Data as of .
PAPI vs VOOY: which paid, and which earned it?
PAPI and VOOY both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PAPI | VOOY | PAPI | VOOY | PAPI | VOOY | |
| 3 months | +4.7% | not published | 2.0% | not published | +2.5 pts | not published |
| 6 months | +5.6% | not published | 4.0% | not published | −12.4 pts | not published |
| 1 year | +12.8% | not published | 7.9% | not published | −3.8 pts | not published |
| Since launch | +35.6% | −0.3% | 22.5% | 0.0% | −49.6 pts | 0.0 pts |
| PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | VOOY XFUNDS Large Cap Income ETF Option income on SPY | |
|---|---|---|
| Issuer | Parametric | XFUNDS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | not established |
| Payout rate, annualized | 7.2% | not published |
| Expense ratio | 0.29% | not published |
| Cash paid, 1 year | 7.9% | 0.0% (since launch on Sep 2, 2026) |
| Price change, 1 year | +4.5% | −0.3% |
| Total return, 1 year | +12.8% | −0.3% (since launch on Sep 2, 2026) |
| Benchmark return, 1 year | +16.6% | −0.2% |
| Ahead or behind | −3.8 pts | 0.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1065 days | 16 days |
| Net assets | $400m | not published |
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.
VOOY in plain words
Over the period since launch on Sep 2, 2026 to Sep 18, 2026, VOOY paid 0.0% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned −0.3%. S&P 500 (SPY) returned −0.2% over the same days, so a holder was about even.
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, PAPI against VOOY, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-vooy Free to use with attribution; the underlying files are at Open data.