SPY vs PAPI

ASPY

BPAPI

Measures won2–3PAPI wins · of 6 · 5Y

$10,000 · 5Y$18,060SPY · VTI $17,257

Lowest cost0.03%VTI · $3 on $10k

Most income7.19%PAPI · $719 on $10k

Smallest drop−6.9%PAPI · worst fall in 1Y

Held in common17.3%SPY and PAPI

SPY

PAPI

State Street SPDR S&P 500 ETF · $798BParametric Equity Premium Income ETF · $553M

+24.1%3 years · per year$19,132 · $14,871+14.1%

+12.6%5 years · per year$18,060 · […][…]

0.09%Expense ratio$9 · $29 on $10k · lower wins0.29%

0.99%12-mo yield$99 · $719 on $10k7.19%

−8.9%Worst dropSmaller wins−6.9%

12.9%VolatilityLower wins10.2%

2–3PAPI wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsSPY · PAPI

0.8%ABBV0.5%

0.7%CVX0.5%

0.7%COST0.5%

1.1%XOM0.5%

Held in common17.3%

End-of-day Nov 4, 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	ASPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$798.0B
2	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.05%	+1.5%	+13.4%	+13.5%	+24.0%	+11.5%	−8.9%	$689.2B
3	BPAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.19%	+1.9%	+19.3%	+23.4%	+14.1%	new	−6.9%	$553M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	ASPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	0.99%	+1.7%	+13.3%	+13.4%	+24.1%	+12.6%	−8.9%	$798.0B
2	VTI	Vanguard Morningstar Total Stock Market ETFRead Desk	0.03%	1.05%	+1.5%	+13.4%	+13.5%	+24.0%	+11.5%	−8.9%	$689.2B
3	BPAPI	Parametric Equity Premium Income ETFRead Desk	0.29%	7.19%	+1.9%	+19.3%	+23.4%	+14.1%	new	−6.9%	$553M

End-of-day Nov 4, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

SPY vs PAPI

SPY

SPDR S&P 500

$18,060

PAPI

Parametric Equity Premium Income

[…]

MeasureSPYPAPI

Fee0.09%0.29%

Cost on $10k a year$9$29

Yield0.99%7.19%

5 years, per year+12.6%[…]

3 years, per year+24.1%+14.1%

Worst drop · 1Y−8.9%−6.9%

Volatility · 1Y12.9%10.2%

3–2measures won
PAPI first

17.3%

holdings shared

Nov 4, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+13.4%

SPYSPDR

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$185BAssets$798B

1–0SPYM wins

End-of-day Nov 4, 2026

VTI vs ITOT

YTD

VanguardVTI

+13.4%

ITOTiShares

+13.3%

+13.4%Year to date+13.3%

1.0%Yield1.0%

$689BAssets$95.4B

1–0VTI wins

End-of-day Nov 4, 2026

SCHD vs VIG

YTD

SchwabSCHD

+35.3%

VIGVanguard

+16.4%

+35.3%Year to date+16.4%

2.9%Yield1.4%

$121BAssets$109B

2–0SCHD wins

End-of-day Nov 4, 2026

Overlap: SPY, PAPI, VTI

Today

86.9%most shared, SPY and VTI

SPYPAPIVTI

SPY—17.3%86.9%

PAPI17.3%—15.9%

VTI86.9%15.9%—

End-of-day Nov 4, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$690most kept, PAPI

PAPI$719 − $29 = $690

VTI$105 − $3 = $102

SPY$99 − $9 = $90

KeptFee

End-of-day Nov 4, 2026 · yield in dollars minus the fee