Summary
PAPI
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 12.40% 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: 03/06/2026

Current price: $26.42

Expense ratio: 0.29%

Assets under management
$367.5M
0.00% daily change

Period performance

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

Adjusted return
--
--

Performance metrics

Period total return

0.28%

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

-4.31%

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

5.78%

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

12.40%

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

13.69%

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

26.49%

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: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.049%

Best day

2.177%

01/07/2025
Worst day

-1.743%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $26.42 $26.63 $26.42 $26.42 53,000
02/06/2026 $26.40 $26.53 $26.31 $26.49 125,000
01/06/2026 $26.34 $26.42 $26.31 $26.38 36,700
29/05/2026 $26.50 $26.59 $26.40 $26.43 40,300
28/05/2026 $26.65 $26.75 $26.62 $26.69 46,700
27/05/2026 $26.81 $26.81 $26.65 $26.67 53,700
26/05/2026 $26.86 $26.86 $26.66 $26.70 45,800
22/05/2026 $26.68 $26.74 $26.52 $26.72 132,100
21/05/2026 $26.40 $26.45 $26.10 $26.45 28,600
20/05/2026 $26.21 $26.40 $26.21 $26.40 46,200