PIPE vs GRID

APIPE

BGRID

Measures won3–1PIPE wins · of 6 · 5Y

$10,000 · 5Y$33,824SMH · GRID $15,760

Lowest cost0.35%SMH · $35 on $10k

Most income4.17%PIPE · $417 on $10k

Smallest drop−10.3%PIPE · worst fall in 1Y

Held in common0.0%PIPE and GRID

PIPE

GRID

Invesco SteelPath MLP & Energy Infrastructure ETF · $65MFirst Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund · $11.3B

[…]3 years · per year[…] · $18,129+21.9%

[…]5 years · per year[…] · $15,761+9.5%

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

4.17%12-mo yield$417 · $102 on $10k1.02%

−10.3%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 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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.25%	−11.2%	+24.3%	+27.3%	+48.4%	+27.6%	−33.1%	$65.4B
2	BGRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundRead Desk	0.56%	1.02%	−6.3%	0.0%	−0.7%	+21.9%	+9.5%	−23.5%	$11.3B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.17%	−3.4%	+19.5%	+27.1%	new	new	−10.3%	$65M

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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.25%	−11.2%	+24.3%	+27.3%	+48.4%	+27.6%	−33.1%	$65.4B
2	BGRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index FundRead Desk	0.56%	1.02%	−6.3%	0.0%	−0.7%	+21.9%	+9.5%	−23.5%	$11.3B
3	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.17%	−3.4%	+19.5%	+27.1%	new	new	−10.3%	$65M

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

PIPE vs GRID

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

$15,761

MeasurePIPEGRID

Fee0.75%0.56%

Cost on $10k a year$75$56

Yield4.17%1.02%

5 years, per year[…]+9.5%

3 years, per year[…]+21.9%

Worst drop · 1Y−10.3%−23.5%

Volatility · 1Y17.3%26.0%

3–1measures won
PIPE first

0.0%

holdings shared

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

SOXX vs SMH

YTD

iSharesSOXX

+31.6%

SMHVanEck

+24.3%

+31.6%Year to date+24.3%

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

$42.6BAssets$65.4B

2–0SOXX wins

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%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 5, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+5.2%

+8.5%Year to date+5.2%

12.2%Yield8.1%

$42.1BAssets$46.1B

2–0JEPQ wins

End-of-day Nov 5, 2026

Overlap: PIPE, GRID, SMH

Today

4.6%most shared, GRID and SMH

PIPEGRIDSMH

PIPE—0.0%0.0%

GRID0.0%—4.6%

SMH0.0%4.6%—

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

Income After Fees on $10,000

$342most kept, PIPE

PIPE$417 − $75 = $342

GRID$102 − $56 = $46

SMH$25 − $35 = −$10

KeptFee

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