PIO vs BOAT

APIO

BBOAT

Measures won2–4BOAT wins · of 6 · 5Y

$10,000 · 5Y$29,133BOAT · VEA $15,497

Lowest cost0.03%VEA · $3 on $10k

Most income6.47%BOAT · $647 on $10k

Smallest drop−11.3%VXUS · worst fall in 1Y

Held in common0.0%PIO and BOAT

PIO

BOAT

Invesco Global Water ETF · $268MSonicShares Global Shipping ETF · $146M

+12.5%3 years · per year$14,231 · $21,748+29.6%

+2.7%5 years · per year$11,452 · $29,133+23.8%

0.75%Expense ratio$75 · $69 on $10k · lower wins0.69%

0.85%12-mo yield$85 · $647 on $10k6.47%

−13.1%Worst dropSmaller wins−14.8%

17.0%VolatilityLower wins22.6%

2–4BOAT wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIO · BOAT

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	BBOAT	SonicShares Global Shipping ETFRead Desk	0.69%	6.47%	−0.5%	+56.8%	+59.4%	+29.6%	+23.8%	−14.8%	$146M
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	VXUS	Vanguard Total International Stock ETFRead Desk	0.05%	2.39%	+2.8%	+11.1%	+15.3%	+19.5%	+8.1%	−11.3%	$163.2B
4	APIO	Invesco Global Water ETFRead Desk	0.75%	0.85%	+3.4%	+4.3%	+2.3%	+12.5%	+2.7%	−13.1%	$268M

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	BBOAT	SonicShares Global Shipping ETFRead Desk	0.69%	6.47%	−0.5%	+56.8%	+59.4%	+29.6%	+23.8%	−14.8%	$146M
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	VXUS	Vanguard Total International Stock ETFRead Desk	0.05%	2.39%	+2.8%	+11.1%	+15.3%	+19.5%	+8.1%	−11.3%	$163.2B
4	APIO	Invesco Global Water ETFRead Desk	0.75%	0.85%	+3.4%	+4.3%	+2.3%	+12.5%	+2.7%	−13.1%	$268M

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

PIO vs BOAT

PIO

Invesco Global Water

$11,452

BOAT

SonicShares Global Shipping

$29,133

MeasurePIOBOAT

Fee0.75%0.69%

Cost on $10k a year$75$69

Yield0.85%6.47%

5 years, per year+2.7%+23.8%

3 years, per year+12.5%+29.6%

Worst drop · 1Y−13.1%−14.8%

Volatility · 1Y17.0%22.6%

4–2measures won
BOAT first

0.0%

holdings shared

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

VXUS vs IXUS

YTD

VanguardVXUS

+11.1%

IXUSiShares

+11.5%

+11.1%Year to date+11.5%

2.4%Yield3.0%

$163BAssets$56.4B

2–0IXUS wins

End-of-day Nov 9, 2026

VEA vs IEFA

YTD

VanguardVEA

+12.9%

IEFAiShares

+11.1%

+12.9%Year to date+11.1%

2.4%Yield3.4%

$232BAssets$187B

1–1level

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%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: PIO, BOAT, VEA, VXUS

Today

65.4%most shared, VEA and VXUS

PIOBOATVEAVXUS

PIO—0.0%0.4%0.3%

BOAT0.0%—0.2%0.1%

VEA0.4%0.2%—65.4%

VXUS0.3%0.1%65.4%—

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

Income After Fees on $10,000

$578most kept, BOAT

BOAT$647 − $69 = $578

VEA$244 − $3 = $241

VXUS$239 − $5 = $234

PIO$85 − $75 = $10

KeptFee

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