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PAPI vs CGGE

Parametric Equity Premium Income ETF vs Capital Group Global Equity ETF

PAPI

Parametric Equity Premium Income ETF

Annual cost

0.29%

Fund size

$367M

CGGE

Capital Group Global Equity ETF

Annual cost

0.47%

Fund size

$2.5B

Key differences

  • PAPI costs 0.18% less per year.
  • CGGE is significantly larger than PAPI — larger funds tend to be more liquid and less likely to close.
  • PAPI is classified as alternative, while CGGE is equity — different risk/return profiles.
  • PAPI covers north america markets; CGGE covers global.
  • PAPI follows a option income strategy; CGGE uses index tracking.

Side-by-side comparison

PAPICGGE
Annual cost (TER)0.29%0.47%
Fund size (AUM)$367M$2.5B
Since20232024
Dividend yield7.48%0.39%
Asset classalternativeequity
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+14.8%+24.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y10.81%13.90%
Max drawdown-14.27%-14.44%

Similar to PAPI and CGGE