SPIT
F/m Emerald Special Situations ETF
F/m Emerald Special Situations ETF seeks to achieve long-term capital appreciation by investing primarily in undervalued securities with the potential for significant price appreciation.
US
EQUITY
Active
MANAGEMENT STYLE
$ 30.3 M
ASSETS UNDER MGMT
90 bp
EXPENSES
Fund Basics
| Inception date | Aug 01, 2014 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| GUARDANT HEALTH, INC. | 4.3 % |
| TETRA TECHNOLOGIES INC | 3.9 % |
| AMAZON.COM INC | 3.7 % |
| COMMVAULT SYSTEMS INC | 3.5 % |
| SOLARIS OILFIELD INFRASTRUCTURE, INC. CL | 3.5 % |
| CORCEPT THERAPEUTICS INC | 3.5 % |
| PURE STORAGE, INC. CLASS A | 3.4 % |
| LIVANOVA PLC | 3.3 % |
| MONGODB, INC. CLASS A | 3.2 % |
| EL PASO ELECTRIC CO | 3.0 % |
Constituent Breakdown
| Number of holdings | 45 |
| Herfindahl-Hirschman Index | 258 |
| Wgt avg mkt cap (mns) | $282,074 |
| Large cap (>$10bn) | 42.0% |
| Mid cap ($2-10bn) | 37.0% |
| Small cap (<$2bn) | 17.0% |
| Developed mkts. | 96.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.6 % |
 |
BRITAIN | 3.3 % |
 |
SINGAPORE | 1.0 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.1% | -- | -- | -- | -- | -- | -- | 15.8% |
| Dividend Yield | 0.0% | -- | -- | -- | -- | -- | -- | 8.4% |
| Total Returns | 18.1% | -- | -- | -- | -- | -- | -- | 24.3% | Ann. Volatility | 25.0% | -- | -- | -- | -- | -- | -- | 25.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.40% |
Technical Indicators
| 30d moving avg. (EMA) | $29.79 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.52/-0.60 |
| Bollinger Bands (Upper/Lower) | $31.10/$27.61 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPIT |
Expenses vs. SPIT |
ALTAR Score™ vs. SPIT |
|---|---|---|---|---|
| LFSC | F/m Emerald Life Sciences Innovation ETF | 20.8% | -11 bp | +0.2% |
| DARP | Grizzle Growth ETF | 12.9% | -15 bp | +5.0% |
| WTAI | WisdomTree Artificial Intelligence and Innovation Fund | 12.9% | -45 bp | +6.5% |
| FFND | Future Fund Active ETF | 12.6% | -4 bp | +4.1% |
| JTEK | JPMorgan U.S. Tech Leaders ETF | 12.4% | -25 bp | +1.7% |
| LGRO | Level Four Large Cap Growth Active ETF | 11.3% | -40 bp | +5.3% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 11.0% | -15 bp | +3.4% |
| FFOG | Franklin Focused Growth ETF | 10.8% | -49 bp | +4.8% |
| GK | AdvisorShares Gerber Kawasaki ETF | 10.7% | +41 bp | +3.5% |
| NANC | Unusual Whales Subversive Democratic Trading ETF | 10.6% | -18 bp | +4.4% |
Risk and Returns: SPIT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
-0.2%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. SPIT's ALTAR Score™ is approximately -2.9 standard
deviations above the category average. This places SPIT in the 1st percentile
among funds in the category.
Sell-Side Consensus
$40.87
PRICE TARGET
+50.5%
UPSIDE