PEPS Parametric Equity Plus ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 32.86 | Day Range | 32.75 – 32.75 |
| 52-Week Range | 27.14 – 33.22 | Volume | 42 |
| Avg Volume | 499 | AUM | $29.5M (Aug 27, 2026) |
| Expense Ratio | 0.10% | Yield (TTM) | 0.91% |
| NAV | 32.76 | Premium/Discount | -0.02% indicative |
| Inception | Nov 06, 2024 | Holdings | — |
| Issuer | Eaton Vance | Exchange | NASDAQ |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 61774R775 | ISIN | US61774R7750 |
| Structure | Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
PEPS is an actively managed fund that aims for long-term capital appreciation by primarily investing in a portfolio of large US companies. Specifically, it holds stocks found within the Solactive GBS United States 500 Index. A key element of its strategy involves a beta-neutral call overwriting approach, where the fund sells short-dated, out-of-the-money call options on the S&P 500 Index. This options strategy is paired with compensatory long equity exposure, which includes positions in S&P 500 Index futures, FLEX Options referencing the S&P 500 Index, and the SPY ETF. The fund's overall performance is predominantly driven by its equity holdings. To avoid straddle rule implications, PEPS carefully limits the overlap between its equity investments and the underlying components of its options. It also implements tax loss harvesting strategies within its equity portfolio. While the sale of call options may lead to foregoing some upside market participation, the fund's sub-adviser proactively seeks to ladder these written call positions to lessen this potential limitation.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +2.64% | +2.00% | +9.36% | +11.40% | +19.58% | — | — | — | +15.94% |
| Total return | +2.63% | +2.25% | +9.86% | +11.93% | +20.85% | — | — | — | +17.09% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.10% | Annual cost of a $10,000 investment | $10.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 209 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP COMMON STOCK | NVDA | 7.11% | 9.75K | $2.1M |
| 2 | APPLE INC COMMON STOCK | AAPL | 6.68% | 6.36K | $2.0M |
| 3 | MICROSOFT CORP COMMON | MSFT | 5.25% | 3.20K | $1.5M |
| 4 | AMAZON.COM INC COMMON | AMZN | 3.67% | 4.17K | $1.1M |
| 5 | ALPHABET INC-CL A - | GOOGL | 2.97% | 2.53K | $873.4K |
| 6 | BROADCOM INC COMMON STOCK | AVGO | 2.70% | 2.16K | $795.9K |
| 7 | ALPHABET INC-CL C - | GOOG | 2.64% | 2.27K | $776.8K |
| 8 | MSILF GOVERNMENT | — | 2.14% | 629.91K | $629.9K |
| 9 | MICRON TECHNOLOGY INC | MU | 2.00% | 610 | $589.7K |
| 10 | ELI LILLY AND COMPANY | LLY | 1.85% | 433 | $543.6K |
| 11 | META PLATFORMS INC COMMON | META | 1.82% | 972 | $534.5K |
| 12 | JPMORGAN CHASE & CO | JPM | 1.70% | 1.43K | $501.4K |
| 13 | TESLA INC COMMON STOCK | TSLA | 1.67% | 1.35K | $491.3K |
| 14 | ADVANCED MICRO DEVICES | AMD | 1.54% | 957 | $452.9K |
| 15 | EXXONMOBIL HOLDINGS CORP | XOM | 1.35% | 2.41K | $397.7K |
| 16 | JOHNSON & JOHNSON COMMON | JNJ | 1.26% | 1.37K | $369.7K |
| 17 | BERKSHIRE HATHAWAY INC | BRK-B | 1.22% | 723 | $358.5K |
| 18 | VISA INC COMMON STOCK USD | V | 1.16% | 919 | $341.0K |
| 19 | LAM RESEARCH CORP COMMON | LRCX | 1.01% | 950 | $298.3K |
| 20 | CISCO SYSTEMS INC COMMON | CSCO | 0.99% | 2.63K | $291.8K |
| 21 | ABBVIE INC COMMON STOCK | ABBV | 0.94% | 1.04K | $276.9K |
| 22 | MASTERCARD INC COMMON | MA | 0.92% | 466 | $270.6K |
| 23 | BANK OF AMERICA CORP | BAC | 0.87% | 4.17K | $257.5K |
| 24 | CHEVRON CORP COMMON STOCK | CVX | 0.87% | 1.25K | $255.8K |
| 25 | MERCK & CO INC COMMON | MRK | 0.84% | 1.63K | $248.2K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.91% | Paid (last 12 months) | $0.2986 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 22, 2026 | Last payment | $0.0769 (Jun 26, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 22, 2026 | Jun 22, 2026 | Jun 26, 2026 | $0.0769 |
| Mar 23, 2026 | Mar 23, 2026 | Mar 27, 2026 | $0.0576 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 30, 2025 | $0.0978 |
| Sep 22, 2025 | Sep 22, 2025 | Sep 26, 2025 | $0.0663 |
| Jun 23, 2025 | Jun 23, 2025 | Jun 27, 2025 | $0.0649 |
| Mar 24, 2025 | Mar 24, 2025 | Mar 28, 2025 | $0.0650 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 27, 2024 | $0.0417 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 13.94% / — | Sharpe 1Y / 3Y | 1.32 / — |
| Max drawdown 1Y / 3Y | -9.80% / — | Sortino 1Y | 1.88 |
| Beta vs S&P 500 (3Y) | 1.03 | Correlation vs S&P 500 (1Y) | 0.972 |
| Downside deviation 1Y | 9.81% | Risk-free rate used | 3.71% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 27, 2026. Formulas →
Liquidity
| Volume today | 42 | Average volume | 499 |
| AUM | $29.5M | Premium/Discount | -0.02% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $117.0K | +0.40% | $29.4M → $29.5M |
| 1 Week | -$182.8K | -0.62% | $29.5M → $29.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for PEPS
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.