IPAY vs. ARKD ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD)

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

$53.41

Average Daily Volume

19,051

Number of Holdings ^*

27

* may have additional holdings in another (foreign) market

ARKD

ARK 21Shares Blockchain and Digital Economy Innovation ETF

ARKD Description

The fund is an actively managed exchange-traded fund. Under normal conditions, the fund seeks to invest 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the blockchain and in securities issued by companies principally engaged in the blockchain industry and/or digital economy (the "80% Policy"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.82

Average Daily Volume

1,248

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	ARKD
30 Days	3.92%	8.03%
60 Days	3.36%	7.57%
90 Days	15.09%	7.11%
12 Months	42.96%

3 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in ARKD	Overlap
	COIN	C	4.0%	14.7%	4.0%
	PYPL	B	6.54%	4.47%	4.47%
	SQ	B	4.47%	12.32%	4.47%

IPAY Overweight 24 Positions Relative to ARKD

	Symbol	Grade	Weight
	FI	A	6.65%
	MA	B	6.03%
	AXP	A	5.93%
	V	A	5.84%
	CPAY	B	4.99%
	TOST	A	4.88%
	FIS	B	4.69%
	DFS	A	4.48%
	AFRM	A	4.09%
	WEX	F	3.93%
	GPN	D	3.79%
	FOUR	B	2.97%
	ACIW	C	2.14%
	EEFT	F	2.0%
	QTWO	A	1.98%
	WU	F	1.5%
	STNE	F	1.38%
	MQ	A	0.9%
	VYX	F	0.75%
	PAGS	F	0.68%
	EVTC	D	0.68%
	DLO	D	0.36%
	GDOT	C	0.3%
	IMXI	F	0.29%

IPAY Underweight 4 Positions Relative to ARKD

	Symbol	Grade	Weight
	SHOP	B	-8.07%
	HOOD	B	-4.99%
	MELI	A	-4.07%
	NU	C	-3.57%

IPAY: Top Represented Industries & Keywords

Industries: Business Services Credit Services Software - Infrastructure Software - Application Information Technology Services

Keywords: Payment Systems E-Commerce Credit Card Fintech S&P 500 Debit Card Payment Solutions Bank Payment Processing Transaction Processing Transaction Processing Services Mobile Payments E Commerce Payment System Payment Card Transfer Services ATM Banking Card Processing Electronic Funds Transfer Financial Technology

ARKD: Top Represented Industries & Keywords

Industries: Software - Application Banks - Diversified Credit Services Software - Infrastructure Specialty Retail

Keywords: Fintech E Commerce Mobile Payments Online Shopping Payment Systems Cryptocurrency Debit Card E-Commerce Nasdaq 100 Online Payments Alternative Payments Bank Bank Account Banking Bitcoin Brokerage Cash Management Services Customer Relationship Management Digital Wallet E Commerce Payment System