IPAY vs. KVLE ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to KFA Value Line Dynamic Core Equity Index ETF (KVLE)

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 ^*

* may have additional holdings in another (foreign) market

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.22

Average Daily Volume

2,452

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	KVLE
30 Days	-5.90%	-2.67%
60 Days	-3.19%	-0.55%
90 Days	4.31%	1.39%
12 Months	18.57%	6.14%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in KVLE	Overlap
	WU	D	1.74%	1.52%	1.52%

IPAY Overweight 24 Positions Relative to KVLE

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%
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 69 Positions Relative to KVLE

Symbol	Grade	Weight
MSFT	D	-6.41%
NVDA	C	-4.9%
AMZN	B	-3.19%
AAPL	C	-3.05%
META	D	-2.43%
HD	C	-2.11%
CSCO	F	-2.0%
TXN	A	-1.95%
GS	A	-1.86%
PFE	C	-1.81%
RTX	A	-1.77%
KMB	A	-1.75%
DUK	A	-1.69%
DTM	B	-1.68%
AEP	A	-1.64%
UVV	B	-1.63%
PAYX	D	-1.63%
DOW	D	-1.62%
CMCSA	F	-1.6%
ETR	A	-1.59%
UGI	B	-1.57%
ADP	D	-1.57%
ED	A	-1.57%
FLO	A	-1.57%
WSO	A	-1.57%
HESM	D	-1.55%
SPG	D	-1.53%
BMY	F	-1.52%
WEC	A	-1.51%
TROW	C	-1.47%
FAST	C	-1.46%
PKG	C	-1.45%
APD	C	-1.42%
CCI	D	-1.41%
ALE	A	-1.41%
SNA	D	-1.39%
AMT	D	-1.39%
PSA	D	-1.37%
MSM	F	-1.37%
GILD	F	-1.36%
ABBV	D	-1.34%
SON	D	-1.34%
IVZ	F	-1.33%
CMI	B	-1.29%
UNP	C	-1.2%
GOOG	A	-1.2%
LLY	C	-1.2%
PEG	A	-1.16%
IBM	D	-1.09%
MRK	B	-1.04%
EQIX	F	-1.03%
PG	A	-0.96%
CME	D	-0.93%
CL	A	-0.78%
NTAP	B	-0.75%
EVRG	A	-0.74%
RHI	F	-0.7%
OGS	B	-0.67%
MCD	D	-0.64%
JPM	A	-0.63%
CRWD	C	-0.42%
CVS	F	-0.38%
SR	A	-0.37%
ITW	D	-0.33%
SMCI	D	-0.3%
UPS	D	-0.28%
WSM	A	-0.23%
POWL	B	-0.17%
AMGN	B	-0.02%