IPAY vs. BELT ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to BlackRock Long-Term U.S. Equity ETF (BELT)

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

$60.39

Average Daily Volume

19,723

Number of Holdings ^*

27

* may have additional holdings in another (foreign) market

BELT

BlackRock Long-Term U.S. Equity ETF

BELT Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. It may invest up to 20% of its assets in equity securities of foreign issuers, including ADRs and GDRs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.04

Average Daily Volume

996

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	BELT
30 Days	9.79%	0.73%
60 Days	13.71%	0.98%
90 Days	19.92%	2.70%
12 Months	46.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in BELT	Overlap
	MA	B	5.65%	6.87%	5.65%

IPAY Overweight 26 Positions Relative to BELT

	Symbol	Grade	Weight
	PYPL	B	6.43%
	FI	A	6.42%
	TOST	A	6.23%
	V	A	5.87%
	AXP	B	5.83%
	COIN	B	5.19%
	DFS	B	4.96%
	SQ	A	4.84%
	CPAY	A	4.83%
	AFRM	A	4.82%
	FIS	C	4.28%
	GPN	C	4.08%
	WEX	F	3.09%
	FOUR	A	2.91%
	ACIW	B	2.21%
	QTWO	A	2.16%
	EEFT	C	1.91%
	WU	F	1.28%
	STNE	F	1.13%
	VYX	B	0.77%
	EVTC	C	0.66%
	MQ	F	0.64%
	PAGS	F	0.59%
	DLO	C	0.38%
	IMXI	B	0.32%
	GDOT	D	0.26%

IPAY Underweight 19 Positions Relative to BELT

	Symbol	Grade	Weight
	MSFT	D	-12.96%
	META	C	-8.52%
	GOOG	B	-7.72%
	NVO	D	-5.28%
	CDNS	B	-5.26%
	SPGI	D	-5.04%
	TT	A	-4.96%
	IR	B	-4.4%
	ISRG	A	-4.24%
	INTU	B	-4.18%
	HWM	A	-4.11%
	CMG	C	-3.9%
	MASI	B	-3.4%
	TMO	D	-3.21%
	ENTG	F	-2.84%
	ADI	D	-2.8%
	FND	D	-2.56%
	NVDA	A	-2.5%
	LRCX	F	-2.43%

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

BELT: Top Represented Industries & Keywords

Industries: Internet Content & Information Medical Instruments & Supplies Semiconductor Equipment & Materials Semiconductors Software - Application Specialty Industrial Machinery Biotechnology Capital Markets Credit Services Diagnostics & Research Diversified Industrials Home Improvement Stores Restaurants Software - Infrastructure

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Hyperscale IBD 50 Refrigeration Semiconductor Smartphones Software Aerospace Camera Chemical Vapor Deposition Dow Jones Component Electronic Design Electronic Engineering Electronics Manufacturing Process Medicine Mobile Devices