PZA vs SPY

APZA

BSPY

Measures won2–4SPY wins · of 6 · 5Y

$10,000 · 5Y$17,118SPY · PZA $9,816

Lowest cost0.09%SPY · $9 on $10k

Most income3.94%PZA · $394 on $10k

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

Held in common[…]PZA and SPY

PZA

SPY

Invesco National AMT-Free Municipal Bond ETF · $4.1BState Street SPDR S&P 500 ETF · $778B

+4.6%3 years · per year$11,455 · $18,039+21.7%

−0.4%5 years · per year$9,816 · $17,118+11.3%

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

3.94%12-mo yield$394 · $103 on $10k1.03%

−9.4%Worst dropSmaller wins−8.9%

5.1%VolatilityLower wins13.6%

2–4SPY wins

$10,000 · 5 yearsOne scale

Shared top holdingsPZA · 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	APZA	Invesco National AMT-Free Municipal Bond ETFRead Desk		0.28%	3.94%	+0.4%	−0.1%	+0.4%	+4.6%	−0.4%	−9.4%	$4.1B

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	APZA	Invesco National AMT-Free Municipal Bond ETFRead Desk		0.28%	3.94%	+0.4%	−0.1%	+0.4%	+4.6%	−0.4%	−9.4%	$4.1B

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

PZA vs SPY

PZA

Invesco National AMT-Free Municipal Bond

$9,816

SPY

SPDR S&P 500

$17,118

MeasurePZASPY

Fee0.28%0.09%

Cost on $10k a year$28$9

Yield3.94%1.03%

5 years, per year−0.4%+11.3%

3 years, per year+4.6%+21.7%

Worst drop · 1Y−9.4%−8.9%

Volatility · 1Y5.1%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: PZA, SPY

Today

[…]holdings […]

PZASPY

PZA—[…]

SPY[…]—

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

Income After Fees on $10,000

$366most kept, PZA

PZA$394 − $28 = $366

SPY$103 − $9 = $94

KeptFee

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