Data as of Nov 4, 2026.
GRNI vs PAPI: Dividend Yield & Total Return
GRNI and PAPI both write options for income.
askIQ about this page
askIQ about GRNI and PAPI
Net assets: $55m on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap & Income ETF, and $400m on Jun 30, 2026 for Parametric Equity Premium Income ETF.
Not measured
GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
GRNI
+9.0%
9.5% as cash
Total return, distributions reinvested
Not measured
GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
GRNI
+9.0%
9.5% of it arrived as cash. Total return, distributions reinvested. GRNI since launch: paid 9.5%, price −0.6%, total +9.0%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.9.4 pts behind IWD
PAPI over 1 year: paid 8.2%, price +14.3%, total +23.4%, IWD +32.8%, −9.4 pts. Data to Nov 4, 2026.
IWD
+32.8%
PAPI
+23.4%
8.2% as cash
9.4 pts behind IWD
Total return, distributions reinvested
9.4 pts behind IWD
PAPI over 1 year: paid 8.2%, price +14.3%, total +23.4%, IWD +32.8%, −9.4 pts. Data to Nov 4, 2026.
IWD
+32.8%
PAPI
+23.4%
9.4 pts behind IWD
8.2% of it arrived as cash. Both charts share one scale, with zero at the line. PAPI over 1 year: paid 8.2%, price +14.3%, total +23.4%, IWD +32.8%, −9.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
PAPI costs 0.70 points a year less.
Points (pts) are percentage points.
| Measure | GRNI | PAPI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +23.4% |
| Price change | fell 6.4% (6 months) | rose 14.3% (1 year) |
| Against its benchmark | ||
| Benchmark | its own stocks | iShares Russell 1000 Value ETF, measured through IWD |
| Against its benchmark, same days | behind by 0.8 pts | behind by 9.4 pts |
| Cost and size | ||
| Expense ratio | 0.99% | 0.29% |
| Net assets, GRNI as of Jul 31, 2026 and PAPI as of Jun 30, 2026 | $55m | $400m |
| Holdings | ||
| Holdings in common | 4% | |
What they share
By the books each fund has filed, GRNI and PAPI hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
4% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | GRNI | PAPI | GRNI | PAPI | GRNI | PAPI |
| 3 months | −3.9% | +6.6% | 2.5% | 1.8% | −0.6 pts | +2.6 pts |
| 6 months | −1.6% | +13.2% | 5.0% | 3.9% | −0.8 pts | −0.7 pts |
| 1 year | – | +23.4% | – | 8.2% | – | −9.4 pts |
| 3 years | – | +44.5% | – | 23.7% | – | −39.8 pts |
| Since launchNot the same days: GRNI Nov 2025 · PAPI Oct 2023 | +9.0% | +45.5% | 9.5% | 23.9% | not measured | −42.4 pts |
– means no data for this window. Open this comparison in the app →
GRNI's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −0.8% over the same days, so a holder was behind by 0.8 pts.
Over the 6 months to Nov 4, 2026, GRNI paid 5.0% of its starting value in cash distributions while its price fell 6.4%. With every distribution reinvested, the fund returned −1.6%. At its price on Nov 4, 2026 the latest distribution annualizes to 10.5%, paid monthly.
PAPI
Over the year to Nov 4, 2026, PAPI paid 8.2% of its starting value in cash distributions while its price rose 14.3%. With every distribution reinvested, the fund returned +23.4%. iShares Russell 1000 Value ETF (IWD) returned +32.8% over the same days, so a holder was behind by 9.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.8%, paid monthly.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, GRNI against PAPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/grni-vs-papi
ETFIQ. (Nov 4, 2026). GRNI against PAPI. Retrieved from https://etfiq.com/compare/income/grni-vs-papi
[GRNI against PAPI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/grni-vs-papi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.