IPAY vs. TGLR ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to LAFFER TENGLER Equity Income ETF (TGLR)

IPAY

ETFMG Prime Mobile Payments ETF

IPAY Description

The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Grade (RS Rating)

Last Trade

$46.55

Average Daily Volume

19,908

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$27.39

Average Daily Volume

3,229

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	TGLR
30 Days	-6.36%	0.26%
60 Days	-4.45%	5.06%
90 Days	-7.90%	3.17%
12 Months	9.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in TGLR	Overlap
	AXP	D	6.57%	4.72%	4.72%

IPAY Overweight 25 Positions Relative to TGLR

	Symbol	Grade	Weight
	PYPL	D	6.81%
	COIN	B	6.24%
	V	D	5.93%
	MA	D	5.76%
	FIS	B	5.47%
	DFS	D	5.13%
	SQ	F	4.41%
	CPAY	D	4.3%
	TOST	C	4.02%
	WEX	F	3.56%
	GPN	F	3.27%
	AFRM	F	2.72%
	EEFT	C	2.36%
	FOUR	C	2.08%
	WU	D	1.69%
	STNE	F	1.66%
	ACIW	B	1.59%
	QTWO	C	1.38%
	PAGS	D	0.97%
	MQ	F	0.94%
	EVTC	D	0.85%
	GDOT	D	0.35%
	IMXI	C	0.31%
	DLO	F	0.27%
	QIWI	D	0.0%

IPAY Underweight 9 Positions Relative to TGLR

	Symbol	Grade	Weight
	AVGO	A	-5.18%
	MSFT	A	-4.99%
	ORCL	B	-4.68%
	JPM	C	-4.35%
	HD	C	-3.97%
	CARR	B	-3.95%
	MCD	D	-3.88%
	RTX	B	-3.67%
	ABBV	B	-3.66%

IPAY: Top Represented Industries & Keywords

Industries: Credit Services Software - Infrastructure Business Services Software - Application Information Technology Services

Keywords: Payment Systems E-Commerce Credit Card Fintech Debit Card S&P 500 Payment Processing Payment Solutions Bank Transaction Processing Transaction Processing Services E Commerce Payment System Mobile Payments Payment Card Payment Services Transfer Services ATM Banking Card Processing Electronic Funds Transfer

TGLR: Top Represented Industries & Keywords

Industries: Software - Infrastructure Aerospace & Defense Banks - Global Building Products & Equipment Credit Services Drug Manufacturers - Major Home Improvement Stores Restaurants Semiconductors

Keywords: S&P 500 Dow Jones Component Work From Home CRM Computing Internet Access Magazines Nasdaq 100 Operating System Software Software Development Sql Access Control Access Control Systems Access Management Adalimumab Advanced Prostate Cancer Aerospace Aerospace Systems Aerostructure