PIPE vs GRID

APIPE

BGRID

Measures won3–1PIPE wins · of 6 · 5Y

$10,000 · 5Y$17,242CIBR · GRID $15,990

Lowest cost0.56%GRID · $56 on $10k

Most income4.18%PIPE · $418 on $10k

Smallest drop−10.7%PIPE · worst fall in 1Y

Held in common0.0%PIPE and GRID

PIPE

GRID

Invesco SteelPath MLP & Energy Infrastructure ETF · $62MFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund · $11.0B

[…]3 years · per year[…] · $18,267+22.2%

[…]5 years · per year[…] · $15,990+9.8%

0.75%Expense ratio$75 · $56 on $10k · lower wins0.56%

4.18%12-mo yield$418 · $100 on $10k1.00%

−10.7%Worst dropSmaller wins−23.5%

17.3%VolatilityLower wins26.0%

3–1PIPE wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPIPE · GRID

They share no top holdings, or holdings aren’t on file […]

Held in common0.0%

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	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$16.9B
2	BGRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundRead Desk	0.56%	1.00%	+1.4%	+1.4%	−1.0%	+22.2%	+9.8%	−23.5%	$11.0B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M

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	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	0.0%	+27.7%	+21.1%	+27.4%	+11.5%	−20.6%	$16.9B
2	BGRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundRead Desk	0.56%	1.00%	+1.4%	+1.4%	−1.0%	+22.2%	+9.8%	−23.5%	$11.0B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M

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 GRID

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

$15,990

MeasurePIPEGRID

Fee0.75%0.56%

Cost on $10k a year$75$56

Yield4.18%1.00%

5 years, per year[…]+9.8%

3 years, per year[…]+22.2%

Worst drop · 1Y−10.7%−23.5%

Volatility · 1Y17.3%26.0%

3–1measures won
PIPE first

0.0%

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

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%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

Overlap: PIPE, GRID, CIBR

Today

3.0%most shared, GRID and CIBR

PIPEGRIDCIBR

PIPE—0.0%0.0%

GRID0.0%—3.0%

CIBR0.0%3.0%—

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

GRID$100 − $56 = $44

CIBR$43 − $58 = −$15

KeptFee

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