FPAS vs GOVT

AFPAS

BGOVT

Measures won1–2GOVT wins · of 6 · 5Y

$10,000 · 5Y$12,090SGOV · GOVT $9,730

Lowest cost0.05%GOVT · $5 on $10k

Most income4.64%FPAS · $464 on $10k

Smallest drop0.0%SGOV · worst fall in 1Y

Held in common[…]FPAS and GOVT

FPAS

GOVT

FPA Short Duration Government ETF · $16MiShares U.S. Treasury Bond ETF · $43.3B

[…]3 years · per year[…] · $11,319+4.2%

[…]5 years · per year[…] · $9,730−0.5%

8.90%Expense ratio$890 · $5 on $10k · lower wins0.05%

4.64%12-mo yield$464 · $377 on $10k3.77%

−4.6%Worst dropSmaller wins−4.4%

3.7%VolatilityLower wins3.7%

1–2GOVT wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsFPAS · GOVT

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

Held in common[…]

End-of-day Nov 6, 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	SGOV	iShares 0-3 Month Treasury Bond ETFRead Desk	0.09%	3.63%	0.0%	+3.2%	+3.8%	+4.5%	+3.9%	0.0%	$116.5B
2	BGOVT	iShares U.S. Treasury Bond ETFRead Desk	0.05%	3.77%	−0.1%	−0.1%	+0.5%	+4.2%	−0.5%	−4.4%	$43.3B
3	AFPAS	FPA Short Duration Government ETFRead Desk	8.90%	4.64%	−0.1%	−0.9%	+0.1%	new	new	−4.6%	$16M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	SGOV	iShares 0-3 Month Treasury Bond ETFRead Desk	0.09%	3.63%	0.0%	+3.2%	+3.8%	+4.5%	+3.9%	0.0%	$116.5B
2	BGOVT	iShares U.S. Treasury Bond ETFRead Desk	0.05%	3.77%	−0.1%	−0.1%	+0.5%	+4.2%	−0.5%	−4.4%	$43.3B
3	AFPAS	FPA Short Duration Government ETFRead Desk	8.90%	4.64%	−0.1%	−0.9%	+0.1%	new	new	−4.6%	$16M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FPAS vs GOVT

FPAS

FPA Short Duration Government

[…]

GOVT

iShares U.S. Treasury Bond

$9,730

MeasureFPASGOVT

Fee8.90%0.05%

Cost on $10k a year$890$5

Yield4.64%3.77%

5 years, per year[…]−0.5%

3 years, per year[…]+4.2%

Worst drop · 1Y−4.6%−4.4%

Volatility · 1Y3.7%3.7%

2–1measures won
GOVT first

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SGOV vs BIL

YTD

iSharesSGOV

+3.2%

BILSPDR

+3.1%

+3.2%Year to date+3.1%

3.6%Yield3.7%

$117BAssets$48.3B

1–1level

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 6, 2026

Overlap: FPAS, GOVT, SGOV

Today

[…]holdings […]

FPASGOVTSGOV

FPAS—[…][…]

GOVT[…]—[…]

SGOV[…][…]—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$372most kept, GOVT

GOVT$377 − $5 = $372

SGOV$363 − $9 = $354

FPAS$464 − $890 = −$426

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee