IPAY vs. EMM ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Global X Emerging Markets ETF (EMM)
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
$61.02
Average Daily Volume
20,503
27
EMM
Global X Emerging Markets ETF
EMM Description
EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.Grade (RS Rating)
Last Trade
$27.60
Average Daily Volume
6,489
10
Performance
| Period | IPAY | EMM |
|---|---|---|
| 30 Days | 12.96% | -1.84% |
| 60 Days | 16.16% | -3.41% |
| 90 Days | 21.02% | -4.10% |
| 12 Months | 48.75% | 11.21% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPAY | Weight in EMM | Overlap |
|---|
IPAY Overweight 27 Positions Relative to EMM
| Symbol | Grade | Weight | |
|---|---|---|---|
| PYPL | B | 6.43% | |
| FI | A | 6.42% | |
| TOST | B | 6.23% | |
| V | A | 5.87% | |
| AXP | A | 5.83% | |
| MA | C | 5.65% | |
| COIN | C | 5.19% | |
| DFS | B | 4.96% | |
| SQ | B | 4.84% | |
| CPAY | A | 4.83% | |
| AFRM | B | 4.82% | |
| FIS | C | 4.28% | |
| GPN | B | 4.08% | |
| WEX | D | 3.09% | |
| FOUR | B | 2.91% | |
| ACIW | B | 2.21% | |
| QTWO | A | 2.16% | |
| EEFT | B | 1.91% | |
| WU | D | 1.28% | |
| STNE | F | 1.13% | |
| VYX | B | 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: Top Represented Industries & Keywords
EMM: Top Represented Industries & Keywords
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