PIPE vs PAVE

APIPE

BPAVE

Measures won3–1PIPE wins · of 6 · 5Y

$10,000 · 5Y$20,624PAVE

Lowest cost0.47%PAVE · $47 on $10k

Most income4.03%PIPE · $403 on $10k

Smallest drop−9.1%PIPE · worst fall in 1Y

Held in common0.0%PIPE and PAVE

PIPE

PAVE

Invesco SteelPath MLP & Energy Infrastructure ETF · $65MGlobal X - U.S. Infrastructure Development ETF · $14.2B

[…]3 years · per year[…] · $19,274+24.4%

[…]5 years · per year[…] · $20,624+15.6%

0.75%Expense ratio$75 · $47 on $10k · lower wins0.47%

4.03%12-mo yield$403 · $80 on $10k0.80%

−9.1%Worst dropSmaller wins−13.8%

17.0%VolatilityLower wins20.6%

3–1PIPE wins

$10,000 · 5 yearsOne scale

Shared top holdingsPIPE · PAVE

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

Held in common0.0%

End-of-day Nov 4, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BPAVE	Global X - U.S. Infrastructure Development ETFRead Desk		0.47%	0.80%	−1.7%	+13.0%	+13.0%	+24.4%	+15.6%	−13.8%	$14.2B
2	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk		0.75%	4.03%	−4.0%	+23.7%	+29.9%	new	new	−9.1%	$65M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BPAVE	Global X - U.S. Infrastructure Development ETFRead Desk		0.47%	0.80%	−1.7%	+13.0%	+13.0%	+24.4%	+15.6%	−13.8%	$14.2B
2	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk		0.75%	4.03%	−4.0%	+23.7%	+29.9%	new	new	−9.1%	$65M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PIPE vs PAVE

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

PAVE

Global X - U.S. Infrastructure Development

$20,624

MeasurePIPEPAVE

Fee0.75%0.47%

Cost on $10k a year$75$47

Yield4.03%0.80%

5 years, per year[…]+15.6%

3 years, per year[…]+24.4%

Worst drop · 1Y−9.1%−13.8%

Volatility · 1Y17.0%20.6%

3–1measures won
PIPE first

0.0%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$123BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+8.5%

JEPIJ.P. Morgan

+8.8%

+8.5%Year to date+8.8%

12.2%Yield7.8%

$42.1BAssets$46.1B

1–1level

End-of-day Nov 4, 2026

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$182BAssets$805B

1–0SPYM wins

End-of-day Nov 4, 2026

Overlap: PIPE, PAVE

Today

0.0%most shared, PIPE and PAVE

PIPEPAVE

PIPE—0.0%

PAVE0.0%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$328most kept, PIPE

PIPE$403 − $75 = $328

PAVE$80 − $47 = $33

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee