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Data as of .

PAPI vs SIOO: which paid, and which earned it?

PAPI and SIOO both write options for income.

Parametric Equity Premium Income ETF and VistaShares Target 15 S&P 100 Distribution ETF.

7.9%PAPI cash paid, 1 year
11.1%SIOO cash paid, 1 year
+12.8%PAPI total return, 1 year
+10.8%SIOO total return, 1 year
PAPI3.8 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%PAPI+12.8%7.9% of it arrived as cash3.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%PAPI+12.8%3.8 pts behind SPY
SIOOAbout even with OEF · since launch to Sep 18, 2026
OEF+11.0%SIOO+10.8%11.1% of it arrived as cashabout even with OEFTotal return, distributions reinvestedOEF+11.0%SIOO+10.8%11.1% cashabout even with OEF

What they hold in common

By the books each fund has filed, PAPI and SIOO hold 14% of their money in the same securities at the same weight.

Positions PAPI and SIOO both hold, largest shared weight first
HoldingPAPISIOO
Cisco Systems, Inc.0.77%0.96%
AbbVie, Inc.0.64%1.03%
Merck & Co., Inc.0.59%0.80%
Coca-Cola Co. (The)0.56%0.76%
Johnson & Johnson0.56%1.45%
Home Depot, Inc. (The)0.55%0.65%
Texas Instruments, Inc.0.71%0.52%
RTX Corp.0.52%0.56%
Procter & Gamble Co. (The)0.49%0.75%
Costco Wholesale Corp.0.49%0.81%
International Business Machines Corp.0.65%0.47%
Linde plc0.54%0.47%
Only in each
Only in PAPIOnly in SIOO
Corning, Inc. 1.01%NVIDIA Corp 9.83%
TD SYNNEX Corp. 0.81%Apple Inc 9.24%
Power Integrations, Inc. 0.73%United States Treasury Bill 12/10/2026 7.85%
Royalty Pharma plc 0.73%Amazon.com Inc 4.41%
Millicom International Cellular SA 0.72%Alphabet Inc 3.62%
Avnet, Inc. 0.71%Broadcom Inc 3.57%
Cummins, Inc. 0.70%Meta Platforms Inc 3.12%
Reynolds Consumer Products, Inc. 0.68%Micron Technology Inc 2.37%

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

PAPI and SIOO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PAPISIOOPAPISIOOPAPISIOO
3 months+4.7%+4.0%2.0%3.7%+2.5 pts+0.7 pts
6 months+5.6%+14.3%4.0%7.9%−12.4 pts−5.8 pts
1 year+12.8%not published7.9%not published−3.8 ptsnot published
Since launch+35.6%+10.8%22.5%11.1%−49.6 pts−0.2 pts
Open the live comparison on ETFIQ
PAPI and SIOO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PAPI
Parametric Equity Premium Income ETF
Covered call on SPY, paying monthly
SIOO
VistaShares Target 15 S&P 100 Distribution ETF
Covered call on OEF, paying monthly
IssuerParametricVistaShares
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 100 (OEF)
Paysmonthlymonthly
Payout rate, annualized7.2%15.1%
Expense ratio0.29%not published
Cash paid, 1 year7.9%11.1% (since launch on Dec 11, 2025)
Price change, 1 year+4.5%−1.1%
Total return, 1 year+12.8%+10.8% (since launch on Dec 11, 2025)
Benchmark return, 1 year+16.6%+11.0%
Ahead or behind−3.8 pts−0.2 pts
Return of capital, latest estimatenot publishednot published
Age1065 days281 days
Net assets$400m$21m

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.

SIOO in plain words

Over the period since launch on Dec 11, 2025 to Sep 18, 2026, SIOO paid 11.1% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +10.8%. S&P 100 (OEF) returned +11.0% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.

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.

PAPI against SIOO, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, PAPI against SIOO, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-sioo Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources