PIPE vs SCHD

APIPE

BSCHD

Measures won1–3SCHD wins · of 6 · 5Y

$10,000 · 5Y$17,027DGRO · VIG $16,495

Lowest cost0.04%VIG · $4 on $10k

Most income3.84%PIPE · $384 on $10k

Smallest drop−6.5%DGRO · 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[…] · $17,784+21.2%

[…]5 years · per year[…] · $16,352+10.3%

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

3.84%12-mo yield$384 · $297 on $10k2.97%

−9.1%Worst dropSmaller wins−6.9%

16.5%VolatilityLower wins11.4%

1–3SCHD wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · SCHD

5.0%OKE1.4%

Held in common1.4%

End-of-day Nov 3, 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	DGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.85%	−0.6%	+18.0%	+21.0%	+22.1%	+11.2%	−6.5%	$45.1B
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.47%	−0.3%	+14.0%	+15.9%	+20.2%	+10.5%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.97%	−1.0%	+32.8%	+37.6%	+21.2%	+10.3%	−6.9%	$121.5B
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	3.84%	+1.0%	+29.6%	+36.0%	new	new	−9.1%	$65M

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

All Four

5Y4 funds

#
1	DGRO	iShares Core Dividend Growth ETFRead Desk	0.08%	1.85%	−0.6%	+18.0%	+21.0%	+22.1%	+11.2%	−6.5%	$45.1B
2	VIG	Vanguard Dividend Appreciation ETFRead Desk	0.04%	1.47%	−0.3%	+14.0%	+15.9%	+20.2%	+10.5%	−7.9%	$109.1B
3	BSCHD	Schwab U.S. Dividend Equity ETFRead Desk	0.06%	2.97%	−1.0%	+32.8%	+37.6%	+21.2%	+10.3%	−6.9%	$121.5B
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	3.84%	+1.0%	+29.6%	+36.0%	new	new	−9.1%	$65M

End-of-day Nov 3, 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

$16,352

MeasurePIPESCHD

Fee0.75%0.06%

Cost on $10k a year$75$6

Yield3.84%2.97%

5 years, per year[…]+10.3%

3 years, per year[…]+21.2%

Worst drop · 1Y−9.1%−6.9%

Volatility · 1Y16.5%11.4%

3–1measures won
SCHD first

1.4%

holdings shared

Nov 3, 2026 · $10,000 five years ago, dividends reinvested

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+7.5%

JEPIJ.P. Morgan

+7.0%

+7.5%Year to date+7.0%

12.3%Yield8.0%

$41.8BAssets$46.0B

2–0JEPQ wins

End-of-day Nov 3, 2026

SPYM vs SPY

YTD

SPDRSPYM

+11.5%

SPYSPDR

+11.5%

+11.5%Year to date+11.5%

1.0%Yield1.0%

$185BAssets$798B

0–0level

End-of-day Nov 3, 2026

Overlap: PIPE, SCHD, VIG, DGRO

Today

68.3%most shared, VIG and DGRO

PIPESCHDVIGDGRO

PIPE—1.4%0.1%0.2%

SCHD1.4%—14.5%21.0%

VIG0.1%14.5%—68.3%

DGRO0.2%21.0%68.3%—

End-of-day Nov 3, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$309most kept, PIPE

PIPE$384 − $75 = $309

SCHD$297 − $6 = $291

DGRO$185 − $8 = $177

VIG$147 − $4 = $143

KeptFee

End-of-day Nov 3, 2026 · yield in dollars minus the fee