SPY vs PAPI

ASPY

BPAPI

Measures won2–3PAPI wins · of 6 · 3Y

$10,000 · 3Y$17,968SPY · PAPI $14,466

Lowest cost0.09%SPY · $9 on $10k

Most income7.28%PAPI · $728 on $10k

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

Held in common17.4%SPY and PAPI

State Street SPDR S&P 500 ETF · $793BParametric Equity Premium Income ETF · $569M

+21.6%3 years · per year$17,968 · $14,466+13.1%

+11.6%5 years · per year$17,337 · […][…]

0.09%Expense ratio$9 · $29 on $10k · lower wins0.29%

1.00%12-mo yield$100 · $728 on $10k7.28%

−8.9%

End-of-day Nov 12, 2026 · $10,000 3 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

3Y2 funds

#			Trend
1	ASPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.00%	−0.4%	+11.9%	+12.0%	+21.6%	+11.6%	−8.9%	$793.2B
2	BPAPI	Parametric Equity Premium Income ETFRead Desk		0.29%	7.28%	−0.7%	+17.7%	+18.9%	+13.1%	new	−6.9%	$569M

End-of-day Nov 12, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

3Y2 funds

#			Trend
1	ASPY	State Street SPDR S&P 500 ETFRead Desk		0.09%	1.00%	−0.4%	+11.9%	+12.0%	+21.6%	+11.6%	−8.9%	$793.2B
2	BPAPI	Parametric Equity Premium Income ETFRead Desk		0.29%	7.28%	−0.7%	+17.7%	+18.9%	+13.1%	new	−6.9%	$569M

End-of-day Nov 12, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

SPY

SPDR S&P 500

$17,968

PAPI

Parametric Equity Premium Income

$14,467

Loading…