IPO vs SMH

AIPO

BSMH

Measures won2–4SMH wins · of 6 · 5Y

$10,000 · 5Y$34,950SMH · SOXX $26,892

Lowest cost0.33%SOXX · $33 on $10k

Most income0.76%SOXX · $76 on $10k

Smallest drop−26.9%IPO · worst fall in 1Y

Held in common4.8%IPO and SMH

IPO

SMH

Renaissance IPO ETF · $122MVanEck Semiconductor ETF · $60.7B

+15.3%3 years · per year$15,340 · $33,022+48.9%

−7.9%5 years · per year$6,641 · $34,950+28.4%

0.60%Expense ratio$60 · $35 on $10k · lower wins0.35%

0.14%12-mo yield$14 · $24 on $10k0.24%

−26.9%Worst dropSmaller wins−33.1%

34.2%VolatilityLower wins42.9%

2–4SMH wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsIPO · SMH

7.8%SKHY4.0%

7.4%ALAB0.8%

Held in common4.8%

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	BSMH	VanEck Semiconductor ETFRead Desk	0.35%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$60.7B
2	SOXX	iShares Semiconductor ETFRead Desk	0.33%	0.76%	+3.5%	+36.2%	+34.5%	+40.3%	+21.9%	−39.5%	$39.1B
3	AIPO	Renaissance IPO ETFRead Desk	0.60%	0.14%	+3.7%	−1.0%	−5.7%	+15.3%	−7.9%	−26.9%	$122M

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	BSMH	VanEck Semiconductor ETFRead Desk	0.35%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$60.7B
2	SOXX	iShares Semiconductor ETFRead Desk	0.33%	0.76%	+3.5%	+36.2%	+34.5%	+40.3%	+21.9%	−39.5%	$39.1B
3	AIPO	Renaissance IPO ETFRead Desk	0.60%	0.14%	+3.7%	−1.0%	−5.7%	+15.3%	−7.9%	−26.9%	$122M

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

IPO vs SMH

IPO

Renaissance IPO

$6,641

SMH

VanEck Semiconductor

$34,950

MeasureIPOSMH

Fee0.60%0.35%

Cost on $10k a year$60$35

Yield0.14%0.24%

5 years, per year−7.9%+28.4%

3 years, per year+15.3%+48.9%

Worst drop · 1Y−26.9%−33.1%

Volatility · 1Y34.2%42.9%

4–2measures won
SMH first

4.8%

holdings shared

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

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

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

Overlap: IPO, SMH, SOXX

Today

69.6%most shared, SMH and SOXX

IPOSMHSOXX

IPO—4.8%5.4%

SMH4.8%—69.6%

SOXX5.4%69.6%—

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

Income After Fees on $10,000

$43most kept, SOXX

SOXX$76 − $33 = $43

SMH$24 − $35 = −$11

IPO$14 − $60 = −$46

KeptFee

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