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Data as of .

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

Over the year YYY paid 12.1% of its price in cash against PAPI’s 7.9%, though PAPI returned more with it reinvested.

Parametric Equity Premium Income ETF and Amplify CEF High Income ETF.

7.9%PAPI cash paid, 1 year
12.1%YYY cash paid, 1 year
+12.8%PAPI total return, 1 year
+3.4%YYY total return, 1 year

ETFIQ Return Stability Score: PAPI scores higher

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

PAPI 62.8YYY 22.33.8, 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
YYY13.2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%YYY+3.4%12.1% as cash13.2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%YYY+3.4%13.2 pts behind SPY

What they hold in common

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

Only in each
Only in PAPIOnly in YYY
Corning, Inc. 1.01%abrdn Total Dynamic Dividend Fund 3.61%
TD SYNNEX Corp. 0.81%BlackRock ESG Capital Allocation Term Trust 3.33%
Cisco Systems, Inc. 0.77%Tortoise Energy Infrastructure Corp 3.32%
Power Integrations, Inc. 0.73%Nuveen Floating Rate Income Fund/Closed-end Fund 3.30%
Royalty Pharma plc 0.73%PIMCO High Income Fund 3.04%
Millicom International Cellular SA 0.72%Guggenheim Strategic Opportunities Fund 2.98%
Avnet, Inc. 0.71%Nuveen Credit Strategies Income Fund 2.66%
Texas Instruments, Inc. 0.71%Western Asset Diversified Income Fund 2.45%

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 21, 2026.

Performance, window by window

PAPI and YYY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
PAPIYYYPAPIYYYPAPIYYY
3 months+4.7%−2.5%2.0%3.1%+2.5 pts−4.8 pts
6 months+5.6%+4.7%4.0%6.5%−12.4 pts−13.3 pts
1 year+12.8%+3.4%7.9%12.1%−3.8 pts−13.2 pts
3 yearsnot published+37.1%not published37.7%not published−41.3 pts
Since launch+35.6%+117.8%22.5%112.4%−49.6 pts−519.1 pts
Open the live comparison on ETFIQ
PAPI and YYY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
PAPI
Parametric Equity Premium Income ETF
Covered call on SPY, paying monthly
YYY
Amplify CEF High Income ETF
Option income on SPY, paying monthly
IssuerParametricAmplify
Strategycovered calloption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as the proxy
Paysmonthlymonthly
Payout rate, annualized7.2%13.3%
Expense ratio0.29%3.23%
Cash paid, 1 year7.9%12.1%
Price change, 1 year+4.5%−8.8%
Total return, 1 year+12.8%+3.4%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−3.8 pts−13.2 pts
Return of capital, latest estimatenot publishednot published
Age1065 days5211 days
Net assets$400m$702m

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.

YYY in plain words

Over the year to Sep 18, 2026, YYY paid 12.1% of its starting value in cash distributions while its price fell 8.8%. With every distribution reinvested, the fund returned +3.4%. S&P 500 (SPY), used as the proxy returned +16.6% over the same days, so a holder was behind by 13.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.3%, paid monthly.

Questions people ask

Which paid more, PAPI or YYY?
Over the year to Sep 18, 2026, PAPI paid 7.9% of its starting price in cash and YYY paid 12.1%, so YYY 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 YYY?
With every distribution reinvested, PAPI returned +12.8% and YYY returned +3.4% over the year to Sep 18, 2026, so PAPI returned more.
Which is cheaper, PAPI or YYY?
PAPI charges 0.29% a year and YYY charges 3.23%, 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 YYY, 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 YYY, data as of Sep 18, 2026. https://etfiq.com/compare/income/papi-vs-yyy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources