Compare · 2 funds side by side · dividends reinvested

PWZ and SPY

PWZInvesco×SPYSPDR×

Versus in desk

Story of the two · Growth5Y$10,000 five years agoDividends reinvested · both on one scale$17,118SPY · best of the two

02 / 04

PWZ and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%1.03%+8.7%+9.7%+21.7%+11.3%−8.9%13.6%$778B1.3

Invesco California AMT-Free Municipal Bond ETFBonds & Cash · Municipal0.28%3.93%−0.1%+0.4%+4.5%−0.3%−9.1%5.0%$1.3B1.8

Rank among the two1st → 2ndFee, 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: PWZ 2007 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

Invesco California AMT-Free Municipal Bond ETF · $1.3B$9,873

PWZ

SPY

State Street SPDR S&P 500 ETF · $778B$17,118

$10,000 five years ago, dividends reinvested

PWZMeasureSPY

−0.1%Year to dateJan 1 → Nov 6+8.7%

+0.4%1 yearTotal return+9.7%

+4.5%3 years · per year$10,000 became $11,417 · $18,039+21.7%

−0.3%5 years · per year$10,000 became $9,873 · $17,118+11.3%

0.28%Expense ratio$28 · $9 a year on $10k · lower is better0.09%

3.93%Trailing 12-mo yield$393 · $103 a year on $10k1.03%

−9.1%Worst dropSmaller is better−8.9%

5.0%VolatilityLower is calmer13.6%

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

2–6SPY wins

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

More Ways to See the Pairs

PWZ vs SPY: Top 5 Holdings

Today

PWZ

[…]in top 5

SPY

in top 527.8%

PWZStockSPY

not top 5AAPL7.9%

not top 5NVDA6.9%

not top 5MSFT6.3%

not top 5AMZN4.0%

not top 5GOOGL2.6%

Held in common[…]

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

PWZ vs SPY Returns, Every Period

InvescoPWZ

−0.3%

5 years, per year

SPYSPDR

+11.3%

5 years, per year

PWZSPYFaded: behind in that period

0–4SPY wins

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

Bonds vs Core: PWZ vs SPY

YTD

InvescoPWZ

−0.1%

SPYSPDR

+8.7%

−0.1%Year to date+8.7%

−9.1%Worst drop · 1Y−8.9%

5.0%Volatility · 1Y13.6%

3.9%Yield1.0%

$1.3BAssets$778B

2–2level

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

Cost, Income and Risk

Fees: PWZ, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

PWZ0.28%$28

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

Yields: PWZ, SPY

3.93%highest, PWZ

FundTrailing yieldYield$10k

PWZ3.93%$393

SPY1.03%$103

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

Income After Fees on $10,000

$365most kept, PWZ

PWZ$393 − $28 = $365

SPY$103 − $9 = $94

KeptFee

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

Overlap: PWZ, SPY

Today

[…]holdings […]

PWZSPY

PWZ—[…]

SPY[…]—

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

Return vs Bumpiness: 2 ETFs

+9.7%SPY, at 13.6% volatility

PWZWorst drop−9.1%5.0% vol

SPYWorst drop−8.9%13.6% vol

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

Paid More vs Made More

YTD

PWZSPY

−0.1%Year to date+8.7%

3.9%Yield1.0%

+0.4%Past year+9.7%

0.28%Fee0.09%

3–1SPY wins

End-of-day Nov 6, 2026

Popular Pairs Near These Two

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$178BAssets$778B

2–0SPYM 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%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 6, 2026