PAPI vs. SPDG ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG)

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

SPDG

SPDR Portfolio S&P Sector Neutral Dividend ETF

SPDG Description

SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is managed by SSGA Funds Management, Inc. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in dividend paying stocks of companies. It seeks to track the performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index, by using representative sampling technique. SPDR Series Trust - SPDR Portfolio S&P Sector Neutral Dividend ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.60

Average Daily Volume

1,534

Number of Holdings ^*

270

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	SPDG
30 Days	3.08%	1.42%
60 Days	3.73%	2.99%
90 Days	4.88%	5.95%
12 Months	19.25%	30.67%

97 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in SPDG	Overlap
ABBV	D	0.46%	1.27%	0.46%
ABT	B	0.52%	0.83%	0.52%
ACN	C	0.5%	2.57%	0.5%
ADI	D	0.48%	1.25%	0.48%
ADP	B	0.54%	0.5%	0.5%
AEP	D	0.5%	0.27%	0.27%
AMCR	D	0.47%	0.13%	0.13%
AOS	F	0.48%	0.04%	0.04%
APD	A	0.51%	0.59%	0.51%
ASH	D	0.46%	0.03%	0.03%
AVT	C	0.51%	0.06%	0.06%
BBY	D	0.49%	0.19%	0.19%
BDX	F	0.5%	0.27%	0.27%
CAG	D	0.48%	0.07%	0.07%
CAH	B	0.56%	0.12%	0.12%
CCOI	B	0.5%	0.12%	0.12%
CFR	B	0.59%	0.08%	0.08%
CI	F	0.47%	0.41%	0.41%
CINF	A	0.58%	0.25%	0.25%
CMI	A	0.57%	0.21%	0.21%
CSCO	B	0.54%	2.63%	0.54%
CVX	A	0.57%	0.94%	0.57%
DCI	B	0.55%	0.04%	0.04%
DGX	A	0.57%	0.07%	0.07%
DLB	B	0.51%	0.05%	0.05%
DTM	B	0.62%	0.03%	0.03%
DUK	C	0.5%	0.43%	0.43%
EMN	D	0.49%	0.11%	0.11%
EMR	A	0.61%	0.32%	0.32%
EVRG	A	0.55%	0.07%	0.07%
FAST	B	0.56%	0.19%	0.19%
FE	C	0.5%	0.11%	0.11%
FLO	D	0.49%	0.02%	0.02%
FMC	D	0.46%	0.06%	0.06%
FNF	B	0.51%	0.17%	0.17%
GD	F	0.5%	0.32%	0.32%
GILD	C	0.53%	0.43%	0.43%
GLW	B	0.53%	0.41%	0.41%
GPC	D	0.45%	0.22%	0.22%
GRMN	B	0.65%	0.35%	0.35%
HAS	D	0.46%	0.09%	0.09%
HII	D	0.39%	0.04%	0.04%
HPE	B	0.53%	0.35%	0.35%
HPQ	B	0.52%	0.43%	0.43%
HRL	D	0.49%	0.04%	0.04%
IBM	C	0.46%	2.33%	0.46%
IDCC	A	0.61%	0.05%	0.05%
INGR	B	0.55%	0.04%	0.04%
IPG	D	0.45%	0.43%	0.43%
JHG	A	0.58%	0.06%	0.06%
JNJ	D	0.5%	1.53%	0.5%
KMB	D	0.49%	0.24%	0.24%
KMI	A	0.58%	0.17%	0.17%
KO	D	0.45%	1.26%	0.45%
LHX	C	0.53%	0.19%	0.19%
LYB	F	0.48%	0.2%	0.2%
MAN	D	0.44%	0.01%	0.01%
MDT	D	0.51%	0.46%	0.46%
MO	A	0.59%	0.48%	0.48%
MRK	F	0.46%	1.09%	0.46%
MSM	C	0.53%	0.02%	0.02%
NFG	A	0.52%	0.03%	0.03%
OGE	B	0.55%	0.04%	0.04%
OGS	A	0.54%	0.02%	0.02%
OKE	A	0.61%	0.22%	0.22%
ORI	A	0.54%	0.1%	0.1%
PAYX	C	0.53%	0.18%	0.18%
PB	A	0.59%	0.08%	0.08%
PEP	F	0.48%	1.06%	0.48%
PFE	D	0.44%	0.59%	0.44%
PFG	D	0.5%	0.19%	0.19%
PII	D	0.43%	0.04%	0.04%
PKG	A	0.56%	0.17%	0.17%
PM	B	0.56%	0.92%	0.56%
POR	C	0.51%	0.02%	0.02%
PPG	F	0.49%	0.26%	0.26%
PRU	A	0.53%	0.47%	0.47%
PSX	C	0.52%	0.2%	0.2%
QCOM	F	0.49%	2.22%	0.49%
RF	A	0.57%	0.25%	0.25%
RHI	B	0.57%	0.03%	0.03%
SNA	A	0.63%	0.07%	0.07%
SO	D	0.5%	0.47%	0.47%
SON	D	0.49%	0.04%	0.04%
SWKS	F	0.45%	0.17%	0.17%
TROW	B	0.56%	0.27%	0.27%
TXN	C	0.53%	2.27%	0.53%
UNH	C	0.55%	2.35%	0.55%
UNM	A	0.61%	0.12%	0.12%
UPS	C	0.52%	0.42%	0.42%
VLO	C	0.55%	0.17%	0.17%
VZ	C	0.5%	7.54%	0.5%
WEC	A	0.52%	0.15%	0.15%
WHR	B	0.57%	0.07%	0.07%
WSO	A	0.56%	0.09%	0.09%
WU	D	0.48%	0.04%	0.04%
XOM	B	0.52%	1.84%	0.52%

PAPI Overweight 92 Positions Relative to SPDG

Symbol	Grade	Weight
IP	B	0.63%
BKR	B	0.62%
PINC	B	0.6%
FOX	A	0.59%
TAP	C	0.59%
EA	A	0.59%
IDA	A	0.59%
WMB	A	0.58%
JCI	C	0.58%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
SYK	C	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
EOG	A	0.56%
RS	B	0.56%
COP	C	0.56%
PPL	B	0.55%
GGG	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
COR	B	0.54%
WMT	A	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
TJX	A	0.54%
MTN	C	0.54%
AEE	A	0.54%
MSFT	F	0.53%
CTSH	B	0.53%
AM	A	0.53%
ATO	A	0.53%
COLM	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
ROP	B	0.52%
PG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
EXPD	D	0.52%
CHRD	D	0.52%
CME	A	0.52%
DD	D	0.51%
CALM	A	0.51%
DINO	D	0.51%
HIG	B	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
RTX	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
SNX	C	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
LIN	D	0.49%
JKHY	D	0.49%
WEN	D	0.48%
ED	D	0.48%
RPRX	D	0.48%
LEA	D	0.48%
SHOO	D	0.47%
LEN	D	0.47%
ADM	D	0.47%
KDP	D	0.46%
KHC	F	0.46%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
DOW	F	0.44%
INSW	F	0.44%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 173 Positions Relative to SPDG

Symbol	Grade	Weight
AVGO	D	-9.3%
HD	A	-4.14%
ORCL	B	-3.47%
MCD	D	-2.13%
GS	A	-1.87%
LOW	D	-1.56%
MS	A	-1.55%
C	A	-1.39%
SBUX	A	-1.15%
PNC	B	-0.86%
CAT	B	-0.81%
USB	A	-0.79%
TFC	A	-0.66%
UNP	C	-0.66%
AMGN	D	-0.64%
HON	B	-0.64%
ETN	A	-0.59%
BK	A	-0.58%
O	D	-0.55%
CCI	D	-0.54%
LMT	D	-0.51%
MET	A	-0.51%
BMY	B	-0.47%
DE	A	-0.45%
MCHP	D	-0.44%
PH	A	-0.39%
TGT	F	-0.37%
MTB	A	-0.35%
WM	A	-0.34%
ITW	B	-0.33%
CVS	D	-0.33%
FITB	A	-0.33%
TSCO	D	-0.31%
STT	A	-0.3%
NTAP	C	-0.3%
NOC	D	-0.29%
FDX	B	-0.29%
EQR	B	-0.28%
STX	D	-0.26%
HBAN	A	-0.26%
NSC	B	-0.25%
KVUE	A	-0.23%
CFG	B	-0.22%
MAA	B	-0.21%
NTRS	A	-0.21%
EXC	C	-0.2%
KEY	B	-0.19%
GIS	D	-0.19%
NXST	C	-0.19%
SYY	B	-0.19%
RSG	A	-0.18%
EIX	B	-0.17%
AVY	D	-0.15%
UDR	B	-0.15%
ETR	B	-0.15%
ROK	B	-0.14%
CF	B	-0.14%
RPM	A	-0.14%
JNPR	F	-0.14%
CUBE	D	-0.13%
BXP	D	-0.12%
JEF	A	-0.12%
DOV	A	-0.12%
DKS	C	-0.12%
CLX	B	-0.11%
FHN	A	-0.11%
K	A	-0.11%
ALLY	C	-0.11%
OHI	C	-0.11%
ES	D	-0.11%
BR	A	-0.11%
WBS	A	-0.1%
HUBB	B	-0.1%
ADC	B	-0.09%
CMA	A	-0.09%
NNN	D	-0.09%
LDOS	C	-0.09%
HRB	D	-0.09%
TSN	B	-0.09%
FRT	B	-0.09%
SNV	B	-0.08%
ZION	B	-0.08%
STWD	C	-0.07%
OC	A	-0.07%
CADE	B	-0.07%
ONB	B	-0.07%
BEN	C	-0.07%
CE	F	-0.07%
BAX	D	-0.07%
GPK	C	-0.07%
FAF	A	-0.07%
MAS	D	-0.07%
RDN	C	-0.06%
CHRW	C	-0.06%
SJM	D	-0.06%
UBSI	B	-0.06%
LNC	B	-0.06%
FNB	A	-0.06%
SWK	D	-0.06%
COLB	A	-0.06%
GBCI	B	-0.06%
LECO	B	-0.05%
ALLE	D	-0.05%
PNW	B	-0.05%
CBT	C	-0.05%
CTRE	D	-0.05%
OZK	B	-0.05%
NVT	B	-0.05%
FHB	A	-0.04%
CDP	C	-0.04%
NSA	D	-0.04%
CBU	B	-0.04%
CATY	B	-0.04%
SLGN	A	-0.04%
TTC	D	-0.04%
KRC	C	-0.04%
ASB	B	-0.04%
AVNT	B	-0.04%
AUB	B	-0.04%
FULT	A	-0.04%
UCB	A	-0.04%
VLY	B	-0.04%
SEE	C	-0.04%
CPB	D	-0.04%
SMG	D	-0.03%
CC	C	-0.03%
UGI	A	-0.03%
CVBF	A	-0.03%
OSK	B	-0.03%
SXT	B	-0.03%
LCII	C	-0.03%
FFBC	A	-0.03%
FCPT	C	-0.03%
SFNC	B	-0.03%
ABR	C	-0.03%
FLS	B	-0.03%
INDB	B	-0.03%
BOH	B	-0.03%
WAFD	B	-0.03%
FHI	A	-0.03%
NEU	C	-0.03%
R	B	-0.03%
BKU	A	-0.03%
HASI	D	-0.03%
HIW	D	-0.03%
NWE	B	-0.02%
XRAY	F	-0.02%
KFY	B	-0.02%
ALE	A	-0.02%
OGN	D	-0.02%
TKR	D	-0.02%
PZZA	D	-0.02%
TRMK	B	-0.02%
SR	A	-0.02%
SWX	B	-0.02%
MMS	F	-0.02%
BKH	A	-0.02%
VSH	D	-0.02%
GATX	A	-0.02%
BANR	B	-0.02%
PDCO	D	-0.01%
KMT	B	-0.01%
HI	C	-0.01%
B	B	-0.01%
ENR	B	-0.01%
WERN	C	-0.01%
NAVI	C	-0.01%
TRN	C	-0.01%
NSP	D	-0.01%
ABM	B	-0.01%
AVA	A	-0.01%
BRC	D	-0.01%
PRGO	B	-0.01%