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PAPIvsDFVEETF Comparison

ETF 1

PAPI

Parametric Equity Premium Income ETF

This fund is part of

Options Strategies

+0.4%

Full PAPI fund page

VS

ETF 2

DFVE

DoubleLine Fortune 500 Equal Weight ETF

This fund is part of

US Large Cap

+0.54%

Full DFVE fund page

Parametric Equity Premium Income ETF (PAPI) belongs to the Options Strategies segment. DoubleLine Fortune 500 Equal Weight ETF (DFVE) is part of the US Large Cap segment. PAPI's top 3 sector exposures are Information Technology, Consumer Discretionary and Energy. In contrast, DFVE's top sector exposures are Industrials, Consumer Discretionary and Financials. PAPI is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.2% for DFVE. PAPI is up 7.77% year-to-date (YTD) with +$119M in YTD flows. DFVE performs better with 12.89% YTD performance, and +$8M in YTD flows. Run a side-by-side ETF comparison of PAPI and DFVE 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 DFVE 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 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PAPI DFVE	+3.39%+4.70%	+0.85%+11.08%	+7.77%+12.89%	+13.48%+25.31%	n/an/a	n/an/a
Flows	PAPI DFVE	+$24M-$24K	+$75M+$4M	+$119M+$8M	+$174M+$12M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PAPI DFVE	+8.89%+12.90%	+10.25%+12.86%	n/an/a	n/an/a
Max drawdown	PAPI DFVE	-4.77%-3.10%	-6.88%-7.78%	n/an/a	n/an/a
Max drawdown duration	PAPI DFVE	65d36d	102d64d	n/an/a	n/an/a

Trading data

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	PAPI	DFVE
Last sale 6/12/2026 at 1:30 PM	$26.95	$35.84
Previous close 06/11/2026	$26.69	$35.56
Consolidated volume 06/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 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	DFVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	PAPI	DFVE
Last price	$26.95	$35.84
1D performance	+0.97%	+0.81%
AuM	$401.56 M	$32.26 M
E/R	0.29%	0.2%

Characteristics

	PAPI	DFVE
Management strategy	Active	Passive
Provider	Morgan Stanley	DoubleLine
Benchmark	-	Barclays Fortune 500 Equal Weighted Index
N° of holdings	179	427
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 19, 2023	February 1, 2024
ESG	No	No

More PAPI data on Trackinsight

More DFVE data on Trackinsight

Exposure

Countries

PAPI

USA

86.23%

Other

13.77%

DFVE

USA

97.62%

Other

2.38%

Sectors

PAPI

Information Techn.

11.9%

Consumer Discreti.

10.61%

Energy

9.79%

Industrials

9.74%

Health Care

9.62%

Utilities

9.41%

Other

38.93%

DFVE

Industrials

15.85%

Consumer Discreti.

15.55%

Financials

13.83%

Information Techn.

12.08%

Health Care

8.63%

Consumer Staples

7.17%

Other

26.89%

Diversification

PAPI

Total weight of top 15 holdings out of 15

9.44%

DFVE

Total weight of top 15 holdings out of 15

5.02%

Top 15 holdings

Data as of April 30, 2026

PAPI

PATTERSON UTI

0.71%

TD SYNNEX

0.67%

US71424F1057

0.66%

INTERNATIONAL SEAWAYS

0.66%

TARGET

0.65%

ROYALTY PHARMA

0.64%

GB00BMXNWH07

0.63%

TEXAS INSTRUMENTS

0.63%

CUMMINS

0.63%

AVNET

0.62%

CORNING

0.60%

ANALOG DEVICES

0.60%

VALERO ENERGY

0.59%

ALPHABET INC-CL

0.58%

POWER INTEGRATIONS

0.57%

DFVE

AVIS BUDGET

0.44%

INTEL-T

0.41%

DELL TECHNOLOGIES INC

0.38%

ADVANCED MICRO DEVICES

0.34%

PAR PACIFIC HOLDINGS INC

0.34%

OSCAR HEALTH

0.33%

OWENS & MINOR

0.32%

TD SYNNEX

0.32%

WESTERN DIGITAL

0.32%

HEWLETT PACKARD ENTERPRISE

0.31%

BLOCK INC

0.31%

SANMINA CORP

0.30%

MURPHY USA

0.30%

CAESARS ENTERTAINMENT INC

0.30%

PVH

0.30%

Frequently asked questions about PAPI and DFVE

How have the PAPI and DFVE ETFs performed in 2026?

As of June 12, 2026, PAPI is up 7.77% year-to-date (YTD), while DFVE has returned 12.89%. That puts DFVE better performer ahead so far this year.

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

Year-to-date, the PAPI ETF saw +$119M in flows, compared to +$8M for DFVE.

Which ETF is more volatile: PAPI or DFVE?

Over the past year, PAPI had a volatility of 10.25%, while DFVE experienced 12.86%.

Which ETF is bigger: PAPI or DFVE?

As of June 12, 2026, PAPI holds $401.56 M in assets under management (AUM), while DFVE manages $32.26 M.

What sectors do the PAPI and DFVE ETFs invest in?

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

PAPIvsDFVEETF Comparison

Parametric Equity Premium Income ETF

DoubleLine Fortune 500 Equal Weight ETF

PAPI vs DFVE 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 DFVE ETFs performed in 2026?

As of June 12, 2026, PAPI is up 7.77% year-to-date (YTD), while DFVE has returned 12.89%. That puts DFVE better performer ahead so far this year.

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

Year-to-date, the PAPI ETF saw +$119M in flows, compared to +$8M for DFVE.

Which ETF is more volatile: PAPI or DFVE?

Over the past year, PAPI had a volatility of 10.25%, while DFVE experienced 12.86%.

Which ETF is bigger: PAPI or DFVE?

As of June 12, 2026, PAPI holds $401.56 M in assets under management (AUM), while DFVE manages $32.26 M.

What sectors do the PAPI and DFVE ETFs invest in?

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

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

PAPI top holdings include PATTERSON UTI, TD SYNNEX and US71424F1057. DFVE holds in its top three: AVIS BUDGET, INTEL-T and DELL TECHNOLOGIES INC.

Which ETF is more diversified: PAPI or DFVE?

PAPI holds 183 securities with 9.44% of its assets in the top 15. DFVE has 436 securities and a top 15 weight of 5.02%.

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