PIO vs EFA

APIO

BEFA

Measures won0–6EFA wins · of 6 · 5Y

$10,000 · 5Y$14,818EFA · IEMG $13,373

Lowest cost0.09%IEMG · $9 on $10k

Most income3.30%EFA · $330 on $10k

Smallest drop−11.4%EFA · worst fall in 1Y

Held in common0.6%PIO and EFA

PIO

EFA

Invesco Global Water ETF · $268MiShares MSCI EAFE ETF · $75.5B

+12.3%3 years · per year$14,166 · $16,576+18.3%

+2.2%5 years · per year$11,137 · $14,818+8.2%

0.75%Expense ratio$75 · $32 on $10k · lower wins0.32%

0.88%12-mo yield$88 · $330 on $10k3.30%

−13.1%Worst dropSmaller wins−11.4%

16.7%VolatilityLower wins16.3%

0–6EFA wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPIO · EFA

3.9%GEBN.SW0.1%

4.0%VIE.PA0.1%

3.4%HLMA.L0.1%

2.3%UU.L0.1%

Held in common0.6%

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 Three

5Y3 funds

#
1	BEFA	iShares MSCI EAFE ETFRead Desk	0.32%	3.30%	−0.8%	+7.8%	+11.9%	+18.3%	+8.2%	−11.4%	$75.5B
2	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.49%	+2.1%	+8.3%	+8.8%	+19.3%	+6.0%	−17.8%	$142.1B
3	APIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−0.1%	+0.8%	−1.3%	+12.3%	+2.2%	−13.1%	$268M

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

All Three

5Y3 funds

#
1	BEFA	iShares MSCI EAFE ETFRead Desk	0.32%	3.30%	−0.8%	+7.8%	+11.9%	+18.3%	+8.2%	−11.4%	$75.5B
2	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.49%	+2.1%	+8.3%	+8.8%	+19.3%	+6.0%	−17.8%	$142.1B
3	APIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−0.1%	+0.8%	−1.3%	+12.3%	+2.2%	−13.1%	$268M

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

PIO vs EFA

PIO

Invesco Global Water

$11,137

EFA

iShares MSCI EAFE

$14,818

MeasurePIOEFA

Fee0.75%0.32%

Cost on $10k a year$75$32

Yield0.88%3.30%

5 years, per year+2.2%+8.2%

3 years, per year+12.3%+18.3%

Worst drop · 1Y−13.1%−11.4%

Volatility · 1Y16.7%16.3%

6–0measures won
EFA first

0.6%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

VWO vs IEMG

YTD

VanguardVWO

+3.2%

IEMGiShares

+8.3%

+3.2%Year to date+8.3%

2.2%Yield2.5%

$125BAssets$142B

2–0IEMG wins

End-of-day Nov 6, 2026

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

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 6, 2026

Overlap: PIO, EFA, IEMG

Today

0.6%most shared, PIO and EFA

PIOEFAIEMG

PIO—0.6%0.2%

EFA0.6%—0.0%

IEMG0.2%0.0%—

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

Income After Fees on $10,000

$298most kept, EFA

EFA$330 − $32 = $298

IEMG$249 − $9 = $240

PIO$88 − $75 = $13

KeptFee

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