IPAY vs. JMID ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Janus Henderson Mid Cap Growth Alpha ETF (JMID)

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

$61.19

Average Daily Volume

20,274

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JMID

Janus Henderson Mid Cap Growth Alpha ETF

JMID Description

JMID is designed to capitalize on mid-cap growth opportunities within the US market. The portfolio is constructed using a proprietary quantitative model that integrates fundamental research. Security selection focuses on identifying stocks expected to outperform, based on an analysis of various combinations and weightings. The objective is to generate alpha, or returns above the benchmark index, by analyzing key growth factors. Additionally, it employs portfolio optimization techniques to maintain alignment with the benchmark's risk profile. The fund may engage in active and frequent trading.

Grade (RS Rating)

Last Trade

$29.47

Average Daily Volume

2,689

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	JMID
30 Days	10.92%	10.70%
60 Days	14.58%	14.72%
90 Days	19.22%
12 Months	46.53%

2 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in JMID	Overlap
	COIN	C	5.19%	1.84%	1.84%
	CPAY	A	4.83%	2.55%	2.55%

IPAY Overweight 25 Positions Relative to JMID

Symbol	Grade	Weight
PYPL	B	6.43%
FI	A	6.42%
TOST	B	6.23%
V	A	5.87%
AXP	A	5.83%
MA	B	5.65%
DFS	B	4.96%
SQ	A	4.84%
AFRM	A	4.82%
FIS	C	4.28%
GPN	B	4.08%
WEX	D	3.09%
FOUR	A	2.91%
ACIW	B	2.21%
QTWO	A	2.16%
EEFT	B	1.91%
WU	F	1.28%
STNE	F	1.13%
VYX	B	0.77%
EVTC	B	0.66%
MQ	D	0.64%
PAGS	F	0.59%
DLO	C	0.38%
IMXI	B	0.32%
GDOT	D	0.26%

IPAY Underweight 76 Positions Relative to JMID

Symbol	Grade	Weight
PLTR	B	-3.96%
APP	B	-3.36%
AMP	A	-3.08%
GWW	B	-2.97%
COR	B	-2.74%
IT	C	-2.72%
ALL	A	-2.4%
EME	A	-2.37%
GDDY	A	-2.35%
NU	C	-2.16%
FAST	B	-2.15%
VRT	B	-2.12%
NTAP	C	-2.08%
ARES	A	-2.06%
EXPE	B	-1.98%
SPG	A	-1.86%
FIX	A	-1.81%
CLX	A	-1.73%
BR	A	-1.7%
MANH	D	-1.69%
POOL	C	-1.66%
CSL	C	-1.6%
VEEV	C	-1.59%
VRSK	A	-1.49%
LNG	A	-1.46%
DECK	A	-1.35%
EXP	B	-1.34%
TPL	A	-1.34%
NRG	B	-1.29%
DOCU	B	-1.26%
JBL	C	-1.2%
LAMR	C	-1.2%
DVA	C	-1.17%
LPX	B	-1.03%
ALNY	D	-1.02%
DXCM	C	-1.01%
WAT	C	-1.01%
BLDR	D	-1.01%
ZBRA	B	-0.99%
DT	D	-0.98%
UI	B	-0.95%
TPX	B	-0.91%
PODD	C	-0.89%
RBLX	C	-0.89%
PEGA	B	-0.88%
EXEL	B	-0.87%
VLTO	C	-0.87%
WSM	C	-0.81%
PCTY	C	-0.78%
SYY	D	-0.76%
RMD	C	-0.75%
TDC	D	-0.74%
HRB	D	-0.74%
NTNX	B	-0.73%
MDB	B	-0.71%
BSY	F	-0.66%
GNRC	C	-0.63%
KNSL	B	-0.54%
NXST	C	-0.52%
HWM	A	-0.52%
MEDP	D	-0.52%
PAYC	B	-0.48%
CACC	D	-0.48%
PPC	C	-0.48%
XP	F	-0.47%
DOCS	C	-0.44%
APPF	B	-0.43%
LOPE	C	-0.41%
TTEK	F	-0.4%
CVNA	B	-0.38%
RNG	C	-0.38%
CROX	D	-0.37%
ENPH	F	-0.32%
CELH	F	-0.28%
FTRE	D	-0.24%
TKO	A	-0.18%