PIPE vs NBET

APIPE

BNBET

Measures won2–2level · of 6 · 5Y

$10,000 · 5Y$34,950SMH

Lowest cost0.35%SMH · $35 on $10k

Most income4.18%PIPE · $418 on $10k

Smallest drop−10.5%NBET · worst fall in 1Y

Held in common44.7%PIPE and NBET

PIPE

NBET

Invesco SteelPath MLP & Energy Infrastructure ETF · $62MNeuberger Berman Energy Transition & Infrastructure ETF · $54M

[…]3 years · per year[…] · $19,523+25.0%

[…]5 years · per year[…]

0.75%Expense ratio$75 · $210 on $10k · lower wins2.10%

4.18%12-mo yield$418 · $258 on $10k2.58%

−10.7%Worst dropSmaller wins−10.5%

17.3%VolatilityLower wins17.0%

2–2Level

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPIPE · NBET

8.7%TRGP9.3%

5.3%LNG6.5%

4.6%ET7.4%

4.4%EPD7.7%

Held in common44.7%

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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$57.7B
2	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M
3	BNBET	Neuberger Berman Energy Transition & Infrastructure ETFRead Desk	2.10%	2.58%	+0.1%	+21.6%	+24.7%	+25.0%	new	−10.5%	$54M

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	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.24%	+3.6%	+28.8%	+29.5%	+48.9%	+28.4%	−33.1%	$57.7B
2	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.18%	−0.4%	+19.1%	+25.4%	new	new	−10.7%	$62M
3	BNBET	Neuberger Berman Energy Transition & Infrastructure ETFRead Desk	2.10%	2.58%	+0.1%	+21.6%	+24.7%	+25.0%	new	−10.5%	$54M

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 NBET

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

NBET

Neuberger Berman Energy Transition & Infrastructure

[…]

MeasurePIPENBET

Fee0.75%2.10%

Cost on $10k a year$75$210

Yield4.18%2.58%

5 years, per year[…][…]

3 years, per year[…]+25.0%

Worst drop · 1Y−10.7%−10.5%

Volatility · 1Y17.3%17.0%

2–2measures won
level

44.7%

holdings shared

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

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

$37.6BAssets$57.7B

2–0SOXX 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%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

Overlap: PIPE, NBET, SMH

Today

44.7%most shared, PIPE and NBET

PIPENBETSMH

PIPE—44.7%0.0%

NBET44.7%—0.0%

SMH0.0%0.0%—

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

NBET$258 − $210 = $48

SMH$24 − $35 = −$11

KeptFee

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