PRMN vs. IPAY ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to ETFMG Prime Mobile Payments ETF (IPAY)
PRMN
PlanRock Market Neutral Income ETF
PRMN Description
The fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term.
Grade (RS Rating)
Last Trade
$29.74
Average Daily Volume
497
6
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
$48.44
Average Daily Volume
28,391
25
Performance
| Period | PRMN | IPAY |
|---|---|---|
| 30 Days | 0.20% | -5.91% |
| 60 Days | 1.16% | -3.02% |
| 90 Days | -0.19% | 4.55% |
| 12 Months | 18.91% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in IPAY | Overlap |
|---|
PRMN Underweight 25 Positions Relative to IPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| PYPL | B | -6.81% | |
| AXP | B | -6.63% | |
| V | D | -5.84% | |
| MA | D | -5.75% | |
| COIN | D | -5.32% | |
| DFS | B | -5.11% | |
| FIS | C | -4.82% | |
| SQ | D | -4.65% | |
| WEX | D | -4.17% | |
| TOST | D | -4.15% | |
| GPN | F | -3.71% | |
| AFRM | C | -2.91% | |
| EEFT | C | -2.24% | |
| STNE | C | -2.02% | |
| WU | C | -1.76% | |
| FOUR | F | -1.67% | |
| ACIW | A | -1.61% | |
| QTWO | A | -1.19% | |
| PAGS | D | -1.02% | |
| MQ | D | -0.99% | |
| EVTC | F | -0.97% | |
| DLO | F | -0.48% | |
| GDOT | C | -0.33% | |
| IMXI | D | -0.29% | |
| QIWI | D | -0.0% |
PRMN: Top Represented Industries & Keywords
IPAY: Top Represented Industries & Keywords
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