Data as of .
DRKY vs PAPI: which paid, and which earned it?
DRKY and PAPI both write options for income.
What they hold in common
By the books each fund has filed, DRKY and PAPI hold 1% of their money in the same securities at the same weight.
| Holding | DRKY | PAPI |
|---|---|---|
| Alphabet Inc | 4.45% | 0.59% |
| Fox Corp | 3.89% | 0.41% |
| Only in DRKY | Only in PAPI |
|---|---|
| Natera Inc 25.22% | Corning, Inc. 1.01% |
| Taiwan Semiconductor Manufacturing Co Ltd 9.17% | TD SYNNEX Corp. 0.81% |
| STMicroelectronics NV 7.49% | Cisco Systems, Inc. 0.77% |
| YPF SA 4.78% | Power Integrations, Inc. 0.73% |
| Insmed Inc 4.62% | Royalty Pharma plc 0.73% |
| Seagate Technology Holdings PLC 4.52% | Millicom International Cellular SA 0.72% |
| Amazon.com Inc 4.42% | Avnet, Inc. 0.71% |
| BBB Foods Inc 4.29% | Texas Instruments, Inc. 0.71% |
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 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DRKY | PAPI | DRKY | PAPI | DRKY | PAPI | |
| 3 months | +11.8% | +4.7% | 3.8% | 2.0% | +9.6 pts | +2.5 pts |
| 6 months | +25.1% | +5.6% | 8.1% | 4.0% | +7.1 pts | −12.4 pts |
| 1 year | not published | +12.8% | not published | 7.9% | not published | −3.8 pts |
| Since launch | +24.1% | +35.6% | 14.1% | 22.5% | +9.7 pts | −49.6 pts |
| DRKY VistaShares Target 15 DRUKMacro Distribution ETF Covered call on SPY, paying monthly | PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | VistaShares | Parametric |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 14.8% | 7.2% |
| Expense ratio | 0.95% | 0.29% |
| Cash paid, 1 year | 14.1% (since launch on Oct 8, 2025) | 7.9% |
| Price change, 1 year | +8.1% | +4.5% |
| Total return, 1 year | +24.1% (since launch on Oct 8, 2025) | +12.8% |
| Benchmark return, 1 year | +14.4% | +16.6% |
| Ahead or behind | +9.7 pts | −3.8 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 345 days | 1065 days |
| Net assets | $19m | $400m |
DRKY in plain words
Over the period since launch on Oct 8, 2025 to Sep 18, 2026, DRKY paid 14.1% of its starting value in cash distributions while its price rose 8.1%. With every distribution reinvested, the fund returned +24.1%. S&P 500 (SPY), used as a default proxy returned +14.4% over the same days, so a holder was ahead by 9.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.8%, paid monthly.
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 is cheaper, DRKY or PAPI?
- DRKY charges 0.95% 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, DRKY against PAPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/drky-vs-papi Free to use with attribution; the underlying files are at Open data.