F/m Emerald Special Situations ETF (SPIT) Performance
SPIT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.4% since Dec 31, 2025
- 1 year
- +11.7% total return
- Since first price
- +14.0% since 2025
SPIT trailing returns vs SPY, QQQ, AGG
| Period | SPIT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.8% | −9.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −13.8% | −13.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −8.6% | −8.6% | +7.8% | +8.4% | −1.5% |
| YTD | +8.4% | +8.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.7% | +4.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 6, 2025 | +14.0% | +6.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SPIT vs SPY
From Oct 6, 2025: SPIT grew to $11,403, SPY to $11,438.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPIT returns by calendar year
2026 is year to date.
SPIT annual returns table
| Year | SPIT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.4% | −19.5% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SPIT largest drawdowns
Now 19.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 30, 2026 | −19.5% | Oct 23, 2026 | not yet | 4 months | 4 months so far |
| Nov 12, 2025 | −13.5% | Nov 20, 2025 | Jan 9, 2026 | 8 days | 58 days |
| Feb 25, 2026 | −12.5% | Mar 30, 2026 | Apr 14, 2026 | 33 days | 48 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPIT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 1 | +6.5% | +6.5% | +6.5% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
SPIT performance overview
F/m Emerald Special Situations ETF (SPIT) returned +11.7% over the past year, with distributions reinvested. Since its first recorded price on Oct 6, 2025 it has returned +14.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.5%, from Jun 30, 2026 to Oct 23, 2026; the fund has not yet regained that high.
Related: SPIT chart, SPIT holdings, SPIT dividends, SPIT valuation. See the SPIT overview for the latest quote and fund facts.
SPIT performance FAQ
What is the SPIT return over the past year?
SPIT returned +11.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.1%.
How much would $10,000 invested in SPIT be worth?
$10,000 invested in SPIT at its first recorded close on October 6, 2025 would be worth about $11,403 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SPIT?
The largest peak-to-trough decline was −19.5% between June 30, 2026 and October 23, 2026. It has not yet recovered to that high; it is 19.5% below its peak.