PWZ vs SPY

APWZ

BSPY

Measures won2–4SPY wins · of 6 · 5Y

$10,000 · 5Y$17,118SPY · PWZ $9,873

Lowest cost0.09%SPY · $9 on $10k

Most income3.93%PWZ · $393 on $10k

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

Held in common[…]PWZ and SPY

PWZ

SPY

Invesco California AMT-Free Municipal Bond ETF · $1.3BState Street SPDR S&P 500 ETF · $778B

+4.5%3 years · per year$11,417 · $18,039+21.7%

−0.3%5 years · per year$9,873 · $17,118+11.3%

0.28%Expense ratio$28 · $9 on $10k · lower wins0.09%

3.93%12-mo yield$393 · $103 on $10k1.03%

−9.1%Worst dropSmaller wins−8.9%

5.0%VolatilityLower wins13.6%

2–4SPY wins

$10,000 · 5 yearsOne scale

Shared top holdingsPWZ · SPY

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

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

Both

5Y2 funds

#			Trend
1	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
2	APWZ	Invesco California AMT-Free Municipal Bond ETFRead Desk		0.28%	3.93%	+0.3%	−0.1%	+0.4%	+4.5%	−0.3%	−9.1%	$1.3B

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

Both

5Y2 funds

#			Trend
1	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
2	APWZ	Invesco California AMT-Free Municipal Bond ETFRead Desk		0.28%	3.93%	+0.3%	−0.1%	+0.4%	+4.5%	−0.3%	−9.1%	$1.3B

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

PWZ vs SPY

PWZ

Invesco California AMT-Free Municipal Bond

$9,873

SPY

SPDR S&P 500

$17,118

MeasurePWZSPY

Fee0.28%0.09%

Cost on $10k a year$28$9

Yield3.93%1.03%

5 years, per year−0.3%+11.3%

3 years, per year+4.5%+21.7%

Worst drop · 1Y−9.1%−8.9%

Volatility · 1Y5.0%13.6%

4–2measures won
SPY first

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

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

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 6, 2026

Overlap: PWZ, SPY

Today

[…]holdings […]

PWZSPY

PWZ—[…]

SPY[…]—

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

Income After Fees on $10,000

$365most kept, PWZ

PWZ$393 − $28 = $365

SPY$103 − $9 = $94

KeptFee

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