IPAY vs. MARB ETF Comparison
Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to First Trust Merger Arbitrage ETF (MARB)
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
27
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.63
Average Daily Volume
6,829
34
Performance
| Period | IPAY | MARB |
|---|---|---|
| 30 Days | 8.06% | -1.37% |
| 60 Days | 12.53% | -1.54% |
| 90 Days | 18.95% | -2.22% |
| 12 Months | 45.65% | -1.40% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPAY | Weight in MARB | Overlap | |
|---|---|---|---|---|---|
| DFS | B | 5.12% | 4.67% | 4.67% |
IPAY Overweight 26 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| FI | A | 6.52% | |
| PYPL | A | 6.25% | |
| V | A | 5.97% | |
| AXP | B | 5.95% | |
| MA | A | 5.77% | |
| TOST | A | 5.17% | |
| 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 33 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | B | -7.98% | |
| HCP | B | -5.64% | |
| EDR | A | -4.92% | |
| ACI | C | -4.88% | |
| AMED | F | -4.57% | |
| AXNX | A | -4.2% | |
| NAPA | A | -3.99% | |
| ANSS | B | -3.85% | |
| B | A | -3.78% | |
| JNPR | D | -3.65% | |
| EVRI | A | -3.48% | |
| K | B | -3.28% | |
| ESGR | B | -3.18% | |
| CTLT | D | -3.17% | |
| HES | B | -3.07% | |
| VZIO | A | -3.05% | |
| CHX | C | -2.78% | |
| LBPH | A | -2.78% | |
| MGRC | B | -2.75% | |
| FYBR | C | -2.53% | |
| ENV | B | -2.38% | |
| SRDX | C | -2.29% | |
| IBTX | B | -2.21% | |
| RCM | A | -2.07% | |
| MRO | A | -2.03% | |
| WSC | F | --1.0% | |
| COP | B | --2.02% | |
| SNPS | C | --2.21% | |
| SSB | B | --2.22% | |
| CVX | A | --3.56% | |
| SLB | C | --4.15% | |
| COF | B | --5.12% | |
| UMBF | B | --8.33% |
IPAY: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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