Data as of Nov 4, 2026.

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Income ETFs

PAPI vs XIJN: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, PAPI paid 8.2% of its price in cash against XIJN’s 6.9%, and returned more with it reinvested.

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Net assets: $400m on Jun 30, 2026 for Parametric Equity Premium Income ETF, and $50m on Nov 3, 2026 for FT Vest U.S. Equity Buffer & Premium Income ETF - June.

At a glance
8.2%
PAPI cash paid, 1 year
6.9%
XIJN cash paid, 1 year
+23.4%
PAPI total return, 1 year
+6.8%
XIJN total return, 1 year
PAPI · 1 year to Nov 4, 2026 9.4 pts behind IWD
PAPI
+23.4%
IWD
+32.8%

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. Total return, distributions reinvested. 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.
XIJN · 1 year to Nov 4, 2026 8 pts behind VOO
XIJN
+6.8%
VOO
+14.8%

8 pts behind VOO

XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIJN

+6.8%

6.9% as cash

8 pts behind VOO

Total return, distributions reinvested

8 pts behind VOO

XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIJN

+6.8%

8 pts behind VOO

6.9% of it arrived as cash. Both charts share one scale, with zero at the line. XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

PAPI costs 0.56 points a year less; their one-year returns differ by 16.6 points.

Points (pts) are percentage points.

PAPI vs XIJN: Dividend Yield & Total Return
MeasurePAPIXIJN
Paid and earned
Total return, 1 year+23.4%+6.8%
Price change, 1 yearrose 14.3%fell 0.3%
Against its benchmark
BenchmarkiShares Russell 1000 Value ETF, measured through IWDVanguard S&P 500 ETF, measured through VOO
Against its benchmark, same daysbehind by 9.4 ptsbehind by 8.0 pts
Cost and size
Expense ratio0.29%0.85%
Net assets, PAPI as of Jun 30, 2026 and XIJN as of Nov 3, 2026$400m$50m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · PAPI scores higher How much of what it paid out did its total return cover?
IQ Income Score96.1PAPI55.4XIJN

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

0%

By the books each fund has filed, PAPI and XIJN hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PAPI XIJN
Only in one fund ↓
Only in PAPI
Corning, Inc. 1.00%
TD SYNNEX Corp. 0.80%
Cisco Systems, Inc. 0.76%
Power Integrations, Inc. 0.73%
Royalty Pharma plc 0.72%
Millicom International Cellular SA 0.72%
Avnet, Inc. 0.70%
Texas Instruments, Inc. 0.70%
Only in XIJN
2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.07 100.31%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.73 3.98%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 672.06 -1.97%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 746.73 -7.46%
Check overlap with more funds →

Side by side

PAPI Parametric Equity Premium Income ETF · Writes options on the S&P 500, measured against the Russell 1000 Value Index, paying monthly XIJN FT Vest U.S. Equity Buffer & Premium Income ETF - June · Buffer with income on VOO, paying monthly
Strategy covered call buffer with income
Benchmark iShares Russell 1000 Value ETF (IWD) Vanguard S&P 500 ETF (VOO)
Pays monthly monthly
Payout rate, annualized 6.8% 6.7%
Expense ratio 0.29% 0.85%
Cash paid, 1 year 8.2% 6.9%
Price change, 1 year +14.3% −0.3%
Total return, 1 year +23.4% +6.8%
Benchmark return, 1 year +32.8% +14.8%
Ahead or behind −9.4 pts −8.0 pts
Return of capital, latest estimate not published 95%
Age 3.0 years 2.4 years
Net assets, PAPI as of Jun 30, 2026 and XIJN as of Nov 3, 2026 $400m $50m

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

Window by window: PAPI vs XIJN: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowPAPIXIJNPAPIXIJNPAPIXIJN
3 months+6.6%+1.4%1.8%1.7%+2.6 pts+1.6 pts
6 months+13.2%+3.2%3.9%3.4%−0.7 pts−1.8 pts
1 year+23.4%+6.8%8.2%6.9%−9.4 pts−8.0 pts
3 years+44.5%–23.7%–−39.8 pts–
Since launchNot the same days: PAPI Oct 2023 · XIJN Jun 2024+45.5%+17.7%23.9%15.8%−42.4 pts−27.5 pts

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About each fund
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.

XIJN

Over the year to Nov 4, 2026, XIJN paid 6.9% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.8%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 8.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.7%, paid monthly. First Trust estimates that 95% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, PAPI or XIJN?
Over the year to Nov 4, 2026, PAPI paid 8.2% of its starting price in cash and XIJN paid 6.9%, 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 XIJN?
With every distribution reinvested, PAPI returned +23.4% and XIJN +6.8% over the year to Nov 4, 2026.
Which is cheaper, PAPI or XIJN?
PAPI charges 0.29% a year and XIJN charges 0.85%, so PAPI is cheaper. Fees come from each fund's prospectus.
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, PAPI against XIJN, data as of Nov 4, 2026. https://etfiq.com/compare/income/papi-vs-xijn

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