ETFMG Prime Mobile Payments ETF (IPAY)
IPAY is a passive ETF by ETFMG tracking the investment results of the Prime Mobile Payments Index. IPAY launched on Jul 15, 2015 and has a 0.75% expense ratio.
ETF Info
| ISIN | US26924G4091 |
|---|---|
| CUSIP | 26924G409 |
| Issuer | ETFMG |
| Inception Date | Jul 15, 2015 |
| Region | Developed Markets (Broad) |
| Category | Technology Equities |
| Index Tracked | Prime Mobile Payments Index |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Growth |
Expense Ratio
The ETFMG Prime Mobile Payments ETF has a high expense ratio of 0.75%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: IPAY vs. FINX, IPAY vs. ARKF, IPAY vs. XLY, IPAY vs. QQQ, IPAY vs. PYPL, IPAY vs. VOO, IPAY vs. XLF, IPAY vs. VTI, IPAY vs. AXP, IPAY vs. FTEC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETFMG Prime Mobile Payments ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ETFMG Prime Mobile Payments ETF had a return of 3.58% year-to-date (YTD) and 14.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.58% | 5.06% |
| 1 month | -5.06% | -3.23% |
| 6 months | 26.65% | 17.14% |
| 1 year | 14.58% | 20.62% |
| 5 years (annualized) | 2.30% | 11.54% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.07% | 9.79% | 5.51% | |||||||||
| 2023 | -6.77% | -8.26% | 18.37% | 9.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ETFMG Prime Mobile Payments ETF(IPAY)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ETFMG Prime Mobile Payments ETF granted a 0.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.05 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.04 | $0.00 | $0.00 | $0.00 | $0.02 | $0.23 | $0.01 | $0.13 |
Dividend yield | 0.11% | 0.09% | 0.00% | 0.00% | 0.00% | 0.03% | 0.66% | 0.02% | 0.49% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.01 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2016 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 34.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.75% | Apr 29, 2021 | 630 | Oct 27, 2023 | — | — | — |
| -42.94% | Feb 20, 2020 | 23 | Mar 23, 2020 | 107 | Aug 24, 2020 | 130 |
| -24.48% | Sep 26, 2018 | 62 | Dec 24, 2018 | 66 | Apr 1, 2019 | 128 |
| -21.72% | Oct 29, 2015 | 72 | Feb 11, 2016 | 184 | Nov 25, 2016 | 256 |
| -12.48% | Oct 13, 2020 | 14 | Oct 30, 2020 | 6 | Nov 9, 2020 | 20 |
Volatility
Volatility Chart
The current ETFMG Prime Mobile Payments ETF volatility is 5.94%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.