IPAY vs. FXR ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to First Trust Industrials AlphaDEX (FXR)

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

$49.19

Average Daily Volume

27,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR 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 StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$70.56

Average Daily Volume

76,061

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	FXR
30 Days	-3.26%	-2.14%
60 Days	-3.69%	0.74%
90 Days	6.48%	6.68%
12 Months	16.41%	30.10%

10 Overlapping Holdings

Symbol	Grade	Weight in IPAY	Weight in FXR	Overlap
AXP	B	6.63%	1.4%	1.4%
EEFT	C	2.24%	0.76%	0.76%
FOUR	F	1.67%	0.23%	0.23%
GPN	F	3.71%	0.75%	0.75%
MA	D	5.75%	0.49%	0.49%
PYPL	B	6.81%	0.8%	0.8%
SQ	D	4.65%	0.92%	0.92%
V	D	5.84%	0.25%	0.25%
WEX	D	4.17%	0.74%	0.74%
WU	C	1.76%	0.78%	0.78%

IPAY Overweight 15 Positions Relative to FXR

Symbol	Grade	Weight
COIN	D	5.32%
DFS	C	5.11%
FIS	B	4.82%
TOST	C	4.15%
AFRM	C	2.91%
STNE	C	2.02%
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	F	0.29%
QIWI	D	0.0%

IPAY Underweight 118 Positions Relative to FXR

Symbol	Grade	Weight
SYF	B	-1.39%
EME	A	-1.39%
OC	A	-1.38%
R	A	-1.37%
PWR	A	-1.35%
AL	C	-1.35%
TT	A	-1.34%
MDU	A	-1.33%
BAH	B	-1.33%
URI	D	-1.32%
SON	C	-1.32%
AGCO	D	-1.3%
GPK	D	-1.28%
CAT	D	-1.28%
BERY	D	-1.27%
EXP	A	-1.27%
BLD	D	-1.26%
G	D	-1.26%
OSK	D	-1.26%
BWXT	D	-1.26%
SNDR	D	-1.25%
ALSN	D	-1.25%
WCC	B	-1.24%
SPR	D	-1.21%
KEX	A	-1.19%
TTEK	A	-1.08%
XYL	A	-1.06%
TDG	A	-1.05%
GTES	C	-1.03%
AXON	B	-1.03%
DE	B	-1.01%
HUBB	D	-1.01%
LFUS	B	-1.0%
SLGN	B	-1.0%
AWI	D	-0.99%
VMC	C	-0.99%
MSM	F	-0.99%
HII	D	-0.98%
PCAR	D	-0.95%
FDX	D	-0.95%
GWW	D	-0.95%
SNA	D	-0.95%
VNT	D	-0.94%
BLDR	D	-0.93%
LECO	D	-0.91%
BC	D	-0.88%
KNX	D	-0.88%
CACC	D	-0.81%
NVT	A	-0.8%
UPS	F	-0.8%
JCI	B	-0.8%
CTAS	A	-0.78%
MSA	C	-0.78%
ADTN	D	-0.78%
COF	B	-0.78%
AYI	C	-0.76%
WMS	C	-0.76%
GXO	D	-0.76%
PKG	D	-0.75%
CSX	D	-0.74%
TREX	D	-0.73%
SAIA	F	-0.73%
FICO	C	-0.73%
TDY	D	-0.72%
TXT	D	-0.72%
SHW	D	-0.71%
RHI	D	-0.71%
MIDD	D	-0.71%
JBHT	D	-0.65%
WAB	A	-0.58%
GD	A	-0.53%
CCK	C	-0.53%
CW	A	-0.52%
FCN	B	-0.52%
DOV	A	-0.52%
ATR	A	-0.52%
LHX	A	-0.52%
DD	A	-0.5%
ITT	B	-0.5%
DCI	A	-0.5%
AOS	D	-0.49%
PNR	C	-0.49%
J	D	-0.49%
AMCR	A	-0.49%
JKHY	D	-0.49%
KEYS	D	-0.49%
ALLE	D	-0.48%
EXPD	D	-0.48%
OTIS	D	-0.48%
RPM	D	-0.47%
LSTR	D	-0.47%
AXTA	A	-0.47%
LPX	D	-0.46%
EFX	D	-0.43%
HEI	B	-0.28%
GNRC	B	-0.28%
WSO	B	-0.27%
RTX	A	-0.27%
PH	B	-0.26%
CSL	B	-0.26%
NDSN	C	-0.25%
EMR	D	-0.25%
AME	D	-0.25%
UNP	D	-0.25%
WWD	A	-0.25%
MAN	B	-0.25%
MLM	D	-0.25%
VMI	B	-0.24%
IEX	D	-0.24%
HON	D	-0.24%
NSC	D	-0.24%
GGG	D	-0.23%
MAS	D	-0.23%
FTV	D	-0.23%
PPG	D	-0.23%
ODFL	F	-0.22%
WSC	F	-0.22%
SEE	C	-0.22%