FPAS vs SPY

AFPAS

BSPY

Measures won3–1FPAS wins · of 6 · 5Y

$10,000 · 5Y$18,060SPY

Lowest cost0.09%SPY · $9 on $10k

Most income4.66%FPAS · $466 on $10k

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

Held in common[…]FPAS and SPY

FPAS

SPY

FPA Short Duration Government ETF · $16MState Street SPDR S&P 500 ETF · $798B

[…]3 years · per year[…] · $19,132+24.1%

[…]5 years · per year[…] · $18,060+12.6%

8.90%Expense ratio$890 · $9 on $10k · lower wins0.09%

4.66%12-mo yield$466 · $99 on $10k0.99%

−4.6%Worst dropSmaller wins−8.9%

3.7%VolatilityLower wins12.9%

3–1FPAS wins

$10,000 · 5 yearsOne scale

Shared top holdingsFPAS · SPY

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

Held in common[…]

End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$798.0B
2	AFPAS	FPA Short Duration Government ETFRead Desk		8.90%	4.66%	+0.1%	−1.2%	−0.4%	new	new	−4.6%	$16M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$798.0B
2	AFPAS	FPA Short Duration Government ETFRead Desk		8.90%	4.66%	+0.1%	−1.2%	−0.4%	new	new	−4.6%	$16M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FPAS vs SPY

FPAS

FPA Short Duration Government

[…]

SPY

SPDR S&P 500

$18,060

MeasureFPASSPY

Fee8.90%0.09%

Cost on $10k a year$890$9

Yield4.66%0.99%

5 years, per year[…]+12.6%

3 years, per year[…]+24.1%

Worst drop · 1Y−4.6%−8.9%

Volatility · 1Y3.7%12.9%

3–1measures won
FPAS first

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$185BAssets$798B

1–0SPYM wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$41.8BAssets$46.0B

1–1level

End-of-day Nov 4, 2026

Overlap: FPAS, SPY

Today

[…]holdings […]

FPASSPY

FPAS—[…]

SPY[…]—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$90most kept, SPY

SPY$99 − $9 = $90

FPAS$466 − $890 = −$424

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee