PAPI - ETF AI Analysis
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Parametric Equity Premium Income ETF (PAPI)
Rating:71Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry runs into trouble.
Strong Recent Performance
The ETF’s returns over the past year-to-date and recent months have been positive, suggesting its strategy has been working well in the current market.
Moderate Expense Ratio
The fund’s fees are reasonably low for an actively managed options-based strategy, allowing investors to keep more of their returns.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little diversification across global markets.
Small Individual Position Sizes
Each holding makes up a relatively small slice of the portfolio, which can dilute the impact of even strongly performing stocks on overall returns.
Exposure to Cyclical Sectors
Meaningful allocations to areas like consumer cyclical, energy, and industrials may make the fund more sensitive to economic slowdowns.
PAPI vs. SPDR S&P 500 ETF (SPY)
AUM478.51M
RegionNorth America
Expense Ratio0.29%
Beta0.33
IssuerParametric
Inception DateOct 16, 2023
Dividend Yield7.38%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume85,307
30 Day Avg. Volume79,209
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
30.70Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering188
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 follows a broad market theme using a rules-based approach. The fund holds companies from many sectors, including technology, health care, energy, and consumer stocks. Well-known names in the portfolio include Cisco Systems and Target. Investors might consider PAPI for diversified stock exposure plus added income potential. A key risk is that it still moves with the overall stock market, so its value can go up and down.
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 is one of broad U.S. exposure with a quiet tilt toward tech and consumer names, where a few standouts are doing the heavy lifting. Microsoft and Salesforce are helping drive returns as their cloud and AI narratives keep investor interest rising, even if trading has been a bit choppy. Royal Gold has been a steady bright spot, adding some shine from the materials side. On the flip side, staffing firms like ManpowerGroup and Robert Half are lagging, acting as a mild brake on performance rather than a full-on drag.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 1.29% | $6.14M | ― | ― | ― | |
| Salesforce | 0.79% | $3.75M | $210.69B | -0.10% | 80 Outperform | |
| Cognizant | 0.71% | $3.38M | $28.85B | -11.36% | 79 Outperform | |
| ManpowerGroup | 0.70% | $3.34M | $2.90B | 47.15% | 54 Neutral | |
| Valero Energy | 0.69% | $3.30M | $101.45B | 131.80% | 69 Neutral | |
| Microsoft | 0.67% | $3.22M | $3.81T | 1.35% | 79 Outperform | |
| Royal Gold | 0.66% | $3.14M | $22.27B | 46.37% | 78 Outperform | |
| Target | 0.65% | $3.09M | $74.13B | 70.01% | 70 Neutral | |
| Robert Half | 0.65% | $3.08M | $4.64B | 21.41% | 60 Neutral | |
| Dolby Laboratories | 0.64% | $3.07M | $5.76B | -14.20% | 74 Outperform |
PAPI Technical Analysis
Positive
―
Price Trends
27.36
Positive
26.64
Positive
26.17
Positive
Market Momentum
0.17
Positive
58.80
Neutral
63.41
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 27.85, equal to the 50-day MA of 27.36, and equal to the 200-day MA of 26.17, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 58.80 is Neutral, neither overbought nor oversold. The STOCH value of 63.41 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
27.94
3.83
15.89%
VFMF
Vanguard U.S. Multifactor ETF
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BGDV
Bahl & Gaynor Dividend ETF
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AVTM
Avantis Total Equity Markets ETF
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ULTY
YieldMax Ultra Option Income Strategy ETF
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SMRI
Bushido Capital 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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