IPAY vs. TPAY ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Tortoise Digital Payments Infrastructure Fund (TPAY)
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

$67.57

Average Daily Volume

144,588

Number of Holdings *

27

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

Tortoise Digital Payments Infrastructure Fund

TPAY Description The investment seeks investment results that correspond (before fees and expenses) generally to the price and distribution rate (total return) performance of the Tortoise Global Digital Payments Infrastructure IndexSM (the "underlying index"). The fund will normally invest at least 80% of its net assets in global digital payments infrastructure companies ("Digital Payments Companies"). The underlying index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of Digital Payments Companies listed on developed country exchanges.

Grade (RS Rating)

Last Trade

$43.49

Average Daily Volume

1,442

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
IPAY TPAY
30 Days -5.06% -5.90%
60 Days -4.70% -5.70%
90 Days -3.83% -8.31%
12 Months 52.01% 45.35%
22 Overlapping Holdings
Grade Symbol Weight in IPAY Weight in TPAY Overlap
C ACIW 1.44% 1.21% 1.21%
F AFRM 1.92% 0.52% 0.52%
B AXP 5.81% 4.69% 4.69%
B DFS 3.06% 5.16% 3.06%
D EEFT 1.46% 1.97% 1.46%
C EVOP 1.41% 0.36% 0.36%
A EVTC 1.46% 0.81% 0.81%
B FIS 5.98% 4.61% 4.61%
D FISV 5.17% 4.25% 4.25%
C FLT 2.34% 4.57% 2.34%
F GDOT 1.28% 0.64% 0.64%
D GPN 4.42% 4.37% 4.37%
C MA 5.97% 4.39% 4.39%
A NCR 1.8% 1.64% 1.64%
F PAGS 1.74% 2.24% 1.74%
C PYPL 6.01% 4.61% 4.61%
F QIWI 0.32% 0.15% 0.15%
D SQ 6.09% 4.54% 4.54%
F STNE 1.99% 3.01% 1.99%
B V 6.01% 4.63% 4.63%
D WEX 1.6% 2.53% 1.6%
B WU 1.8% 2.99% 1.8%
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