PIPE vs VOO

APIPE

BVOO

Measures won1–3VOO wins · of 6 · 5Y

$10,000 · 5Y$36,298SMH · IVV $17,545

Lowest cost0.03%VOO · $3 on $10k

Most income4.11%PIPE · $411 on $10k

Smallest drop−8.9%IVV · worst fall in 1Y

Held in common0.4%PIPE and VOO

PIPE

VOO

Invesco SteelPath MLP & Energy Infrastructure ETF · $60MVanguard S&P 500 ETF · $1.00T

[…]3 years · per year[…] · $18,159+22.0%

[…]5 years · per year[…] · $17,543+11.9%

0.75%Expense ratio$75 · $3 on $10k · lower wins0.03%

4.11%12-mo yield$411 · $107 on $10k1.07%

−10.7%Worst dropSmaller wins−8.9%

17.4%VolatilityLower wins13.7%

1–3VOO wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsPIPE · VOO

6.0%WMB0.1%

4.6%KMI0.1%

8.5%TRGP0.1%

5.0%OKE0.1%

Held in common0.4%

End-of-day Nov 9, 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%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$875.2B
3	BVOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.11%	+1.9%	+21.3%	+27.0%	new	new	−10.7%	$60M

End-of-day Nov 9, 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%	0.23%	+5.1%	+35.3%	+39.3%	+50.1%	+29.4%	−33.1%	$60.7B
2	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.11%	+2.4%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$875.2B
3	BVOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T
4	APIPE	Invesco SteelPath MLP & Energy Infrastructure ETFRead Desk	0.75%	4.11%	+1.9%	+21.3%	+27.0%	new	new	−10.7%	$60M

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PIPE vs VOO

PIPE

Invesco SteelPath MLP & Energy Infrastructure

[…]

VOO

Vanguard S&P 500

$17,543

MeasurePIPEVOO

Fee0.75%0.03%

Cost on $10k a year$75$3

Yield4.11%1.07%

5 years, per year[…]+11.9%

3 years, per year[…]+22.0%

Worst drop · 1Y−10.7%−8.9%

Volatility · 1Y17.4%13.7%

3–1measures won
VOO first

0.4%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

SOXX vs SMH

YTD

iSharesSOXX

+46.5%

SMHVanEck

+35.3%

+46.5%Year to date+35.3%

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

$37.5BAssets$60.7B

2–0SOXX wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: PIPE, VOO, SMH, IVV

Today

92.7%most shared, VOO and IVV

PIPEVOOSMHIVV

PIPE—0.4%0.0%0.4%

VOO0.4%—18.8%92.7%

SMH0.0%18.8%—15.0%

IVV0.4%92.7%15.0%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$336most kept, PIPE

PIPE$411 − $75 = $336

IVV$111 − $3 = $108

VOO$107 − $3 = $104

SMH$23 − $35 = −$12

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee