Summary
PAPI
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 16.20% Volatility 14.22% Sharpe 0.49
Official loaded data — not a live quote.

PARAMETRIC EQUITY PREMIUM INCOME ETF

Symbol: PAPI

Exchange: NYSE

Sector: Technology

Category: Derivative Income

Inception date: 16/10/2023

Latest date: 20/07/2026

Current price: $27.50

Expense ratio: 0.29%

Assets under management
$399.8M
-0.43% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

4.60%

Ann. -30.29% (Sharpe / Sortino numerator)

Volatility

11.77%

Sharpe ratio

-2.882

VaR 95%

-1.43%

CVaR 95%: -1.55%
Max drawdown: -4.83%
Sortino ratio: -4.106
Calmar ratio: -6.28

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

4.94%

Ann. 31.98% (Sharpe / Sortino numerator)

Volatility

11.37%

Sharpe ratio

2.494

VaR 95%

-0.98%

CVaR 95%: -1.34%
Max drawdown: -6.38%
Sortino ratio: 4.250
Calmar ratio: 5.01

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.89%

Ann. 19.19% (Sharpe / Sortino numerator)

Volatility

10.86%

Sharpe ratio

1.433

VaR 95%

-1.12%

CVaR 95%: -1.44%
Max drawdown: -6.38%
Sortino ratio: 2.264
Calmar ratio: 3.01

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

16.20%

Ann. 10.56% (Sharpe / Sortino numerator)

Volatility

14.22%

Sharpe ratio

0.487

VaR 95%

-1.22%

CVaR 95%: -1.96%
Max drawdown: -8.68%
Sortino ratio: 0.650
Calmar ratio: 1.22

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.79%

Ann. 8.41% (Sharpe / Sortino numerator)

Volatility

12.49%

Sharpe ratio

0.383

VaR 95%

-1.14%

CVaR 95%: -1.71%
Max drawdown: -14.27%
Sortino ratio: 0.534
Calmar ratio: 0.59

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

35.39%

Ann. 9.82% (Sharpe / Sortino numerator)

Volatility

11.91%

Sharpe ratio

0.524

VaR 95%

-1.10%

CVaR 95%: -1.61%
Max drawdown: -14.27%
Sortino ratio: 0.744
Calmar ratio: 0.69

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.062%

Best day

1.989%

16/07/2026
Worst day

-1.743%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $27.62 $27.62 $27.47 $27.50 58,600
17/07/2026 $27.73 $27.97 $27.52 $27.62 25,100
16/07/2026 $27.25 $27.69 $27.25 $27.69 130,000
15/07/2026 $27.09 $27.56 $27.09 $27.15 120,400
14/07/2026 $27.20 $27.88 $27.11 $27.14 92,200
13/07/2026 $27.45 $27.45 $27.27 $27.31 32,200
10/07/2026 $27.05 $27.23 $27.05 $27.14 77,100
09/07/2026 $26.96 $27.04 $26.86 $26.96 49,700
08/07/2026 $27.21 $27.21 $26.92 $26.96 55,800
07/07/2026 $27.19 $27.35 $27.07 $27.13 83,800