PAPI vs SPY

APAPI

BSPY

Measures won3–2PAPI wins · of 6 · 3Y

$10,000 · 3Y$18,039SPY · PAPI $14,556

Lowest cost0.09%SPY · $9 on $10k

Most income7.31%PAPI · $731 on $10k

Smallest drop−6.9%PAPI · worst fall in 1Y

Held in common17.5%PAPI and SPY

PAPI

SPY

Parametric Equity Premium Income ETF · $561MState Street SPDR S&P 500 ETF · $819B

+13.3%3 years · per year$14,556 · $18,039+21.7%

[…]5 years · per year[…] · $17,118+11.3%

0.29%Expense ratio$29 · $9 on $10k · lower wins0.09%

7.31%12-mo yield$731 · $103 on $10k1.03%

−6.9%Worst dropSmaller wins−8.9%

10.4%VolatilityLower wins13.6%

3–2PAPI wins

$10,000 · 3 yearsOne scale

Shared top holdingsPAPI · SPY

0.6%HD0.6%

0.5%COST0.7%

0.5%MSFT6.3%

0.5%ABBV0.8%

Held in common17.5%

End-of-day Nov 6, 2026 · $10,000 3 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

3Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	APAPI	Parametric Equity Premium Income ETFRead Desk		0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$561M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

3Y2 funds

#			Trend
1	BSPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.03%	+0.3%	+8.7%	+9.7%	+21.7%	+11.3%	−8.9%	$818.5B
2	APAPI	Parametric Equity Premium Income ETFRead Desk		0.29%	7.31%	−1.7%	+17.3%	+21.3%	+13.3%	new	−6.9%	$561M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PAPI vs SPY

PAPI

Parametric Equity Premium Income

$14,556

SPY

SPDR S&P 500

$18,039

MeasurePAPISPY

Fee0.29%0.09%

Cost on $10k a year$29$9

Yield7.31%1.03%

5 years, per year[…]+11.3%

3 years, per year+13.3%+21.7%

Worst drop · 1Y−6.9%−8.9%

Volatility · 1Y10.4%13.6%

3–2measures won
PAPI first

17.5%

holdings shared

Nov 6, 2026 · $10,000 three years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

Overlap: PAPI, SPY

Today

17.5%most shared, PAPI and SPY

PAPISPY

PAPI—17.5%

SPY17.5%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$702most kept, PAPI

PAPI$731 − $29 = $702

SPY$103 − $9 = $94

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee