PAPI vs DGRO

APAPI

BDGRO

Measures won1–4DGRO wins · of 6 · 5Y

$10,000 · 5Y$17,118SPY · DGRO $16,835

Lowest cost0.03%VTI · $3 on $10k

Most income7.31%PAPI · $731 on $10k

Smallest drop−6.5%DGRO · worst fall in 1Y

Held in common21.7%PAPI and DGRO

PAPI

DGRO

Parametric Equity Premium Income ETF · $561MiShares Core Dividend Growth ETF · $44.9B

+13.3%3 years · per year$14,556 · $17,593+20.7%

[…]5 years · per year[…] · $16,835+11.0%

0.29%Expense ratio$29 · $8 on $10k · lower wins0.08%

7.31%12-mo yield$731 · $187 on $10k1.87%

−6.9%Worst dropSmaller wins−6.5%

10.4%VolatilityLower wins10.2%

1–4DGRO wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPAPI · DGRO

0.6%MCD1.3%

0.6%HD2.2%

0.5%GILD1.0%

0.5%PEP1.8%

Held in common21.7%

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 Four

5Y4 funds

#
1	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	BDGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.87%	−0.6%	+16.6%	+20.3%	+20.7%	+11.0%	−6.5%	$44.9B
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
4	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$561M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	BDGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.87%	−0.6%	+16.6%	+20.3%	+20.7%	+11.0%	−6.5%	$44.9B
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
4	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$561M

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

PAPI vs DGRO

PAPI

Parametric Equity Premium Income

[…]

DGRO

iShares Core Dividend Growth

$16,835

MeasurePAPIDGRO

Fee0.29%0.08%

Cost on $10k a year$29$8

Yield7.31%1.87%

5 years, per year[…]+11.0%

3 years, per year+13.3%+20.7%

Worst drop · 1Y−6.9%−6.5%

Volatility · 1Y10.4%10.2%

4–1measures won
DGRO first

21.7%

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

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

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$92.8B

2–0VTI wins

End-of-day Nov 6, 2026

Overlap: PAPI, DGRO, SPY, VTI

Today

85.5%most shared, SPY and VTI

PAPIDGROSPYVTI

PAPI—21.7%17.5%15.8%

DGRO21.7%—44.0%39.2%

SPY17.5%44.0%—85.5%

VTI15.8%39.2%85.5%—

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

Income After Fees on $10,000

$702most kept, PAPI

PAPI$731 − $29 = $702

DGRO$187 − $8 = $179

VTI$109 − $3 = $106

SPY$103 − $9 = $94

KeptFee

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