IPAY vs. LMBO ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Direxion Daily Crypto Industry Bull 2X Shares (LMBO)

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

$59.37

Average Daily Volume

24,339

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LMBO

Direxion Daily Crypto Industry Bull 2X Shares

LMBO Description

The index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.12

Average Daily Volume

4,621

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	LMBO
30 Days	8.06%	13.42%
60 Days	12.53%	37.27%
90 Days	18.95%	34.92%
12 Months	45.65%

7 Overlapping Holdings

Symbol	Grade	Weight in IPAY	Weight in LMBO	Overlap
COIN	A	4.87%	4.03%	4.03%
FOUR	A	2.95%	2.7%	2.7%
MA	A	5.77%	4.43%	4.43%
PAGS	F	0.62%	1.03%	0.62%
PYPL	A	6.25%	4.65%	4.65%
SQ	A	4.47%	3.05%	3.05%
V	A	5.97%	4.59%	4.59%

IPAY Overweight 20 Positions Relative to LMBO

Symbol	Grade	Weight
FI	A	6.52%
AXP	B	5.95%
TOST	A	5.17%
DFS	B	5.12%
CPAY	A	4.63%
AFRM	A	4.53%
FIS	A	4.3%
GPN	B	4.03%
WEX	F	3.22%
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%
GDOT	D	0.32%
DLO	C	0.32%
IMXI	B	0.29%

IPAY Underweight 14 Positions Relative to LMBO

Symbol	Grade	Weight
NU	C	-4.81%
NVDA	B	-4.65%
AMD	F	-3.95%
MARA	C	-3.61%
HOOD	A	-3.23%
IBKR	A	-3.1%
DKNG	B	-2.86%
GLOB	C	-2.8%
CLSK	C	-2.59%
RIOT	C	-2.54%
WULF	C	-1.89%
CIFR	C	-1.4%
IREN	C	-1.36%
BTBT	C	-0.47%