IVOL vs SPY

AIVOL

BSPY

Measures won2–4SPY wins · of 6 · 5Y

$10,000 · 5Y$17,099SPY · IVOL $7,419

Lowest cost0.09%SPY · $9 on $10k

Most income3.84%IVOL · $384 on $10k

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

Held in common0.0%IVOL and SPY

IVOL

SPY

Quadratic Interest Rate Volatility and Inflation Hedge ETF · $214MState Street SPDR S&P 500 ETF · $805B

−3.4%3 years · per year$9,007 · $18,174+22.0%

−5.8%5 years · per year$7,419 · $17,099+11.3%

1.02%Expense ratio$102 · $9 on $10k · lower wins0.09%

3.84%12-mo yield$384 · $103 on $10k1.03%

−15.1%Worst dropSmaller wins−8.9%

7.8%VolatilityLower wins13.6%

2–4SPY wins

$10,000 · 5 yearsOne scale

Shared top holdingsIVOL · SPY

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

Held in common0.0%

End-of-day Nov 5, 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	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$804.8B
2	AIVOL	Quadratic Interest Rate Volatility and Inflation Hedge ETFRead Desk		1.02%	3.84%	+0.2%	−8.8%	−8.3%	−3.4%	−5.8%	−15.1%	$214M

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

Both

5Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$804.8B
2	AIVOL	Quadratic Interest Rate Volatility and Inflation Hedge ETFRead Desk		1.02%	3.84%	+0.2%	−8.8%	−8.3%	−3.4%	−5.8%	−15.1%	$214M

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

Cards for this view

IVOL vs SPY

IVOL

Quadratic Interest Rate Volatility and Inflation Hedge

$7,419

SPY

SPDR S&P 500

$17,099

MeasureIVOLSPY

Fee1.02%0.09%

Cost on $10k a year$102$9

Yield3.84%1.03%

5 years, per year−5.8%+11.3%

3 years, per year−3.4%+22.0%

Worst drop · 1Y−15.1%−8.9%

Volatility · 1Y7.8%13.6%

4–2measures won
SPY first

0.0%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$805B

2–0SPYM wins

End-of-day Nov 5, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.1BAssets$46.1B

2–0JEPQ wins

End-of-day Nov 5, 2026

Overlap: IVOL, SPY

Today

0.0%most shared, IVOL and SPY

IVOLSPY

IVOL—0.0%

SPY0.0%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$282most kept, IVOL

IVOL$384 − $102 = $282

SPY$103 − $9 = $94

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee