IPAY vs. FMCX ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to FMC Excelsior Focus Equity ETF (FMCX)
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
FMCX

FMC Excelsior Focus Equity ETF

FMCX Description The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.84

Average Daily Volume

844

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period IPAY FMCX
30 Days -5.91% -3.05%
60 Days -3.02% -1.35%
90 Days 4.55% 2.22%
12 Months 18.91% 20.42%
2 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in FMCX Overlap
PYPL B 6.81% 3.9% 3.9%
V D 5.84% 0.21% 0.21%
IPAY Overweight 23 Positions Relative to FMCX
Symbol Grade Weight
AXP B 6.63%
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 50 Positions Relative to FMCX
Symbol Grade Weight
AAPL C -6.93%
UNH C -6.84%
KKR D -6.14%
IAC C -5.35%
AMZN A -5.01%
GDDY A -4.98%
MSFT C -4.79%
LBRDK F -4.24%
LSXMK D -4.22%
GGG D -3.98%
MTCH D -3.18%
LSXMA D -1.79%
GOOGL A -1.77%
LBRDA F -1.74%
PG A -1.3%
PM A -1.21%
YUM C -1.18%
CMCSA F -1.13%
MCD F -1.12%
AMGN A -1.11%
KEYS D -1.06%
VUSB A -0.92%
ICSH A -0.92%
GILD F -0.87%
CL A -0.85%
MO A -0.84%
ENTG D -0.82%
ARWR F -0.72%
NKE F -0.68%
HON C -0.6%
DHR C -0.55%
GOOG A -0.5%
BAX F -0.47%
YUMC F -0.42%
MUSA D -0.4%
SPGI C -0.37%
MTX A -0.33%
KEX A -0.33%
EQR A -0.3%
JPM B -0.3%
MUR C -0.25%
FWONK B -0.21%
BKNG C -0.19%
FLWS D -0.15%
GD A -0.13%
BATRK C -0.11%
PNR C -0.1%
FWONA B -0.05%
VMEO D -0.03%
BATRA C -0.02%
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