Compare · 2 funds side by side · dividends reinvested

PIPE and PAVE

PIPEInvesco×PAVEGlobal X×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$20,605PAVE · best of the two

02 / 04

PIPE and PAVE, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%3.84%+29.6%+36.0%[…][…]−9.1%16.5%$65M1.2

Global X - U.S. Infrastructure Development ETFThematic · Infrastructure0.47%0.79%+14.9%+14.6%+25.6%+15.6%−13.8%20.6%$14.1B1.6

Rank among the two1st → 2ndFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 3, 2026 · returns include dividends · since: PIPE 2025 · PAVE 2017

Head to Head

Swap sides Versus in desk

Head to Head

Invesco SteelPath MLP & Energy Infrastructure ETF · $65M[…]

PIPE

PAVE

Global X - U.S. Infrastructure Development ETF · $14.1B$20,605

$10,000 five years ago, dividends reinvested · they hold 0.0% in common

PIPEMeasurePAVE

+29.6%Year to dateJan 1 → Nov 3+14.9%

+36.0%1 yearTotal return+14.6%

[…]3 years · per year$10,000 became […] · $19,809+25.6%

[…]5 years · per year$10,000 became […] · $20,605+15.6%

0.75%Expense ratio$75 · $47 a year on $10k · lower is better0.47%

3.84%Trailing 12-mo yield$384 · $79 a year on $10k0.79%

−9.1%Worst dropSmaller is better−13.8%

16.5%VolatilityLower is calmer20.6%

PIPEPAVE Winner of the row, in its colourEach row: the bigger of the two fills its side

5–1PIPE wins

End-of-day Nov 3, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

PIPE vs PAVE: Top 5 Holdings

Today

PIPE

32.9%in top 5

PAVE

in top 518.0%

PIPEStockPAVE

8.8%TRGPnot top 5

6.7%PAGPnot top 5

6.2%WMBnot top 5

5.7%TRPnot top 5

5.5%LNGnot top 5

not top 5EMR3.7%

not top 5NUE3.7%

not top 5FAST3.7%

not top 5DE3.6%

not top 5URI3.3%

Held in common0.0%

End-of-day Nov 3, 2026 · share of each fund

PIPE vs PAVE Returns, Every Period

InvescoPIPE

+36.0%

past year

PAVEGlobal X

+14.6%

past year

PIPEPAVEFaded: behind in that period

2–0PIPE wins

End-of-day Nov 3, 2026 · dividends in · faded = behind in that period

PIPE vs PAVE

YTD

InvescoPIPE

+29.6%

PAVEGlobal X

+14.9%

+29.6%Year to date+14.9%

−9.1%Worst drop · 1Y−13.8%

16.5%Volatility · 1Y20.6%

3.8%Yield0.8%

$64.8MAssets$14.1B

4–0PIPE wins

End-of-day Nov 3, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: PIPE, PAVE

Today

0.47%lowest, PAVE

FundExpense ratioFee$10k

PAVE0.47%$47

PIPE0.75%$75

End-of-day Nov 3, 2026 · fee on $10,000 a year

Yields: PIPE, PAVE

3.84%highest, PIPE

FundTrailing yieldYield$10k

PIPE3.84%$384

PAVE0.79%$79

End-of-day Nov 3, 2026 · trailing 12-month yield

Income After Fees on $10,000

$309most kept, PIPE

PIPE$384 − $75 = $309

PAVE$79 − $47 = $32

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee

Overlap: PIPE, PAVE

Today

0.0%most shared, PIPE and PAVE

PIPEPAVE

PIPE—0.0%

PAVE0.0%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 2 ETFs

+36.0%PIPE, at 16.5% volatility

PIPEWorst drop−9.1%16.5% vol

PAVEWorst drop−13.8%20.6% vol

End-of-day Nov 3, 2026 · up and left is better

Paid More vs Made More

YTD

PIPEPAVE

+29.6%Year to date+14.9%

3.8%Yield0.8%

+36.0%Past year+14.6%

0.75%Fee0.47%

3–1PIPE wins

End-of-day Nov 3, 2026

Popular Pairs Near These Two

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 3, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 3, 2026