Data as of .
PAPI vs YLDE: which paid, and which earned it?
Over the year PAPI paid 7.9% of its price in cash against YLDE’s 7.6%, and returned more with it reinvested.
ETFIQ Return Stability Score: PAPI 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 YLDE hold 8% of their money in the same securities at the same weight.
| Holding | PAPI | YLDE |
|---|---|---|
| Texas Instruments, Inc. | 0.71% | 2.28% |
| Automatic Data Processing, Inc. | 0.60% | 2.05% |
| Alphabet, Inc. | 0.59% | 3.60% |
| Coca-Cola Co. (The) | 0.56% | 2.00% |
| Johnson & Johnson | 0.56% | 1.99% |
| Home Depot, Inc. (The) | 0.55% | 1.39% |
| Linde plc | 0.54% | 1.56% |
| Williams Cos., Inc. (The) | 0.53% | 4.63% |
| RTX Corp. | 0.52% | 1.00% |
| Vulcan Materials Co. | 0.51% | 1.72% |
| Air Products and Chemicals, Inc. | 0.51% | 2.83% |
| Becton Dickinson & Co. | 0.50% | 2.07% |
| Only in PAPI | Only in YLDE |
|---|---|
| Corning, Inc. 1.01% | NVIDIA CORP 3.03% |
| TD SYNNEX Corp. 0.81% | NESTLE' SA/AG 2.94% |
| Cisco Systems, Inc. 0.77% | APOLLO GLOBAL MANAGEMENT INC 2.78% |
| Power Integrations, Inc. 0.73% | UNILEVER PLC 2.64% |
| Royalty Pharma plc 0.73% | PUBLIC STORAGE 2.59% |
| Millicom International Cellular SA 0.72% | MARSH & MCLENNAN COMPANIES INC 2.52% |
| Avnet, Inc. 0.71% | JP MORGAN CHASE & COMPANY 2.51% |
| Cummins, Inc. 0.70% | OTIS WORLDWIDE CORP 2.49% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| PAPI | YLDE | PAPI | YLDE | PAPI | YLDE | |
| 3 months | +4.7% | +2.5% | 2.0% | 2.3% | +2.5 pts | +0.3 pts |
| 6 months | +5.6% | +8.4% | 4.0% | 4.1% | −12.4 pts | −9.6 pts |
| 1 year | +12.8% | +10.5% | 7.9% | 7.6% | −3.8 pts | −6.0 pts |
| 3 years | not published | +51.1% | not published | 16.8% | not published | −27.3 pts |
| Since launch | +35.6% | +181.4% | 22.5% | 42.1% | −49.6 pts | −86.6 pts |
| PAPI Parametric Equity Premium Income ETF Covered call on SPY, paying monthly | YLDE Franklin ClearBridge Enhanced Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Parametric | Franklin |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.2% | 7.0% |
| Expense ratio | 0.29% | 0.48% |
| Cash paid, 1 year | 7.9% | 7.6% |
| Price change, 1 year | +4.5% | +2.6% |
| Total return, 1 year | +12.8% | +10.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −3.8 pts | −6.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1065 days | 3405 days |
| Net assets | $400m | $170m |
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.
YLDE in plain words
Over the year to Sep 18, 2026, YLDE paid 7.6% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +10.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.0%, paid monthly.
Questions people ask
- Which paid more, PAPI or YLDE?
- Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting price in cash and YLDE paid 7.6%, 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 YLDE?
- With every distribution reinvested, PAPI returned +12.8% and YLDE returned +10.5% over the year to Sep 18, 2026, so PAPI returned more.
- Which is cheaper, PAPI or YLDE?
- PAPI charges 0.29% a year and YLDE charges 0.48%, 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 YLDE, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-ylde Free to use with attribution; the underlying files are at Open data.