IPAY vs. ARKF ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to ARK Fintech Innovation ETF (ARKF)
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
$60.11
Average Daily Volume
20,274
27
ARKF
ARK Fintech Innovation ETF
ARKF Description
ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;Grade (RS Rating)
Last Trade
$38.35
Average Daily Volume
407,606
28
Performance
| Period | IPAY | ARKF |
|---|---|---|
| 30 Days | 10.92% | 21.48% |
| 60 Days | 14.58% | 29.87% |
| 90 Days | 19.22% | 33.16% |
| 12 Months | 46.53% | 72.13% |
IPAY Overweight 23 Positions Relative to ARKF
| Symbol | Grade | Weight | |
|---|---|---|---|
| FI | A | 6.42% | |
| V | A | 5.87% | |
| AXP | A | 5.83% | |
| MA | B | 5.65% | |
| DFS | B | 4.96% | |
| CPAY | A | 4.83% | |
| AFRM | A | 4.82% | |
| FIS | C | 4.28% | |
| GPN | B | 4.08% | |
| WEX | D | 3.09% | |
| FOUR | A | 2.91% | |
| ACIW | B | 2.21% | |
| QTWO | A | 2.16% | |
| EEFT | B | 1.91% | |
| WU | F | 1.28% | |
| STNE | F | 1.13% | |
| VYX | B | 0.77% | |
| EVTC | B | 0.66% | |
| MQ | D | 0.64% | |
| PAGS | F | 0.59% | |
| DLO | C | 0.38% | |
| IMXI | B | 0.32% | |
| GDOT | D | 0.26% |
IPAY Underweight 24 Positions Relative to ARKF
| Symbol | Grade | Weight | |
|---|---|---|---|
| SHOP | B | -11.07% | |
| SOFI | B | -4.78% | |
| HOOD | B | -4.64% | |
| DKNG | B | -4.25% | |
| PLTR | B | -3.34% | |
| RBLX | C | -3.28% | |
| ROKU | D | -3.27% | |
| MELI | C | -3.18% | |
| META | D | -2.52% | |
| PINS | F | -2.3% | |
| PATH | C | -2.25% | |
| SE | A | -1.79% | |
| NU | C | -1.79% | |
| GLBE | B | -1.78% | |
| SPOT | B | -1.67% | |
| RDDT | A | -1.57% | |
| INTU | B | -1.5% | |
| BILL | A | -1.48% | |
| NVDA | B | -1.32% | |
| CRWD | B | -1.31% | |
| Z | A | -1.03% | |
| ICE | C | -0.96% | |
| IBTA | C | -0.56% | |
| AMZN | C | -0.43% |
IPAY: Top Represented Industries & Keywords
ARKF: Top Represented Industries & Keywords
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