PIPE vs SCHD

APIPE

BSCHD

Measures won1–3SCHD wins · of 6 · 5Y

$10,000 · 5Y$33,824SMH · CIBR $17,492

Lowest cost0.06%SCHD · $6 on $10k

Most income4.17%PIPE · $417 on $10k

Smallest drop−6.9%SCHD · worst fall in 1Y

Held in common1.3%PIPE and SCHD

PIPE

SCHD

Invesco SteelPath MLP & Energy Infrastructure ETF · $65MSchwab U.S. Dividend Equity ETF · $123B

[…]3 years · per year[…] · $17,414+20.3%

[…]5 years · per year[…] · $16,375+10.4%

0.75%Expense ratio$75 · $6 on $10k · lower wins0.06%

4.17%12-mo yield$417 · $298 on $10k2.98%

−10.3%Worst dropSmaller wins−6.9%

17.3%VolatilityLower wins11.7%

1–3SCHD wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · SCHD

5.0%OKE1.3%

Held in common1.3%

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 Four

5Y4 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	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	−6.5%	+27.7%	+21.3%	+27.4%	+11.8%	−20.6%	$16.9B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.98%	−2.2%	+32.3%	+38.7%	+20.3%	+10.4%	−6.9%	$122.9B
4	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 Four

5Y4 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	CIBR	First Trust Nasdaq Cybersecurity ETFRead Desk	0.58%	0.43%	−6.5%	+27.7%	+21.3%	+27.4%	+11.8%	−20.6%	$16.9B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.98%	−2.2%	+32.3%	+38.7%	+20.3%	+10.4%	−6.9%	$122.9B
4	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 SCHD

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

SCHD

Schwab U.S. Dividend Equity

$16,375

MeasurePIPESCHD

Fee0.75%0.06%

Cost on $10k a year$75$6

Yield4.17%2.98%

5 years, per year[…]+10.4%

3 years, per year[…]+20.3%

Worst drop · 1Y−10.3%−6.9%

Volatility · 1Y17.3%11.7%

3–1measures won
SCHD first

1.3%

holdings shared

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

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

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

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, SCHD, CIBR, SMH

Today

8.6%most shared, SCHD and SMH

PIPESCHDCIBRSMH

PIPE—1.3%0.0%0.0%

SCHD1.3%—3.1%8.6%

CIBR0.0%3.1%—5.8%

SMH0.0%8.6%5.8%—

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

SCHD$298 − $6 = $292

SMH$25 − $35 = −$10

CIBR$43 − $58 = −$15

KeptFee

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