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PAPIvsBMVPETF Comparison

ETF 1

PAPI

Parametric Equity Premium Income ETF

This fund is part of

Options Strategies

-0.04%

Full PAPI fund page

VS

ETF 2

BMVP

Invesco Bloomberg MVP Multi-Factor ETF

This fund is part of

US Multi-Factor

+0%

Full BMVP fund page

Parametric Equity Premium Income ETF (PAPI) belongs to the Options Strategies segment. Invesco Bloomberg MVP Multi-Factor ETF (BMVP) is part of the US Multi-Factor segment. PAPI's top 3 sector exposures are Energy, Information Technology and Consumer Discretionary. In contrast, BMVP's top sector exposures are Industrials, Information Technology and Financials. Both PAPI and BMVP have the same Total Expense Ratio (TER) of 0.29%. PAPI is up 5.1% year-to-date (YTD) with +$86M in YTD flows. BMVP performs worse with 4.66% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of PAPI and BMVP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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PAPI vs BMVP performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAPI BMVP	-1.75%+3.32%	+0.02%+0.05%	+5.10%+4.66%	+13.05%+12.51%	n/a+48.15%	n/a+33.06%
Flows	PAPI BMVP	+$34M-$1M	+$77M-$2M	+$86M-$3M	+$172M-$18M	--$23M	--$52M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAPI BMVP	+10.17%+10.70%	+10.37%+10.07%	n/a+12.18%	n/a+16.27%
Max drawdown	PAPI BMVP	-5.39%-6.86%	-5.39%-6.86%	n/a-15.00%	n/a-26.49%
Max drawdown duration	PAPI BMVP	53d78d	53d78d	n/a374d	n/a799d

Trading data

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	PAPI	BMVP
Last sale 4/28/2026 at 1:30 PM	$26.67	$51.22
Previous close 04/27/2026	$26.64	$51.11
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 29, 2026

1-year trailing difference

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PAPI

is actively managed and doesn’t replicate an index

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	PAPI	BMVP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/28/2026 at 1:30 PM

Live

Closed

	PAPI	BMVP
Last price	$26.67	$51.22
1D performance	+0.11%	+0.22%
AuM	$362.95 M	$100.62 M
E/R	0.29%	0.29%

Characteristics

	PAPI	BMVP
Management strategy	Active	Passive
Provider	Morgan Stanley	Invesco
Benchmark	-	Bloomberg MVP Index
N° of holdings	183	56
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 19, 2023	May 1, 2003
ESG	No	No

More PAPI data on Trackinsight

More BMVP data on Trackinsight

Exposure

Countries

PAPI

USA

88.73%

Other

11.27%

BMVP

USA

96.87%

Other

3.13%

Sectors

PAPI

Energy

11.8%

Information Techn.

11.24%

Consumer Discreti.

10.11%

Utilities

9.9%

Materials

9.88%

Industrials

9.4%

Other

37.67%

BMVP

Industrials

14.52%

Information Techn.

13.91%

Financials

12.95%

Health Care

11.01%

Consumer Discreti.

10.46%

Energy

7.88%

Other

29.26%

Diversification

PAPI

Total weight of top 15 holdings out of 15

10.87%

BMVP

Total weight of top 15 holdings out of 15

32.67%

Top 15 holdings

Data as of March 31, 2026

PAPI

PATTERSON UTI

0.84%

US71424F1057

0.82%

CORNING

0.76%

VALERO ENERGY

0.75%

LYONDELLBASELL INDUSTRIES

0.74%

GB00BMXNWH07

0.73%

PHILLIPS 66

0.73%

MAGNOLIA OIL AND GAS CORP

0.72%

CHORD ENERGY CORPORATION

0.70%

EXXON

0.69%

DOW INC

0.69%

CHEVRON TEXACO

0.69%

INTERNATIONAL SEAWAYS

0.68%

ROYALTY PHARMA

0.67%

COTERRA ENERGY

0.67%

BMVP

MARATHON PETROLEUM

2.77%

HALLIBURTON

2.56%

DEVON ENERGY

2.55%

LOCKHEED MARTIN

2.28%

VERIZON COMMUNICATIONS

2.21%

ROSS STORES

2.11%

KROGER

2.10%

JOHNSON&JOHNSON

2.08%

JABIL CIRCUIT

2.05%

AMERICAN ELECTRIC POWER

2.02%

BALL

2.00%

FIRSTENERGY

2.00%

EVERGY

2.00%

SYSCO

1.99%

CBOE GLOBAL MARKETS INC

1.95%

Frequently asked questions about PAPI and BMVP

How have the PAPI and BMVP ETFs performed in 2026?

As of April 24, 2026, PAPI is up 5.1% year-to-date (YTD), while BMVP has returned 4.66%. That puts PAPI better performer ahead so far this year.

Which ETF is attracting more investor money: PAPI or BMVP?

Year-to-date, the PAPI ETF saw +$86M in flows, compared to -$3M for BMVP.

Which ETF is more volatile: PAPI or BMVP?

Over the past year, PAPI had a volatility of 10.37%, while BMVP experienced 10.07%.

Which ETF is bigger: PAPI or BMVP?

As of April 24, 2026, PAPI holds $362.95 M in assets under management (AUM), while BMVP manages $100.62 M.

What sectors do the PAPI and BMVP ETFs invest in?

PAPI leans toward sectors like Energy, Information Technology and Consumer Discretionary. Meanwhile, BMVP focuses on Industrials, Information Technology and Financials.

PAPIvsBMVPETF Comparison

Parametric Equity Premium Income ETF

Invesco Bloomberg MVP Multi-Factor ETF

PAPI vs BMVP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PAPI and BMVP ETFs performed in 2026?

As of April 24, 2026, PAPI is up 5.1% year-to-date (YTD), while BMVP has returned 4.66%. That puts PAPI better performer ahead so far this year.

Which ETF is attracting more investor money: PAPI or BMVP?

Year-to-date, the PAPI ETF saw +$86M in flows, compared to -$3M for BMVP.

Which ETF is more volatile: PAPI or BMVP?

Over the past year, PAPI had a volatility of 10.37%, while BMVP experienced 10.07%.

Which ETF is bigger: PAPI or BMVP?

As of April 24, 2026, PAPI holds $362.95 M in assets under management (AUM), while BMVP manages $100.62 M.

What sectors do the PAPI and BMVP ETFs invest in?

PAPI leans toward sectors like Energy, Information Technology and Consumer Discretionary. Meanwhile, BMVP focuses on Industrials, Information Technology and Financials.

What are the top holdings of the PAPI ETF and BMVP ETF?

PAPI top holdings include PATTERSON UTI, US71424F1057 and CORNING. BMVP holds in its top three: MARATHON PETROLEUM, HALLIBURTON and DEVON ENERGY.

Which ETF is more diversified: PAPI or BMVP?

PAPI holds 188 securities with 10.87% of its assets in the top 15. BMVP has 56 securities and a top 15 weight of 32.67%.

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