ratio Rank: 27
TMFE Omega Ratio Rank: 25
TMFE Calmar Ratio Rank: 24
TMFE Martin Ratio Rank: 30

SPCT

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

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.

TMFE vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF (TMFE) and Liberty One Spectrum ETF (SPCT). 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.

	TMFE	SPCT	Difference
Sharpe ratio: Return per unit of total volatility	0.83	—	—
Sortino ratio: Return per unit of downside risk	1.22	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.92	—	—
Martin ratio: Return relative to average drawdown	3.34	—	—

Drawdowns

TMFE vs. SPCT - Drawdown Comparison

The maximum TMFE drawdown since its inception was -31.21%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for TMFE and SPCT.

Drawdown Indicators

	TMFE	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-31.21%	-7.17%	-24.04%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.81%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.18%	-1.49%	-6.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	—	—

Volatility

Volatility by Period

	TMFE	SPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	9.27%	+3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	9.27%	+9.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.14%	9.27%	+9.87%

TMFE vs. SPCT - Expense Ratio Comparison

TMFE has a 0.50% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

TMFE vs. SPCT - Dividend Comparison

TMFE's dividend yield for the trailing twelve months is around 0.31%, less than SPCT's 0.73% yield.

Position	TTM	2025	2024	2023	2022
SPCT Liberty One Spectrum ETF	0.73%	0.16%	0.00%	0.00%	0.00%
TMFE The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF	0.31%	0.32%	0.44%	0.45%	0.40%

Frequently Asked Questions

Can I hold both TMFE and SPCT in my portfolio?

TMFE and SPCT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMFE or SPCT?

On fees, TMFE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMFE or SPCT?

TMFE is cheaper with a 0.50% expense ratio, compared with 0.85% for SPCT.

Which ETF pays a higher dividend yield, TMFE or SPCT?

SPCT has the higher dividend yield at 0.73%, compared with 0.31% for TMFE.

What is the main difference between TMFE and SPCT?

They also come from different issuers: RBB Fund and Liberty One. Their fees differ too: 0.50% for TMFE and 0.85% for SPCT.