IPOS vs SPY

AIPOS

BSPY

Measures won0–6SPY wins · of 6 · 5Y

$10,000 · 5Y$17,493SPY · VEA $15,497

Lowest cost0.03%VEA · $3 on $10k

Most income2.44%VEA · $244 on $10k

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

Held in common0.0%IPOS and SPY

IPOS

SPY

Renaissance International IPO ETF · $9MState Street SPDR S&P 500 ETF · $778B

+11.6%3 years · per year$13,898 · $18,118+21.9%

−9.0%5 years · per year$6,236 · $17,493+11.8%

0.80%Expense ratio$80 · $9 on $10k · lower wins0.09%

0.81%12-mo yield$81 · $101 on $10k1.01%

−33.2%Worst dropSmaller wins−8.9%

35.8%VolatilityLower wins13.7%

0–6SPY wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsIPOS · SPY

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

Held in common0.0%

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.42%	+2.9%	+11.4%	+12.8%	+19.8%	+6.4%	−17.8%	$146.1B
4	AIPOS	Renaissance International IPO ETFRead Desk	0.80%	0.81%	+2.1%	+5.9%	+4.0%	+11.6%	−9.0%	−33.2%	$9M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.42%	+2.9%	+11.4%	+12.8%	+19.8%	+6.4%	−17.8%	$146.1B
4	AIPOS	Renaissance International IPO ETFRead Desk	0.80%	0.81%	+2.1%	+5.9%	+4.0%	+11.6%	−9.0%	−33.2%	$9M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

IPOS vs SPY

IPOS

Renaissance International IPO

$6,236

SPY

SPDR S&P 500

$17,493

MeasureIPOSSPY

Fee0.80%0.09%

Cost on $10k a year$80$9

Yield0.81%1.01%

5 years, per year−9.0%+11.8%

3 years, per year+11.6%+21.9%

Worst drop · 1Y−33.2%−8.9%

Volatility · 1Y35.8%13.7%

6–0measures won
SPY first

0.0%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

VEA vs IEFA

YTD

VanguardVEA

+12.9%

IEFAiShares

+11.1%

+12.9%Year to date+11.1%

2.4%Yield3.4%

$232BAssets$193B

1–1level

End-of-day Nov 9, 2026

VWO vs IEMG

YTD

VanguardVWO

+5.6%

IEMGiShares

+11.4%

+5.6%Year to date+11.4%

2.2%Yield2.4%

$125BAssets$146B

2–0IEMG wins

End-of-day Nov 9, 2026

Overlap: IPOS, SPY, IEMG, VEA

Today

9.5%most shared, IEMG and VEA

IPOSSPYIEMGVEA

IPOS—0.0%0.0%0.0%

SPY0.0%—0.0%0.0%

IEMG0.0%0.0%—9.5%

VEA0.0%0.0%9.5%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$241most kept, VEA

VEA$244 − $3 = $241

IEMG$242 − $9 = $233

SPY$101 − $9 = $92

IPOS$81 − $80 = $1

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee