PAPI vs SCHD

APAPI

BSCHD

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$18,060SPY · VIG $17,005

Lowest cost0.04%VIG · $4 on $10k

Most income7.19%PAPI · $719 on $10k

Smallest drop−6.9%PAPI · worst fall in 1Y

Held in common17.4%PAPI and SCHD

PAPI

SCHD

Parametric Equity Premium Income ETF · $553MSchwab U.S. Dividend Equity ETF · $121B

+14.1%3 years · per year$14,871 · $17,908+21.4%

[…]5 years · per year[…] · $16,881+11.0%

0.29%Expense ratio$29 · $6 on $10k · lower wins0.06%

7.19%12-mo yield$719 · $291 on $10k2.91%

−6.9%Worst dropSmaller wins−6.9%

10.2%VolatilityLower wins11.5%

2–2Level

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPAPI · SCHD

0.6%TXN4.8%

0.5%UPS1.9%

0.5%CMCSA2.0%

0.5%HD4.1%

Held in common17.4%

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 Four

5Y4 funds

#
1	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%	$798.0B
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.44%	+2.1%	+16.4%	+18.9%	+20.6%	+11.2%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$121.5B
4	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.19%	+1.9%	+19.3%	+23.4%	+14.1%	new	−6.9%	$553M

End-of-day Nov 4, 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%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$798.0B
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.44%	+2.1%	+16.4%	+18.9%	+20.6%	+11.2%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$121.5B
4	APAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.19%	+1.9%	+19.3%	+23.4%	+14.1%	new	−6.9%	$553M

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

PAPI vs SCHD

PAPI

Parametric Equity Premium Income

[…]

SCHD

Schwab U.S. Dividend Equity

$16,881

MeasurePAPISCHD

Fee0.29%0.06%

Cost on $10k a year$29$6

Yield7.19%2.91%

5 years, per year[…]+11.0%

3 years, per year+14.1%+21.4%

Worst drop · 1Y−6.9%−6.9%

Volatility · 1Y10.2%11.5%

2–2measures won
level

17.4%

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%

$185BAssets$798B

1–0SPYM wins

End-of-day Nov 4, 2026

DGRO vs VIG

YTD

iSharesDGRO

+20.6%

VIGVanguard

+16.4%

+20.6%Year to date+16.4%

1.8%Yield1.4%

$45.1BAssets$109B

2–0DGRO wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$41.8BAssets$46.0B

1–1level

End-of-day Nov 4, 2026

Overlap: PAPI, SCHD, SPY, VIG

Today

42.5%most shared, SPY and VIG

PAPISCHDSPYVIG

PAPI—17.4%17.3%16.8%

SCHD17.4%—8.4%14.5%

SPY17.3%8.4%—42.5%

VIG16.8%14.5%42.5%—

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

Income After Fees on $10,000

$690most kept, PAPI

PAPI$719 − $29 = $690

SCHD$291 − $6 = $285

VIG$144 − $4 = $140

SPY$99 − $9 = $90

KeptFee

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