Data as of .
DJIA vs PAPI: which paid, and which earned it?
Over the year DJIA paid 10.5% of its price in cash against PAPI’s 7.9%, and returned more with it reinvested.
ETFIQ Return Stability Score: DJIA scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, DJIA and PAPI hold 4% of their money in the same securities at the same weight.
| Holding | DJIA | PAPI |
|---|---|---|
| CISCO SYSTEMS INC | 1.27% | 0.77% |
| MERCK & CO. INC. | 1.71% | 0.59% |
| COCA-COLA CO/THE | 1.03% | 0.56% |
| JOHNSON & JOHNSON | 3.14% | 0.56% |
| PROCTER & GAMBLE CO/THE | 1.70% | 0.49% |
| SALESFORCE INC | 2.77% | 0.46% |
| CHEVRON CORP | 2.44% | 0.45% |
| MICROSOFT CORP | 5.74% | 0.39% |
| Only in DJIA | Only in PAPI |
|---|---|
| GOLDMAN SACHS GROUP INC 10.95% | Corning, Inc. 1.01% |
| CATERPILLAR INC 9.40% | TD SYNNEX Corp. 0.81% |
| AMGEN INC 4.48% | Power Integrations, Inc. 0.73% |
| UNITEDHEALTH GROUP INC 4.38% | Royalty Pharma plc 0.73% |
| TRAVELERS COS INC/THE 4.36% | Millicom International Cellular SA 0.72% |
| VISA INC-CLASS A SHARES 4.28% | Avnet, Inc. 0.71% |
| JPMORGAN CHASE & CO 4.07% | Texas Instruments, Inc. 0.71% |
| ALPHABET INC-CL A 4.06% | Cummins, Inc. 0.70% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DJIA | PAPI | DJIA | PAPI | DJIA | PAPI | |
| 3 months | +3.8% | +4.7% | 1.7% | 2.0% | +3.4 pts | +2.5 pts |
| 6 months | +11.3% | +5.6% | 4.1% | 4.0% | −2.7 pts | −12.4 pts |
| 1 year | +13.7% | +12.8% | 10.5% | 7.9% | +0.2 pts | −3.8 pts |
| 3 years | +36.8% | not published | 29.3% | not published | −20.1 pts | not published |
| Since launch | +42.6% | +35.6% | 39.6% | 22.5% | −25.6 pts | −49.6 pts |
| DJIA Global X Dow 30 Covered Call ETF Covered call on DIA, paying monthly | PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Global X | Parametric |
| Strategy | covered call | covered call |
| Benchmark | Dow Jones Industrial Average (DIA) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.3% | 7.2% |
| Expense ratio | 0.60% | 0.29% |
| Cash paid, 1 year | 10.5% | 7.9% |
| Price change, 1 year | +2.4% | +4.5% |
| Total return, 1 year | +13.7% | +12.8% |
| Benchmark return, 1 year | +13.5% | +16.6% |
| Ahead or behind | +0.2 pts | −3.8 pts |
| Return of capital, latest estimate | 84% | not published |
| Age | 1667 days | 1065 days |
| Net assets | $189m | $400m |
DJIA in plain words
Over the year to Sep 18, 2026, DJIA paid 10.5% of its starting value in cash distributions while its price rose 2.4%. With every distribution reinvested, the fund returned +13.7%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly. Global X estimates that 84% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
PAPI in plain words
Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting value in cash distributions while its price rose 4.5%. With every distribution reinvested, the fund returned +12.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.2%, paid monthly.
Questions people ask
- Which paid more, DJIA or PAPI?
- Over the year to Sep 18, 2026, DJIA paid 10.5% of its starting price in cash and PAPI paid 7.9%, so DJIA paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, DJIA or PAPI?
- With every distribution reinvested, DJIA returned +13.7% and PAPI returned +12.8% over the year to Sep 18, 2026, so DJIA returned more.
- Which is cheaper, DJIA or PAPI?
- DJIA charges 0.60% a year and PAPI charges 0.29%, so PAPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DJIA against PAPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/djia-vs-papi Free to use with attribution; the underlying files are at Open data.