IPAY vs. KBE ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to SPDR S&P Bank ETF (KBE)

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

$49.12

Average Daily Volume

30,175

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.33

Average Daily Volume

2,453,458

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	KBE
30 Days	-5.65%	-3.24%
60 Days	0.00%	4.43%
90 Days	6.62%	-1.11%
12 Months	18.47%	29.52%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in KBE	Overlap

IPAY Overweight 25 Positions Relative to KBE

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

IPAY Underweight 91 Positions Relative to KBE

Symbol	Grade	Weight
JXN	A	-1.68%
FCNCA	A	-1.65%
EQH	A	-1.57%
CRBG	B	-1.55%
C	A	-1.53%
BAC	A	-1.51%
WFC	A	-1.49%
PNC	A	-1.48%
CADE	A	-1.48%
OZK	A	-1.48%
BK	A	-1.47%
MTG	B	-1.47%
BPOP	A	-1.47%
RDN	C	-1.46%
JPM	B	-1.46%
APO	B	-1.46%
MTB	A	-1.46%
AX	B	-1.46%
PB	B	-1.45%
COOP	A	-1.45%
CFG	A	-1.45%
NTRS	B	-1.45%
CFR	B	-1.45%
ASB	B	-1.44%
FITB	A	-1.44%
TFC	A	-1.44%
WTFC	B	-1.44%
HBAN	A	-1.43%
RF	B	-1.42%
FHN	B	-1.41%
CMA	A	-1.41%
VOYA	D	-1.41%
ONB	B	-1.41%
EWBC	B	-1.41%
COLB	C	-1.39%
PNFP	C	-1.39%
VLY	F	-1.39%
ZION	B	-1.39%
KEY	C	-1.39%
WAL	C	-1.38%
USB	C	-1.35%
BANC	C	-1.35%
SSB	D	-1.34%
WBS	D	-1.33%
BKU	B	-1.32%
SNV	C	-1.31%
TCBI	D	-1.29%
NYCB	F	-1.28%
CBSH	A	-1.26%
ESNT	C	-1.23%
FNB	B	-1.19%
HOMB	A	-1.19%
GBCI	C	-1.18%
HWC	A	-1.06%
BOH	C	-1.02%
UBSI	D	-1.02%
WD	C	-1.02%
PFSI	B	-0.97%
FBP	A	-0.97%
ABCB	B	-0.93%
FIBK	B	-0.92%
UMBF	A	-0.84%
TBBK	F	-0.82%
FULT	B	-0.79%
UCBI	C	-0.79%
FHB	A	-0.76%
CVBF	D	-0.74%
NMIH	B	-0.71%
INDB	B	-0.69%
FFIN	C	-0.67%
CBU	D	-0.64%
BOKF	A	-0.64%
WSFS	B	-0.62%
PPBI	D	-0.58%
IBOC	A	-0.55%
SFBS	C	-0.53%
SBCF	D	-0.5%
EBC	C	-0.49%
HTH	D	-0.48%
CATY	F	-0.47%
AUB	D	-0.46%
WAFD	B	-0.44%
BANR	C	-0.42%
SFNC	D	-0.42%
IBTX	F	-0.42%
FRME	A	-0.39%
TRMK	A	-0.39%
FFBC	A	-0.38%
RNST	C	-0.34%
LKFN	D	-0.3%
WSBC	D	-0.25%