IPAY vs. DSMC ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Distillate Small/Mid Cash Flow ETF (DSMC)

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

$51.59

Average Daily Volume

24,450

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

DSMC

Distillate Small/Mid Cash Flow ETF

DSMC Description

Distillate Small/Mid Cash Flow ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Distillate Capital Partners LLC and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It employs proprietary research to create its portfolio. Distillate Small/Mid Cash Flow ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$35.26

Average Daily Volume

14,448

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	DSMC
30 Days	2.59%	0.26%
60 Days	5.72%	-1.67%
90 Days	10.07%	1.83%
12 Months	26.35%	15.77%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in DSMC	Overlap
	WEX	C	3.77%	1.35%	1.35%

IPAY Overweight 24 Positions Relative to DSMC

	Symbol	Grade	Weight
	PYPL	B	6.44%
	MA	B	6.31%
	AXP	B	6.2%
	V	B	6.01%
	CPAY	B	4.84%
	FIS	B	4.76%
	DFS	C	4.56%
	GPN	D	4.44%
	TOST	B	4.28%
	SQ	D	3.9%
	AFRM	C	3.89%
	COIN	F	3.47%
	FOUR	C	2.51%
	ACIW	B	2.12%
	EEFT	D	2.06%
	QTWO	B	1.71%
	WU	D	1.53%
	STNE	F	1.5%
	MQ	F	0.93%
	EVTC	D	0.86%
	PAGS	F	0.68%
	GDOT	C	0.33%
	DLO	D	0.32%
	IMXI	D	0.26%

IPAY Underweight 9 Positions Relative to DSMC

	Symbol	Grade	Weight
	UTHR	C	-1.95%
	TOL	B	-1.8%
	QRVO	F	-1.67%
	CROX	C	-1.44%
	CHRD	F	-1.27%
	CVCO	B	-1.26%
	MHK	B	-1.25%
	DDS	D	-1.17%
	AMR	F	-1.15%

IPAY: Top Represented Industries & Keywords

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

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

DSMC: Top Represented Industries & Keywords

Industries: Residential Construction Biotechnology Business Services Coal Department Stores Footwear & Accessories Home Furnishings & Fixtures Oil & Gas E&P Semiconductors

Keywords: Construction Homebuilder S&P 500 3 D Acetate Aerospace Aerospace Market Aerospace Markets Alcohol Alpha Natural Resources Apartment Biotechnology Blastoma Brain Cancer Building Materials Card Payment Solutions Card Products Carpet Casualty Insurance Ceramic Tiles