SPIT ETF — F/m Emerald Special Situations ETF

F/m Emerald Special Situations ETF (SPIT)

Updated October 16, 2026.

SPIT is an ETF. its trailing-12-month yield is 6.56%, its expense ratio is 0.90%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 15.2% over the past year, 0.3 points ahead of SPY at 14.9%.

F/m Emerald Special Situations ETF is an equity fund that invests primarily in mid- and small-cap stocks of U.S. and foreign companies, including common stocks, preferred stocks, and convertible securities across a range of industries. The fund carries a current distribution rate in the mid-single digits with annual distributions and has an expense ratio of 0.90%. The fund appeals to equity income investors seeking exposure to smaller-cap companies with a regular payout component.

SPIT performance versus SPY

Price and return data through 2026-10-16.

Total return is 15.2% over the past year, 0.3 points ahead of SPY at 14.9%. Its deepest 1-year drawdown was 18.7%.

SPIT key facts

Distribution Safety Score™

50 · Unproven

Issuer

F/m Investments

Asset type

ETF

Asset class

Equity

Inception date

08/01/2014

Expense ratio

0.90%

Distribution frequency

Annual

Trailing yield

6.56%

Last close

$28.40 (as of 2026-10-16)

AUM

$33,951,395

Average volume

8488.0

Dividend

$1.863

Ex-dividend date

11/13/2025

Payment date

11/14/2025

Beta

1.41

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: F/m Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SPIT risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 18.7%.

Who may consider SPIT — and who may not

It is a weaker fit for investors who need monthly cash flow (SPIT pays annual). This is educational context, not a recommendation to buy or sell.

More on SPIT

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Frequently asked questions

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