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PAPIvsULVMETF Comparison
Parametric Equity Premium Income ETF (PAPI) belongs to the Options Strategies segment. VictoryShares US Value Momentum ETF (ULVM) is part of the US Multi-Factor segment. PAPI's top 3 sector exposures are Information Technology, Consumer Discretionary and Industrials. In contrast, ULVM's top sector exposures are Financials, Information Technology and Industrials. PAPI is more expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.25% for ULVM. PAPI is up 7.41% year-to-date (YTD) with +$44M in YTD flows. ULVM performs worse with 4.7% YTD performance, and +$19M in YTD flows. Run a side-by-side ETF comparison of PAPI and ULVM 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 ULVM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PAPI ULVM | -3.00%-3.94% | +6.17%+3.72% | +7.41%+4.70% | +13.08%+24.38% | n/a+66.14% | n/a+69.98% |
| Flows | PAPI ULVM | +$31M+$5M | +$53M+$19M | +$44M+$19M | +$166M+$54M | --$69M | --$413M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PAPI ULVM | +10.20%+11.26% | +13.84%+16.98% | n/a+14.03% | n/a+15.70% |
| Max drawdown | PAPI ULVM | -3.32%-4.62% | -11.32%-13.34% | n/a-18.21% | n/a-19.79% |
| Max drawdown duration | PAPI ULVM | 9d15d | 139d46d | n/a232d | n/a717d |
PAPI | ULVM | |
Last sale 3/13/2026 at 1:30 PM | $27.26 | $95.32 |
| Previous close 03/12/2026 | $27.26 | $95.54 |
| 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 | ULVM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
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PAPI | ULVM | |
|---|---|---|
| Last price | $27.26 | $95.32 |
| 1D performance | +0.02% | -0.23% |
| AuM | $331.66 M | $233.53 M |
| E/R | 0.29% | 0.25% |
PAPI | ULVM | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Morgan Stanley | VictoryShares |
| Benchmark | - | Nasdaq Victory US Value Momentum Index |
| N° of holdings | 182 | 118 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 19, 2023 | October 24, 2017 |
| 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 ULVM ETFs performed in 2026?
As of March 11, 2026, PAPI is up 7.41% year-to-date (YTD), while ULVM has returned 4.7%. That puts PAPI better performer ahead so far this year.
Which ETF is attracting more investor money: PAPI or ULVM?
Year-to-date, the PAPI ETF saw +$44M in flows, compared to +$19M for ULVM.
Which ETF is more volatile: PAPI or ULVM?
Over the past year, PAPI had a volatility of 13.84%, while ULVM experienced 16.98%.
Which ETF is bigger: PAPI or ULVM?
As of March 11, 2026, PAPI holds $331.66 M in assets under management (AUM), while ULVM manages $233.53 M.
What sectors do the PAPI and ULVM ETFs invest in?
PAPI leans toward sectors like Information Technology, Consumer Discretionary and Industrials. Meanwhile, ULVM focuses on Financials, Information Technology and Industrials.
What are the top holdings of the PAPI ETF and ULVM ETF?
PAPI top holdings include ROBERT HALF, MANPOWERGROUP and CORNING. ULVM holds in its top three: CENTERPOINT ENERGY, REALTY INCOME REIT and AMEREN.
Which ETF is more diversified: PAPI or ULVM?
PAPI holds 187 securities with 9.1% of its assets in the top 15. ULVM has 121 securities and a top 15 weight of 19.39%.
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