CEFS vs IVV

ACEFS

BIVV

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$18,118IVV · CEFS $17,932

Lowest cost0.03%IVV · $3 on $10k

Most income7.35%CEFS · $735 on $10k

Smallest drop−6.0%CEFS · worst fall in 1Y

Held in common0.0%CEFS and IVV

CEFS

IVV

Saba Opportunistic Hedged Closed-End Funds ETF · $425MiShares Core S&P 500 ETF · $887B

+22.8%3 years · per year$18,496 · $19,178+24.2%

+12.4%5 years · per year$17,932 · $18,118+12.6%

1.11%Expense ratio$111 · $3 on $10k · lower wins0.03%

7.35%12-mo yield$735 · $109 on $10k1.09%

−6.0%Worst dropSmaller wins−8.9%

11.9%VolatilityLower wins12.9%

3–3Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsCEFS · IVV

They share no top holdings, or holdings aren’t on file […]

Held in common0.0%

End-of-day Nov 4, 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	BIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.09%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$886.8B
2	ACEFS	Saba Opportunistic Hedged Closed-End Funds ETFRead Desk	1.11%	7.35%	−0.4%	+10.7%	+13.9%	+22.8%	+12.4%	−6.0%	$425M
3	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.05%	+1.5%	+13.4%	+13.5%	+24.0%	+11.5%	−8.9%	$689.2B

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	BIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.09%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$886.8B
2	ACEFS	Saba Opportunistic Hedged Closed-End Funds ETFRead Desk	1.11%	7.35%	−0.4%	+10.7%	+13.9%	+22.8%	+12.4%	−6.0%	$425M
3	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.05%	+1.5%	+13.4%	+13.5%	+24.0%	+11.5%	−8.9%	$689.2B

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

CEFS vs IVV

CEFS

Saba Opportunistic Hedged Closed-End Funds

$17,932

IVV

iShares Core S&P 500

$18,118

MeasureCEFSIVV

Fee1.11%0.03%

Cost on $10k a year$111$3

Yield7.35%1.09%

5 years, per year+12.4%+12.6%

3 years, per year+22.8%+24.2%

Worst drop · 1Y−6.0%−8.9%

Volatility · 1Y11.9%12.9%

3–3measures won
level

0.0%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

VTI vs ITOT

YTD

VanguardVTI

+13.4%

ITOTiShares

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$689BAssets$97.0B

1–0VTI wins

End-of-day Nov 4, 2026

VOO vs IVV

YTD

VanguardVOO

+13.4%

IVViShares

+13.4%

+13.4%Year to date+13.4%

1.1%Yield1.1%

$1.00TAssets$887B

0–0level

End-of-day Nov 4, 2026

Overlap: CEFS, IVV, VTI

Today

86.9%most shared, IVV and VTI

CEFSIVVVTI

CEFS—0.0%0.0%

IVV0.0%—86.9%

VTI0.0%86.9%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$624most kept, CEFS

CEFS$735 − $111 = $624

IVV$109 − $3 = $106

VTI$105 − $3 = $102

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee