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Data as of .

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

Over the year PAPI paid 7.9% of its price in cash against XIDE’s 6.3%, and returned more with it reinvested.

Parametric Equity Premium Income ETF and FT Vest U.S. Equity Buffer & Premium Income ETF - December.

7.9%PAPI cash paid, 1 year
6.3%XIDE cash paid, 1 year
+12.8%PAPI total return, 1 year
+6.5%XIDE total return, 1 year

ETFIQ Return Stability Score: PAPI scores higher

Was the payout funded by returns, or by your own capital?

PAPI 62.8XIDE 44.13.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

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
XIDE10.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XIDE+6.5%6.3% of it arrived as cash10.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XIDE+6.5%10.1 pts behind SPY

What they hold in common

By the books each fund has filed, PAPI and XIDE hold 0% of their money in the same securities at the same weight.

Only in each
Only in PAPIOnly in XIDE
Corning, Inc. 1.01%2026-12-18 State Street® SPDR® S&P 500® ETF Trust C 0.07 110.36%
TD SYNNEX Corp. 0.81%U.S. Treasury Bill, 0%, due 11/27/2026 1.02%
Cisco Systems, Inc. 0.77%2026-12-18 State Street® SPDR® S&P 500® ETF Trust P 680.58 0.73%
Power Integrations, Inc. 0.73%U.S. Treasury Bill, 0%, due 10/01/2026 0.51%
Royalty Pharma plc 0.73%U.S. Treasury Bill, 0%, due 10/29/2026 0.51%
Millicom International Cellular SA 0.72%US Dollar 0.49%
Avnet, Inc. 0.71%2026-12-18 State Street® SPDR® S&P 500® ETF Trust P 612.52 -0.33%
Texas Instruments, Inc. 0.71%2026-12-18 State Street® SPDR® S&P 500® ETF Trust C 680.58 -13.29%

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 18, 2026.

Performance, window by window

PAPI and XIDE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PAPIXIDEPAPIXIDEPAPIXIDE
3 months+4.7%+1.6%2.0%1.5%+2.5 pts−0.7 pts
6 months+5.6%+6.0%4.0%3.2%−12.4 pts−12.0 pts
1 year+12.8%+6.5%7.9%6.3%−3.8 pts−10.1 pts
Since launch+35.6%+19.9%22.5%17.4%−49.6 pts−46.8 pts
Open the live comparison on ETFIQ
PAPI and XIDE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PAPI
Parametric Equity Premium Income ETF
Covered call on SPY, paying monthly
XIDE
FT Vest U.S. Equity Buffer & Premium Income ETF - December
Buffer with income on SPY, paying monthly
IssuerParametricFirst Trust
Strategycovered callbuffer with income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized7.2%6.2%
Expense ratio0.29%0.85%
Cash paid, 1 year7.9%6.3%
Price change, 1 year+4.5%0.0%
Total return, 1 year+12.8%+6.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−3.8 pts−10.1 pts
Return of capital, latest estimatenot publishednot published
Age1065 days1005 days
Net assets$400m$23m

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.

XIDE in plain words

Over the year to Sep 18, 2026, XIDE paid 6.3% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +6.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.2%, paid monthly.

Questions people ask

Which paid more, PAPI or XIDE?
Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting price in cash and XIDE paid 6.3%, so PAPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, PAPI or XIDE?
With every distribution reinvested, PAPI returned +12.8% and XIDE returned +6.5% over the year to Sep 18, 2026, so PAPI returned more.
Which is cheaper, PAPI or XIDE?
PAPI charges 0.29% a year and XIDE charges 0.85%, 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.

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

How every figure is computed · Standards and sources