PIPE vs SCHD

APIPE

BSCHD

Measures won1–3SCHD wins · of 6 · 5Y

$10,000 · 5Y$38,820SMH · SCHD $16,881

Lowest cost0.06%SCHD · $6 on $10k

Most income4.03%PIPE · $403 on $10k

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

Held in common1.4%PIPE and SCHD

PIPE

SCHD

Invesco SteelPath MLP & Energy Infrastructure ETF · $65MSchwab U.S. Dividend Equity ETF · $121B

[…]3 years · per year[…] · $17,908+21.4%

[…]5 years · per year[…] · $16,881+11.0%

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

4.03%12-mo yield$403 · $291 on $10k2.91%

−9.1%Worst dropSmaller wins−6.9%

17.0%VolatilityLower wins11.5%

1–3SCHD wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPIPE · SCHD

5.0%OKE1.4%

Held in common1.4%

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

All Three

5Y3 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.22%	−2.7%	+40.0%	+38.2%	+54.7%	+31.2%	−24.6%	$65.8B
2	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$121.5B
3	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

All Three

5Y3 funds

#
1	SMH	VanEck Semiconductor ETFRead Desk	0.35%	0.22%	−2.7%	+40.0%	+38.2%	+54.7%	+31.2%	−24.6%	$65.8B
2	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.91%	+1.9%	+35.3%	+41.6%	+21.4%	+11.0%	−6.9%	$121.5B
3	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 SCHD

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

SCHD

Schwab U.S. Dividend Equity

$16,881

MeasurePIPESCHD

Fee0.75%0.06%

Cost on $10k a year$75$6

Yield4.03%2.91%

5 years, per year[…]+11.0%

3 years, per year[…]+21.4%

Worst drop · 1Y−9.1%−6.9%

Volatility · 1Y17.0%11.5%

3–1measures won
SCHD first

1.4%

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%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

SOXX vs SMH

YTD

iSharesSOXX

+49.8%

SMHVanEck

+40.0%

+49.8%Year to date+40.0%

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

$44.3BAssets$65.8B

2–0SOXX 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%

$41.8BAssets$46.0B

1–1level

End-of-day Nov 4, 2026

Overlap: PIPE, SCHD, SMH

Today

8.6%most shared, SCHD and SMH

PIPESCHDSMH

PIPE—1.4%0.0%

SCHD1.4%—8.6%

SMH0.0%8.6%—

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

SCHD$291 − $6 = $285

SMH$22 − $35 = −$13

KeptFee

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