IPAY vs. CLSE ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Convergence Long/Short Equity ETF (CLSE)
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

$59.81

Average Daily Volume

19,866

Number of Holdings *

27

* may have additional holdings in another (foreign) market
CLSE

Convergence Long/Short Equity ETF

CLSE Description The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

63,329

Number of Holdings *

337

* may have additional holdings in another (foreign) market
Performance
Period IPAY CLSE
30 Days 8.86% 4.36%
60 Days 14.01% 7.10%
90 Days 19.48% 9.99%
12 Months 45.48% 40.17%
6 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in CLSE Overlap
ACIW B 2.21% 1.3% 1.3%
AFRM A 4.82% -0.35% -0.35%
EEFT C 1.91% 0.22% 0.22%
FOUR A 2.91% -0.27% -0.27%
PYPL B 6.43% 1.33% 1.33%
STNE F 1.13% -0.27% -0.27%
IPAY Overweight 21 Positions Relative to CLSE
Symbol Grade Weight
FI A 6.42%
TOST A 6.23%
V A 5.87%
AXP B 5.83%
MA B 5.65%
COIN A 5.19%
DFS B 4.96%
SQ A 4.84%
CPAY A 4.83%
FIS C 4.28%
GPN C 4.08%
WEX F 3.09%
QTWO B 2.16%
WU F 1.28%
VYX C 0.77%
EVTC B 0.66%
MQ F 0.64%
PAGS F 0.59%
DLO C 0.38%
IMXI B 0.32%
GDOT D 0.26%
IPAY Underweight 331 Positions Relative to CLSE
Symbol Grade Weight
NVDA A -4.61%
GOOGL B -3.47%
META C -3.3%
AMZN B -2.53%
AVGO C -2.28%
APP A -2.25%
MU D -2.13%
HPE B -1.92%
CVNA A -1.85%
ANET C -1.83%
WMT A -1.82%
QCOM F -1.73%
IDCC B -1.51%
GDDY A -1.42%
CVLT B -1.4%
DOCU B -1.37%
ORCL A -1.33%
TSLA A -1.22%
JHG B -1.21%
NTNX B -1.16%
HD A -1.13%
SYF B -1.11%
BMY A -1.11%
NTRS A -1.08%
GILD C -1.07%
SNEX B -1.06%
PLTR A -1.02%
NTAP C -1.0%
LNG A -0.97%
SEIC B -0.95%
HALO F -0.9%
AMRX C -0.9%
BFH B -0.88%
GM B -0.87%
COR B -0.86%
CAH B -0.86%
PPC B -0.85%
GVA A -0.84%
MLI B -0.84%
CARG B -0.83%
AAPL C -0.83%
JNJ D -0.83%
BAC A -0.81%
PRIM A -0.8%
MO A -0.79%
NFLX A -0.79%
THC C -0.78%
FITB B -0.78%
DVA C -0.78%
IESC A -0.77%
CPNG D -0.77%
EME A -0.75%
WFC A -0.75%
CNX A -0.74%
FTI A -0.74%
UTHR C -0.73%
PNC B -0.72%
ABBV F -0.72%
RF A -0.72%
STRL A -0.71%
ZION B -0.71%
CMA B -0.71%
NRG B -0.71%
UHS D -0.7%
TMUS B -0.7%
CEIX A -0.7%
GEN B -0.68%
VRT A -0.68%
APH B -0.67%
UMBF B -0.66%
ALSN B -0.66%
MTZ A -0.66%
AVT C -0.66%
MWA B -0.65%
BLK B -0.65%
JPM A -0.64%
CHRW B -0.61%
EXPE B -0.61%
TSN B -0.6%
FFIV B -0.6%
FTDR B -0.58%
AMG C -0.58%
LDOS C -0.55%
VST A -0.55%
RGA B -0.55%
GLW B -0.52%
MET A -0.52%
SLVM C -0.5%
GOOG B -0.49%
UI A -0.49%
EXP B -0.48%
CACI C -0.48%
PNW B -0.48%
AVA C -0.47%
UNP D -0.47%
PGR B -0.46%
DUOL A -0.45%
PG C -0.45%
ALL A -0.45%
BKNG A -0.44%
LPX B -0.43%
CTRE C -0.42%
SCCO F -0.41%
RMD C -0.4%
JXN C -0.39%
SR A -0.38%
R B -0.38%
SPG A -0.37%
CNA C -0.37%
CF A -0.37%
GRMN B -0.37%
OUT A -0.36%
EQR C -0.35%
CCL A -0.35%
CDP C -0.34%
RGLD C -0.32%
CNC F -0.31%
PTON C -0.31%
LAMR D -0.31%
J D -0.31%
MPWR F -0.3%
CVS F -0.29%
VLO C -0.29%
T A -0.29%
MDT D -0.29%
IIPR F -0.28%
APA F -0.25%
NVR D -0.24%
VRTX D -0.23%
MATX B -0.22%
NEM D -0.22%
TOL B -0.22%
FLR B -0.21%
JLL D -0.2%
MUSA B -0.2%
ABM B -0.19%
BAH D -0.18%
KR B -0.17%
NTRA A -0.17%
BOX B -0.17%
JAZZ C -0.16%
FOXA B -0.14%
EXPD D -0.14%
FN B -0.13%
PRU B -0.13%
VCTR B -0.12%
VCYT B -0.12%
CINF A -0.12%
CDE C -0.11%
ILMN C -0.1%
AEIS B -0.07%
INCY C -0.07%
HQY A -0.07%
QQQ B -0.0%
LNTH F -0.0%
LRCX F -0.0%
PENN C --0.05%
KNX B --0.06%
HGV C --0.06%
HUN F --0.07%
EXAS D --0.07%
RYN D --0.07%
COOP B --0.07%
CCS F --0.07%
BC D --0.08%
JOE F --0.08%
AES F --0.08%
FLYW B --0.08%
GNTX F --0.09%
JBLU F --0.09%
NSC B --0.1%
MCW C --0.1%
ABG B --0.1%
ATO A --0.1%
ACVA A --0.11%
ENPH F --0.11%
CGON F --0.11%
EL F --0.12%
RBA A --0.12%
FL F --0.12%
PCH D --0.12%
DLR A --0.13%
EXR C --0.13%
STLD B --0.13%
AVAV C --0.13%
ALIT C --0.13%
VMC B --0.13%
MLM B --0.13%
BPOP C --0.14%
PYCR C --0.14%
DAY B --0.14%
REXR F --0.14%
ARWR D --0.14%
MKL A --0.14%
AA A --0.14%
EQIX A --0.14%
CZR F --0.15%
COLD F --0.15%
APD A --0.15%
GTLS A --0.15%
CRL D --0.15%
RNR C --0.15%
DRVN B --0.15%
NARI C --0.16%
FIVN C --0.16%
BHF C --0.16%
XPO B --0.16%
OSK C --0.16%
LGIH F --0.16%
DAR B --0.16%
ALB B --0.16%
UHAL D --0.16%
AGO A --0.16%
EW C --0.16%
SITE D --0.16%
SW A --0.17%
TEX D --0.17%
TREX D --0.17%
MDGL C --0.17%
LKQ F --0.17%
MASI B --0.17%
AJG B --0.17%
KRG A --0.17%
ENOV C --0.18%
CHDN C --0.18%
UEC A --0.18%
EBC B --0.18%
AGCO F --0.18%
COTY F --0.18%
AL B --0.18%
CNH C --0.18%
BRKR F --0.18%
C B --0.19%
WAL B --0.19%
AIR B --0.19%
KNSL B --0.2%
SRE A --0.2%
GATX B --0.2%
BIRK D --0.2%
BE A --0.21%
AESI B --0.21%
NOG B --0.21%
WTM A --0.21%
PRCT B --0.22%
BANC B --0.22%
MTN C --0.22%
SAIA C --0.22%
SUM B --0.22%
EQT A --0.23%
PSA C --0.23%
XYL D --0.23%
WTRG B --0.24%
ELF C --0.24%
IONS F --0.24%
GPOR A --0.24%
CELH F --0.24%
HSY F --0.24%
DELL B --0.25%
LW C --0.25%
KEY B --0.25%
BILL B --0.26%
NEOG D --0.26%
AUR C --0.26%
AWK C --0.26%
VAL F --0.27%
TEAM A --0.27%
MSCI B --0.27%
PTEN C --0.27%
MNST C --0.28%
SOFI A --0.28%
ESTC C --0.29%
MDB C --0.29%
XP F --0.29%
MKTX D --0.29%
CYTK D --0.3%
LYV A --0.3%
NDAQ A --0.3%
APLS F --0.3%
APTV F --0.32%
GTLB B --0.32%
VVV D --0.33%
CCOI B --0.33%
LPLA A --0.34%
ZBRA B --0.34%
ABNB D --0.34%
INSP F --0.34%
FCNCA A --0.35%
APO A --0.35%
CACC F --0.36%
COHR B --0.36%
BBIO F --0.36%
ZI D --0.36%
BEN C --0.36%
ON F --0.39%
DG F --0.4%
SATS C --0.4%
BA D --0.4%
RBLX B --0.41%
DLTR F --0.41%
PINS F --0.41%
U F --0.41%
RIVN F --0.42%
TTWO A --0.43%
WBD B --0.43%
SNPS C --0.44%
ALGM F --0.45%
DV C --0.45%
CGNX D --0.45%
GE D --0.46%
CDNS B --0.46%
MRNA F --0.47%
SMCI F --0.47%
RH D --0.47%
CFLT B --0.47%
CHTR B --0.48%
CSCO B --0.52%
FND F --0.53%
BRZE C --0.56%
FIVE F --0.56%
NWS A --0.57%
WST D --0.59%
LITE B --0.6%
POOL D --0.61%
MCHP F --0.63%
DXCM C --0.63%
WDC F --0.65%
LSCC D --0.7%
ROP C --0.7%
TXN C --0.81%
INTC C --0.93%
FSLR F --1.26%
Compare ETFs