IPAY vs. WBIF ETF Comparison

Comparison of ETFMG Prime Mobile Payments ETF (IPAY) to WBI Large Cap Tactical Value Shares (WBIF)
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

$51.59

Average Daily Volume

23,712

Number of Holdings *

25

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

WBI Large Cap Tactical Value Shares

WBIF Description The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.20

Average Daily Volume

1,020

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period IPAY WBIF
30 Days -0.18% -0.16%
60 Days 11.15% 3.56%
90 Days 9.13% 0.91%
12 Months 32.77% 11.50%
0 Overlapping Holdings
Symbol Grade Weight in IPAY Weight in WBIF Overlap
IPAY Overweight 25 Positions Relative to WBIF
Symbol Grade Weight
V C 6.22%
PYPL B 6.21%
MA A 6.09%
AXP A 6.01%
FIS C 4.62%
TOST B 4.6%
AFRM C 4.55%
CPAY A 4.54%
GPN F 4.42%
DFS C 4.4%
SQ D 4.38%
WEX C 3.92%
COIN F 3.43%
FOUR B 2.79%
ACIW A 2.24%
EEFT F 2.11%
QTWO C 1.9%
WU D 1.63%
STNE F 1.6%
MQ F 0.92%
PAGS F 0.79%
EVTC D 0.73%
DLO F 0.35%
GDOT C 0.34%
IMXI D 0.32%
IPAY Underweight 25 Positions Relative to WBIF
Symbol Grade Weight
BX C -5.09%
WRB B -4.66%
BDX B -4.64%
HIG A -4.57%
HCA A -4.55%
GWW A -4.44%
CI C -4.43%
BR B -4.16%
CDW D -4.13%
DECK C -4.04%
NFLX C -4.03%
AAPL C -3.93%
SO A -3.92%
PANW D -3.88%
HYLB A -3.85%
INTU F -3.82%
ATO A -3.79%
DTE A -3.56%
ADBE F -3.54%
DUK B -3.48%
QCOM D -3.3%
CRM C -2.82%
LRCX F -2.8%
TRV C -2.62%
CHRW A -1.1%
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