PAPI vs. VWI ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.48

Average Daily Volume

30,953

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$27.32

Average Daily Volume

1,297

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	PAPI	VWI
30 Days	0.52%	-1.03%
60 Days	2.58%	-0.48%
90 Days	3.47%	1.33%
12 Months	16.80%	12.06%

40 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in VWI	Overlap
ABBV	F	0.47%	0.47%	0.47%
AFG	A	0.56%	0.42%	0.42%
AMCR	D	0.47%	0.52%	0.47%
BKR	B	0.63%	0.11%	0.11%
CAH	B	0.58%	0.23%	0.23%
CME	B	0.52%	1.65%	0.52%
CRI	D	0.4%	0.19%	0.19%
CSCO	A	0.55%	0.82%	0.55%
DOW	F	0.45%	0.62%	0.45%
DRI	B	0.54%	0.24%	0.24%
DTM	A	0.61%	0.13%	0.13%
DUK	D	0.49%	0.26%	0.26%
EVRG	A	0.55%	0.49%	0.49%
GILD	B	0.56%	0.3%	0.3%
GLW	B	0.55%	0.25%	0.25%
GRMN	A	0.66%	0.14%	0.14%
IBM	D	0.47%	0.75%	0.47%
INSW	F	0.45%	0.29%	0.29%
IPG	F	0.48%	0.12%	0.12%
KMB	D	0.48%	0.3%	0.3%
KMI	B	0.57%	0.57%	0.57%
LYB	F	0.48%	0.98%	0.48%
MAN	F	0.45%	0.36%	0.36%
MDT	D	0.52%	0.27%	0.27%
MO	A	0.57%	1.36%	0.57%
MRK	F	0.47%	0.2%	0.2%
MSM	C	0.57%	0.38%	0.38%
MTN	C	0.56%	0.25%	0.25%
PAYX	B	0.55%	0.43%	0.43%
PFE	F	0.46%	0.41%	0.41%
PINC	B	0.61%	0.32%	0.32%
PM	B	0.54%	0.19%	0.19%
PRU	B	0.52%	0.28%	0.28%
T	A	0.54%	0.2%	0.2%
TXN	B	0.56%	0.25%	0.25%
UPS	C	0.5%	0.36%	0.36%
VZ	D	0.48%	0.31%	0.31%
WEN	C	0.48%	0.72%	0.48%
WHR	B	0.55%	0.18%	0.18%
WU	F	0.47%	0.75%	0.47%

PAPI Overweight 149 Positions Relative to VWI

Symbol	Grade	Weight
SNA	A	0.64%
IP	B	0.63%
IDCC	B	0.63%
EMR	A	0.61%
IDA	A	0.6%
FOXA	A	0.59%
JCI	A	0.59%
RHI	B	0.59%
PB	B	0.59%
UNM	A	0.59%
CFR	B	0.59%
EA	A	0.59%
LH	B	0.59%
FOX	A	0.59%
OKE	A	0.59%
CINF	A	0.58%
RS	C	0.58%
JHG	A	0.58%
TAP	B	0.58%
WMB	B	0.58%
INGR	B	0.58%
TXRH	A	0.57%
UNH	B	0.57%
SRE	B	0.57%
WSO	B	0.57%
PKG	B	0.57%
DGX	B	0.57%
OGE	B	0.56%
TROW	A	0.56%
ADP	A	0.56%
CTRA	B	0.56%
TRV	B	0.56%
CMI	A	0.56%
SYK	A	0.56%
RF	A	0.56%
XEL	A	0.56%
FAST	B	0.56%
AEE	B	0.55%
ATR	A	0.55%
HPE	B	0.55%
HP	C	0.55%
CMCSA	B	0.55%
CVX	A	0.55%
EOG	A	0.55%
COST	B	0.55%
COR	B	0.55%
DCI	A	0.55%
COP	C	0.55%
CTSH	A	0.55%
LHX	B	0.55%
ATO	B	0.54%
GNTX	C	0.54%
PPL	A	0.54%
PAG	B	0.54%
TJX	A	0.54%
GGG	B	0.54%
GD	C	0.54%
BMI	B	0.54%
WMT	A	0.54%
OXM	D	0.53%
HPQ	B	0.53%
CHRD	D	0.53%
POWI	D	0.53%
COLM	B	0.53%
AM	B	0.53%
ROP	A	0.53%
VLO	C	0.53%
CHD	A	0.53%
MSFT	C	0.53%
DOX	C	0.53%
OGS	B	0.53%
ORI	A	0.53%
OMC	A	0.52%
NFG	D	0.52%
CALM	B	0.52%
ABT	C	0.52%
WEC	B	0.52%
MOS	D	0.52%
NYT	C	0.52%
DLB	D	0.52%
XOM	B	0.52%
PEG	C	0.51%
LNT	C	0.51%
PG	C	0.51%
BDX	F	0.51%
DINO	D	0.51%
DD	D	0.51%
PSX	C	0.51%
ADI	D	0.51%
ACN	B	0.51%
HIG	C	0.51%
POR	D	0.51%
CTVA	C	0.51%
FNF	C	0.51%
HRL	F	0.51%
LKQ	C	0.51%
AVT	C	0.51%
EXPD	C	0.51%
SNX	C	0.51%
RTX	D	0.51%
D	D	0.5%
DVN	F	0.5%
PEP	D	0.5%
CCOI	C	0.5%
FE	D	0.5%
CI	D	0.5%
AFL	C	0.5%
SO	D	0.5%
APD	B	0.5%
QCOM	F	0.5%
JKHY	C	0.5%
MTG	C	0.5%
PFG	C	0.5%
RGLD	C	0.5%
EMN	D	0.49%
JNJ	D	0.49%
LEA	F	0.49%
FLO	F	0.49%
CHE	D	0.49%
CAG	F	0.49%
SON	F	0.49%
LIN	D	0.49%
KDP	C	0.48%
AOS	F	0.48%
ED	D	0.48%
PPG	F	0.48%
AEP	D	0.48%
BG	D	0.48%
SHOO	D	0.48%
RPRX	F	0.48%
ESNT	D	0.47%
HAS	D	0.47%
SWKS	F	0.47%
FMC	F	0.47%
KHC	F	0.47%
DHR	F	0.47%
BBY	C	0.47%
ADM	F	0.46%
ASH	F	0.46%
KO	F	0.46%
LEN	D	0.46%
GPC	D	0.45%
HUN	F	0.44%
ELV	F	0.44%
PII	F	0.42%
CVI	F	0.41%
HII	F	0.41%
NEM	F	0.39%
SCCO	F	0.0%

PAPI Underweight 68 Positions Relative to VWI

Symbol	Grade	Weight
JAAA	A	-28.55%
ARCC	A	-3.87%
USHY	A	-3.17%
BXSL	B	-1.87%
VCIT	D	-1.52%
VGIT	D	-1.51%
VALE	F	-1.32%
BTI	C	-1.32%
MAIN	A	-1.18%
CIG	C	-1.0%
CIB	D	-0.93%
VOD	F	-0.87%
BBD	F	-0.72%
FHI	A	-0.71%
ABEV	D	-0.65%
PNM	B	-0.63%
BKE	A	-0.63%
NGG	D	-0.61%
SBRA	C	-0.59%
HSBC	B	-0.59%
AY	A	-0.57%
VIV	F	-0.54%
EPR	D	-0.53%
KNTK	B	-0.53%
EQNR	D	-0.52%
STLA	F	-0.47%
E	F	-0.47%
RIO	F	-0.46%
XRX	F	-0.44%
C	B	-0.42%
CPA	B	-0.42%
VTEB	C	-0.38%
TFC	B	-0.38%
UMC	F	-0.37%
LMT	D	-0.36%
BMY	B	-0.36%
FHB	B	-0.36%
NVS	F	-0.33%
PMT	D	-0.33%
ERIC	B	-0.32%
HON	B	-0.32%
AXS	A	-0.3%
STWD	C	-0.3%
MS	A	-0.3%
CBRL	C	-0.27%
TEF	D	-0.26%
WM	A	-0.25%
INFY	C	-0.25%
GGB	B	-0.24%
GSK	F	-0.23%
CNH	D	-0.23%
VIRT	B	-0.22%
WBA	D	-0.2%
PSEC	F	-0.2%
JNPR	D	-0.19%
VTRS	B	-0.19%
ENR	A	-0.18%
CLX	A	-0.16%
OHI	C	-0.16%
DEA	D	-0.16%
BAX	F	-0.15%
ZTO	F	-0.15%
MMM	C	-0.14%
OTEX	F	-0.14%
GLPI	D	-0.13%
CIVI	D	-0.12%
FRO	D	-0.11%
NUS	C	-0.07%