AWAY vs. IPAY
AWAY (ETFMG Travel Tech ETF) and IPAY (ETFMG Prime Mobile Payments ETF) are both exchange-traded funds - AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while IPAY is a Technology Equities fund tracking the Prime Mobile Payments Index. Both are passively managed. Over the past 5 years, AWAY returned -5.64%/yr vs -5.84%/yr for IPAY. Their 0.73 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.75% expense ratio.
Performance
AWAY vs. IPAY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AWAY achieves a -3.03% return, which is significantly lower than IPAY's -0.98% return.
AWAY
- 1D
- 0.87%
- 1M
- 8.32%
- 6M
- 7.95%
- YTD
- -3.03%
- 1Y
- -6.30%
- 3Y*
- 3.72%
- 5Y*
- -5.64%
- 10Y*
- —
- ALL TIME*
- -3.29%
IPAY
- 1D
- -0.29%
- 1M
- 5.67%
- 6M
- 10.53%
- YTD
- -0.98%
- 1Y
- -8.33%
- 3Y*
- 6.54%
- 5Y*
- -5.84%
- 10Y*
- 7.83%
- ALL TIME*
- 6.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $667.86K | $330.70K | $217.64K | |
| $3.43M | $3.97M | $2.35M |
AWAY vs. IPAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AWAY ETFMG Travel Tech ETF | -3.03% | -3.36% | 10.44% | 17.94% | -32.25% | -5.91% | 3.47% |
IPAY ETFMG Prime Mobile Payments ETF | -0.98% | -9.55% | 25.88% | 18.21% | -32.38% | -12.72% | 24.17% |
Correlation
The correlation between AWAY and IPAY is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2020 | 0.73 |
The correlation between AWAY and IPAY has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
AWAY vs. IPAY - Sectors Allocation Comparison
Sectors
AWAY
IPAY
Consumer Cyclical
-
Technology
Communication Services
-
Industrials
Financial Services
Basic Materials
-
-
Consumer Defensive
-
-
Energy
-
-
Healthcare
-
-
Real Estate
-
-
Utilities
-
-
Consumer Cyclical
AWAY
IPAY
-
Technology
AWAY
IPAY
Communication Services
AWAY
IPAY
-
Industrials
AWAY
IPAY
Financial Services
AWAY
IPAY
Basic Materials
AWAY
-
IPAY
-
Consumer Defensive
AWAY
-
IPAY
-
Energy
AWAY
-
IPAY
-
Healthcare
AWAY
-
IPAY
-
Real Estate
AWAY
-
IPAY
-
Utilities
AWAY
-
IPAY
-
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AWAY vs. IPAY — Risk / Return Rank
AWAY
IPAY
AWAY vs. IPAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and ETFMG Prime Mobile Payments ETF (IPAY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| AWAY | IPAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.96 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | -0.27 | +0.08 |
| Martin ratioReturn relative to average drawdown | -0.34 | -0.46 | +0.12 |
Loading charts...
Drawdowns
AWAY vs. IPAY - Drawdown Comparison
The maximum AWAY drawdown since its inception was -56.57%, which is greater than IPAY's maximum drawdown of -51.75%. Use the drawdown chart below to compare losses from any high point for AWAY and IPAY.
Loading charts...
Drawdown Indicators
| AWAY | IPAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.57% | -51.75% | -4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -30.88% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -32.83% | -32.74% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -49.10% | -51.49% | +2.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.75% | — |
Current DrawdownCurrent decline from peak | -41.50% | -28.31% | -13.19% |
Average DrawdownAverage peak-to-trough decline | -36.50% | -16.94% | -19.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.45% | 18.25% | +0.20% |
Volatility
AWAY vs. IPAY - Volatility Comparison
ETFMG Travel Tech ETF (AWAY) has a higher volatility of 8.19% compared to ETFMG Prime Mobile Payments ETF (IPAY) at 7.25%. This indicates that AWAY's price experiences larger fluctuations and is considered to be riskier than IPAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AWAY | IPAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.19% | 7.25% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 19.01% | 19.20% | -0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.17% | 24.65% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.89% | 26.33% | +0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.64% | 25.43% | +6.21% |
AWAY vs. IPAY - Expense Ratio Comparison
Both AWAY and IPAY have an expense ratio of 0.75%.
Dividends
AWAY vs. IPAY - Dividend Comparison
AWAY has not paid dividends to shareholders, while IPAY's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
AWAY ETFMG Travel Tech ETF | 0.00% | 0.00% | 0.28% | 0.00% | 0.00% | 0.00% | 0.04% |
IPAY ETFMG Prime Mobile Payments ETF | 0.80% | 0.79% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AWAY and IPAY have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AWAY has higher volatility (8.19%) compared to IPAY (7.25%). In terms of maximum drawdown, AWAY dropped -56.57% vs IPAY's -51.75%.
On 5-year performance, AWAY leads with -5.64% vs -5.84% for IPAY. Both ETFs have the same 0.75% expense ratio. On volatility, IPAY has been the lower-risk option at 7.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AWAY has performed better with a -5.64% return vs -5.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AWAY and IPAY have the same expense ratio: 0.75% per year.
IPAY has the higher dividend yield at 0.80%, compared with 0.00% for AWAY.
AWAY is categorized as Consumer Discretionary Equities, while IPAY is Technology Equities. AWAY tracks Prime Travel Technology Index, while IPAY tracks Prime Mobile Payments Index.
AWAY currently has the higher Sharpe Ratio (-0.27 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AWAY and IPAY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer