TMV vs SPY

ATMV

BSPY

Measures won2–4SPY wins · of 6 · 5Y

$10,000 · 5Y$33,519TMV · IVV $17,177

Lowest cost0.03%IVV · $3 on $10k

Most income2.27%TMV · $227 on $10k

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

Held in common[…]TMV and SPY

TMV

SPY

Direxion Daily 20+ Year Treasury Bear 3X ETF · $185MState Street SPDR S&P 500 ETF · $778B

−1.1%3 years · per year$9,677 · $18,039+21.7%

+27.4%5 years · per year$33,519 · $17,118+11.3%

0.97%Expense ratio$97 · $9 on $10k · lower wins0.09%

2.27%12-mo yield$227 · $103 on $10k1.03%

−17.1%Worst dropSmaller wins−8.9%

28.3%VolatilityLower wins13.6%

2–4SPY wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsTMV · 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

All Three

5Y3 funds

#
1	ATMV	Direxion Daily 20+ Year Treasury Bear 3X ETFRead Desk	0.97%	2.27%	+0.1%	+16.0%	+23.0%	−1.1%	+27.4%	−17.1%	$185M
2	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
3	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

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	ATMV	Direxion Daily 20+ Year Treasury Bear 3X ETFRead Desk	0.97%	2.27%	+0.1%	+16.0%	+23.0%	−1.1%	+27.4%	−17.1%	$185M
2	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
3	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

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

TMV vs SPY

TMV

Direxion Daily 20+ Year Treasury Bear 3X

$33,519

SPY

SPDR S&P 500

$17,118

MeasureTMVSPY

Fee0.97%0.09%

Cost on $10k a year$97$9

Yield2.27%1.03%

5 years, per year+27.4%+11.3%

3 years, per year−1.1%+21.7%

Worst drop · 1Y−17.1%−8.9%

Volatility · 1Y28.3%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

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: TMV, SPY, IVV

Today

99.9%most shared, SPY and IVV

TMVSPYIVV

TMV—[…][…]

SPY[…]—99.9%

IVV[…]99.9%—

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

Income After Fees on $10,000

$130most kept, TMV

TMV$227 − $97 = $130

IVV$114 − $3 = $111

SPY$103 − $9 = $94

KeptFee

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