SPIT: F/M EMERALD SPECIAL SITUATIONS ETF
What this ETF is trying to do
The F/M Emerald Special Situations ETF (SPIT) is an exchange-traded fund that invests in a variety of companies. Based on its top holdings, it has significant exposure to large technology companies. As of October 7, 2026, the fund held a total of 64 different assets.
What the numbers show
As of October 5, 2026, the share price of the ETF was $31.21.
Looking at the performance so far this year (Year-to-Date), the ETF has seen a price return of approximately 20.29%. The supplied total return for the same period is also 20.29%. Price return measures only the change in the share price, while total return reflects the overall return including distributions.
Data for one-year and three-year returns was not supplied.
Top Holdings
The holdings list is partial, meaning only the largest positions are shown. These can change over time. The top holdings as of October 7, 2026, include:
• NVIDIA Corp: 12.63%
• Microsoft Corp: 8.41%
• Apple Inc: 6.57%
• Alphabet Inc Class A: 5.09%
• Amazon.com Inc: 4.93%
• Broadcom Inc: 4.69%
• Meta Platforms Inc Class A: 4.31%
• Kratos Defense & Security Solutions Inc: 2.44%
• American Superconductor Corp: 2.08%
• Livanova PLC: 1.94%
Income and distribution explanation
This ETF has a distribution yield of approximately 5.97%. Over the last 12 months, it has made one payout totaling $1.86 per share. The distribution frequency is described as irregular or less frequent.
It is important for new investors to remember that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.
NAV Erosion Explanation
"NAV erosion" happens when the net asset value of a fund declines over time. Income investors care about principal stability because they don't want their initial investment to shrink while they collect cash payments.
For this ETF, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is insufficient verified price history.
Pros
• The ETF has shown a strong year-to-date price return of 20.29%.
• It provides a distribution yield of nearly 6%.
Cons
• The distribution schedule is irregular.
• There is not enough price history to provide an erosion-risk score.
Beginner takeaway
The SPIT ETF is heavily weighted toward major tech stocks and has seen growth in its share price so far this year. While it offers a distribution yield, the payouts are infrequent. Because it lacks a long price history, there is limited data on its long-term stability.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 12.63% |
| 2 | MICROSOFT CORP | MSFT | 8.41% |
| 3 | APPLE INC | AAPL | 6.57% |
| 4 | ALPHABET INC CLASS A | GOOGL | 5.09% |
| 5 | AMAZON.COM INC | AMZN | 4.93% |
| 6 | BROADCOM INC | AVGO | 4.69% |
| 7 | META PLATFORMS INC CLASS A | META | 4.31% |
| 8 | KRATOS DEFENSE & SECURITY SOLUTIONS INC | KTOS | 2.44% |
| 9 | AMERICAN SUPERCONDUCTOR CORP | AMSC | 2.08% |
| 10 | LIVANOVA PLC | LIVN | 1.94% |