FQAL vs USMV

AFQAL

BUSMV

Measures won2–3USMV wins · of 6 · 5Y

$10,000 · 5Y$17,195FQAL · USMV $14,754

Lowest cost0.15%FQAL · $15 on $10k

Most income1.35%USMV · $135 on $10k

Smallest drop−6.5%USMV · worst fall in 1Y

Held in common32.9%FQAL and USMV

FQAL

USMV

Fidelity Quality Factor ETF · $1.4BiShares MSCI USA Min Vol Factor ETF · $24.5B

+22.4%3 years · per year$18,343 · $15,388+15.5%

+11.5%5 years · per year$17,195 · $14,754+8.1%

0.15%Expense ratio$15 · $15 on $10k · lower wins0.15%

1.14%12-mo yield$114 · $135 on $10k1.35%

−8.4%Worst dropSmaller wins−6.5%

11.5%VolatilityLower wins8.7%

2–3USMV wins

$10,000 · 5 yearsOne scale

Shared top holdingsFQAL · USMV

6.2%MSFT1.6%

7.7%NVDA1.4%

1.4%MA1.4%

1.3%JNJ1.4%

Held in common32.9%

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	AFQAL	Fidelity Quality Factor ETFRead Desk		0.15%	1.14%	+1.6%	+13.1%	+14.0%	+22.4%	+11.5%	−8.4%	$1.4B
2	BUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk		0.15%	1.35%	+1.7%	+12.1%	+14.3%	+15.5%	+8.1%	−6.5%	$24.5B

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	AFQAL	Fidelity Quality Factor ETFRead Desk		0.15%	1.14%	+1.6%	+13.1%	+14.0%	+22.4%	+11.5%	−8.4%	$1.4B
2	BUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk		0.15%	1.35%	+1.7%	+12.1%	+14.3%	+15.5%	+8.1%	−6.5%	$24.5B

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

FQAL vs USMV

FQAL

Fidelity Quality Factor

$17,195

USMV

iShares MSCI USA Min Vol Factor

$14,754

MeasureFQALUSMV

Fee0.15%0.15%

Cost on $10k a year$15$15

Yield1.14%1.35%

5 years, per year+11.5%+8.1%

3 years, per year+22.4%+15.5%

Worst drop · 1Y−8.4%−6.5%

Volatility · 1Y11.5%8.7%

3–2measures won
USMV first

32.9%

holdings shared

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

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$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%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

Overlap: FQAL, USMV

Today

32.9%most shared, FQAL and USMV

FQALUSMV

FQAL—32.9%

USMV32.9%—

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

Income After Fees on $10,000

$120most kept, USMV

USMV$135 − $15 = $120

FQAL$114 − $15 = $99

KeptFee

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