IVV vs CEFS

AIVV

BCEFS

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$18,118IVV · SPY $18,060

Lowest cost0.03%IVV · $3 on $10k

Most income7.35%CEFS · $735 on $10k

Smallest drop−6.0%CEFS · worst fall in 1Y

Held in common0.0%IVV and CEFS

IVV

CEFS

iShares Core S&P 500 ETF · $887BSaba Opportunistic Hedged Closed-End Funds ETF · $425M

+24.2%3 years · per year$19,178 · $18,496+22.8%

+12.6%5 years · per year$18,118 · $17,932+12.4%

0.03%Expense ratio$3 · $111 on $10k · lower wins1.11%

1.09%12-mo yield$109 · $735 on $10k7.35%

−8.9%Worst dropSmaller wins−6.0%

12.9%VolatilityLower wins11.9%

3–3Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsIVV · CEFS

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

Held in common0.0%

End-of-day Nov 4, 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	AIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.09%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$886.8B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$804.8B
3	BCEFS	Saba Opportunistic Hedged Closed-End Funds ETFRead Desk	1.11%	7.35%	−0.4%	+10.7%	+13.9%	+22.8%	+12.4%	−6.0%	$425M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	AIVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.09%	+1.6%	+13.4%	+13.5%	+24.2%	+12.6%	−8.9%	$886.8B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$804.8B
3	BCEFS	Saba Opportunistic Hedged Closed-End Funds ETFRead Desk	1.11%	7.35%	−0.4%	+10.7%	+13.9%	+22.8%	+12.4%	−6.0%	$425M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

IVV vs CEFS

IVV

iShares Core S&P 500

$18,118

CEFS

Saba Opportunistic Hedged Closed-End Funds

$17,932

MeasureIVVCEFS

Fee0.03%1.11%

Cost on $10k a year$3$111

Yield1.09%7.35%

5 years, per year+12.6%+12.4%

3 years, per year+24.2%+22.8%

Worst drop · 1Y−8.9%−6.0%

Volatility · 1Y12.9%11.9%

3–3measures won
level

0.0%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

VOO vs IVV

YTD

VanguardVOO

+13.4%

IVViShares

+13.4%

+13.4%Year to date+13.4%

1.1%Yield1.1%

$1.00TAssets$887B

0–0level

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

Overlap: IVV, CEFS, SPY

Today

99.9%most shared, IVV and SPY

IVVCEFSSPY

IVV—0.0%99.9%

CEFS0.0%—0.0%

SPY99.9%0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$624most kept, CEFS

CEFS$735 − $111 = $624

IVV$109 − $3 = $106

SPY$99 − $9 = $90

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee