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
$ 30.7 M
ASSETS UNDER MGMT
105 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 +
| F/M ULTRASHORT TREASURY INFLATION-PROTEC | 4.7 % |
| TETRA TECHNOLOGIES INC | 4.5 % |
| CREDO TECHNOLOGY GROUP HOLDING LTD. | 4.2 % |
| GUARDANT HEALTH, INC. | 4.2 % |
| AMAZON.COM INC | 3.8 % |
| CORCEPT THERAPEUTICS INC | 3.2 % |
| CARDINAL INFRASTRUCTURE GR-A | 2.9 % |
| MODINE MANUFACTURING CO | 2.9 % |
| LIVANOVA PLC | 2.8 % |
| SOLARIS OILFIELD INFRASTRUCTURE, INC. CL | 2.7 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 261 |
| Wgt avg mkt cap (mns) | $47,301 |
| Large cap (>$10bn) | 41.4% |
| Mid cap ($2-10bn) | 29.2% |
| Small cap (<$2bn) | 21.3% |
| Developed mkts. | 90.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.9 % |
 |
BRITAIN | 2.8 % |
 |
BERMUDA | 1.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 26.7% | -- | -- | -- | -- | -- | -- | 24.2% |
| Dividend Yield | 0.0% | -- | -- | -- | -- | -- | -- | 9.1% |
| Total Returns | 26.7% | -- | -- | -- | -- | -- | -- | 33.3% | Ann. Volatility | 26.4% | -- | -- | -- | -- | -- | -- | 26.5% |
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) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.35% |
Technical Indicators
| 30d moving avg. (EMA) | $31.33 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 0.68/0.67 |
| Bollinger Bands (Upper/Lower) | $33.05/$30.89 |
| 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 | 15.4% | -26 bp | +0.2% |
| DBSC | Deepwater Beachfront Small Cap ETF | 13.9% | -20 bp | +2.5% |
| MMSC | First Trust Multi-Manager Small Cap Opportunities ETF | 12.5% | -10 bp | +0.2% |
| FFTY | Innovator IBD 50 ETF | 11.8% | -25 bp | +0.8% |
| PDP | Invesco Dorsey Wright Momentum ETF | 10.8% | -43 bp | +2.5% |
| FFND | Future Fund Active ETF | 10.6% | -5 bp | +5.2% |
| FFOX | FundX Future Fund Opportunities ETF | 10.1% | -5 bp | +3.8% |
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 5/31/2026
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 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. SPIT's ALTAR Score™ is approximately -2.6 standard
deviations above the category average. This places SPIT in the 1st percentile
among funds in the category.
Sell-Side Consensus
$38.18
PRICE TARGET
+16.2%
UPSIDE