- ISIN
- US26924G4091
- CUSIP
- 26924G409
- Issuer
- ETFMG
- Inception Date
- Jul 15, 2015
- Region
- Developed Markets (Broad)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Prime Mobile Payments Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $151M
Share Price Chart
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Performance
IPAY Performance Chart
ETFMG Prime Mobile Payments ETF (IPAY) is down 15.7% since the beginning of the year. IPAY is currently trading at $44 per share. Investors who bought $1,000 worth of IPAY shares 5 years ago would now be looking at an investment worth $630.
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Returns By Period
ETFMG Prime Mobile Payments ETF (IPAY) has returned -15.66% so far this year and -21.91% over the past 12 months. Over the last ten years, IPAY has returned 6.83% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
ETFMG Prime Mobile Payments ETF
- 1D
- -1.15%
- 1M
- -2.98%
- YTD
- -15.66%
- 6M
- -17.25%
- 1Y
- -21.91%
- 3Y*
- 2.40%
- 5Y*
- -8.82%
- 10Y*
- 6.83%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IPAY Monthly Returns History
Based on dividend-adjusted daily data since Jul 16, 2015, IPAY's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +20.8%, while the worst month was Mar 2020 at -22.3%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, IPAY closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +12.4%, while the worst single day was Mar 16, 2020 at -14.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.61% | -7.02% | -5.29% | 10.09% | -1.62% | -5.32% | -15.66% | ||||||
| 2025 | 5.54% | -5.41% | -8.07% | 0.01% | 6.11% | 6.11% | -2.70% | 3.57% | -5.43% | -4.94% | -3.80% | 0.43% | -9.55% |
| 2024 | -2.07% | 9.79% | 5.51% | -8.62% | -0.57% | -2.19% | 4.72% | 5.49% | 1.14% | 1.98% | 15.60% | -5.21% | 25.88% |
| 2023 | 12.68% | -4.32% | -1.56% | 1.01% | -3.87% | 5.54% | 5.85% | -7.21% | -6.77% | -8.26% | 18.37% | 9.30% | 18.21% |
| 2022 | -6.44% | -5.49% | 1.52% | -10.94% | -1.03% | -14.82% | 12.78% | -3.33% | -11.51% | 8.45% | 0.93% | -4.99% | -32.38% |
| 2021 | -6.03% | 9.10% | -2.07% | 7.05% | -2.99% | 1.54% | -0.31% | 2.82% | -6.26% | -3.55% | -12.30% | 1.43% | -12.72% |
Benchmark Metrics
ETFMG Prime Mobile Payments ETF has an annualized alpha of -6.94%, beta of 1.17, and R2 of 0.71 versus S&P 500 Index. Calculated based on daily prices since July 16, 2015.
- This ETF participated in 132.87% of S&P 500 Index downside but only 103.26% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -6.94% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -6.94%
- Beta
- 1.17
- R²
- 0.71
- Upside Capture
- 103.26%
- Downside Capture
- 132.87%
Expense Ratio
IPAY has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IPAY ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IPAY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -3.91 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.37 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 2.78 | -3.49 |
| Martin ratioReturn relative to average drawdown | -1.26 | 12.44 | -13.70 |
Dividends
Dividend History
ETFMG Prime Mobile Payments ETF provided a 0.94% dividend yield over the last twelve months, with an annual payout of $0.41 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.41 | $0.41 | $0.45 |
Dividend yield | 0.94% | 0.79% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for ETFMG Prime Mobile Payments ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2024 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ETFMG Prime Mobile Payments ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETFMG Prime Mobile Payments ETF was 51.75%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current ETFMG Prime Mobile Payments ETF drawdown is 38.94%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -51.75%Oct 2023 | 2y 6mo | — | 5y 1moApr 2021 - now |
COVID crash2020 | -42.94%Mar 2020 | 1mo 2d | 5mo 4d | 6mo 6dFeb 2020 - Aug 2020 |
Rate-hike selloffLate 2018 | -25.01%Dec 2018 | 2mo 29d | 3mo 8d | 6mo 7dSep 2018 - Apr 2019 |
2016 bear market2016 | -21.72%Feb 2016 | 3mo 15d | 10mo 27d | 1y 2moOct 2015 - Jan 2017 |
2020 correction2020 | -12.48%Oct 2020 | 17d | 10d | 27dOct 2020 - Nov 2020 |
Drawdown Indicators
| IPAY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.75% | -56.78% | +5.03% |
Max Drawdown (1Y)Largest decline over 1 year | -31.31% | -9.10% | -22.21% |
Max Drawdown (3Y)Largest decline over 3 years | -32.74% | -18.90% | -13.84% |
Max Drawdown (5Y)Largest decline over 5 years | -51.49% | -25.43% | -26.06% |
Max Drawdown (10Y)Largest decline over 10 years | -51.75% | -33.92% | -17.83% |
Current DrawdownCurrent decline from peak | -38.94% | -1.80% | -37.14% |
Average DrawdownAverage peak-to-trough decline | -16.76% | -10.71% | -6.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.38% | 2.03% | +15.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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