FDFF vs PAVE

AFDFF

BPAVE

Measures won2–3PAVE wins · of 6 · 5Y

$10,000 · 5Y$36,298SMH · PAVE $19,862

Lowest cost0.35%SMH · $35 on $10k

Most income0.94%FDFF · $94 on $10k

Smallest drop−15.3%PAVE · worst fall in 1Y

Held in common0.0%FDFF and PAVE

FDFF

PAVE

Fidelity Disruptive Finance ETF · $44MGlobal X - U.S. Infrastructure Development ETF · $13.0B

+15.9%3 years · per year$15,555 · $18,295+22.3%

[…]5 years · per year[…] · $19,862+14.7%

0.50%Expense ratio$50 · $47 on $10k · lower wins0.47%

0.94%12-mo yield$94 · $81 on $10k0.81%

−18.1%Worst dropSmaller wins−15.3%

19.8%VolatilityLower wins21.9%

2–3PAVE wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsFDFF · PAVE

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

Held in common0.0%

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	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
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	AFDFF	Fidelity Disruptive Finance ETFRead Desk	0.50%	0.94%	+2.2%	+5.3%	+9.1%	+15.9%	new	−18.1%	$44M

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	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
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	AFDFF	Fidelity Disruptive Finance ETFRead Desk	0.50%	0.94%	+2.2%	+5.3%	+9.1%	+15.9%	new	−18.1%	$44M

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

FDFF vs PAVE

FDFF

Fidelity Disruptive Finance

[…]

PAVE

Global X - U.S. Infrastructure Development

$19,862

MeasureFDFFPAVE

Fee0.50%0.47%

Cost on $10k a year$50$47

Yield0.94%0.81%

5 years, per year[…]+14.7%

3 years, per year+15.9%+22.3%

Worst drop · 1Y−18.1%−15.3%

Volatility · 1Y19.8%21.9%

3–2measures won
PAVE first

0.0%

holdings shared

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

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

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

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

Overlap: FDFF, PAVE, SMH, CIBR

Today

5.7%most shared, SMH and CIBR

FDFFPAVESMHCIBR

FDFF—0.0%0.0%0.0%

PAVE0.0%—0.0%0.0%

SMH0.0%0.0%—5.7%

CIBR0.0%0.0%5.7%—

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

Income After Fees on $10,000

$44most kept, FDFF

FDFF$94 − $50 = $44

PAVE$81 − $47 = $34

SMH$23 − $35 = −$12

CIBR$42 − $58 = −$16

KeptFee

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