Data as of .
PAPI vs XYLG: which paid, and which earned it?
Over the year XYLG paid 13.2% of its price in cash against PAPI’s 7.9%, and returned more with it reinvested.
ETFIQ Return Stability Score: XYLG scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, PAPI and XYLG hold 13% of their money in the same securities at the same weight.
| Holding | PAPI | XYLG |
|---|---|---|
| Cisco Systems, Inc. | 0.77% | 0.66% |
| AbbVie, Inc. | 0.64% | 0.71% |
| Johnson & Johnson | 0.56% | 1.00% |
| Merck & Co., Inc. | 0.59% | 0.55% |
| Coca-Cola Co. (The) | 0.56% | 0.52% |
| Procter & Gamble Co. (The) | 0.49% | 0.52% |
| Costco Wholesale Corp. | 0.49% | 0.61% |
| Chevron Corp. | 0.45% | 0.63% |
| Microsoft Corp. | 0.39% | 5.59% |
| Texas Instruments, Inc. | 0.71% | 0.37% |
| Linde plc | 0.54% | 0.32% |
| Verizon Communications, Inc. | 0.48% | 0.30% |
| Only in PAPI | Only in XYLG |
|---|---|
| TD SYNNEX Corp. 0.81% | NVIDIA CORP 8.20% |
| Power Integrations, Inc. 0.73% | APPLE INC 7.50% |
| Royalty Pharma plc 0.73% | AMAZON.COM INC 3.81% |
| Millicom International Cellular SA 0.72% | ALPHABET INC-CL A 3.12% |
| Avnet, Inc. 0.71% | BROADCOM INC 2.59% |
| Reynolds Consumer Products, Inc. 0.68% | ALPHABET INC-CL C 2.48% |
| MSC Industrial Direct Co., Inc. 0.66% | META PLATFORMS INC 2.24% |
| International Business Machines Corp. 0.65% | MICRON TECHNOLOGY INC 1.75% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PAPI | XYLG | PAPI | XYLG | PAPI | XYLG | |
| 3 months | +4.7% | +3.6% | 2.0% | 1.3% | +2.5 pts | +1.3 pts |
| 6 months | +5.6% | +15.7% | 4.0% | 3.0% | −12.4 pts | −2.3 pts |
| 1 year | +12.8% | +17.2% | 7.9% | 13.2% | −3.8 pts | +0.7 pts |
| 3 years | not published | +60.9% | not published | 43.0% | not published | −17.5 pts |
| Since launch | +35.6% | +114.0% | 22.5% | 69.0% | −49.6 pts | −38.7 pts |
| PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | XYLG Global X S&P 500 Covered Call & Growth ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Parametric | Global X |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.2% | 4.4% |
| Expense ratio | 0.29% | 0.35% |
| Cash paid, 1 year | 7.9% | 13.2% |
| Price change, 1 year | +4.5% | +2.6% |
| Total return, 1 year | +12.8% | +17.2% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −3.8 pts | +0.7 pts |
| Return of capital, latest estimate | not published | 80% |
| Age | 1065 days | 2188 days |
| Net assets | $400m | $65m |
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.
XYLG in plain words
Over the year to Sep 18, 2026, XYLG paid 13.2% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +17.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.4%, paid monthly. Global X estimates that 80% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, PAPI or XYLG?
- Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting price in cash and XYLG paid 13.2%, so XYLG 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 XYLG?
- With every distribution reinvested, PAPI returned +12.8% and XYLG returned +17.2% over the year to Sep 18, 2026, so XYLG returned more.
- Which is cheaper, PAPI or XYLG?
- PAPI charges 0.29% a year and XYLG charges 0.35%, 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.
Cite this page. ETFIQ, PAPI against XYLG, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-xylg Free to use with attribution; the underlying files are at Open data.