IPAY vs. EWY ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to iShares MSCI South Korea Capped Index Fund (EWY)

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

$48.33

Average Daily Volume

28,632

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

EWY

iShares MSCI South Korea Capped Index Fund

EWY Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index. The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.46

Average Daily Volume

3,581,599

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	EWY
30 Days	-5.90%	-3.31%
60 Days	-3.19%	-0.72%
90 Days	4.31%	2.95%
12 Months	18.57%	10.09%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in EWY	Overlap

IPAY Overweight 25 Positions Relative to EWY

	Symbol	Grade	Weight
	AXP	B	6.49%
	PYPL	A	6.33%
	V	D	5.79%
	MA	D	5.78%
	COIN	C	5.56%
	DFS	B	5.09%
	FIS	D	4.97%
	SQ	D	4.84%
	WEX	D	4.46%
	GPN	F	4.11%
	TOST	C	3.89%
	AFRM	D	2.82%
	EEFT	C	2.17%
	STNE	C	1.9%
	WU	D	1.74%
	FOUR	F	1.71%
	ACIW	A	1.47%
	QTWO	A	1.16%
	EVTC	F	0.96%
	MQ	D	0.95%
	PAGS	C	0.95%
	DLO	F	0.48%
	IMXI	D	0.31%
	GDOT	C	0.3%
	QIWI	D	0.0%

IPAY Underweight 6 Positions Relative to EWY

	Symbol	Grade	Weight
	KB	A	-2.51%
	SHG	B	-1.84%
	KEP	C	-0.6%
	LPL	D	-0.38%
	SKM	D	-0.28%
	KT	D	-0.24%

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

EWY: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Telecom Services Consumer Electronics Utilities - Regulated Electric

Keywords: Account Management Bank Banking Broadband Broadband Internet Connection Services Currency Information And Communications Technology Interconnection Services Internet Access Internet Access Services Investment Banking Investment Banking Services Iptv Mobile Telecommunications Phone Services Securitization Telecommunications Service Telephone Services Trust Account Management