PAPI vs. IVOV ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to Vanguard S&P Mid-Cap 400 Value ETF (IVOV)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.85

Average Daily Volume

32,973

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$101.77

Average Daily Volume

15,280

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	IVOV
30 Days	2.11%	5.19%
60 Days	3.48%	7.18%
90 Days	4.02%	7.89%
12 Months	18.27%	29.70%

41 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in IVOV	Overlap
AFG	A	0.56%	0.66%	0.56%
AM	A	0.53%	0.14%	0.14%
ASH	F	0.46%	0.29%	0.29%
ATR	B	0.55%	0.32%	0.32%
AVT	C	0.51%	0.34%	0.34%
CFR	B	0.59%	0.33%	0.33%
CHE	D	0.49%	0.23%	0.23%
COLM	C	0.53%	0.1%	0.1%
CRI	F	0.4%	0.14%	0.14%
DCI	B	0.55%	0.27%	0.27%
DINO	D	0.51%	0.44%	0.44%
DLB	B	0.52%	0.13%	0.13%
DTM	A	0.61%	0.23%	0.23%
ESNT	F	0.47%	0.45%	0.45%
FLO	D	0.49%	0.31%	0.31%
FNF	B	0.51%	1.1%	0.51%
GNTX	C	0.54%	0.18%	0.18%
IDA	A	0.6%	0.24%	0.24%
INGR	C	0.58%	0.39%	0.39%
JHG	B	0.58%	0.37%	0.37%
LEA	F	0.49%	0.38%	0.38%
MAN	F	0.45%	0.21%	0.21%
MSM	C	0.57%	0.12%	0.12%
MTG	C	0.5%	0.28%	0.28%
MTN	C	0.56%	0.15%	0.15%
NFG	A	0.52%	0.39%	0.39%
OGE	A	0.56%	0.57%	0.56%
OGS	A	0.53%	0.28%	0.28%
ORI	A	0.53%	0.59%	0.53%
PAG	B	0.54%	0.2%	0.2%
PB	B	0.59%	0.49%	0.49%
PII	F	0.42%	0.26%	0.26%
POR	C	0.51%	0.34%	0.34%
POWI	F	0.53%	0.12%	0.12%
RGLD	C	0.5%	0.32%	0.32%
SNX	D	0.51%	0.62%	0.51%
SON	F	0.49%	0.36%	0.36%
UNM	A	0.59%	0.77%	0.59%
WEN	D	0.48%	0.11%	0.11%
WHR	B	0.55%	0.4%	0.4%
WU	F	0.47%	0.26%	0.26%

PAPI Overweight 148 Positions Relative to IVOV

Symbol	Grade	Weight
GRMN	B	0.66%
SNA	A	0.64%
BKR	A	0.63%
IP	A	0.63%
IDCC	B	0.63%
EMR	B	0.61%
PINC	B	0.61%
FOXA	A	0.59%
JCI	B	0.59%
RHI	C	0.59%
EA	A	0.59%
LH	B	0.59%
FOX	A	0.59%
OKE	A	0.59%
CINF	A	0.58%
RS	B	0.58%
CAH	B	0.58%
TAP	C	0.58%
WMB	A	0.58%
TXRH	B	0.57%
UNH	B	0.57%
SRE	A	0.57%
WSO	A	0.57%
PKG	A	0.57%
MO	A	0.57%
DGX	A	0.57%
KMI	A	0.57%
TROW	B	0.56%
ADP	A	0.56%
TXN	C	0.56%
CTRA	B	0.56%
TRV	B	0.56%
CMI	A	0.56%
GILD	C	0.56%
SYK	B	0.56%
RF	A	0.56%
XEL	A	0.56%
FAST	B	0.56%
AEE	A	0.55%
PAYX	B	0.55%
HPE	B	0.55%
HP	C	0.55%
CSCO	B	0.55%
EVRG	A	0.55%
CMCSA	B	0.55%
CVX	A	0.55%
EOG	A	0.55%
COST	A	0.55%
GLW	B	0.55%
COR	B	0.55%
COP	C	0.55%
CTSH	B	0.55%
LHX	C	0.55%
ATO	A	0.54%
PPL	A	0.54%
T	A	0.54%
TJX	A	0.54%
GGG	B	0.54%
GD	D	0.54%
BMI	B	0.54%
DRI	B	0.54%
WMT	A	0.54%
PM	B	0.54%
OXM	F	0.53%
HPQ	B	0.53%
CHRD	D	0.53%
ROP	B	0.53%
VLO	C	0.53%
CHD	A	0.53%
MSFT	D	0.53%
DOX	D	0.53%
MDT	D	0.52%
OMC	C	0.52%
CALM	A	0.52%
ABT	B	0.52%
PRU	A	0.52%
WEC	A	0.52%
MOS	F	0.52%
NYT	D	0.52%
CME	B	0.52%
XOM	B	0.52%
PEG	A	0.51%
LNT	A	0.51%
PG	C	0.51%
BDX	F	0.51%
DD	C	0.51%
PSX	C	0.51%
ADI	D	0.51%
ACN	B	0.51%
HIG	B	0.51%
CTVA	C	0.51%
HRL	D	0.51%
LKQ	F	0.51%
EXPD	C	0.51%
RTX	D	0.51%
D	C	0.5%
DVN	F	0.5%
PEP	F	0.5%
CCOI	B	0.5%
FE	C	0.5%
CI	D	0.5%
AFL	B	0.5%
SO	C	0.5%
APD	A	0.5%
QCOM	F	0.5%
JKHY	D	0.5%
PFG	D	0.5%
UPS	C	0.5%
EMN	C	0.49%
JNJ	C	0.49%
CAG	F	0.49%
DUK	C	0.49%
LIN	C	0.49%
KMB	C	0.48%
LYB	F	0.48%
KDP	F	0.48%
AOS	F	0.48%
ED	C	0.48%
IPG	D	0.48%
PPG	F	0.48%
AEP	C	0.48%
BG	D	0.48%
VZ	C	0.48%
SHOO	F	0.48%
RPRX	D	0.48%
AMCR	C	0.47%
HAS	D	0.47%
SWKS	F	0.47%
FMC	D	0.47%
MRK	D	0.47%
KHC	F	0.47%
DHR	F	0.47%
BBY	D	0.47%
ABBV	F	0.47%
IBM	C	0.47%
ADM	D	0.46%
KO	D	0.46%
LEN	D	0.46%
PFE	F	0.46%
DOW	F	0.45%
INSW	F	0.45%
GPC	D	0.45%
HUN	F	0.44%
ELV	F	0.44%
CVI	F	0.41%
HII	F	0.41%
NEM	D	0.39%
SCCO	F	0.0%

PAPI Underweight 243 Positions Relative to IVOV

Symbol	Grade	Weight
ILMN	C	-1.62%
USFD	A	-1.06%
THC	D	-1.05%
COHR	B	-1.0%
DOCU	B	-1.0%
RGA	A	-0.98%
JLL	D	-0.91%
PFGC	B	-0.89%
WPC	C	-0.86%
BJ	A	-0.79%
RRX	B	-0.78%
SF	B	-0.75%
AA	A	-0.73%
JEF	A	-0.73%
ARMK	B	-0.7%
CNH	C	-0.69%
ALLY	C	-0.68%
FHN	A	-0.65%
UTHR	C	-0.64%
WBS	A	-0.63%
FLR	B	-0.63%
AAL	B	-0.62%
AVTR	F	-0.62%
GME	C	-0.61%
X	B	-0.61%
GPK	C	-0.6%
WCC	B	-0.6%
GMED	A	-0.59%
KNX	C	-0.59%
XPO	B	-0.57%
BERY	C	-0.57%
FYBR	C	-0.56%
CACI	D	-0.55%
GLPI	C	-0.55%
ZION	B	-0.54%
WTFC	A	-0.54%
ACM	B	-0.54%
ADC	A	-0.53%
RPM	A	-0.53%
MTZ	B	-0.53%
AR	B	-0.53%
SFM	A	-0.53%
SSB	B	-0.52%
SNV	C	-0.51%
TPL	A	-0.51%
TMHC	C	-0.5%
IBKR	A	-0.48%
EQH	C	-0.48%
BIO	C	-0.48%
VNO	C	-0.48%
OSK	C	-0.47%
OHI	C	-0.46%
FAF	A	-0.46%
R	B	-0.45%
AGCO	D	-0.44%
CMC	B	-0.44%
FBIN	D	-0.44%
EWBC	A	-0.44%
DAR	C	-0.44%
BURL	B	-0.44%
G	B	-0.44%
STWD	C	-0.44%
ARW	D	-0.44%
VMI	B	-0.44%
CLF	F	-0.43%
CADE	B	-0.43%
NOV	C	-0.43%
ONB	C	-0.43%
RNR	C	-0.43%
CCK	D	-0.42%
GBCI	B	-0.42%
LAD	A	-0.42%
COLB	B	-0.42%
AMG	B	-0.41%
SCI	B	-0.41%
KRG	B	-0.4%
SRCL	B	-0.4%
REXR	F	-0.4%
CG	B	-0.39%
PVH	C	-0.39%
EHC	B	-0.39%
BMRN	F	-0.39%
THO	B	-0.39%
DKS	D	-0.38%
NXST	C	-0.38%
THG	A	-0.38%
CIEN	C	-0.38%
ST	F	-0.37%
FNB	A	-0.37%
KD	B	-0.37%
WTRG	B	-0.36%
HOMB	A	-0.36%
UBSI	B	-0.36%
UGI	C	-0.36%
POST	C	-0.36%
NNN	C	-0.35%
PNFP	B	-0.34%
SAIC	F	-0.34%
KBR	F	-0.34%
CUBE	C	-0.34%
UMBF	B	-0.34%
LAMR	C	-0.34%
CW	C	-0.33%
BDC	C	-0.33%
CUZ	B	-0.33%
XRAY	F	-0.33%
ELS	C	-0.33%
VOYA	B	-0.33%
AYI	B	-0.32%
SBRA	C	-0.32%
BRX	A	-0.32%
NJR	A	-0.32%
GAP	C	-0.32%
LITE	B	-0.31%
TTC	C	-0.31%
IRT	A	-0.31%
SWX	B	-0.31%
TKO	A	-0.31%
AMH	C	-0.31%
WAL	B	-0.31%
SLGN	A	-0.3%
M	F	-0.3%
KRC	B	-0.3%
ORA	B	-0.3%
AVNT	B	-0.3%
CBSH	B	-0.3%
VLY	B	-0.29%
AN	C	-0.29%
ASGN	F	-0.29%
BKH	A	-0.29%
PNM	B	-0.28%
JAZZ	B	-0.28%
BRBR	A	-0.28%
KMPR	A	-0.27%
HOG	D	-0.27%
FLS	B	-0.27%
KEX	B	-0.27%
CGNX	D	-0.27%
MAT	D	-0.27%
HQY	A	-0.26%
CNO	B	-0.26%
CNM	D	-0.26%
SR	A	-0.26%
SEIC	B	-0.26%
ALE	A	-0.26%
MIDD	C	-0.25%
PRGO	C	-0.25%
ASB	B	-0.25%
TCBI	C	-0.25%
NVST	B	-0.25%
FR	D	-0.25%
STAG	D	-0.24%
MKSI	C	-0.24%
TKR	D	-0.23%
NWE	B	-0.23%
CYTK	F	-0.23%
GATX	A	-0.22%
FHI	B	-0.22%
EGP	D	-0.22%
EVR	B	-0.21%
PCH	F	-0.21%
FFIN	B	-0.2%
NEOG	F	-0.2%
KBH	D	-0.2%
PBF	D	-0.2%
OLN	F	-0.2%
BHF	C	-0.2%
SLM	A	-0.2%
AMKR	D	-0.2%
EXLS	B	-0.2%
GHC	B	-0.2%
GXO	B	-0.19%
CXT	C	-0.19%
CC	C	-0.19%
ALV	C	-0.19%
CVLT	B	-0.19%
VAC	C	-0.18%
SIGI	C	-0.18%
BRKR	D	-0.18%
CRUS	D	-0.18%
MUR	D	-0.18%
NOVT	D	-0.18%
RYN	D	-0.18%
DOCS	C	-0.18%
RH	C	-0.18%
EXPO	D	-0.17%
WH	B	-0.17%
MTSI	B	-0.17%
SRPT	F	-0.17%
MASI	B	-0.17%
HXL	F	-0.17%
CDP	C	-0.16%
OZK	B	-0.16%
ENS	F	-0.16%
RCM	A	-0.16%
RLI	A	-0.16%
GT	C	-0.16%
SMG	C	-0.16%
ENOV	C	-0.16%
BC	C	-0.15%
ALGM	D	-0.15%
ZI	D	-0.15%
HWC	B	-0.15%
LPX	B	-0.15%
JWN	D	-0.15%
VSH	F	-0.14%
CBT	D	-0.14%
PPC	C	-0.14%
LSTR	D	-0.14%
CNXC	F	-0.14%
AMED	F	-0.13%
LFUS	D	-0.13%
IBOC	B	-0.13%
EEFT	B	-0.13%
ROIV	C	-0.13%
IRDM	D	-0.12%
LANC	C	-0.12%
LIVN	F	-0.12%
OPCH	D	-0.12%
CHX	C	-0.12%
NSA	C	-0.11%
TEX	F	-0.11%
KNF	B	-0.11%
SYNA	C	-0.11%
GEF	A	-0.11%
CHH	A	-0.11%
UAA	C	-0.11%
VC	F	-0.1%
SAM	C	-0.1%
MMS	F	-0.1%
NSP	F	-0.1%
PSN	D	-0.1%
HAE	C	-0.1%
CPRI	F	-0.09%
IPGP	D	-0.09%
EPR	C	-0.09%
YETI	D	-0.08%
BLKB	B	-0.08%
TNL	A	-0.07%
UA	C	-0.07%
WMG	D	-0.07%
HGV	C	-0.06%
AZTA	D	-0.05%