PAPI vs IVV

APAPI

BIVV

Measures won3–2PAPI wins · of 6 · 3Y

$10,000 · 3Y$18,084IVV · SCHD $17,266

Lowest cost0.03%IVV · $3 on $10k

Most income7.31%PAPI · $731 on $10k

Smallest drop−6.9%PAPI · worst fall in 1Y

Held in common17.5%PAPI and IVV

PAPI

IVV

Parametric Equity Premium Income ETF · $551MiShares Core S&P 500 ETF · $853B

+13.3%3 years · per year$14,556 · $18,084+21.8%

[…]5 years · per year[…] · $17,177+11.4%

0.29%Expense ratio$29 · $3 on $10k · lower wins0.03%

7.31%12-mo yield$731 · $114 on $10k1.14%

−6.9%Worst dropSmaller wins−8.9%

10.4%VolatilityLower wins13.6%

3–2PAPI wins

$10,000 · 3 yearsAll three, one scale

Shared top holdingsPAPI · IVV

0.6%HD0.6%

0.5%COST0.7%

0.5%MSFT6.3%

0.5%ABBV0.8%

Held in common17.5%

End-of-day Nov 6, 2026 · $10,000 3 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

3Y3 funds

#
1	BIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	SCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	3.00%	−0.7%	+31.4%	+37.0%	+20.0%	+10.2%	−6.9%	$119.9B
3	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$551M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

3Y3 funds

#
1	BIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	SCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	3.00%	−0.7%	+31.4%	+37.0%	+20.0%	+10.2%	−6.9%	$119.9B
3	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$551M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PAPI vs IVV

PAPI

Parametric Equity Premium Income

$14,556

IVV

iShares Core S&P 500

$18,084

MeasurePAPIIVV

Fee0.29%0.03%

Cost on $10k a year$29$3

Yield7.31%1.14%

5 years, per year[…]+11.4%

3 years, per year+13.3%+21.8%

Worst drop · 1Y−6.9%−8.9%

Volatility · 1Y10.4%13.6%

3–2measures won
PAPI first

17.5%

holdings shared

Nov 6, 2026 · $10,000 three years ago, dividends reinvested

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

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

VOO vs IVV

YTD

VanguardVOO

+8.7%

IVViShares

+8.7%

+8.7%Year to date+8.7%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

End-of-day Nov 6, 2026

Overlap: PAPI, IVV, SCHD

Today

17.5%most shared, PAPI and IVV

PAPIIVVSCHD

PAPI—17.5%17.5%

IVV17.5%—8.7%

SCHD17.5%8.7%—

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

Income After Fees on $10,000

$702most kept, PAPI

PAPI$731 − $29 = $702

SCHD$300 − $6 = $294

IVV$114 − $3 = $111

KeptFee

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