IPAY vs. FPA ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA)
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
$47.27
Average Daily Volume
28,626
25
FPA
First Trust Asia Pacific ex-Japan AlphaDEX Fund
FPA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Asia Pacific Ex-Japan Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Asia Pacific Ex-Japan BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.79
Average Daily Volume
1,625
6
Performance
| Period | IPAY | FPA |
|---|---|---|
| 30 Days | -8.50% | -1.05% |
| 60 Days | -5.31% | -2.72% |
| 90 Days | 2.83% | 1.97% |
| 12 Months | 16.31% | 4.40% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPAY | Weight in FPA | Overlap |
|---|
IPAY Overweight 25 Positions Relative to FPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| AXP | A | 6.49% | |
| PYPL | A | 6.33% | |
| V | C | 5.79% | |
| MA | D | 5.78% | |
| COIN | D | 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 | C | 1.74% | |
| FOUR | F | 1.71% | |
| ACIW | A | 1.47% | |
| QTWO | A | 1.16% | |
| EVTC | D | 0.96% | |
| MQ | D | 0.95% | |
| PAGS | C | 0.95% | |
| DLO | F | 0.48% | |
| IMXI | D | 0.31% | |
| GDOT | B | 0.3% | |
| QIWI | D | 0.0% |
IPAY: Top Represented Industries & Keywords
FPA: Top Represented Industries & Keywords
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