FRI vs SPY

AFRI

BSPY

Measures won1–5SPY wins · of 6 · 5Y

$10,000 · 5Y$17,177IVV · SPY $17,118

Lowest cost0.03%IVV · $3 on $10k

Most income2.57%FRI · $257 on $10k

Smallest drop−8.9%SPY · worst fall in 1Y

Held in common1.6%FRI and SPY

FRI

SPY

First Trust S&P REIT Index Fund · $209MState Street SPDR S&P 500 ETF · $819B

+15.6%3 years · per year$15,457 · $18,039+21.7%

+3.4%5 years · per year$11,821 · $17,118+11.3%

0.51%Expense ratio$51 · $9 on $10k · lower wins0.09%

2.57%12-mo yield$257 · $103 on $10k1.03%

−12.1%Worst dropSmaller wins−8.9%

13.7%VolatilityLower wins13.6%

1–5SPY wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsFRI · SPY

12.9%WELL0.3%

8.9%PLD0.2%

4.5%EQIX0.2%

4.6%SPG0.1%

Held in common1.6%

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	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
3	AFRI	First Trust S&P REIT Index FundRead Desk	0.51%	2.57%	−0.3%	+15.7%	+15.4%	+15.6%	+3.4%	−12.1%	$209M

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	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
3	AFRI	First Trust S&P REIT Index FundRead Desk	0.51%	2.57%	−0.3%	+15.7%	+15.4%	+15.6%	+3.4%	−12.1%	$209M

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

FRI vs SPY

FRI

First Trust S&P REIT Index Fund

$11,821

SPY

SPDR S&P 500

$17,118

MeasureFRISPY

Fee0.51%0.09%

Cost on $10k a year$51$9

Yield2.57%1.03%

5 years, per year+3.4%+11.3%

3 years, per year+15.6%+21.7%

Worst drop · 1Y−12.1%−8.9%

Volatility · 1Y13.7%13.6%

5–1measures won
SPY first

1.6%

holdings shared

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

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

VOO vs IVV

YTD

VanguardVOO

+8.7%

IVViShares

+8.7%

+8.7%Year to date+8.7%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

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

Overlap: FRI, SPY, IVV

Today

99.9%most shared, SPY and IVV

FRISPYIVV

FRI—1.6%1.6%

SPY1.6%—99.9%

IVV1.6%99.9%—

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

Income After Fees on $10,000

$206most kept, FRI

FRI$257 − $51 = $206

IVV$114 − $3 = $111

SPY$103 − $9 = $94

KeptFee

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