DFNM vs SPYM

ADFNM

BSPYM

Measures won3–2DFNM wins · of 6 · 5Y

$10,000 · 5Y$17,749SPYM · SPY $17,688

Lowest cost0.02%SPYM · $2 on $10k

Most income3.02%DFNM · $302 on $10k

Smallest drop−4.6%DFNM · worst fall in 1Y

Held in common[…]DFNM and SPYM

DFNM

SPYM

Dimensional - National Municipal Bond ETF · $2.3BState Street SPDR Portfolio S&P 500 ETF · $185B

+3.7%3 years · per year$11,138 · $19,092+24.1%

[…]5 years · per year[…] · $17,749+12.2%

0.18%Expense ratio$18 · $2 on $10k · lower wins0.02%

3.02%12-mo yield$302 · $103 on $10k1.03%

−4.6%Worst dropSmaller wins−8.9%

2.3%VolatilityLower wins12.7%

3–2DFNM wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsDFNM · SPYM

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

Held in common[…]

End-of-day Nov 3, 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	BSPYM	State Street SPDR Portfolio S&P 500 ETFRead Desk	0.02%	1.03%	+0.3%	+11.5%	+11.9%	+24.1%	+12.2%	−8.9%	$185.3B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+0.3%	+11.5%	+11.8%	+24.0%	+12.1%	−8.9%	$798.0B
3	ADFNM	Dimensional - National Municipal Bond ETFRead Desk	0.18%	3.02%	+0.1%	+0.4%	+1.0%	+3.7%	new	−4.6%	$2.3B

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

All Three

5Y3 funds

#
1	BSPYM	State Street SPDR Portfolio S&P 500 ETFRead Desk	0.02%	1.03%	+0.3%	+11.5%	+11.9%	+24.1%	+12.2%	−8.9%	$185.3B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+0.3%	+11.5%	+11.8%	+24.0%	+12.1%	−8.9%	$798.0B
3	ADFNM	Dimensional - National Municipal Bond ETFRead Desk	0.18%	3.02%	+0.1%	+0.4%	+1.0%	+3.7%	new	−4.6%	$2.3B

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

Cards for this view

DFNM vs SPYM

DFNM

Dimensional - National Municipal Bond

[…]

SPYM

SPDR Portfolio S&P 500

$17,749

MeasureDFNMSPYM

Fee0.18%0.02%

Cost on $10k a year$18$2

Yield3.02%1.03%

5 years, per year[…]+12.2%

3 years, per year+3.7%+24.1%

Worst drop · 1Y−4.6%−8.9%

Volatility · 1Y2.3%12.7%

3–2measures won
DFNM first

Nov 3, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+32.8%

VIGVanguard

+14.0%

+32.8%Year to date+14.0%

3.0%Yield1.5%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 3, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026

Overlap: DFNM, SPYM, SPY

Today

99.9%most shared, SPYM and SPY

DFNMSPYMSPY

DFNM—[…][…]

SPYM[…]—99.9%

SPY[…]99.9%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$284most kept, DFNM

DFNM$302 − $18 = $284

SPYM$103 − $2 = $101

SPY$101 − $9 = $92

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee