IPAY vs. CGRO ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to CoreValues Alpha Greater China Growth ETF (CGRO)
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
$51.40
Average Daily Volume
23,487
27
CGRO
CoreValues Alpha Greater China Growth ETF
CGRO Description
CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.Grade (RS Rating)
Last Trade
$27.19
Average Daily Volume
805
5
Performance
| Period | IPAY | CGRO |
|---|---|---|
| 30 Days | -0.54% | 43.14% |
| 60 Days | 10.76% | 47.38% |
| 90 Days | 8.74% | 32.29% |
| 12 Months | 35.87% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPAY | Weight in CGRO | Overlap |
|---|
IPAY Overweight 27 Positions Relative to CGRO
| Symbol | Grade | Weight | |
|---|---|---|---|
| PYPL | C | 6.5% | |
| AXP | A | 6.11% | |
| FI | A | 6.05% | |
| MA | A | 5.97% | |
| V | C | 5.84% | |
| TOST | C | 4.82% | |
| CPAY | A | 4.52% | |
| FIS | C | 4.48% | |
| DFS | C | 4.43% | |
| SQ | D | 4.33% | |
| AFRM | C | 4.16% | |
| WEX | C | 3.98% | |
| COIN | F | 3.96% | |
| GPN | F | 3.95% | |
| FOUR | B | 2.88% | |
| ACIW | B | 2.25% | |
| EEFT | F | 2.08% | |
| QTWO | C | 1.94% | |
| WU | D | 1.63% | |
| STNE | F | 1.47% | |
| MQ | F | 0.9% | |
| VYX | B | 0.82% | |
| PAGS | F | 0.75% | |
| EVTC | D | 0.72% | |
| DLO | D | 0.33% | |
| GDOT | C | 0.31% | |
| IMXI | F | 0.31% |
IPAY: Top Represented Industries & Keywords
CGRO: Top Represented Industries & Keywords
Compare ETFs
