EMLP vs PAVE

AEMLP

BPAVE

Measures won4–2EMLP wins · of 6 · 5Y

$10,000 · 5Y$36,298SMH · EMLP $20,280

Lowest cost0.03%VOO · $3 on $10k

Most income2.82%EMLP · $282 on $10k

Smallest drop−7.9%EMLP · worst fall in 1Y

Held in common4.3%EMLP and PAVE

EMLP

PAVE

First Trust North American Energy Infrastructure Fund · $4.1BGlobal X - U.S. Infrastructure Development ETF · $13.0B

+20.7%3 years · per year$17,565 · $18,295+22.3%

+15.2%5 years · per year$20,280 · $19,862+14.7%

0.95%Expense ratio$95 · $47 on $10k · lower wins0.47%

2.82%12-mo yield$282 · $81 on $10k0.81%

−7.9%Worst dropSmaller wins−15.3%

11.2%VolatilityLower wins21.9%

4–2EMLP wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsEMLP · PAVE

2.0%SRE2.9%

1.0%J1.1%

1.3%TTEK0.7%

0.5%MTZ0.8%

Held in common4.3%

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 Four

5Y4 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	AEMLP	First Trust North American Energy Infrastructure FundRead Desk	0.95%	2.82%	+1.0%	+17.2%	+18.4%	+20.7%	+15.2%	−7.9%	$4.1B
3	BPAVE	Global X - U.S. Infrastructure Development ETFRead Desk	0.47%	0.81%	+4.3%	+11.8%	+12.8%	+22.3%	+14.7%	−15.3%	$13.0B
4	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T

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

All Four

5Y4 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	AEMLP	First Trust North American Energy Infrastructure FundRead Desk	0.95%	2.82%	+1.0%	+17.2%	+18.4%	+20.7%	+15.2%	−7.9%	$4.1B
3	BPAVE	Global X - U.S. Infrastructure Development ETFRead Desk	0.47%	0.81%	+4.3%	+11.8%	+12.8%	+22.3%	+14.7%	−15.3%	$13.0B
4	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T

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

EMLP vs PAVE

EMLP

First Trust North American Energy Infrastructure Fund

$20,280

PAVE

Global X - U.S. Infrastructure Development

$19,862

MeasureEMLPPAVE

Fee0.95%0.47%

Cost on $10k a year$95$47

Yield2.82%0.81%

5 years, per year+15.2%+14.7%

3 years, per year+20.7%+22.3%

Worst drop · 1Y−7.9%−15.3%

Volatility · 1Y11.2%21.9%

4–2measures won
EMLP first

4.3%

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

SOXX vs SMH

YTD

iSharesSOXX

+46.5%

SMHVanEck

+35.3%

+46.5%Year to date+35.3%

0.33% · $33Fee · on $10k a year0.35% · $35

$39.1BAssets$60.7B

2–0SOXX wins

End-of-day Nov 9, 2026

VOO vs IVV

YTD

VanguardVOO

+11.3%

IVViShares

+8.7%

+11.3%Year to date+8.7%

1.1%Yield1.1%

$1.00TAssets$853B

1–0VOO wins

End-of-day Nov 9, 2026

Overlap: EMLP, PAVE, VOO, SMH

Today

18.8%most shared, VOO and SMH

EMLPPAVEVOOSMH

EMLP—4.3%2.3%0.0%

PAVE4.3%—2.6%0.0%

VOO2.3%2.6%—18.8%

SMH0.0%0.0%18.8%—

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

Income After Fees on $10,000

$187most kept, EMLP

EMLP$282 − $95 = $187

VOO$107 − $3 = $104

PAVE$81 − $47 = $34

SMH$23 − $35 = −$12

KeptFee

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