IPAY vs. IPOS ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Renaissance Capital Greenwich Fund (IPOS)

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

$47.27

Average Daily Volume

21,400

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

IPOS

Renaissance Capital Greenwich Fund

IPOS Description

The investment seeks replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance International IPO Index. The index is a portfolio of companies that have recently completed an initial public offering ("IPOs") that is listed on a non-U.S. exchange. IPOs are an unseasoned category of equities under-represented in core equity indices. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance International IPO Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$13.33

Average Daily Volume

2,284

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	IPOS
30 Days	-0.67%	-4.54%
60 Days	-2.42%	-8.42%
90 Days	-6.36%	-2.82%
12 Months	9.79%	-12.39%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in IPOS	Overlap

IPAY Overweight 26 Positions Relative to IPOS

	Symbol	Grade	Weight
	MA	D	6.1%
	V	D	6.03%
	AXP	C	5.96%
	PYPL	D	5.74%
	COIN	D	5.13%
	DFS	A	4.69%
	CPAY	D	4.58%
	FIS	B	4.53%
	TOST	C	4.53%
	SQ	D	4.17%
	GPN	D	4.13%
	WEX	D	3.64%
	AFRM	F	3.05%
	FOUR	B	2.46%
	EEFT	D	2.43%
	ACIW	A	1.85%
	WU	D	1.66%
	STNE	D	1.63%
	QTWO	C	1.54%
	MQ	D	1.06%
	PAGS	D	0.95%
	EVTC	F	0.93%
	DLO	F	0.33%
	IMXI	D	0.31%
	GDOT	F	0.3%
	QIWI	D	0.0%

IPAY Underweight 1 Positions Relative to IPOS

	Symbol	Grade	Weight
	LSPD	F	-1.71%

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 Processing Payment Solutions Bank Transaction Processing Transaction Processing Services E Commerce Payment System Mobile Payments Payment Card Payment Services Transfer Services ATM Banking Card Processing Electronic Funds Transfer

IPOS: Top Represented Industries & Keywords

Industries: Software - Application

Keywords: Cloud Computing Cloud Infrastructure Computing Digital Transformation E Commerce Fintech Lightspeed Omnichannel Point Of Sale Point Of Sale Systems