CEFS vs SCHD

ACEFS

BSCHD

Measures won4–2CEFS wins · of 6 · 5Y

$10,000 · 5Y$17,932CEFS · VIG $17,005

Lowest cost0.04%VIG · $4 on $10k

Most income7.35%CEFS · $735 on $10k

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

Held in common0.0%CEFS and SCHD

CEFS

SCHD

Saba Opportunistic Hedged Closed-End Funds ETF · $425MSchwab U.S. Dividend Equity ETF · $123B

+22.8%3 years · per year$18,496 · $17,908+21.4%

+12.4%5 years · per year$17,932 · $16,881+11.0%

1.11%Expense ratio$111 · $6 on $10k · lower wins0.06%

7.35%12-mo yield$735 · $291 on $10k2.91%

−6.0%Worst dropSmaller wins−6.9%

11.9%VolatilityLower wins11.5%

4–2CEFS wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsCEFS · SCHD

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	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
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.44%	+2.1%	+16.4%	+18.9%	+20.6%	+11.2%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$122.9B

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	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
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.44%	+2.1%	+16.4%	+18.9%	+20.6%	+11.2%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$122.9B

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 SCHD

CEFS

Saba Opportunistic Hedged Closed-End Funds

$17,932

SCHD

Schwab U.S. Dividend Equity

$16,881

MeasureCEFSSCHD

Fee1.11%0.06%

Cost on $10k a year$111$6

Yield7.35%2.91%

5 years, per year+12.4%+11.0%

3 years, per year+22.8%+21.4%

Worst drop · 1Y−6.0%−6.9%

Volatility · 1Y11.9%11.5%

4–2measures won
CEFS first

0.0%

holdings shared

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

DGRO vs VIG

YTD

iSharesDGRO

+20.6%

VIGVanguard

+16.4%

+20.6%Year to date+16.4%

1.8%Yield1.4%

$46.1BAssets$109B

2–0DGRO wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026

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

Overlap: CEFS, SCHD, VIG

Today

14.5%most shared, SCHD and VIG

CEFSSCHDVIG

CEFS—0.0%0.0%

SCHD0.0%—14.5%

VIG0.0%14.5%—

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

SCHD$291 − $6 = $285

VIG$144 − $4 = $140

KeptFee

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