ZTRE vs. SPIT
ZTRE (F/M 3-Year Investment Grade Corporate Bond ETF) and SPIT (F/m Emerald Special Situations ETF) are both exchange-traded funds - ZTRE is a Short-Term Bond fund tracking the ICE 3-Year US Target Maturity Corporate Index - Benchmark TR Gross, while SPIT is a Large Cap Growth Equities fund actively managed by F/m. ZTRE is passively managed, while SPIT is actively managed. Their 0.20 correlation means their historical movements had little consistent relationship. ZTRE charges 0.15%/yr vs 0.89%/yr for SPIT.
Performance
ZTRE vs. SPIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZTRE achieves a 0.80% return, which is significantly lower than SPIT's 24.45% return.
ZTRE
- 1D
- -0.04%
- 1M
- -0.06%
- 6M
- 0.41%
- YTD
- 0.80%
- 1Y
- 3.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.76%
SPIT
- 1D
- 0.51%
- 1M
- -5.03%
- 6M
- 16.23%
- YTD
- 24.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $242.68K | $282.09K | $201.11K | |
| $361.74K | $257.68K | $173.89K |
ZTRE vs. SPIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ZTRE F/M 3-Year Investment Grade Corporate Bond ETF | 0.80% | 1.11% |
SPIT F/m Emerald Special Situations ETF | 24.45% | 5.31% |
Correlation
The correlation between ZTRE and SPIT is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 6, 2025 | 0.20 |
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
ZTRE vs. SPIT — Risk / Return Rank
ZTRE
SPIT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ZTRE vs. SPIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE) 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.
| ZTRE | SPIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | — | — |
| Martin ratioReturn relative to average drawdown | 9.68 | — | — |
Loading charts...
Drawdowns
ZTRE vs. SPIT - Drawdown Comparison
The maximum ZTRE drawdown since its inception was -1.45%, smaller than the maximum SPIT drawdown of -12.49%. Use the drawdown chart below to compare losses from any high point for ZTRE and SPIT.
Loading charts...
Drawdown Indicators
| ZTRE | SPIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.45% | -12.49% | +11.04% |
Max Drawdown (1Y)Largest decline over 1 year | -1.45% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -7.55% | +7.45% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -2.85% | +2.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | — | — |
Volatility
ZTRE vs. SPIT - Volatility Comparison
Loading charts...
Volatility by Period
| ZTRE | SPIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.93% | 26.59% | -24.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.10% | 26.59% | -24.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.10% | 26.59% | -24.49% |
ZTRE vs. SPIT - Expense Ratio Comparison
ZTRE has a 0.15% expense ratio, which is lower than SPIT's 0.89% expense ratio.
Dividends
ZTRE vs. SPIT - Dividend Comparison
ZTRE's dividend yield for the trailing twelve months is around 4.56%, less than SPIT's 5.77% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SPIT F/m Emerald Special Situations ETF | 5.77% | 7.18% | 0.00% |
ZTRE F/M 3-Year Investment Grade Corporate Bond ETF | 4.23% | 4.37% | 0.39% |
Frequently Asked Questions
ZTRE and SPIT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZTRE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZTRE is cheaper with a 0.15% expense ratio, compared with 0.89% for SPIT.
SPIT has the higher dividend yield at 5.77%, compared with 4.23% for ZTRE.
ZTRE is categorized as Short-Term Bond, while SPIT is Large Cap Growth Equities. Their fees differ too: 0.15% for ZTRE and 0.89% for SPIT.
Find the right allocation for ZTRE and SPIT
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