FVAL vs SPY

AFVAL

BSPY

Measures won3–2FVAL wins · of 6 · 5Y

$10,000 · 5Y$17,544FVAL · SPY $17,118

Lowest cost0.03%VTI · $3 on $10k

Most income1.53%FVAL · $153 on $10k

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

Held in common56.0%FVAL and SPY

FVAL

SPY

Fidelity Value Factor ETF · $1.4BState Street SPDR S&P 500 ETF · $778B

+21.6%3 years · per year$17,983 · $18,039+21.7%

+11.9%5 years · per year$17,544 · $17,118+11.3%

0.15%Expense ratio$15 · $9 on $10k · lower wins0.09%

1.53%12-mo yield$153 · $103 on $10k1.03%

−8.9%Worst dropSmaller wins−8.9%

12.4%VolatilityLower wins13.6%

3–2FVAL wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsFVAL · SPY

8.1%AAPL7.9%

6.9%NVDA6.9%

6.5%MSFT6.3%

3.7%AMZN4.0%

Held in common56.0%

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	AFVAL	Fidelity Value Factor ETFRead Desk	0.15%	1.53%	−0.2%	+12.4%	+16.0%	+21.6%	+11.9%	−8.9%	$1.4B
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%	$777.7B
3	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.09%	+0.4%	+8.9%	+9.9%	+21.7%	+10.4%	−8.9%	$689.2B

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	AFVAL	Fidelity Value Factor ETFRead Desk	0.15%	1.53%	−0.2%	+12.4%	+16.0%	+21.6%	+11.9%	−8.9%	$1.4B
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%	$777.7B
3	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.09%	+0.4%	+8.9%	+9.9%	+21.7%	+10.4%	−8.9%	$689.2B

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

FVAL vs SPY

FVAL

Fidelity Value Factor

$17,544

SPY

SPDR S&P 500

$17,118

MeasureFVALSPY

Fee0.15%0.09%

Cost on $10k a year$15$9

Yield1.53%1.03%

5 years, per year+11.9%+11.3%

3 years, per year+21.6%+21.7%

Worst drop · 1Y−8.9%−8.9%

Volatility · 1Y12.4%13.6%

3–2measures won
FVAL first

56.0%

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%

$178BAssets$778B

2–0SPYM wins

End-of-day Nov 6, 2026

VTI vs ITOT

YTD

VanguardVTI

+8.9%

ITOTiShares

+8.8%

+8.9%Year to date+8.8%

1.1%Yield1.0%

$689BAssets$93.2B

2–0VTI wins

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: FVAL, SPY, VTI

Today

85.5%most shared, SPY and VTI

FVALSPYVTI

FVAL—56.0%49.9%

SPY56.0%—85.5%

VTI49.9%85.5%—

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

Income After Fees on $10,000

$138most kept, FVAL

FVAL$153 − $15 = $138

VTI$109 − $3 = $106

SPY$103 − $9 = $94

KeptFee

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