PIPE vs DGRO

APIPE

BDGRO

Measures won1–3DGRO wins · of 6 · 5Y

$10,000 · 5Y$34,950SMH · CIBR $17,242

Lowest cost0.08%DGRO · $8 on $10k

Most income4.18%PIPE · $418 on $10k

Smallest drop−6.5%DGRO · worst fall in 1Y

Held in common0.2%PIPE and DGRO

PIPE

DGRO

Invesco SteelPath MLP & Energy Infrastructure ETF · $60MiShares Core Dividend Growth ETF · $44.7B

[…]3 years · per year[…] · $17,593+20.7%

[…]5 years · per year[…] · $16,835+11.0%

0.75%Expense ratio$75 · $8 on $10k · lower wins0.08%

4.18%12-mo yield$418 · $187 on $10k1.87%

−10.7%Worst dropSmaller wins−6.5%

17.3%VolatilityLower wins10.2%

1–3DGRO wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · DGRO

5.3%LNG0.1%

2.0%DTM0.1%

Held in common0.2%

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 Four

5Y4 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$60.7B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$15.8B
3	BDGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.87%	−0.6%	+16.6%	+20.3%	+20.7%	+11.0%	−6.5%	$44.7B
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$60M

End-of-day Nov 6, 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%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$60.7B
2	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$15.8B
3	BDGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.87%	−0.6%	+16.6%	+20.3%	+20.7%	+11.0%	−6.5%	$44.7B
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$60M

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

PIPE vs DGRO

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

DGRO

iShares Core Dividend Growth

$16,835

MeasurePIPEDGRO

Fee0.75%0.08%

Cost on $10k a year$75$8

Yield4.18%1.87%

5 years, per year[…]+11.0%

3 years, per year[…]+20.7%

Worst drop · 1Y−10.7%−6.5%

Volatility · 1Y17.3%10.2%

3–1measures won
DGRO first

0.2%

holdings shared

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

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

SOXX vs SMH

YTD

iSharesSOXX

+36.2%

SMHVanEck

+28.8%

+36.2%Year to date+28.8%

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

$39.1BAssets$60.7B

2–0SOXX wins

End-of-day Nov 6, 2026

DGRO vs VIG

YTD

iSharesDGRO

+16.6%

VIGVanguard

+12.1%

+16.6%Year to date+12.1%

1.9%Yield1.5%

$44.7BAssets$109B

2–0DGRO wins

End-of-day Nov 6, 2026

Overlap: PIPE, DGRO, CIBR, SMH

Today

8.6%most shared, DGRO and CIBR

PIPEDGROCIBRSMH

PIPE—0.2%0.0%0.0%

DGRO0.2%—8.6%4.5%

CIBR0.0%8.6%—5.9%

SMH0.0%4.5%5.9%—

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

Income After Fees on $10,000

$343most kept, PIPE

PIPE$418 − $75 = $343

DGRO$187 − $8 = $179

SMH$24 − $35 = −$11

CIBR$43 − $58 = −$15

KeptFee

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