RWLC vs SPY

ARWLC

BSPY

Measures won2–3SPY wins · of 6 · 5Y

$10,000 · 5Y$17,543VOO · SPY $17,493

Lowest cost0.03%VOO · $3 on $10k

Most income12.90%RWLC · $1,290 on $10k

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

Held in common43.8%RWLC and SPY

RWLC

SPY

Rayliant NxtGen Multifactor US Equity ETF · $101MState Street SPDR S&P 500 ETF · $778B

+24.6%3 years · per year$19,330 · $18,118+21.9%

[…]5 years · per year[…] · $17,493+11.8%

0.32%Expense ratio$32 · $9 on $10k · lower wins0.09%

12.90%12-mo yield$1,290 · $101 on $10k1.01%

−9.3%Worst dropSmaller wins−8.9%

15.3%VolatilityLower wins13.7%

2–3SPY wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsRWLC · SPY

9.7%AAPL7.9%

5.6%NVDA7.1%

4.1%MSFT6.2%

2.9%GOOGL2.6%

Held in common43.8%

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 Three

5Y3 funds

#
1	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	ARWLC	Rayliant NxtGen Multifactor US Equity ETFRead Desk	0.32%	12.90%	+1.7%	+13.9%	+15.7%	+24.6%	new	−9.3%	$101M

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

All Three

5Y3 funds

#
1	VOO	Vanguard S&P 500 ETFRead Desk	0.03%	1.07%	+2.3%	+11.3%	+13.6%	+22.0%	+11.9%	−8.9%	$1.00T
2	BSPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	ARWLC	Rayliant NxtGen Multifactor US Equity ETFRead Desk	0.32%	12.90%	+1.7%	+13.9%	+15.7%	+24.6%	new	−9.3%	$101M

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

RWLC vs SPY

RWLC

Rayliant NxtGen Multifactor US Equity

[…]

SPY

SPDR S&P 500

$17,493

MeasureRWLCSPY

Fee0.32%0.09%

Cost on $10k a year$32$9

Yield12.90%1.01%

5 years, per year[…]+11.8%

3 years, per year+24.6%+21.9%

Worst drop · 1Y−9.3%−8.9%

Volatility · 1Y15.3%13.7%

3–2measures won
SPY first

43.8%

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

VOO vs IVV

YTD

VanguardVOO

+11.3%

IVViShares

+11.3%

+11.3%Year to date+11.3%

1.1%Yield1.1%

$1.00TAssets$853B

0–0level

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%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: RWLC, SPY, VOO

Today

92.7%most shared, SPY and VOO

RWLCSPYVOO

RWLC—43.8%44.3%

SPY43.8%—92.7%

VOO44.3%92.7%—

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

Income After Fees on $10,000

$1,258most kept, RWLC

RWLC$1,290 − $32 = $1,258

VOO$107 − $3 = $104

SPY$101 − $9 = $92

KeptFee

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