PAVE vs SPAM

APAVE

BSPAM

Measures won3–1PAVE wins · of 6 · 5Y

$10,000 · 5Y$36,298SMH · PAVE $19,862

Lowest cost0.35%SPAM · $35 on $10k

Most income0.81%PAVE · $81 on $10k

Smallest drop−15.3%PAVE · worst fall in 1Y

Held in common0.0%PAVE and SPAM

PAVE

SPAM

Global X - U.S. Infrastructure Development ETF · $13.0BThemes Cybersecurity ETF · $6M

+22.3%3 years · per year$18,295 · […][…]

+14.7%5 years · per year$19,862 · […][…]

0.47%Expense ratio$47 · $35 on $10k · lower wins0.35%

0.81%12-mo yield$81 · $35 on $10k0.34%

−15.3%Worst dropSmaller wins−20.7%

21.9%VolatilityLower wins33.4%

3–1PAVE wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPAVE · SPAM

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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	APAVE	Global X - U.S. Infrastructure Development ETFRead Desk	0.47%	0.81%	+4.3%	+11.8%	+12.8%	+22.3%	+14.7%	−15.3%	$13.0B
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	BSPAM	Themes Cybersecurity ETFRead Desk	0.35%	0.34%	+3.2%	+41.9%	+29.9%	new	new	−20.7%	$6M

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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	APAVE	Global X - U.S. Infrastructure Development ETFRead Desk	0.47%	0.81%	+4.3%	+11.8%	+12.8%	+22.3%	+14.7%	−15.3%	$13.0B
3	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.42%	+4.0%	+32.8%	+27.5%	+28.7%	+12.4%	−20.6%	$15.8B
4	BSPAM	Themes Cybersecurity ETFRead Desk	0.35%	0.34%	+3.2%	+41.9%	+29.9%	new	new	−20.7%	$6M

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

PAVE vs SPAM

PAVE

Global X - U.S. Infrastructure Development

$19,862

SPAM

Themes Cybersecurity

[…]

MeasurePAVESPAM

Fee0.47%0.35%

Cost on $10k a year$47$35

Yield0.81%0.34%

5 years, per year+14.7%[…]

3 years, per year+22.3%[…]

Worst drop · 1Y−15.3%−20.7%

Volatility · 1Y21.9%33.4%

3–1measures won
PAVE first

0.0%

holdings shared

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

SOXX vs SMH

YTD

iSharesSOXX

+46.5%

SMHVanEck

+35.3%

+46.5%Year to date+35.3%

0.33% · $33Fee · on $10k a year0.35% · $35

$37.5BAssets$60.7B

2–0SOXX wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026

Overlap: PAVE, SPAM, SMH, CIBR

Today

36.2%most shared, SPAM and CIBR

PAVESPAMSMHCIBR

PAVE—0.0%0.0%0.0%

SPAM0.0%—0.0%36.2%

SMH0.0%0.0%—5.7%

CIBR0.0%36.2%5.7%—

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

Income After Fees on $10,000

$34most kept, PAVE

PAVE$81 − $47 = $34

SPAM$35 − $35 = −$1

SMH$23 − $35 = −$12

CIBR$42 − $58 = −$16

KeptFee

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