IPAY vs. JPST ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to JPMorgan Ultra-Short Income ETF (JPST)

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

$59.58

Average Daily Volume

24,339

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPST

JPMorgan Ultra-Short Income ETF

JPST Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$50.51

Average Daily Volume

5,214,013

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	JPST
30 Days	8.06%	0.25%
60 Days	12.53%	0.54%
90 Days	18.95%	1.15%
12 Months	45.65%	6.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPAY	Weight in JPST	Overlap
	AXP	B	5.95%	0.01%	0.01%

IPAY Overweight 26 Positions Relative to JPST

Symbol	Grade	Weight
FI	A	6.52%
PYPL	A	6.25%
V	A	5.97%
MA	A	5.77%
TOST	A	5.17%
DFS	B	5.12%
COIN	A	4.87%
CPAY	A	4.63%
AFRM	A	4.53%
SQ	A	4.47%
FIS	A	4.3%
GPN	B	4.03%
WEX	F	3.22%
FOUR	A	2.95%
ACIW	B	2.44%
QTWO	B	2.31%
EEFT	C	1.98%
STNE	F	1.34%
WU	F	1.32%
VYX	C	0.77%
EVTC	C	0.69%
MQ	D	0.63%
PAGS	F	0.62%
GDOT	D	0.32%
DLO	C	0.32%
IMXI	B	0.29%

IPAY Underweight 110 Positions Relative to JPST

Symbol	Grade	Weight
CASH	B	-2.2%
TMO	F	-0.74%
AZN	F	-0.57%
EQH	B	-0.35%
KDP	F	-0.31%
CCEP	D	-0.3%
ATO	A	-0.3%
MCD	D	-0.29%
LDOS	C	-0.26%
BXMT	D	-0.25%
SNX	C	-0.23%
TDY	B	-0.22%
HART	D	-0.19%
BA	F	-0.18%
D	C	-0.17%
OGS	A	-0.17%
VZ	C	-0.16%
ETR	A	-0.16%
T	A	-0.14%
CNP	A	-0.14%
GILD	B	-0.13%
DB	C	-0.13%
CAG	F	-0.13%
AAPL	C	-0.12%
SO	C	-0.11%
WFC	A	-0.11%
VTRS	A	-0.1%
GM	B	-0.1%
FITB	A	-0.1%
HUM	D	-0.09%
WEC	A	-0.09%
MLM	B	-0.09%
JBHT	C	-0.09%
IFF	F	-0.08%
STT	A	-0.08%
DT	C	-0.08%
CI	D	-0.08%
NEM	F	-0.08%
DUK	C	-0.08%
KR	B	-0.07%
CFG	A	-0.07%
BX	A	-0.07%
HSBC	A	-0.07%
SBUX	A	-0.06%
BG	D	-0.06%
ACR	A	-0.06%
SEB	F	-0.06%
XOM	A	-0.06%
AEP	C	-0.05%
MS	A	-0.05%
AL	A	-0.05%
BHF	B	-0.04%
ORCL	A	-0.04%
KKR	A	-0.04%
MDLZ	F	-0.04%
ABBV	F	-0.04%
COF	B	-0.04%
PL	B	-0.04%
ARES	B	-0.03%
CHD	A	-0.03%
R	B	-0.03%
ROP	C	-0.03%
NEE	C	-0.03%
BCC	A	-0.03%
BMO	B	-0.03%
HON	A	-0.02%
WLK	F	-0.02%
MSC	F	-0.02%
ETN	B	-0.02%
AZO	A	-0.02%
GSK	F	-0.02%
DIS	B	-0.02%
AER	C	-0.02%
BNS	A	-0.02%
EPD	A	-0.01%
ABT	A	-0.01%
PFE	F	-0.01%
IBM	D	-0.01%
ICE	C	-0.01%
MCO	D	-0.01%
DHR	F	-0.01%
CSL	C	-0.01%
BMY	B	-0.01%
PSX	C	-0.01%
SCHW	A	-0.01%
PNC	A	-0.01%
BK	A	-0.01%
UNH	B	-0.01%
MMM	D	-0.01%
CAT	B	-0.01%
PM	A	-0.01%
HBAN	A	-0.01%
ES	C	-0.01%
JXN	B	-0.01%
MET	A	-0.01%
UBS	B	-0.01%
BAC	A	-0.01%
RY	C	-0.01%
TFC	A	-0.01%
DE	C	-0.01%
KEY	A	-0.01%
MUFG	A	-0.01%
GS	A	-0.01%
NWG	A	-0.01%
TD	D	-0.01%
PFG	A	-0.01%
CM	A	-0.01%
USB	A	-0.01%
C	A	-0.01%
AIG	A	-0.01%