Screener
GIAX vs PAPI
Nicholas Global Equity and Income ETF vs Parametric Equity Premium Income ETF
Key differences
Both GIAX and PAPI are alternative ETFs. GIAX charges 1.03% a year and PAPI 0.29%. The main difference: GIAX follows a multi strategy strategy; PAPI uses option income.
- GIAX follows a multi strategy strategy; PAPI uses option income.
- PAPI costs 0.74% less per year.
- PAPI is much larger than GIAX. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| GIAX | PAPI | |
|---|---|---|
| Annual cost (TER) | 1.03% | 0.29% |
| Fund size (AUM) | $101M | $385M |
| Since | 2024 | 2023 |
| Dividend yield | 22.33% | 7.63% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | multi strategy | option income |
| CAGR 1Y | +25.7% | +13.7% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | 22.77% | 10.46% |
| Max drawdown | -20.38% | -14.27% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.