PSEP vs SPY

APSEP

BSPY

Measures won2–4SPY wins · of 6 · 5Y

$10,000 · 5Y$17,177IVV · SPY $17,118

Lowest cost0.03%IVV · $3 on $10k

Most income1.14%IVV · $114 on $10k

Smallest drop−4.1%PSEP · worst fall in 1Y

Held in common95.8%PSEP and SPY

PSEP

SPY

Innovator U.S. Equity Power Buffer ETF · $1.2BState Street SPDR S&P 500 ETF · $778B

+12.6%3 years · per year$14,271 · $18,039+21.7%

+8.9%5 years · per year$15,347 · $17,118+11.3%

0.79%Expense ratio$79 · $9 on $10k · lower wins0.09%

0.00%12-mo yield$0 · $103 on $10k1.03%

−4.1%Worst dropSmaller wins−8.9%

6.2%VolatilityLower wins13.6%

2–4SPY wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsPSEP · SPY

7.6%AAPL7.9%

6.7%NVDA6.9%

6.0%MSFT6.3%

3.9%AMZN4.0%

Held in common95.8%

End-of-day Nov 6, 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	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$777.7B
3	APSEP	Innovator U.S. Equity Power Buffer ETFRead Desk	0.79%	0.00%	+0.2%	+5.2%	+6.6%	+12.6%	+8.9%	−4.1%	$1.2B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	IVV	iShares Core S&P 500 ETFRead Desk	0.03%	1.14%	+0.3%	+8.7%	+9.8%	+21.8%	+11.4%	−8.9%	$852.9B
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$777.7B
3	APSEP	Innovator U.S. Equity Power Buffer ETFRead Desk	0.79%	0.00%	+0.2%	+5.2%	+6.6%	+12.6%	+8.9%	−4.1%	$1.2B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PSEP vs SPY

PSEP

Innovator U.S. Equity Power Buffer

$15,347

SPY

SPDR S&P 500

$17,118

MeasurePSEPSPY

Fee0.79%0.09%

Cost on $10k a year$79$9

Yield0.00%1.03%

5 years, per year+8.9%+11.3%

3 years, per year+12.6%+21.7%

Worst drop · 1Y−4.1%−8.9%

Volatility · 1Y6.2%13.6%

4–2measures won
SPY first

95.8%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$178BAssets$778B

2–0SPYM wins

End-of-day Nov 6, 2026

VOO vs IVV

YTD

VanguardVOO

+8.7%

IVViShares

+8.7%

+8.7%Year to date+8.7%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

Overlap: PSEP, SPY, IVV

Today

99.9%most shared, SPY and IVV

PSEPSPYIVV

PSEP—95.8%95.8%

SPY95.8%—99.9%

IVV95.8%99.9%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$111most kept, IVV

IVV$114 − $3 = $111

SPY$103 − $9 = $94

PSEP$0 − $79 = −$79

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee