IPAY vs. MARB ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to First Trust Merger Arbitrage ETF (MARB)
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

$53.43

Average Daily Volume

19,051

Number of Holdings *

27

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

First Trust Merger Arbitrage ETF

MARB Description The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.72

Average Daily Volume

6,600

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period IPAY MARB
30 Days 3.92% -0.59%
60 Days 3.36% -1.96%
90 Days 15.09% -1.22%
12 Months 42.96% -0.85%
1 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in MARB Overlap
DFS A 4.76% 3.6% 3.6%
IPAY Overweight 26 Positions Relative to MARB
Symbol Grade Weight
FI A 6.56%
PYPL B 6.32%
MA B 6.02%
AXP A 5.98%
V A 5.96%
TOST A 5.02%
FIS B 4.73%
CPAY B 4.67%
SQ B 4.59%
AFRM A 4.42%
COIN C 4.25%
GPN D 3.91%
WEX F 3.2%
FOUR B 2.9%
ACIW C 2.17%
QTWO A 2.04%
EEFT F 1.98%
WU F 1.41%
STNE F 1.4%
MQ A 0.99%
VYX F 0.76%
PAGS F 0.67%
EVTC D 0.66%
DLO D 0.36%
GDOT C 0.3%
IMXI F 0.28%
IPAY Underweight 27 Positions Relative to MARB
Symbol Grade Weight
HTLF A -6.5%
HCP A -5.53%
AMED C -4.85%
EDR A -4.84%
ACI C -4.65%
AXNX A -4.15%
JNPR A -3.68%
ANSS C -3.44%
CTLT D -3.16%
VZIO C -3.04%
HES B -2.9%
SRCL A -2.61%
CHX F -2.45%
MGRC A -2.31%
SRDX D -2.25%
IBTX B -1.92%
MRO C -1.81%
CPRI F -1.71%
EQT C --0.07%
WSC F --0.96%
COP D --1.83%
SNPS B --1.89%
SSB B --1.92%
CVX A --3.31%
SLB F --3.7%
COF A --4.03%
UMBF A --6.72%
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