PAPI vs. IWX ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to iShares Russell Top 200 Value ETF (IWX)

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

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.27

Average Daily Volume

315,888

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	IWX
30 Days	3.08%	2.62%
60 Days	3.73%	4.46%
90 Days	4.88%	6.64%
12 Months	19.25%	28.30%

54 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in IWX	Overlap
ABBV	D	0.46%	1.0%	0.46%
ABT	B	0.52%	1.21%	0.52%
ACN	C	0.5%	1.34%	0.5%
ADI	D	0.48%	0.62%	0.48%
ADP	B	0.54%	0.05%	0.05%
AEP	D	0.5%	0.31%	0.31%
APD	A	0.51%	0.43%	0.43%
BDX	F	0.5%	0.39%	0.39%
CI	F	0.47%	0.49%	0.47%
CMCSA	B	0.54%	0.99%	0.54%
CME	A	0.52%	0.49%	0.49%
COP	C	0.56%	0.79%	0.56%
CSCO	B	0.54%	1.4%	0.54%
CVX	A	0.57%	1.68%	0.57%
D	C	0.5%	0.29%	0.29%
DHR	F	0.45%	0.9%	0.45%
DUK	C	0.5%	0.52%	0.5%
ELV	F	0.43%	0.47%	0.43%
EMR	A	0.61%	0.44%	0.44%
EOG	A	0.56%	0.47%	0.47%
GD	F	0.5%	0.47%	0.47%
GILD	C	0.53%	0.66%	0.53%
IBM	C	0.46%	1.13%	0.46%
JCI	C	0.58%	0.34%	0.34%
JNJ	D	0.5%	2.24%	0.5%
KDP	D	0.46%	0.21%	0.21%
KHC	F	0.46%	0.17%	0.17%
KMB	D	0.49%	0.16%	0.16%
KO	D	0.45%	0.62%	0.45%
LIN	D	0.49%	1.3%	0.49%
MDT	D	0.51%	0.68%	0.51%
MO	A	0.59%	0.58%	0.58%
NEM	D	0.38%	0.28%	0.28%
PEP	F	0.48%	0.28%	0.28%
PFE	D	0.44%	0.85%	0.44%
PG	A	0.52%	1.87%	0.52%
PM	B	0.56%	1.2%	0.56%
PSX	C	0.52%	0.33%	0.33%
QCOM	F	0.49%	0.07%	0.07%
ROP	B	0.52%	0.35%	0.35%
RTX	C	0.5%	0.95%	0.5%
SO	D	0.5%	0.58%	0.5%
SRE	A	0.57%	0.35%	0.35%
SYK	C	0.57%	0.6%	0.57%
T	A	0.55%	0.98%	0.55%
TJX	A	0.54%	0.33%	0.33%
TRV	B	0.57%	0.36%	0.36%
TXN	C	0.53%	0.97%	0.53%
UNH	C	0.55%	3.06%	0.55%
UPS	C	0.52%	0.59%	0.52%
VLO	C	0.55%	0.27%	0.27%
VZ	C	0.5%	1.06%	0.5%
WMT	A	0.54%	2.2%	0.54%
XOM	B	0.52%	3.23%	0.52%

PAPI Overweight 135 Positions Relative to IWX

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
DTM	B	0.62%
BKR	B	0.62%
OKE	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
EA	A	0.59%
PB	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
WHR	B	0.57%
RHI	B	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CMI	A	0.57%
FAST	B	0.56%
WSO	A	0.56%
CAH	B	0.56%
RS	B	0.56%
PKG	A	0.56%
TROW	B	0.56%
PPL	B	0.55%
DCI	B	0.55%
INGR	B	0.55%
GGG	B	0.55%
EVRG	A	0.55%
OGE	B	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
COR	B	0.54%
OGS	A	0.54%
ORI	A	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
MTN	C	0.54%
AEE	A	0.54%
MSFT	F	0.53%
CTSH	B	0.53%
LHX	C	0.53%
AM	A	0.53%
PRU	A	0.53%
PAYX	C	0.53%
ATO	A	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
NFG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
CHRD	D	0.52%
WEC	A	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
FE	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
MTG	C	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
FLO	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
HRL	D	0.49%
CAG	D	0.48%
LYB	F	0.48%
AOS	F	0.48%
WEN	D	0.48%
ED	D	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
ADM	D	0.47%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
MRK	F	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
INSW	F	0.44%
PII	D	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
SCCO	F	0.0%

PAPI Underweight 104 Positions Relative to IWX

Symbol	Grade	Weight
BRK.A	B	-5.18%
JPM	A	-4.24%
BAC	A	-1.91%
WFC	A	-1.57%
DIS	B	-1.27%
MCD	D	-1.19%
TMO	F	-1.18%
CAT	B	-0.97%
NEE	D	-0.95%
SPGI	C	-0.95%
LOW	D	-0.93%
BLK	C	-0.93%
GE	D	-0.91%
MS	A	-0.88%
ETN	A	-0.86%
GS	A	-0.83%
C	A	-0.79%
BSX	B	-0.77%
HON	B	-0.76%
CB	C	-0.7%
TMUS	B	-0.69%
BMY	B	-0.69%
SCHW	B	-0.65%
MU	D	-0.64%
PLD	D	-0.63%
INTC	D	-0.62%
DE	A	-0.61%
AXP	A	-0.61%
MMC	B	-0.57%
PH	A	-0.54%
GEV	B	-0.54%
PYPL	B	-0.53%
ICE	C	-0.53%
MDLZ	F	-0.52%
PNC	B	-0.5%
FI	A	-0.5%
BA	F	-0.49%
EQIX	A	-0.49%
HD	A	-0.49%
WELL	A	-0.49%
USB	A	-0.47%
LMT	D	-0.47%
AMD	F	-0.45%
AON	A	-0.45%
UNP	C	-0.45%
REGN	F	-0.44%
KKR	A	-0.43%
MRVL	B	-0.42%
COF	B	-0.42%
TGT	F	-0.42%
CRH	A	-0.41%
NOC	D	-0.41%
CSX	B	-0.41%
FDX	B	-0.4%
CVS	D	-0.4%
CARR	D	-0.38%
GM	B	-0.38%
MAR	B	-0.38%
TT	A	-0.37%
FCX	D	-0.37%
SLB	C	-0.37%
TFC	A	-0.37%
NSC	B	-0.36%
CEG	D	-0.36%
VRTX	F	-0.36%
PCAR	B	-0.35%
MMM	D	-0.35%
TDG	D	-0.33%
MPC	D	-0.33%
MET	A	-0.3%
AIG	B	-0.3%
ITW	B	-0.3%
HCA	F	-0.29%
CRM	B	-0.28%
MCK	B	-0.27%
PSA	D	-0.27%
MSI	B	-0.26%
RSG	A	-0.26%
F	C	-0.26%
STZ	D	-0.23%
CL	D	-0.21%
APH	A	-0.21%
NKE	D	-0.21%
EW	C	-0.2%
OXY	D	-0.2%
AMGN	D	-0.2%
DELL	C	-0.18%
SBUX	A	-0.15%
PGR	A	-0.14%
APO	B	-0.13%
ZTS	D	-0.08%
FTNT	C	-0.07%
AMAT	F	-0.07%
MRNA	F	-0.07%
EL	F	-0.06%
BKNG	A	-0.06%
ECL	D	-0.05%
SHW	A	-0.05%
MNST	C	-0.04%
DASH	A	-0.04%
AZO	C	-0.03%
ORLY	B	-0.03%
CPRT	A	-0.02%
CTAS	B	-0.02%