PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
FINX vs. IPAY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FINX and IPAY is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

FINX vs. IPAY

Last updated Jun 1, 2025

Compare and contrast key facts about Global X FinTech ETF (FINX) and ETFMG Prime Mobile Payments ETF (IPAY).

FINX and IPAY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FINX is a passively managed fund by Global X that tracks the performance of the Indxx Global FinTech Thematic Index. It was launched on Sep 12, 2016. IPAY is a passively managed fund by ETFMG that tracks the performance of the Prime Mobile Payments Index. It was launched on Jul 15, 2015. Both FINX and IPAY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FINX or IPAY.

Performance

FINX vs. IPAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X FinTech ETF (FINX) and ETFMG Prime Mobile Payments ETF (IPAY). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FINX:

0.81

IPAY:

0.74

Sortino Ratio

FINX:

1.22

IPAY:

1.15

Omega Ratio

FINX:

1.16

IPAY:

1.15

Calmar Ratio

FINX:

0.41

IPAY:

0.48

Martin Ratio

FINX:

2.29

IPAY:

2.43

Ulcer Index

FINX:

9.26%

IPAY:

7.55%

Daily Std Dev

FINX:

28.69%

IPAY:

26.53%

Max Drawdown

FINX:

-63.53%

IPAY:

-51.75%

Current Drawdown

FINX:

-38.13%

IPAY:

-21.97%

Returns By Period

In the year-to-date period, FINX achieves a -1.92% return, which is significantly higher than IPAY's -2.61% return.

FINX

YTD

-1.92%

1M

8.47%

6M

-9.47%

1Y

22.33%

3Y*

6.97%

5Y*

0.33%

10Y*

N/A

IPAY

YTD

-2.61%

1M

6.37%

6M

-7.68%

1Y

18.95%

3Y*

7.43%

5Y*

3.37%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X FinTech ETF

ETFMG Prime Mobile Payments ETF

FINX vs. IPAY - Expense Ratio Comparison

FINX has a 0.68% expense ratio, which is lower than IPAY's 0.75% expense ratio.

IPAY
ETFMG Prime Mobile Payments ETF
FINX
Global X FinTech ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FINX vs. IPAY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FINX
The Risk-Adjusted Performance Rank of FINX is 6161
Overall Rank
The Sharpe Ratio Rank of FINX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of FINX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of FINX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FINX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of FINX is 5858
Martin Ratio Rank
IPAY
The Risk-Adjusted Performance Rank of IPAY is 6060
Overall Rank
The Sharpe Ratio Rank of IPAY is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of IPAY is 6666
Sortino Ratio Rank
The Omega Ratio Rank of IPAY is 6363
Omega Ratio Rank
The Calmar Ratio Rank of IPAY is 4949
Calmar Ratio Rank
The Martin Ratio Rank of IPAY is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FINX vs. IPAY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) 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.

The current FINX Sharpe Ratio is 0.81, which is comparable to the IPAY Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of FINX and IPAY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FINX vs. IPAY - Dividend Comparison

FINX's dividend yield for the trailing twelve months is around 0.73%, less than IPAY's 0.78% yield.

TTM202420232022202120202019201820172016
FINX
Global X FinTech ETF		0.73%0.72%0.21%0.27%5.40%0.00%0.00%0.18%0.11%0.00%
IPAY
ETFMG Prime Mobile Payments ETF		0.78%0.77%0.09%0.00%0.00%0.00%0.03%0.66%0.03%0.49%

Drawdowns

FINX vs. IPAY - Drawdown Comparison

The maximum FINX drawdown since its inception was -63.53%, which is greater than IPAY's maximum drawdown of -51.75%. Use the drawdown chart below to compare losses from any high point for FINX and IPAY.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FINX vs. IPAY - Volatility Comparison

Global X FinTech ETF (FINX) has a higher volatility of 6.79% compared to ETFMG Prime Mobile Payments ETF (IPAY) at 6.12%. This indicates that FINX'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 data...