IPAY vs. LBAY ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Leatherback Long/Short Alternative Yield ETF (LBAY)
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 *

25

* may have additional holdings in another (foreign) market
LBAY

Leatherback Long/Short Alternative Yield ETF

LBAY Description The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.27

Average Daily Volume

4,731

Number of Holdings *

51

* may have additional holdings in another (foreign) market
Performance
Period IPAY LBAY
30 Days -5.65% -2.22%
60 Days 0.00% 1.50%
90 Days 6.62% 2.12%
12 Months 18.47% -2.40%
3 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in LBAY Overlap
FIS B 4.97% 5.67% 4.97%
SQ C 4.84% -1.59% -1.59%
V C 5.79% 4.97% 4.97%
IPAY Overweight 22 Positions Relative to LBAY
Symbol Grade Weight
AXP A 6.49%
PYPL A 6.33%
MA C 5.78%
COIN B 5.56%
DFS A 5.09%
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 48 Positions Relative to LBAY
Symbol Grade Weight
XOM B -5.49%
BG B -5.24%
ZBH F -4.86%
ORI A -4.52%
ABBV D -4.43%
PKG D -4.29%
AGNC C -4.18%
ICE C -4.18%
CMCSA F -3.87%
GEHC C -3.85%
WM B -3.79%
MDT D -3.74%
AWK C -3.67%
DIS D -3.61%
NEM A -3.6%
LHX A -3.59%
APD C -3.57%
UNP C -3.38%
DPZ A -3.04%
LANC D -3.02%
MTN F -2.97%
JNJ F -2.95%
PCH F -2.87%
MMM A -2.76%
CARR A -2.57%
KO A -2.57%
KDP A -2.52%
RIO A -2.51%
SPGI C -2.35%
SOLV B -1.96%
BURL C --0.85%
FIX B --1.04%
FIVE F --1.14%
VRT A --1.25%
PLD F --1.32%
AAPL F --1.44%
SITE C --1.46%
PLNT D --1.47%
RCL A --1.49%
OLLI D --1.51%
EQIX F --1.55%
DLR B --1.59%
BLK C --1.63%
TSLA D --1.71%
CMG A --1.81%
SF A --1.89%
DASH B --2.07%
AVGO B --2.07%
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