IPAY vs. BRF ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Market Vectors Brazil Small-Cap ETF (BRF)

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

$48.44

Average Daily Volume

28,391

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

BRF

Market Vectors Brazil Small-Cap ETF

BRF Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® Brazil Small-Cap Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Brazil Small-Cap Index is comprised of securities of Brazilian small-capitalization companies. A company is considered to be a Brazilian company if it is incorporated in Brazil or generates at least 50% of its revenues (or, in certain circumstances, has at least 50% of its assets) in Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.92

Average Daily Volume

3,098

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	BRF
30 Days	-5.91%	-2.49%
60 Days	-3.02%	-3.98%
90 Days	4.55%	-1.62%
12 Months	18.91%	19.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in BRF	Overlap

IPAY Overweight 25 Positions Relative to BRF

	Symbol	Grade	Weight
	PYPL	B	6.81%
	AXP	B	6.63%
	V	D	5.84%
	MA	D	5.75%
	COIN	D	5.32%
	DFS	B	5.11%
	FIS	C	4.82%
	SQ	D	4.65%
	WEX	D	4.17%
	TOST	D	4.15%
	GPN	F	3.71%
	AFRM	C	2.91%
	EEFT	C	2.24%
	STNE	C	2.02%
	WU	C	1.76%
	FOUR	F	1.67%
	ACIW	A	1.61%
	QTWO	A	1.19%
	PAGS	D	1.02%
	MQ	D	0.99%
	EVTC	F	0.97%
	DLO	F	0.48%
	GDOT	C	0.33%
	IMXI	D	0.29%
	QIWI	D	0.0%

IPAY Underweight 9 Positions Relative to BRF

	Symbol	Grade	Weight
	ARCO	C	-2.96%
	AGRO	B	-1.52%
	AZUL	F	-1.51%
	SGH	F	-1.37%
	VTEX	D	-0.86%
	AFYA	D	-0.82%
	VINP	D	-0.63%
	EE	B	-0.61%
	ITRN	D	-0.42%

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 Payment Processing S&P 500 Bank Payment Solutions Transaction Processing Transaction Processing Services E Commerce Payment System Mobile Payments Payment Card Payment Services Transfer Services ATM Banking Card Processing Electronic Funds Transfer

BRF: Top Represented Industries & Keywords

Industries: Airlines Asset Management Communication Equipment Education & Training Services Farm Products Restaurants Semiconductor Memory Software - Application Utilities - Renewable

Keywords: Fuel Acquisition Advisory Services Agriculture Airline Aviation Bagasse Car Manufacturers Cattle Coffee Cogeneration Communication Products Communications Products Computer Data Storage Computer Memory Computing Concierge Services Control Center Cotton Crops Dimm