PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
IPAY vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IPAYVOO
YTD Return25.64%26.13%
1Y Return42.74%33.91%
3Y Return (Ann)-3.48%9.98%
5Y Return (Ann)4.06%15.61%
Sharpe Ratio2.232.82
Sortino Ratio3.063.76
Omega Ratio1.371.53
Calmar Ratio0.994.05
Martin Ratio7.9018.48
Ulcer Index5.60%1.85%
Daily Std Dev19.82%12.12%
Max Drawdown-51.75%-33.99%
Current Drawdown-20.04%-0.88%

Correlation

-0.50.00.51.00.8

The correlation between IPAY and VOO is 0.79, 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. VOO - Performance Comparison

The year-to-date returns for both investments are quite close, with IPAY having a 25.64% return and VOO slightly higher at 26.13%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
18.18%
13.01%
IPAY
VOO

Compare stocks, funds, or ETFs

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


IPAY vs. VOO - Expense Ratio Comparison

IPAY has a 0.75% expense ratio, which is higher than VOO's 0.03% 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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

IPAY vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and Vanguard S&P 500 ETF (VOO). 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 2.23, compared to the broader market0.002.004.006.002.23
Sortino ratio
The chart of Sortino ratio for IPAY, currently valued at 3.06, compared to the broader market-2.000.002.004.006.008.0010.0012.003.06
Omega ratio
The chart of Omega ratio for IPAY, currently valued at 1.37, compared to the broader market1.001.502.002.503.001.37
Calmar ratio
The chart of Calmar ratio for IPAY, currently valued at 0.99, compared to the broader market0.005.0010.0015.000.99
Martin ratio
The chart of Martin ratio for IPAY, currently valued at 7.90, compared to the broader market0.0020.0040.0060.0080.00100.007.90
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.82, compared to the broader market0.002.004.006.002.82
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.76, compared to the broader market-2.000.002.004.006.008.0010.0012.003.76
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.53, compared to the broader market1.001.502.002.503.001.53
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 4.05, compared to the broader market0.005.0010.0015.004.05
Martin ratio
The chart of Martin ratio for VOO, currently valued at 18.48, compared to the broader market0.0020.0040.0060.0080.00100.0018.48

IPAY vs. VOO - Sharpe Ratio Comparison

The current IPAY Sharpe Ratio is 2.23, which is comparable to the VOO Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of IPAY and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
2.23
2.82
IPAY
VOO

Dividends

IPAY vs. VOO - Dividend Comparison

IPAY's dividend yield for the trailing twelve months is around 0.09%, less than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
IPAY
ETFMG Prime Mobile Payments ETF
0.09%0.09%0.00%0.00%0.00%0.03%0.66%0.03%0.49%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

IPAY vs. VOO - Drawdown Comparison

The maximum IPAY drawdown since its inception was -51.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IPAY and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-20.04%
-0.88%
IPAY
VOO

Volatility

IPAY vs. VOO - Volatility Comparison

ETFMG Prime Mobile Payments ETF (IPAY) has a higher volatility of 8.10% compared to Vanguard S&P 500 ETF (VOO) at 3.84%. This indicates that IPAY's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
8.10%
3.84%
IPAY
VOO