IPAY vs. AXP
Compare and contrast key facts about ETFMG Prime Mobile Payments ETF (IPAY) and American Express Company (AXP).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPAY or AXP.
Key characteristics
| IPAY | AXP | |
|---|---|---|
| YTD Return | 1.87% | 24.33% |
| 1Y Return | 16.42% | 53.14% |
| 3Y Return (Ann) | -12.87% | 16.23% |
| 5Y Return (Ann) | 1.28% | 15.82% |
| Sharpe Ratio | 0.70 | 2.09 |
| Daily Std Dev | 19.37% | 22.63% |
| Max Drawdown | -51.75% | -83.91% |
| Current Drawdown | -35.16% | -3.20% |
Correlation
The correlation between IPAY and AXP is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPAY vs. AXP - Performance Comparison
In the year-to-date period, IPAY achieves a 1.87% return, which is significantly lower than AXP's 24.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IPAY vs. AXP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and American Express Company (AXP). 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.
Dividends
IPAY vs. AXP - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.11%, less than AXP's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | 0.11% | 0.09% | 0.00% | 0.00% | 0.00% | 0.03% | 0.66% | 0.02% | 0.49% | 0.00% | 0.00% | 0.00% |
AXP American Express Company | 1.08% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% | 1.05% | 0.95% |
Drawdowns
IPAY vs. AXP - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, smaller than the maximum AXP drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for IPAY and AXP. For additional features, visit the drawdowns tool.
Volatility
IPAY vs. AXP - Volatility Comparison
The current volatility for ETFMG Prime Mobile Payments ETF (IPAY) is 6.27%, while American Express Company (AXP) has a volatility of 8.40%. This indicates that IPAY experiences smaller price fluctuations and is considered to be less risky than AXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.