What is IPAY?

IPAY tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IPAY -4.34% 3.97% 2.06% -22.79% 4.21% 2.33% --
IPAY (NAV) -4.76% 3.71% 1.65% -22.95% 4.01% 2.30% --
Prime Mobile Payments Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IPAY Factset Analytics Insight

IPAY aims for pure-play exposure to the narrow niche of mobile payments. While fintech start-ups may leap to mind, credit card names land at the top of the portfolio. Still, the fund’s weighting system, which ranks rather than weights firms by their market cap allows about 6% each. Firms providing payment infrastructure, processing, solutions and services—as defined by index provider ISE—round out the basket. The index is reviewed quarterly. On June 30, 2020, the fund announced the reorganization and change of fund managers from ETF Managers Group to Exchange Traded Concepts. The acquisition is pending subject to shareholder approval.

IPAY Summary Data

ETFMG
07/15/15
0.75%
$442.86M
Prime Mobile Payments Index
N/A
Open-Ended Fund

Peers

N/A
N/A

Fund Flows

-$0.00B 5 Days
-$0.02B 30 Days
-$0.08B 90 Days

IPAY Portfolio Data

$76.97B
30.08
2.96
0.02%
N/A
54

IPAY Index Data

Prime Mobile Payments Index
Tiered
Market Cap
N/A

IPAY Portfolio Management

0.75%
--
--
--

IPAY Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

IPAY Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

This measurement shows how easy it is to trade a $1 million USD block of IPAY. IPAY is rated a 2 out of 5.

IPAY Tradability

54,408
$2.33M
39,899
$1.77M
0.20%
$0.09
-0.11%
0.40% / -0.52%
None
84.42%
50,000
0.80
0.01%
160.03%
525
$40.01
2

IPAY Sector/Industry Breakdown

IPAY Segment
Benchmark
47.21% --
25.56% --
24.10% --
11.14% --
1.72% --
-9.73% --

IPAY Performance Statistics

--
--
--
--
--
N/A

IPAY Countries

IPAY Segment
Benchmark
78.70% --
4.20% --
2.89% --
2.43% --
2.03% --
2.02% --
1.92% --
1.89% --
1.62% --
1.44% --

IPAY Regions

IPAY Segment
Benchmark
80.32% --
10.89% --
6.63% --
1.44% --

IPAY Economic Development

IPAY Segment
Benchmark
97.84% --
1.44% --

IPAY Benchmark Comparison Holdings

54
--
--
--

IPAY Benchmark Comparison Summary

IPAY Segment
Benchmark
54 --
$76.97B --
30.08 --
2.96 --
0.62% --
High --

IPAY Benchmark Comparison Market Cap Size

IPAY Segment
Benchmark
53.52% --
30.54% --
13.63% --
1.62% --