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PIEQ vs PAPI

Principal International Equity ETF vs Parametric Equity Premium Income ETF

PIEQ

Principal International Equity ETF

Annual cost

0.48%

Fund size

$1.5B

PAPI

Parametric Equity Premium Income ETF

Annual cost

0.29%

Fund size

$367M

Key differences

  • PAPI costs 0.19% less per year.
  • PIEQ is significantly larger than PAPI — larger funds tend to be more liquid and less likely to close.
  • PIEQ is classified as equity, while PAPI is alternative — different risk/return profiles.
  • PIEQ covers global markets; PAPI covers north america.
  • PIEQ follows a index tracking strategy; PAPI uses option income.

Side-by-side comparison

PIEQPAPI
Annual cost (TER)0.48%0.29%
Fund size (AUM)$1.5B$367M
Since20242023
Dividend yield1.22%7.48%
Asset classequityalternative
Regionglobalnorth america
Strategyindex trackingoption income
CAGR 1Y+30.3%+14.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y15.83%10.81%
Max drawdown-15.17%-14.27%

Similar to PIEQ and PAPI