IPAY vs. CNAV ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Mohr Company Nav ETF (CNAV)
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
$61.02
Average Daily Volume
20,503
27
CNAV
Mohr Company Nav ETF
CNAV Description
CNAV scans for opportunities across all 11 sectors of the S&P 500, in attempt to navigate significant market value fluctuations. The portfolio may focus on just 50 stocks and rebalances whenever a holding exceeds 10% of total assets. Stock selection follows a top-down, tactical approach, evaluating price movements of individual stocks and over 117 sub-industries within the S&P 500 index. The fund holds the strongest-performing stocks when industry data trends are favorable. Conversely, when an industry shows a negative trend, it reallocates to other industries or moves into money market funds. Due to frequent trading, the fund is expected to experience a high portfolio turnover rate and is designed for investors who can withstand large principal value fluctuations.Grade (RS Rating)
Last Trade
$28.42
Average Daily Volume
20,379
30
Performance
| Period | IPAY | CNAV |
|---|---|---|
| 30 Days | 12.96% | 13.01% |
| 60 Days | 16.16% | |
| 90 Days | 21.02% | |
| 12 Months | 48.75% |
IPAY Overweight 24 Positions Relative to CNAV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PYPL | B | 6.43% | |
| FI | A | 6.42% | |
| TOST | B | 6.23% | |
| AXP | A | 5.83% | |
| COIN | C | 5.19% | |
| DFS | B | 4.96% | |
| SQ | B | 4.84% | |
| CPAY | A | 4.83% | |
| AFRM | B | 4.82% | |
| FIS | C | 4.28% | |
| WEX | D | 3.09% | |
| FOUR | B | 2.91% | |
| ACIW | B | 2.21% | |
| QTWO | A | 2.16% | |
| EEFT | B | 1.91% | |
| WU | D | 1.28% | |
| STNE | F | 1.13% | |
| VYX | B | 0.77% | |
| EVTC | B | 0.66% | |
| MQ | F | 0.64% | |
| PAGS | F | 0.59% | |
| DLO | C | 0.38% | |
| IMXI | B | 0.32% | |
| GDOT | D | 0.26% |
IPAY Underweight 27 Positions Relative to CNAV
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -7.13% | |
| AXON | A | -4.5% | |
| VRT | B | -3.68% | |
| DAY | B | -3.67% | |
| DASH | A | -3.63% | |
| FTNT | C | -3.6% | |
| VST | B | -3.5% | |
| LW | C | -3.47% | |
| NTNX | A | -3.46% | |
| TRV | B | -3.36% | |
| FFIV | B | -3.3% | |
| CAH | B | -3.29% | |
| IOT | A | -3.27% | |
| WDAY | B | -3.2% | |
| CMG | B | -3.1% | |
| PGR | A | -3.06% | |
| DRI | B | -3.05% | |
| DT | C | -3.03% | |
| WFC | A | -2.98% | |
| MCD | D | -2.92% | |
| SBAC | D | -2.82% | |
| BLDR | D | -2.8% | |
| NOC | D | -2.73% | |
| NKE | D | -2.69% | |
| MDLZ | F | -2.67% | |
| CEG | D | -2.59% | |
| ERIE | D | -2.31% |
IPAY: Top Represented Industries & Keywords
CNAV: Top Represented Industries & Keywords
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