IPO vs. IPAY ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to ETFMG Prime Mobile Payments ETF (IPAY)
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$39.72
Average Daily Volume
28,932
45
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
$47.07
Average Daily Volume
21,342
26
Performance
| Period | IPO | IPAY |
|---|---|---|
| 30 Days | -0.66% | -2.53% |
| 60 Days | 3.81% | -4.17% |
| 90 Days | -3.93% | -9.59% |
| 12 Months | 28.53% | 14.33% |
IPO Overweight 42 Positions Relative to IPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| KVUE | D | 10.42% | |
| NU | B | 10.0% | |
| ARM | B | 5.85% | |
| APP | B | 5.49% | |
| HOOD | B | 4.87% | |
| CNM | D | 3.14% | |
| ONON | C | 3.12% | |
| RIVN | C | 2.47% | |
| BZ | D | 2.4% | |
| CRBG | B | 2.38% | |
| YMM | C | 2.1% | |
| DUOL | B | 2.07% | |
| MNDY | C | 1.9% | |
| RYAN | B | 1.89% | |
| CFLT | F | 1.83% | |
| PCOR | D | 1.79% | |
| S | D | 1.53% | |
| PATH | D | 1.53% | |
| EDR | A | 1.49% | |
| GFS | C | 1.41% | |
| GTLB | F | 1.38% | |
| HCP | A | 1.15% | |
| DOCS | C | 1.08% | |
| TPG | C | 1.06% | |
| GLBE | C | 1.01% | |
| DV | D | 0.94% | |
| SQSP | A | 0.87% | |
| BROS | A | 0.75% | |
| DOCN | F | 0.73% | |
| NUVL | B | 0.73% | |
| FRSH | F | 0.69% | |
| BRZE | F | 0.65% | |
| AGL | D | 0.65% | |
| BIRK | B | 0.55% | |
| YOU | B | 0.55% | |
| INFA | D | 0.46% | |
| PWSC | C | 0.44% | |
| FLNC | D | 0.41% | |
| ACT | C | 0.32% | |
| PYCR | D | 0.27% | |
| BLCO | C | 0.19% | |
| INST | B | 0.16% |
IPO Underweight 23 Positions Relative to IPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| MA | C | -6.18% | |
| V | C | -6.15% | |
| AXP | C | -5.97% | |
| PYPL | D | -5.92% | |
| DFS | B | -4.77% | |
| FIS | B | -4.63% | |
| CPAY | D | -4.3% | |
| SQ | D | -4.12% | |
| GPN | F | -4.1% | |
| TOST | C | -3.99% | |
| WEX | D | -3.57% | |
| AFRM | B | -3.09% | |
| EEFT | D | -2.45% | |
| FOUR | C | -2.38% | |
| ACIW | A | -1.74% | |
| WU | D | -1.69% | |
| STNE | F | -1.62% | |
| QTWO | C | -1.48% | |
| EVTC | D | -0.93% | |
| PAGS | F | -0.92% | |
| IMXI | D | -0.32% | |
| GDOT | C | -0.29% | |
| QIWI | D | -0.0% |
IPO: Top Represented Industries & Keywords
IPAY: Top Represented Industries & Keywords
Compare ETFs
