Data as of Nov 5, 2026.
PAPI vs TMGN: Dividend Yield & Total Return
PAPI and TMGN both write options for income.
askIQ about this page
askIQ about PAPI and TMGN
Net assets: $400m on Jun 30, 2026 for Parametric Equity Premium Income ETF, beside TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF.
7.8 pts behind IWD
PAPI over 1 year: paid 8.2%, price +11.9%, total +20.7%, IWD +28.5%, −7.8 pts. Data to Nov 5, 2026.
IWD
+28.5%
PAPI
+20.7%
8.2% as cash
7.8 pts behind IWD
Total return, distributions reinvested
7.8 pts behind IWD
PAPI over 1 year: paid 8.2%, price +11.9%, total +20.7%, IWD +28.5%, −7.8 pts. Data to Nov 5, 2026.
IWD
+28.5%
PAPI
+20.7%
7.8 pts behind IWD
8.2% of it arrived as cash. Total return, distributions reinvested. PAPI over 1 year: paid 8.2%, price +11.9%, total +20.7%, IWD +28.5%, −7.8 pts. Data to Nov 5, 2026.
Data to Nov 5, 2026.Not measured
TMGN since launch: paid 5.4%, price −6.9%, total −1.9%, not measured against a benchmark. Data to Nov 5, 2026.
TMGN
−1.9%
Total return, distributions reinvested
Not measured
TMGN since launch: paid 5.4%, price −6.9%, total −1.9%, not measured against a benchmark. Data to Nov 5, 2026.
TMGN
−1.9%
5.4% of it arrived as cash. Both charts share one scale, with zero at the line. TMGN since launch: paid 5.4%, price −6.9%, total −1.9%, not measured against a benchmark. Data to Nov 5, 2026.
Data to Nov 5, 2026.Pair scorecard
PAPI costs 0.59 points a year less.
Points (pts) are percentage points.
| Measure | PAPI | TMGN |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +20.7% | not published |
| Price change | rose 11.9% (1 year) | fell 6.9% (since Jul 15, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 28, 2026 payment | |
| Against its benchmark | ||
| Benchmark | iShares Russell 1000 Value ETF, measured through IWD | not published |
| Cost and size | ||
| Expense ratio | 0.29% | 0.88% |
| Net assets | $400m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
Side by side
As of Nov 5, 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 | PAPI | TMGN | PAPI | TMGN | PAPI | TMGN |
| 3 months | +4.6% | −3.6% | 1.8% | 5.3% | +3.4 pts | not measured |
| 6 months | +11.7% | – | 3.9% | – | −0.4 pts | – |
| 1 year | +20.7% | – | 8.2% | – | −7.8 pts | – |
| 3 years | +42.9% | – | 23.9% | – | −37.5 pts | – |
| Since launchNot the same days: PAPI Oct 2023 · TMGN Jul 2026 | +43.1% | −1.9% | 23.9% | 5.4% | −39.9 pts | not measured |
– means no data for this window. Open this comparison in the app →
PAPI
Over the year to Nov 5, 2026, PAPI paid 8.2% of its starting value in cash distributions while its price rose 11.9%. With every distribution reinvested, the fund returned +20.7%. iShares Russell 1000 Value ETF (IWD) returned +28.5% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 5, 2026 the latest distribution annualizes to 6.9%, paid monthly.
TMGN
Over the period from its first trade on Jul 15, 2026 to Nov 5, 2026, TMGN paid 5.4% of its starting value in cash distributions while its price fell 6.9%. With every distribution reinvested, the fund returned −1.9%. At its price on Nov 5, 2026 the latest distribution annualizes to 23.3%, paid monthly. TappAlpha estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, PAPI against TMGN, data as of Nov 5, 2026. https://etfiq.com/compare/income/papi-vs-tmgn
ETFIQ. (Nov 5, 2026). PAPI against TMGN. Retrieved from https://etfiq.com/compare/income/papi-vs-tmgn
[PAPI against TMGN (ETFIQ, Nov 5, 2026)](https://etfiq.com/compare/income/papi-vs-tmgn)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.