IPAY vs. RULE ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Adaptive Core ETF (RULE)
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

$60.11

Average Daily Volume

20,274

Number of Holdings *

27

* may have additional holdings in another (foreign) market
RULE

Adaptive Core ETF

RULE Description Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$23.19

Average Daily Volume

5,927

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period IPAY RULE
30 Days 10.92% 4.17%
60 Days 14.58% 5.40%
90 Days 19.22% 5.82%
12 Months 46.53% 21.04%
3 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in RULE Overlap
FI A 6.42% 2.91% 2.91%
GPN B 4.08% 2.51% 2.51%
V A 5.87% 2.95% 2.95%
IPAY Overweight 24 Positions Relative to RULE
Symbol Grade Weight
PYPL B 6.43%
TOST B 6.23%
AXP A 5.83%
MA B 5.65%
COIN C 5.19%
DFS B 4.96%
SQ A 4.84%
CPAY A 4.83%
AFRM A 4.82%
FIS C 4.28%
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 32 Positions Relative to RULE
Symbol Grade Weight
BIL A -4.27%
JPST A -4.26%
CRM B -3.6%
APO B -3.39%
WMB A -3.07%
EQIX A -3.05%
PCAR B -3.04%
XLG B -3.04%
AON A -3.04%
SPHQ A -3.03%
CAH B -3.0%
VST A -2.96%
INTU B -2.95%
IWF B -2.91%
BK A -2.88%
PH A -2.87%
CTAS B -2.84%
GWW B -2.82%
UBER F -2.8%
NFLX A -2.78%
PGR A -2.72%
HD B -2.7%
FTNT C -2.67%
RMD C -2.65%
FCNCA A -2.59%
URI C -2.57%
IRM C -2.47%
VRT B -2.41%
IBM C -2.35%
PAYX B -2.18%
ADBE C -1.94%
ARES A -1.81%
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