ACWI vs PIO

AACWI

BPIO

Measures won6–0ACWI wins · of 6 · 5Y

$10,000 · 5Y$15,747ACWI · VEA $15,147

Lowest cost0.03%VEA · $3 on $10k

Most income2.50%VEA · $250 on $10k

Smallest drop−9.7%ACWI · worst fall in 1Y

Held in common0.6%ACWI and PIO

ACWI

PIO

iShares MSCI ACWI ETF · $32.8BInvesco Global Water ETF · $271M

+21.2%3 years · per year$17,791 · $14,263+12.6%

+9.5%5 years · per year$15,747 · $11,107+2.1%

0.32%Expense ratio$32 · $75 on $10k · lower wins0.75%

1.47%12-mo yield$147 · $88 on $10k0.88%

−9.7%Worst dropSmaller wins−13.1%

14.6%VolatilityLower wins16.7%

6–0ACWI wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsACWI · PIO

0.1%ECL8.6%

0.1%IDXX4.9%

0.0%A3.6%

0.0%ROP4.5%

Held in common0.6%

End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	AACWI	iShares MSCI ACWI ETFRead Desk	0.32%	1.47%	−3.8%	+8.4%	+10.6%	+21.2%	+9.5%	−9.7%	$32.8B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.50%	−3.7%	+10.2%	+16.0%	+20.9%	+8.7%	−11.6%	$231.6B
3	BPIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−3.6%	+1.0%	−0.4%	+12.6%	+2.1%	−13.1%	$271M

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

All Three

5Y3 funds

#
1	AACWI	iShares MSCI ACWI ETFRead Desk	0.32%	1.47%	−3.8%	+8.4%	+10.6%	+21.2%	+9.5%	−9.7%	$32.8B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.50%	−3.7%	+10.2%	+16.0%	+20.9%	+8.7%	−11.6%	$231.6B
3	BPIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−3.6%	+1.0%	−0.4%	+12.6%	+2.1%	−13.1%	$271M

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

Cards for this view

ACWI vs PIO

ACWI

iShares MSCI ACWI

$15,747

PIO

Invesco Global Water

$11,107

MeasureACWIPIO

Fee0.32%0.75%

Cost on $10k a year$32$75

Yield1.47%0.88%

5 years, per year+9.5%+2.1%

3 years, per year+21.2%+12.6%

Worst drop · 1Y−9.7%−13.1%

Volatility · 1Y14.6%16.7%

6–0measures won
ACWI first

0.6%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

VEA vs IEFA

YTD

VanguardVEA

+10.2%

IEFAiShares

+8.5%

+10.2%Year to date+8.5%

2.5%Yield3.4%

$232BAssets$193B

1–1level

End-of-day Nov 5, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.1BAssets$46.1B

2–0JEPQ wins

End-of-day Nov 5, 2026

Overlap: ACWI, PIO, VEA

Today

25.6%most shared, ACWI and VEA

ACWIPIOVEA

ACWI—0.6%25.6%

PIO0.6%—0.4%

VEA25.6%0.4%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$247most kept, VEA

VEA$250 − $3 = $247

ACWI$147 − $32 = $115

PIO$88 − $75 = $13

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee