IPAY vs. PYPL
Compare and contrast key facts about ETFMG Prime Mobile Payments ETF (IPAY) and PayPal Holdings, Inc. (PYPL).
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 PYPL.
Key characteristics
| IPAY | PYPL | |
|---|---|---|
| YTD Return | 25.64% | 39.70% |
| 1Y Return | 42.74% | 47.28% |
| 3Y Return (Ann) | -3.48% | -26.16% |
| 5Y Return (Ann) | 4.06% | -3.82% |
| Sharpe Ratio | 2.23 | 1.50 |
| Sortino Ratio | 3.06 | 2.05 |
| Omega Ratio | 1.37 | 1.27 |
| Calmar Ratio | 0.99 | 0.63 |
| Martin Ratio | 7.90 | 7.95 |
| Ulcer Index | 5.60% | 6.46% |
| Daily Std Dev | 19.82% | 34.14% |
| Max Drawdown | -51.75% | -83.67% |
| Current Drawdown | -20.04% | -72.19% |
Correlation
The correlation between IPAY and PYPL is 0.70, 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. PYPL - Performance Comparison
In the year-to-date period, IPAY achieves a 25.64% return, which is significantly lower than PYPL's 39.70% 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. PYPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and PayPal Holdings, Inc. (PYPL). 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. PYPL - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.09%, while PYPL has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | 0.09% | 0.09% | 0.00% | 0.00% | 0.00% | 0.03% | 0.66% | 0.03% | 0.49% |
PYPL PayPal Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IPAY vs. PYPL - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, smaller than the maximum PYPL drawdown of -83.67%. Use the drawdown chart below to compare losses from any high point for IPAY and PYPL. For additional features, visit the drawdowns tool.
Volatility
IPAY vs. PYPL - Volatility Comparison
The current volatility for ETFMG Prime Mobile Payments ETF (IPAY) is 8.10%, while PayPal Holdings, Inc. (PYPL) has a volatility of 9.19%. This indicates that IPAY experiences smaller price fluctuations and is considered to be less risky than PYPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.