IPAY vs. TRUT
IPAY (ETFMG Prime Mobile Payments ETF) and TRUT (Vaneck Technology Trusector ETF) are both Technology Equities funds. IPAY is passively managed, while TRUT is actively managed. At a 0.41 correlation, their price movements are largely independent. IPAY charges 0.75%/yr vs 0.13%/yr for TRUT.
Performance
IPAY vs. TRUT - Performance Comparison
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Returns By Period
In the year-to-date period, IPAY achieves a -16.45% return, which is significantly lower than TRUT's 25.30% return.
IPAY
- 1D
- -4.17%
- 1M
- -9.09%
- YTD
- -16.45%
- 6M
- -16.03%
- 1Y
- -23.21%
- 3Y*
- 1.92%
- 5Y*
- -8.70%
- 10Y*
- 5.98%
TRUT
- 1D
- -1.46%
- 1M
- 16.68%
- YTD
- 25.30%
- 6M
- 24.37%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IPAY vs. TRUT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | -16.45% | -9.32% |
TRUT Vaneck Technology Trusector ETF | 25.30% | 10.16% |
Correlation
The correlation between IPAY and TRUT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 22, 2025 | 0.41 |
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Return for Risk
IPAY vs. TRUT — Risk / Return Rank
IPAY
TRUT
IPAY vs. TRUT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and Vaneck Technology Trusector ETF (TRUT). 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 | TRUT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.84 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | — | — |
| Martin ratioReturn relative to average drawdown | -1.42 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IPAY | TRUT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.98 | — | — |
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 | 2.39 | -2.18 |
Drawdowns
IPAY vs. TRUT - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for IPAY and TRUT.
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Drawdown Indicators
| IPAY | TRUT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.75% | -18.55% | -33.20% |
Max Drawdown (1Y)Largest decline over 1 year | -31.31% | — | — |
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 DrawdownCurrent decline from peak | -39.51% | -1.46% | -38.05% |
Average DrawdownAverage peak-to-trough decline | -16.67% | -5.17% | -11.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.32% | — | — |
Volatility
IPAY vs. TRUT - Volatility Comparison
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Volatility by Period
| IPAY | TRUT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.19% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.70% | 21.53% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.04% | 21.53% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.38% | 21.53% | +3.85% |
IPAY vs. TRUT - Expense Ratio Comparison
IPAY has a 0.75% expense ratio, which is higher than TRUT's 0.13% expense ratio.
Dividends
IPAY vs. TRUT - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.94%, more than TRUT's 0.19% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | 0.94% | 0.79% | 0.77% |
TRUT Vaneck Technology Trusector ETF | 0.19% | 0.14% | 0.00% |
Frequently Asked Questions
IPAY and TRUT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUT is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUT is cheaper with a 0.13% expense ratio, compared with 0.75% for IPAY.
IPAY has the higher dividend yield at 0.94%, compared with 0.19% for TRUT.
They also come from different issuers: ETFMG and VanEck. Their fees differ too: 0.75% for IPAY and 0.13% for TRUT.
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