PAPIvsDIVOETF Comparison
VS
Parametric Equity Premium Income ETF (PAPI) and Amplify CWP Enhanced Dividend Income ETF (DIVO) belong to the same industry segment: Options Strategies. PAPI is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.56% for DIVO. PAPI is up 15.14% year-to-date (YTD) with +$236M in YTD flows. DIVO performs worse with 10.92% YTD performance, and +$1.84B in YTD flows. Run a side-by-side ETF comparison of PAPI and DIVO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PAPI vs DIVO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PAPI DIVO | +5.29%+1.55% | +4.30%+3.69% | +15.14%+10.92% | +16.48%+13.37% | +42.23%+62.77% | n/a+66.36% |
| Flows | PAPI DIVO | +$34M+$206M | +$95M+$466M | +$236M+$1.84B | +$249M+$2.31B | +$490M+$3.85B | -+$6.10B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PAPI DIVO | +9.37%+8.41% | +9.92%+9.37% | +11.32%+10.63% | n/a+11.81% |
| Max drawdown | PAPI DIVO | -5.95%-4.23% | -6.88%-5.92% | -14.08%-12.14% | n/a-13.52% |
| Max drawdown duration | PAPI DIVO | 58d50d | 135d114d | 379d130d | n/a329d |
Trading data
PAPI | DIVO | |
Last sale 10/26/2026 at 1:30 PM | $28.11 | $47.76 |
| Previous close 10/23/2026 | $28.12 | $47.57 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
PAPI | DIVO | |
|---|---|---|
| Last price | $28.11 | $47.76 |
| 1D performance | -0.04% | +0.40% |
| AuM | $537.16 M | $8.09 B |
| E/R | 0.29% | 0.56% |
Characteristics
PAPI | DIVO | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Morgan Stanley | Amplify ETFs |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | December 12, 2016 |
| ESG | No | No |
Advertisement
Exposure
Countries
PAPI
Data will be available soon
DIVO
Data will be available soon
Sectors
PAPI
Data will be available soon
DIVO
Data will be available soon
Advertisement
Diversification
PAPI
Data will be available soon
DIVO
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
PAPI
Data will be available soon
DIVO
Data will be available soon
Frequently asked questions about PAPI and DIVO
How have the PAPI and DIVO ETFs performed in 2026?
As of October 23, 2026, PAPI is up 15.14% year-to-date (YTD), while DIVO has returned 10.92%. That puts PAPI better performer ahead so far this year.
Which ETF is attracting more investor money: PAPI or DIVO?
Year-to-date, the PAPI ETF saw +$236M in flows, compared to +$1.84B for DIVO.
Which ETF is more volatile: PAPI or DIVO?
Over the past year, PAPI had a volatility of 9.92%, while DIVO experienced 9.37%.
Which ETF is bigger: PAPI or DIVO?
As of October 23, 2026, PAPI holds $537.16 M in assets under management (AUM), while DIVO manages $8.09 B.
Advertisement
Latest news about PAPI & DIVO
How Covered Call ETFs Evolved Through the Years
August 12, 2026
DIVO
Bigger Isn’t Always Better Part I: 3 “Boutique” ETF Issuers to Watch
January 23, 2025
DIVO
Advertisement
Options Strategies in ETFs, Part 2: Covered Call ETFs
November 8, 2023
DIVO
Options Strategies in ETFs, Part 2: Covered Call ETFs
November 8, 2023
DIVO
Advertisement
