PAPI - ETF AI Analysis
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Parametric Equity Premium Income ETF (PAPI)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many different sectors, which can help reduce the impact if any one industry struggles.
Generally Strong Top Holdings
Most of the largest positions, such as Royal Gold, International Seaways, and LCI Industries, have shown strong year-to-date performance, supporting the ETF’s overall returns.
Moderate Expense Ratio
The fund’s expense ratio is relatively modest for an actively managed strategy, allowing investors to keep more of their returns compared with higher-cost funds.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Smaller Asset Base
The fund’s asset size is still relatively small, which can sometimes mean less trading liquidity compared with larger, more established ETFs.
Mixed Performance Among Top Holdings
While several top holdings have performed well, some like Jack Henry & Associates have shown only modest gains, which can slightly dampen overall momentum.
PAPI vs. SPDR S&P 500 ETF (SPY)
AUM346.10M
RegionNorth America
Expense Ratio0.29%
Beta0.43
IssuerParametric
Inception DateOct 16, 2023
Dividend Yield7.28%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume52,841
30 Day Avg. Volume72,402
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
30.58Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering191
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PAPI Summary
The Parametric Equity Premium Income ETF (PAPI) is a U.S.-focused fund that aims to cover the total stock market while also generating extra income. It doesn’t track a single index, but instead uses a rules-based approach to invest across many sectors, including technology, health care, energy, and more. Well-known holdings include United Parcel Service (UPS) and Royal Gold. Someone might consider PAPI for broad diversification plus added income potential. A key risk is that it still invests in stocks, so its value can go up and down with the overall market.
How much will it cost me?The Parametric Equity Premium Income ETF (PAPI) has an expense ratio of 0.29%, which means you’ll pay $2.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, using sophisticated strategies to optimize returns and generate premium income. Active management typically involves more research and trading, which increases costs.
What would affect this ETF?The Parametric Equity Premium Income ETF (PAPI) could benefit from positive trends in its key sectors, such as Technology and Health Care, which often thrive during periods of innovation and increased consumer demand. However, potential risks include economic slowdowns or rising interest rates, which could negatively impact sectors like Consumer Cyclical and Financials. Additionally, regulatory changes or geopolitical tensions in the U.S., where the ETF is focused, could create uncertainty for its holdings.
PAPI Top 10 Holdings
PAPI’s story right now is all about energy doing the heavy lifting. Names like Permian Resources, Valero, Phillips 66, Magnolia Oil & Gas, and Chevron have been steadily rising, giving the fund a strong tailwind from the U.S. oil patch. Corning adds a more tech-oriented angle with a mixed pattern—recently soft but still on an upward track over the past few months. Overall, the ETF may be marketed as broad U.S. market exposure, but its top drivers are clearly clustered in traditional energy, which can cut both ways if oil sentiment turns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 1.64% | $5.64M | ― | ― | ― | |
| Patterson-UTI | 0.89% | $3.07M | $4.19B | 34.43% | 56 Neutral | |
| Permian Resources | 0.84% | $2.89M | $17.97B | 55.16% | 81 Outperform | |
| Valero Energy | 0.78% | $2.68M | $74.84B | 89.50% | 69 Neutral | |
| Corning | 0.77% | $2.67M | $110.29B | 180.80% | 74 Outperform | |
| Phillips 66 | 0.76% | $2.62M | $74.06B | 49.67% | 73 Outperform | |
| ― | 0.75% | $2.59M | ― | ― | ― | |
| Magnolia Oil & Gas | 0.75% | $2.58M | $5.99B | 27.16% | 65 Neutral | |
| LyondellBasell | 0.75% | $2.57M | $26.54B | 17.02% | 52 Neutral | |
| Chord Energy | 0.72% | $2.48M | $8.31B | 29.74% | 76 Outperform |
PAPI Technical Analysis
Positive
―
Price Trends
27.32
Positive
26.33
Positive
25.43
Positive
Market Momentum
-0.05
Negative
53.04
Neutral
48.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PAPI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.21, equal to the 50-day MA of 27.32, and equal to the 200-day MA of 25.43, indicating a bullish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 53.04 is Neutral, neither overbought nor oversold. The STOCH value of 48.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PAPI.
PAPI Peer Comparison
Comparison Results
Performance Comparison
PAPI
Parametric Equity Premium Income ETF
27.36
2.71
10.99%
SYLD
Cambria Shareholder Yield ETF
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―
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ULTY
YieldMax Ultra Option Income Strategy ETF
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BGDV
Bahl & Gaynor Dividend ETF
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―
―
ABFL
Fcf Us Quality Etf
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XCHG
AB US Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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