IPAY vs. TMAT ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to Main Thematic Innovation ETF (TMAT)

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

$60.33

Average Daily Volume

19,723

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TMAT

Main Thematic Innovation ETF

TMAT Description

The investment seeks to outperform the MSCI ACWI Index® in rising markets while limiting losses during periods of decline. The adviser seeks to achieve its objective through dynamic thematic rotation. The Adviser focuses its research primarily on identifying emerging, disruptive, and innovative themes that have a large market demand or addressable market. The Adviser rotates among themes with large addressable markets which may range from nascent technologies to those on the cusp of widespread adoption and buys securities of ETFs investing in those themes.

Grade (RS Rating)

Last Trade

$21.09

Average Daily Volume

16,266

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	IPAY	TMAT
30 Days	9.79%	12.06%
60 Days	13.71%	19.16%
90 Days	19.92%	22.36%
12 Months	46.27%	44.57%

8 Overlapping Holdings

Symbol	Grade	Weight in IPAY	Weight in TMAT	Overlap
AFRM	A	4.82%	2.22%	2.22%
COIN	B	5.19%	1.26%	1.26%
CPAY	A	4.83%	0.75%	0.75%
DLO	C	0.38%	0.73%	0.38%
EVTC	C	0.66%	0.55%	0.55%
FOUR	A	2.91%	0.8%	0.8%
MQ	F	0.64%	0.41%	0.41%
PAGS	F	0.59%	0.33%	0.33%

IPAY Overweight 19 Positions Relative to TMAT

Symbol	Grade	Weight
PYPL	B	6.43%
FI	A	6.42%
TOST	A	6.23%
V	A	5.87%
AXP	B	5.83%
MA	B	5.65%
DFS	B	4.96%
SQ	A	4.84%
FIS	C	4.28%
GPN	C	4.08%
WEX	F	3.09%
ACIW	B	2.21%
QTWO	A	2.16%
EEFT	C	1.91%
WU	F	1.28%
STNE	F	1.13%
VYX	B	0.77%
IMXI	B	0.32%
GDOT	D	0.26%

IPAY Underweight 105 Positions Relative to TMAT

Symbol	Grade	Weight
NVDA	A	-4.51%
APP	B	-4.15%
TSM	C	-3.23%
META	C	-2.9%
RKLB	B	-1.82%
TXN	C	-1.76%
HOOD	B	-1.67%
ARM	F	-1.51%
MU	D	-1.5%
GLBE	B	-1.3%
AVGO	D	-1.29%
KTOS	C	-1.25%
ANSS	B	-1.2%
MKSI	C	-1.02%
KLAC	F	-0.97%
PAY	A	-0.88%
APLD	B	-0.85%
VRT	A	-0.85%
STM	F	-0.85%
WULF	C	-0.84%
IBKR	A	-0.81%
LYFT	C	-0.8%
NTNX	B	-0.79%
PAYC	B	-0.79%
GENI	B	-0.78%
LMND	A	-0.77%
HRI	C	-0.77%
BLND	A	-0.77%
EME	A	-0.75%
FLNC	C	-0.74%
RDNT	B	-0.73%
PRCT	B	-0.73%
PCTY	B	-0.72%
AMSC	C	-0.71%
BILI	D	-0.7%
WK	C	-0.7%
CSL	C	-0.68%
HQY	A	-0.67%
APH	B	-0.66%
FLYW	B	-0.66%
EA	A	-0.66%
TTWO	A	-0.64%
TDG	D	-0.64%
DKNG	B	-0.64%
DLR	A	-0.63%
CDNA	D	-0.63%
CFLT	B	-0.63%
ZD	B	-0.63%
CPRT	B	-0.63%
ACVA	A	-0.62%
QLYS	C	-0.6%
IREN	C	-0.6%
UNP	D	-0.59%
WT	A	-0.58%
SYK	A	-0.58%
IRDM	F	-0.58%
UTHR	C	-0.58%
LPRO	C	-0.57%
NIO	F	-0.57%
ICE	D	-0.55%
SWTX	C	-0.55%
BMI	B	-0.55%
ACHR	B	-0.54%
GOOG	B	-0.54%
ON	F	-0.54%
ABNB	C	-0.54%
BAH	F	-0.54%
VTEX	F	-0.54%
IBTA	D	-0.53%
NTAP	C	-0.53%
LNW	F	-0.52%
DLB	B	-0.52%
WDC	F	-0.51%
EBR	F	-0.51%
ONTO	F	-0.5%
ASND	F	-0.5%
BE	A	-0.5%
ARE	F	-0.49%
FSLR	F	-0.49%
HIMS	C	-0.49%
PSTG	F	-0.48%
BRKR	F	-0.47%
AMAT	F	-0.47%
APPF	C	-0.47%
CLSK	C	-0.47%
CRSR	C	-0.47%
GERN	C	-0.47%
PLUG	F	-0.46%
KRYS	C	-0.45%
CRSP	D	-0.45%
PDD	F	-0.45%
FORM	F	-0.42%
SPT	C	-0.42%
LLY	F	-0.4%
HUYA	F	-0.4%
PUBM	C	-0.39%
LRCX	F	-0.38%
SRPT	F	-0.38%
RIVN	F	-0.35%
LAZR	F	-0.34%
LCID	F	-0.33%
RCKT	F	-0.31%
ENPH	F	-0.29%
SMCI	F	-0.18%
JMIA	F	-0.17%