PIO vs SPY

APIO

BSPY

Measures won0–6SPY wins · of 6 · 5Y

$10,000 · 5Y$17,156VOO · SPY $17,099

Lowest cost0.03%VOO · $3 on $10k

Most income1.10%VOO · $110 on $10k

Smallest drop−8.9%SPY · worst fall in 1Y

Held in common0.7%PIO and SPY

PIO

SPY

Invesco Global Water ETF · $277MState Street SPDR S&P 500 ETF · $819B

+12.6%3 years · per year$14,263 · $18,174+22.0%

+2.1%5 years · per year$11,107 · $17,099+11.3%

0.75%Expense ratio$75 · $9 on $10k · lower wins0.09%

0.88%12-mo yield$88 · $103 on $10k1.03%

−13.1%Worst dropSmaller wins−8.9%

16.7%VolatilityLower wins13.6%

0–6SPY wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPIO · SPY

8.6%ECL0.1%

4.9%IDXX0.1%

3.6%A0.1%

4.5%ROP0.1%

Held in common0.7%

End-of-day Nov 5, 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	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.10%	−4.4%	+8.4%	+9.8%	+22.1%	+11.4%	−8.9%	$1.00T
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$818.5B
3	APIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−3.6%	+1.0%	−0.4%	+12.6%	+2.1%	−13.1%	$277M

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

All Three

5Y3 funds

#
1	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.10%	−4.4%	+8.4%	+9.8%	+22.1%	+11.4%	−8.9%	$1.00T
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	−4.4%	+8.3%	+9.7%	+22.0%	+11.3%	−8.9%	$818.5B
3	APIO	Invesco Global Water ETFRead Desk	0.75%	0.88%	−3.6%	+1.0%	−0.4%	+12.6%	+2.1%	−13.1%	$277M

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

Cards for this view

PIO vs SPY

PIO

Invesco Global Water

$11,107

SPY

SPDR S&P 500

$17,099

MeasurePIOSPY

Fee0.75%0.09%

Cost on $10k a year$75$9

Yield0.88%1.03%

5 years, per year+2.1%+11.3%

3 years, per year+12.6%+22.0%

Worst drop · 1Y−13.1%−8.9%

Volatility · 1Y16.7%13.6%

6–0measures won
SPY first

0.7%

holdings shared

Nov 5, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.4%

SPYSPDR

+8.3%

+8.4%Year to date+8.3%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 5, 2026

VOO vs IVV

YTD

VanguardVOO

+8.4%

IVViShares

+8.4%

+8.4%Year to date+8.4%

1.1%Yield1.1%

$1.00TAssets$850B

0–0level

End-of-day Nov 5, 2026

SCHD vs VIG

YTD

SchwabSCHD

+32.3%

VIGVanguard

+12.5%

+32.3%Year to date+12.5%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

Overlap: PIO, SPY, VOO

Today

93.5%most shared, SPY and VOO

PIOSPYVOO

PIO—0.7%0.6%

SPY0.7%—93.5%

VOO0.6%93.5%—

End-of-day Nov 5, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$107most kept, VOO

VOO$110 − $3 = $107

SPY$103 − $9 = $94

PIO$88 − $75 = $13

KeptFee

End-of-day Nov 5, 2026 · yield in dollars minus the fee