PAPIvsQYLDETF Comparison
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Parametric Equity Premium Income ETF (PAPI) and Global X Nasdaq 100 Covered Call ETF (QYLD) belong to the same industry segment: Options Strategies. PAPI is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.6% for QYLD. PAPI is up 15.14% year-to-date (YTD) with +$236M in YTD flows. QYLD performs worse with 13.03% YTD performance, and -$134M in YTD flows. Run a side-by-side ETF comparison of PAPI and QYLD 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 QYLD 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 QYLD | +5.29%-1.43% | +4.30%+5.53% | +15.14%+13.03% | +16.48%+17.89% | +42.23%+56.78% | n/a+47.62% |
| Flows | PAPI QYLD | +$34M+$9M | +$95M+$21M | +$236M-$134M | +$249M-$185M | +$490M+$121M | -+$4.81B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PAPI QYLD | +9.37%+9.84% | +9.92%+11.28% | +11.32%+13.51% | n/a+15.29% |
| Max drawdown | PAPI QYLD | -5.95%-2.63% | -6.88%-5.84% | -14.08%-19.06% | n/a-24.74% |
| Max drawdown duration | PAPI QYLD | 58d8d | 135d39d | 379d239d | n/a771d |
Trading data
PAPI | QYLD | |
Last sale 10/26/2026 at 1:30 PM | $28.11 | $18.24 |
| Previous close 10/23/2026 | $28.12 | $18.09 |
| Consolidated volume 10/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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PAPI
is actively managed and doesn’t replicate an indexPAPI | QYLD | |
|---|---|---|
| Tracking error | ||
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| 1 year cumulative return difference | ||
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Main metrics
Last update 10/26/2026 at 1:30 PM
Live
Closed
PAPI | QYLD | |
|---|---|---|
| Last price | $28.11 | $18.24 |
| 1D performance | -0.04% | +0.83% |
| AuM | $537.16 M | $8.29 B |
| E/R | 0.29% | 0.6% |
Characteristics
PAPI | QYLD | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Morgan Stanley | Global X |
| Benchmark | - | CBOE Nasdaq 100 BuyWrite V2 Index |
| N° of holdings | - | - |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | December 11, 2013 |
| ESG | No | No |
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Exposure
Countries
PAPI
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QYLD
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Sectors
PAPI
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QYLD
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Diversification
PAPI
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QYLD
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Top 15 holdings
Data as of January 1, 1970
PAPI
Data will be available soon
QYLD
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Frequently asked questions about PAPI and QYLD
How have the PAPI and QYLD ETFs performed in 2026?
As of October 23, 2026, PAPI is up 15.14% year-to-date (YTD), while QYLD has returned 13.03%. That puts PAPI better performer ahead so far this year.
Which ETF is attracting more investor money: PAPI or QYLD?
Year-to-date, the PAPI ETF saw +$236M in flows, compared to -$134M for QYLD.
Which ETF is more volatile: PAPI or QYLD?
Over the past year, PAPI had a volatility of 9.92%, while QYLD experienced 11.28%.
Which ETF is bigger: PAPI or QYLD?
As of October 23, 2026, PAPI holds $537.16 M in assets under management (AUM), while QYLD manages $8.29 B.
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