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IPAY vs. FINX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IPAYFINX
YTD Return1.87%-3.44%
1Y Return16.42%23.73%
3Y Return (Ann)-12.87%-17.48%
5Y Return (Ann)1.28%-1.69%
Sharpe Ratio0.700.88
Daily Std Dev19.37%23.82%
Max Drawdown-51.75%-63.53%
Current Drawdown-35.16%-50.49%

Correlation

-0.50.00.51.00.9

The correlation between IPAY and FINX is 0.90, 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.

Performance

IPAY vs. FINX - Performance Comparison

In the year-to-date period, IPAY achieves a 1.87% return, which is significantly higher than FINX's -3.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


40.00%60.00%80.00%100.00%120.00%December2024FebruaryMarchAprilMay
93.86%
75.58%
IPAY
FINX

Compare stocks, funds, or ETFs

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


ETFMG Prime Mobile Payments ETF

Global X FinTech ETF

IPAY vs. FINX - Expense Ratio Comparison

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


IPAY
ETFMG Prime Mobile Payments ETF
Expense ratio chart for IPAY: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for FINX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

IPAY vs. FINX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and Global X FinTech ETF (FINX). 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
Sharpe ratio
The chart of Sharpe ratio for IPAY, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.005.000.70
Sortino ratio
The chart of Sortino ratio for IPAY, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.001.07
Omega ratio
The chart of Omega ratio for IPAY, currently valued at 1.13, compared to the broader market0.501.001.502.002.501.13
Calmar ratio
The chart of Calmar ratio for IPAY, currently valued at 0.26, compared to the broader market0.002.004.006.008.0010.0012.000.26
Martin ratio
The chart of Martin ratio for IPAY, currently valued at 1.76, compared to the broader market0.0020.0040.0060.001.76
FINX
Sharpe ratio
The chart of Sharpe ratio for FINX, currently valued at 0.88, compared to the broader market-1.000.001.002.003.004.005.000.88
Sortino ratio
The chart of Sortino ratio for FINX, currently valued at 1.34, compared to the broader market-2.000.002.004.006.008.001.34
Omega ratio
The chart of Omega ratio for FINX, currently valued at 1.16, compared to the broader market0.501.001.502.002.501.16
Calmar ratio
The chart of Calmar ratio for FINX, currently valued at 0.33, compared to the broader market0.002.004.006.008.0010.0012.000.33
Martin ratio
The chart of Martin ratio for FINX, currently valued at 2.03, compared to the broader market0.0020.0040.0060.002.03

IPAY vs. FINX - Sharpe Ratio Comparison

The current IPAY Sharpe Ratio is 0.70, which roughly equals the FINX Sharpe Ratio of 0.88. The chart below compares the 12-month rolling Sharpe Ratio of IPAY and FINX.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50December2024FebruaryMarchAprilMay
0.70
0.88
IPAY
FINX

Dividends

IPAY vs. FINX - Dividend Comparison

IPAY's dividend yield for the trailing twelve months is around 0.11%, less than FINX's 0.22% yield.


TTM20232022202120202019201820172016
IPAY
ETFMG Prime Mobile Payments ETF
0.11%0.09%0.00%0.00%0.00%0.03%0.66%0.02%0.49%
FINX
Global X FinTech ETF
0.22%0.21%0.27%5.40%0.00%0.00%0.17%0.11%0.00%

Drawdowns

IPAY vs. FINX - Drawdown Comparison

The maximum IPAY drawdown since its inception was -51.75%, smaller than the maximum FINX drawdown of -63.53%. Use the drawdown chart below to compare losses from any high point for IPAY and FINX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%December2024FebruaryMarchAprilMay
-35.16%
-50.49%
IPAY
FINX

Volatility

IPAY vs. FINX - Volatility Comparison

The current volatility for ETFMG Prime Mobile Payments ETF (IPAY) is 6.27%, while Global X FinTech ETF (FINX) has a volatility of 6.77%. This indicates that IPAY experiences smaller price fluctuations and is considered to be less risky than FINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%December2024FebruaryMarchAprilMay
6.27%
6.77%
IPAY
FINX