IPAY vs. STHH

Last updated Aug 4, 2026

IPAY (ETFMG Prime Mobile Payments ETF) and STHH (STMicroelectronics NV ADRhedged) are both Technology Equities funds - IPAY tracks the Prime Mobile Payments Index while STHH tracks the STMicroelectronics NV Local Shares Total Return. Both are passively managed. Over the past year, IPAY returned -9.51% vs 114.11% for STHH. Their 0.28 correlation means their historical movements had little consistent relationship. IPAY charges 0.75%/yr vs 0.19%/yr for STHH.

Performance

IPAY vs. STHH - Performance Comparison

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

Returns By Period

In the year-to-date period, IPAY achieves a -2.46% return, which is significantly lower than STHH's 107.29% return.

IPAY

• 1D: 1.56%
• 1M: 4.88%
• 6M: 3.61%
• YTD: -2.46%
• 1Y: -9.51%
• 3Y*: 6.01%
• 5Y*: -5.73%
• 10Y*: 7.66%
• ALL TIME*: 6.67%

STHH

• 1D: -0.49%
• 1M: -23.24%
• 6M: 87.74%
• YTD: 107.29%
• 1Y: 114.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 100.76%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IPAY ETFMG Prime Mobile Payments ETF	$3.69M	$3.96M	$2.49M
STHH STMicroelectronics NV ADRhedged	$179.41K	$298.65K	$521.22K

IPAY vs. STHH - Yearly Performance Comparison

	2026 (YTD)	2025
IPAY ETFMG Prime Mobile Payments ETF	-2.46%	2.13%
STHH STMicroelectronics NV ADRhedged	107.29%	17.60%

Correlation

The correlation between IPAY and STHH is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.28

Return for Risk

IPAY vs. STHH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IPAY

IPAY Risk / Return Rank: 7
IPAY Sharpe Ratio Rank: 6
IPAY Sortino Ratio Rank: 6
IPAY Omega Ratio Rank: 6
IPAY Calmar Ratio Rank: 7
IPAY Martin Ratio Rank: 8

STHH

STHH Risk / Return Rank: 79
STHH Sharpe Ratio Rank: 84
STHH Sortino Ratio Rank: 75
STHH Omega Ratio Rank: 80
STHH Calmar Ratio Rank: 80
STHH Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IPAY vs. STHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and STMicroelectronics NV ADRhedged (STHH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IPAY	STHH	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	2.04	-2.42
Sortino ratio: Return per unit of downside risk	-0.37	2.52	-2.89
Omega ratio: Gain probability vs. loss probability	0.95	1.35	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.31	3.02	-3.33
Martin ratio: Return relative to average drawdown	-0.52	9.83	-10.35

IPAY vs. STHH - Sharpe Ratio Comparison

The current IPAY Sharpe Ratio is -0.39, which is lower than the STHH Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of IPAY and STHH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IPAY vs. STHH - Drawdown Comparison

The maximum IPAY drawdown since its inception was -51.75%, which is greater than STHH's maximum drawdown of -37.98%. Use the drawdown chart below to compare losses from any high point for IPAY and STHH.

Drawdown Indicators

	IPAY	STHH	Difference
Max Drawdown Largest peak-to-trough decline	-51.75%	-37.98%	-13.77%
Max Drawdown (1Y) Largest decline over 1 year	-30.88%	-37.98%	+7.10%
Max Drawdown (3Y) Largest decline over 3 years	-32.74%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-51.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.75%	—	—
Current Drawdown Current decline from peak	-29.38%	-33.80%	+4.42%
Average Drawdown Average peak-to-trough decline	-16.93%	-10.91%	-6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.21%	11.65%	+6.56%

Volatility

IPAY vs. STHH - Volatility Comparison

The current volatility for ETFMG Prime Mobile Payments ETF (IPAY) is 7.11%, while STMicroelectronics NV ADRhedged (STHH) has a volatility of 26.83%. This indicates that IPAY experiences smaller price fluctuations and is considered to be less risky than STHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPAY	STHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	26.83%	-19.72%
Volatility (6M) Calculated over the trailing 6-month period	19.94%	48.53%	-28.59%
Volatility (1Y) Calculated over the trailing 1-year period	24.73%	56.48%	-31.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.33%	55.09%	-28.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.43%	55.09%	-29.66%

IPAY vs. STHH - Expense Ratio Comparison

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

Dividends

IPAY vs. STHH - Dividend Comparison

IPAY's dividend yield for the trailing twelve months is around 0.81%, less than STHH's 0.97% yield.

Position	TTM	2025	2024
IPAY ETFMG Prime Mobile Payments ETF	0.81%	0.79%	0.77%
STHH STMicroelectronics NV ADRhedged	0.97%	0.69%	0.00%

Frequently Asked Questions

Can I hold both IPAY and STHH in my portfolio?

IPAY and STHH have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPAY or STHH?

STHH has higher volatility (26.83%) compared to IPAY (7.11%). In terms of maximum drawdown, IPAY dropped -51.75% vs STHH's -37.98%.

Which ETF is better, IPAY or STHH?

On 1-year performance, STHH leads with 114.11% vs -9.51% for IPAY. On fees, STHH is cheaper at 0.19% per year. On volatility, IPAY has been the lower-risk option at 7.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IPAY or STHH?

Over the 1-year period, STHH has performed better with a 114.11% return vs -9.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IPAY or STHH?

STHH is cheaper with a 0.19% expense ratio, compared with 0.75% for IPAY.

Which ETF pays a higher dividend yield, IPAY or STHH?

STHH has the higher dividend yield at 0.97%, compared with 0.81% for IPAY.

What is the main difference between IPAY and STHH?

IPAY tracks Prime Mobile Payments Index, while STHH tracks STMicroelectronics NV Local Shares Total Return. They also come from different issuers: ETFMG and ADRhedged. Their fees differ too: 0.75% for IPAY and 0.19% for STHH.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (2.04 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.