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PAPI vs ICAP

Parametric Equity Premium Income ETF vs Infrastructure Capital Equity Income Fund ETF

PAPI

Parametric Equity Premium Income ETF

Annual cost

0.29%

Fund size

$385M

ICAP

Infrastructure Capital Equity Income Fund ETF

Annual cost

2.47%

Fund size

$109M

Key differences

Both PAPI and ICAP are alternative ETFs. PAPI charges 0.29% a year and ICAP 2.47%. The main difference: PAPI costs 2.18% less per year.

  • PAPI costs 2.18% less per year.
  • PAPI is much larger than ICAP. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

PAPIICAP
Annual cost (TER)0.29%2.47%
Fund size (AUM)$385M$109M
Since20232021
Dividend yield7.63%9.51%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+13.7%+22.9%
CAGR 3YN/A+16.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.83
Volatility 1Y10.46%13.45%
Max drawdown-14.27%-24.20%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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