IPAY vs. ASMH

Last updated Apr 1, 2026

Compare and contrast key facts about ETFMG Prime Mobile Payments ETF (IPAY) and ASML Holding NV ADR Hedged ETF (ASMH).

IPAY and ASMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ASMH is a passively managed fund by Precidian Funds that tracks the performance of the ASML Holding NV Sponsored ADR. It was launched on Mar 13, 2025. Both IPAY and ASMH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IPAY vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Prime Mobile Payments ETF (IPAY) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

IPAY vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
IPAY ETFMG Prime Mobile Payments ETF	-17.75%	0.18%
ASMH ASML Holding NV ADR Hedged ETF	25.77%	58.84%

Returns By Period

In the year-to-date period, IPAY achieves a -17.75% return, which is significantly lower than ASMH's 25.77% return.

IPAY

• 1D: 2.51%
• 1M: -5.29%
• YTD: -17.75%
• 6M: -24.46%
• 1Y: -18.94%
• 3Y*: 1.41%
• 5Y*: -8.65%
• 10Y*: 6.12%

ASMH

• 1D: 4.15%
• 1M: -6.47%
• YTD: 25.77%
• 6M: 39.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IPAY vs. ASMH - Expense Ratio Comparison

IPAY has a 0.75% expense ratio, which is higher than ASMH's 0.19% expense ratio.

IPAY

ETFMG Prime Mobile Payments ETF

ASMH

ASML Holding NV ADR Hedged ETF

Return for Risk

IPAY vs. ASMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IPAY

IPAY Risk / Return Rank: 2
IPAY Sharpe Ratio Rank: 2
IPAY Sortino Ratio Rank: 2
IPAY Omega Ratio Rank: 2
IPAY Calmar Ratio Rank: 3
IPAY Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IPAY vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	IPAY	ASMH	Difference
Sharpe ratio Return per unit of total volatility	-0.69	—	—
Sortino ratio Return per unit of downside risk	-0.84	—	—
Omega ratio Gain probability vs. loss probability	0.89	—	—
Calmar ratio Return relative to maximum drawdown	-0.61	—	—
Martin ratio Return relative to average drawdown	-1.45	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IPAY	ASMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	3.00	-2.79

Correlation

The correlation between IPAY and ASMH is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IPAY vs. ASMH - Dividend Comparison

IPAY's dividend yield for the trailing twelve months is around 0.96%, less than ASMH's 1.29% yield.

	TTM	2025	2024
IPAY ETFMG Prime Mobile Payments ETF	0.96%	0.79%	0.77%
ASMH ASML Holding NV ADR Hedged ETF	1.29%	0.19%	0.00%

Drawdowns

IPAY vs. ASMH - Drawdown Comparison

The maximum IPAY drawdown since its inception was -51.75%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for IPAY and ASMH.

Drawdown Indicators

	IPAY	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-51.75%	-15.89%	-35.86%
Max Drawdown (1Y) Largest decline over 1 year	-31.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-51.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.75%	—	—
Current Drawdown Current decline from peak	-40.45%	-11.21%	-29.24%
Average Drawdown Average peak-to-trough decline	-16.35%	-4.43%	-11.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.05%	—	—

Volatility

Volatility by Period

	IPAY	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.48%	36.81%	-9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.81%	36.81%	-11.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.19%	36.81%	-11.62%