CFO vs SPY

ACFO

BSPY

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$17,545IVV · SPY $17,493

Lowest cost0.03%IVV · $3 on $10k

Most income1.20%CFO · $120 on $10k

Smallest drop−7.1%CFO · worst fall in 1Y

Held in common37.9%CFO and SPY

CFO

SPY

VictoryShares US 500 Enhanced Volatility Wtd ETF · $410MState Street SPDR S&P 500 ETF · $778B

+14.7%3 years · per year$15,104 · $18,118+21.9%

+4.0%5 years · per year$12,147 · $17,493+11.8%

0.38%Expense ratio$38 · $9 on $10k · lower wins0.09%

1.20%12-mo yield$120 · $101 on $10k1.01%

−7.1%Worst dropSmaller wins−8.9%

11.2%VolatilityLower wins13.7%

3–3Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsCFO · SPY

0.5%BRK-B1.7%

0.4%PG0.6%

0.4%KO0.6%

0.4%COST0.7%

Held in common37.9%

End-of-day Nov 9, 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	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	ACFO	VictoryShares US 500 Enhanced Volatility Wtd ETFRead Desk	0.38%	1.20%	+2.2%	+13.5%	+16.4%	+14.7%	+4.0%	−7.1%	$410M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	ACFO	VictoryShares US 500 Enhanced Volatility Wtd ETFRead Desk	0.38%	1.20%	+2.2%	+13.5%	+16.4%	+14.7%	+4.0%	−7.1%	$410M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

CFO vs SPY

CFO

VictoryShares US 500 Enhanced Volatility Wtd

$12,147

SPY

SPDR S&P 500

$17,493

MeasureCFOSPY

Fee0.38%0.09%

Cost on $10k a year$38$9

Yield1.20%1.01%

5 years, per year+4.0%+11.8%

3 years, per year+14.7%+21.9%

Worst drop · 1Y−7.1%−8.9%

Volatility · 1Y11.2%13.7%

3–3measures won
level

37.9%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

VOO vs IVV

YTD

VanguardVOO

+11.3%

IVViShares

+11.3%

+11.3%Year to date+11.3%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: CFO, SPY, IVV

Today

99.9%most shared, SPY and IVV

CFOSPYIVV

CFO—37.9%37.9%

SPY37.9%—99.9%

IVV37.9%99.9%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$108most kept, IVV

IVV$111 − $3 = $108

SPY$101 − $9 = $92

CFO$120 − $38 = $82

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee