IPAY
ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund
ETFMG Prime Mobile Payments ETFÂ tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 158.8 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jul 15, 2015 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AFFIRM HOLDINGS, INC. CLASS A | 6.4 % |
| BLOCK INC. | 6.3 % |
| VISA INC. CLASS A | 6.0 % |
| MASTERCARD INCORPORATED CLASS A | 5.5 % |
| ADYEN NV | 5.5 % |
| AMERICAN EXPRESS CO | 5.4 % |
| CAPITAL ONE FINANCIAL CORP | 5.3 % |
| COINBASE GLOBAL, INC. CLASS A | 4.9 % |
| PAYPAL HOLDINGS INC | 4.7 % |
| WISE PLC CLASS A | 4.7 % |
Constituent Breakdown
| Number of holdings | 40 |
| Herfindahl-Hirschman Index | 414 |
| Wgt avg mkt cap (mns) | $105,475 |
| Large cap (>$10bn) | 68.6% |
| Mid cap ($2-10bn) | 25.6% |
| Small cap (<$2bn) | 5.3% |
| Developed mkts. | 94.6% |
| Emerging mkts. | 3.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 79.6 % |
 |
NETHERLANDS | 5.5 % |
 |
BRITAIN | 5.0 % |
 |
BRAZIL | 2.7 % |
 |
ITALY | 1.7 % |
 |
JAPAN | 1.5 % |
 |
AUSTRALIA | 1.2 % |
 |
URUGUAY | 0.7 % |
 |
PUERTO RICO | 0.5 % |
 |
SOUTH KOREA | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -10.9% | -17.9% | -1.6% | 4.6% | -7.7% | 6.6% | -- | 5.7% |
| Dividend Yield | 0.0% | 0.6% | 0.7% | 0.6% | 0.3% | 0.3% | -- | 0.3% |
| Total Returns | -10.9% | -17.3% | -0.8% | 5.2% | -7.4% | 6.9% | -- | 6.0% | Ann. Volatility | 26.8% | 23.3% | 25.0% | 23.1% | 26.0% | 25.4% | -- | 25.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.33 | 45% |
| MSCI EAFE | 0.74 | 23% |
| MSCI Emg Mkts | 0.50 | 18% |
Liquidity Measures
| Avg. volume (000) | 33 |
| ADV traded (mns) | $1 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.45% |
Technical Indicators
| 30d moving avg. (EMA) | $45.79 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.14/-0.15 |
| Bollinger Bands (Upper/Lower) | $47.80/$44.03 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IPAY |
Expenses vs. IPAY |
ALTAR Score™ vs. IPAY |
|---|---|---|---|---|
| FINX | Global X FinTech ETF | 45.5% | -7 bp | -4.6% |
| KYC | Corgi Digital Banking & Fintech Infrastructure ETF | 43.1% | -40 bp | -3.2% |
| BPAY | BlackRock Future Financial and Technology ETF | 37.4% | -5 bp | -1.6% |
| FDFF | Fidelity Disruptive Finance ETF | 31.6% | -25 bp | -2.1% |
| LATR | Corgi Buy Now Pay Later ETF | 27.0% | -40 bp | -3.6% |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 20.5% | -36 bp | -9.4% |
| XLF | Financial Select Sector SPDR | 18.4% | -67 bp | -1.6% |
| FNCL | Fidelity MSCI Financials Index ETF | 17.7% | -67 bp | -1.2% |
| IYJ | iShares U.S. Industrials ETF | 17.3% | -35 bp | -3.6% |
| IYG | iShares US Financial Services ETF | 16.5% | -35 bp | -2.3% |
Risk and Returns: IPAY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.3%
ALTAR SCORE™
94th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. IPAY's ALTAR Score™ is approximately 1.5 standard
deviations above the category average. This places IPAY in the 94th percentile
among funds in the category.
Sell-Side Consensus
$61.07
PRICE TARGET
+34.6%
UPSIDE
Bid/Ask Spreads
45 bp
AVG SPREAD
20 —
120 bp
RANGE