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PAPIvsSDYETF Comparison
Parametric Equity Premium Income ETF (PAPI) belongs to the Options Strategies segment. SPDR S&P Dividend ETF (SDY) is part of the US High Dividend segment. PAPI's top 3 sector exposures are Information Technology, Consumer Discretionary and Industrials. In contrast, SDY's top sector exposures are Industrials, Utilities and Consumer Staples. PAPI is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.35% for SDY. PAPI is up 7.41% year-to-date (YTD) with +$44M in YTD flows. SDY performs worse with 6.52% YTD performance, and -$219M in YTD flows. Run a side-by-side ETF comparison of PAPI and SDY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
PAPI vs SDY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PAPI SDY | -3.00%-3.81% | +6.17%+5.44% | +7.41%+6.52% | +13.08%+13.91% | n/a+33.43% | n/a+42.24% |
| Flows | PAPI SDY | +$31M-$39M | +$53M-$212M | +$44M-$219M | +$166M-$1.04B | --$5.54B | --$1.98B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PAPI SDY | +10.20%+10.15% | +13.84%+13.95% | n/a+12.50% | n/a+14.12% |
| Max drawdown | PAPI SDY | -3.32%-4.99% | -11.32%-10.64% | n/a-14.33% | n/a-15.22% |
| Max drawdown duration | PAPI SDY | 9d11d | 139d43d | n/a254d | n/a107d |
PAPI | SDY | |
Last sale 3/13/2026 at 1:30 PM | $27.26 | $148.56 |
| Previous close 03/12/2026 | $27.26 | $148.21 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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PAPI | SDY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
PAPI | SDY | |
|---|---|---|
| Last price | $27.26 | $148.56 |
| 1D performance | +0.02% | +0.24% |
| AuM | $331.66 M | $20.96 B |
| E/R | 0.29% | 0.35% |
PAPI | SDY | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Morgan Stanley | SPDR |
| Benchmark | - | S&P High Yield Dividend Aristocrats Index |
| N° of holdings | 182 | 152 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | November 8, 2005 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the PAPI and SDY ETFs performed in 2026?
As of March 11, 2026, PAPI is up 7.41% year-to-date (YTD), while SDY has returned 6.52%. That puts PAPI better performer ahead so far this year.
Which ETF is attracting more investor money: PAPI or SDY?
Year-to-date, the PAPI ETF saw +$44M in flows, compared to -$219M for SDY.
Which ETF is more volatile: PAPI or SDY?
Over the past year, PAPI had a volatility of 13.84%, while SDY experienced 13.95%.
Which ETF is bigger: PAPI or SDY?
As of March 11, 2026, PAPI holds $331.66 M in assets under management (AUM), while SDY manages $20.96 B.
What sectors do the PAPI and SDY ETFs invest in?
PAPI leans toward sectors like Information Technology, Consumer Discretionary and Industrials. Meanwhile, SDY focuses on Industrials, Utilities and Consumer Staples.
What are the top holdings of the PAPI ETF and SDY ETF?
PAPI top holdings include ROBERT HALF, MANPOWERGROUP and CORNING. SDY holds in its top three: VERIZON COMMUNICATIONS, REALTY INCOME REIT and CHEVRON TEXACO.
Which ETF is more diversified: PAPI or SDY?
PAPI holds 187 securities with 9.1% of its assets in the top 15. SDY has 154 securities and a top 15 weight of 25.79%.
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