Compare · 4 funds side by side · dividends reinvested

PIPE, SMH, ITA and DRAM

PIPEInvesco×SMHVanEck×ITAiShares×DRAMRoundhill×

Story of the four · Growth5Y$10,000 five years agoDividends reinvested · all four on one scale$34,950SMH · best of the four

02 / 04

PIPE, SMH, ITA and DRAM, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

VanEck Semiconductor ETFThematic · AI & semis0.35%0.24%+28.8%+29.5%+48.9%+28.4%−33.1%42.9%$57.7B1.8

Invesco SteelPath MLP & Energy Infrastructure ETFThematic · Infrastructure0.75%4.18%+19.1%+25.4%[…][…]−10.7%17.3%$62M1.8

iShares U.S. Aerospace & Defense ETFThematic · Defense & space0.37%0.58%−3.4%−1.0%+24.1%+15.6%−20.0%23.7%$11.6B2.3

Roundhill Memory ETFThematic · AI & semis0.65%0.00%[…][…][…][…][…][…]$14.4B3.5

Rank among the four1st → 4thFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 6, 2026 · returns include dividends · since: PIPE 2025 · SMH 2011 · ITA 2006 · DRAM 2026

Head to Head

Swap sides Versus in desk

Head to Head

Invesco SteelPath MLP & Energy Infrastructure ETF · $62M[…]

PIPE

SMH

VanEck Semiconductor ETF · $57.7B$34,950

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

PIPEMeasureSMH

+19.1%Year to dateJan 1 → Nov 6+28.8%

+25.4%1 yearTotal return+29.5%

[…]3 years · per year$10,000 became […] · $33,022+48.9%

[…]5 years · per year$10,000 became […] · $34,950+28.4%

0.75%Expense ratio$75 · $35 a year on $10k · lower is better0.35%

4.18%Trailing 12-mo yield$418 · $24 a year on $10k0.24%

−10.7%Worst dropSmaller is better−33.1%

17.3%VolatilityLower is calmer42.9%

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

3–3Level

End-of-day Nov 6, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

PIPE vs SMH: Top 5 Holdings

Today

PIPE

32.9%in top 5

SMH

in top 547.8%

PIPEStockSMH

not top 5NVDA21.0%

not top 5TSM9.8%

8.7%TRGPnot top 5

6.9%PAGPnot top 5

not top 5TXN6.2%

6.1%TRPnot top 5

6.0%WMBnot top 5

not top 5AVGO5.9%

5.3%LNGnot top 5

not top 5ADI5.0%

Held in common0.0%

End-of-day Nov 6, 2026 · share of each fund

PIPE vs SMH Returns, Every Period

InvescoPIPE

+25.4%

past year

SMHVanEck

+29.5%

past year

PIPESMHFaded: behind in that period

0–2SMH wins

End-of-day Nov 6, 2026 · dividends in · faded = behind in that period

PIPE vs ITA

YTD

InvescoPIPE

+19.1%

ITAiShares

−3.4%

+19.1%Year to date−3.4%

−10.7%Worst drop · 1Y−20.0%

17.3%Volatility · 1Y23.7%

4.2%Yield0.6%

$62.5MAssets$11.6B

4–0PIPE wins

End-of-day Nov 6, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: PIPE, SMH, ITA, DRAM

Today

0.35%lowest, SMH

FundExpense ratioFee$10k

SMH0.35%$35

ITA0.37%$37

DRAM0.65%$65

PIPE0.75%$75

End-of-day Nov 6, 2026 · fee on $10,000 a year

Yields: PIPE, SMH, ITA, DRAM

4.18%highest, PIPE

FundTrailing yieldYield$10k

PIPE4.18%$418

ITA0.58%$58

SMH0.24%$24

DRAM0.00%$0

End-of-day Nov 6, 2026 · trailing 12-month yield

Income After Fees on $10,000

$343most kept, PIPE

PIPE$418 − $75 = $343

ITA$58 − $37 = $21

SMH$24 − $35 = −$11

DRAM$0 − $65 = −$65

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee

Overlap: PIPE, SMH, ITA, DRAM

Today

3.1%most shared, SMH and DRAM

PIPESMHITADRAM

PIPE—0.0%0.0%0.0%

SMH0.0%—0.0%3.1%

ITA0.0%0.0%—0.0%

DRAM0.0%3.1%0.0%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 4 ETFs

+29.5%SMH, at 42.9% volatility

PIPEWorst drop−10.7%17.3% vol

ITAWorst drop−20.0%23.7% vol

SMHWorst drop−33.1%42.9% vol

DRAMWorst drop[…][…]

End-of-day Nov 6, 2026 · up and left is better

Paid More vs Made More

YTD

PIPESMH

+19.1%Year to date+28.8%

4.2%Yield0.2%

+25.4%Past year+29.5%

0.75%Fee0.35%

3–1SMH wins

End-of-day Nov 6, 2026

Popular Pairs Near These Four

SOXX vs SMH

YTD

iSharesSOXX

+36.2%

SMHVanEck

+28.8%

+36.2%Year to date+28.8%

0.33% · $33Fee · on $10k a year0.35% · $35

$37.6BAssets$57.7B

2–0SOXX wins

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026