RULE vs. IPAY ETF Comparison

Comparison of Adaptive Core ETF (RULE) to ETFMG Prime Mobile Payments ETF (IPAY)
RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$22.72

Average Daily Volume

6,209

Number of Holdings *

36

* may have additional holdings in another (foreign) market
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

$58.30

Average Daily Volume

20,865

Number of Holdings *

27

* may have additional holdings in another (foreign) market
Performance
Period RULE IPAY
30 Days 2.26% 7.76%
60 Days 4.15% 14.27%
90 Days 4.53% 17.28%
12 Months 21.26% 42.61%
2 Overlapping Holdings
Symbol Grade Weight in RULE Weight in IPAY Overlap
CPAY A 2.84% 4.63% 2.84%
GPN B 2.43% 4.03% 2.43%
RULE Overweight 34 Positions Relative to IPAY
Symbol Grade Weight
BIL A 4.29%
JPST A 4.27%
NOW A 3.52%
CRM B 3.48%
ISRG A 3.34%
APO B 3.31%
XLG A 3.11%
SPHQ A 3.09%
PCAR B 3.07%
EQIX B 3.06%
AON B 3.05%
IWF A 2.98%
UBER F 2.97%
CAH B 2.96%
WMB B 2.95%
INTU A 2.94%
SPGI C 2.87%
BK B 2.86%
MPWR F 2.76%
RMD C 2.76%
PGR A 2.72%
URI B 2.68%
HD B 2.64%
NFLX A 2.62%
IRM D 2.51%
FTNT B 2.44%
WMT A 2.44%
IBM D 2.42%
VRT B 2.41%
PAYX B 2.26%
REGN F 2.15%
ADBE C 1.95%
ARES B 1.83%
FCNCA B 0.01%
RULE Underweight 25 Positions Relative to IPAY
Symbol Grade Weight
FI A -6.52%
PYPL A -6.25%
V A -5.97%
AXP B -5.95%
MA B -5.77%
TOST A -5.17%
DFS B -5.12%
COIN B -4.87%
AFRM B -4.53%
SQ B -4.47%
FIS B -4.3%
WEX D -3.22%
FOUR B -2.95%
ACIW B -2.44%
QTWO B -2.31%
EEFT C -1.98%
STNE F -1.34%
WU F -1.32%
VYX B -0.77%
EVTC C -0.69%
MQ F -0.63%
PAGS F -0.62%
GDOT C -0.32%
DLO C -0.32%
IMXI B -0.29%
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